Cement News tagged under: Argentina
Argentina: monthly cement demand slips12 March 2014, Published under Cement NewsIn February 2014, dispatches from Argentina’s cement plants fell 13.9 per cent MoM to 802,573t, including exports. However, YoY the drop was more modest at 4.4 per cent, data from domestic association AFCP reveals. Domestic cement consumption saw a similar MoM and a 3.1 per cent YoY decrease with cement producers delivering 783,917t. No imports were recorded. |
Cimpor achieves record cement sales and profits03 March 2014, Published under Cement NewsOn a comparative basis, turnover at Cimpor increased by 25.5 per cent last year to EUR2624.5m and the EBITDA rose by 45.5 per cent to EUR691.8m. The trading profit emerged at EUR487m compared with a loss of EUR7.2m in the previous year on an integrated basis, or a EUR305.8m proforma profit on a restated basis, or a 59.3 per cent increase. The net financial charge, on an integrated basis, rose by 23.2 per cent to EUR406.9m, giving a pre-tax profit of EUR80.1m and at the net attributable le... |
Mexico and Argentina impact 2013 Molins results03 March 2014, Published under Cement NewsThe market contraction in Mexico and a devaluation of the Argentine peso impacted the annual results of Cementos Molins. The Spanish company saw profit fall by 77 per cent to EUR10.1m although this is not comparable with the EUR20m of the previous year as the cement producer sold its stake in Cementos Artigas of Uruguay. Consolidated turnover noted a 9.4 per cent drop to EUR832m. Foreign companies accounted for 80 per cent of Cementos Molins consolidated profits. The Mexican and Argenti... |
Argentina: producers benefit from modest rise in demand12 February 2014, Published under Cement NewsIn January 2014, Argentina’s cement plants shipped 931,738t, including exports, reflecting a MoM increase of 0.4 per cent and a YoY rise of two per cent. The domestic marked demand, which includes imports, reached 910,379t, noting a 0.5 per cent fall from December 2013, but a 2.5 per cent advance on a year ago. |
Argentina reports annual consumption gains09 January 2014, Published under Cement NewsCement consumption in Argentina increased by 16.1 per cent YoY in December to reach 914,964t, latest data from industry association AFCP shows. However, despite the annual increase, the December 2013 figure was 12.6 per cent lower compared to demand in November 2013. Portland cement shipments by the domestic industry (including exports) were 927,964t in December 2013, also down 12.6 per cent from November's figures, but 14.7 per cent higher YoY. |
Argentina’s cement market expands 9.1% YoY06 December 2013, Published under Cement NewsArgentina’s cement plants shipped 1,062,099t of cement, including exports, in November 2013, a MoM decline of 7.8 per cent but a YoY rise of 8.1 per cent. The domestic market absorbed around 1,046,486t, both from domestic and overseas producers – some 7.9 per cent less than October 2013. However, when compared with November last year, sales expanded by 9.1 per cent. |
Loma Negra to proceed with San Juan plant02 December 2013, Published under Cement NewsLoma Negra has Loma Negra approved the construction of a new cement plant in San Juan, according to the Argentine cement producer’s manager, Osvaldo Schütz. While the company had shelved the project, which was to start this year, following the strong protest of the local Pocito population, Mr Schütz said the plant would be built but did not specify the exact location. Construction on the 2000tpd works would start in 2014 and take 30 months to build. Loma Negra is Argentina’s leading c... |
Cement demand in Argentina advances 19%14 November 2013, Published under Cement NewsIn October 2013, Argentinean cement plants shipped 1,151,413t of cement, including exports, representing a 9.5 per cent increase compared to the previous month and a 16.2 per cent rise YoY. Domestic consumption, including imports, reached 1,136,672t, up nine per cent from September and increasing by 19.1 per cent YoY . |
Argentinan capacity at its limits?07 November 2013, Published under Cement NewsCement production capacity in Argentina is reaching its limit, according to Sitio Andino. The rupture of a filter that paralysed Loma Negra’s San Juan works for a month-and-a-half, at a time when the Mendoza construction sector enjoyed a recovery, has highlighted the tight fit between supply and demand in the South American country. Delivery lead times shot up to 30-45 days and prices surged at retail level to around US$58/50kg bag. Loma Negra and Holcim, two major cement producers recog... |
Argentina: cement market expands 17% YoY18 October 2013, Published under Cement NewsIn September, Argentina’s cement producers delivered 1,050,170t of cement, including exports. While this represents a 2.7 per cent decrease when compared with August dispatches, the volume rose 15.8 per cent YoY. The internal market absorbed 1,041,084t, 2.8 per cent less than the previous month. However, when compared with September 2012, Argentine producers enjoyed a 17 per cent rise in sales. |