Cement News tagged under: Colombia
Colombia’s cement shipments fall 11% in May04 July 2024, Published under Cement NewsCement dispatches in Colombia declined 10.9 per cent to 1.003Mt in May 2024 from 1.126Mt in May 2023, according to statistics agency DANE. Production was down 11.6 per cent YoY to 1.094Mt in May 2024 from 1.237Mt in the year-ago period. The market contraction was larger in the bagged cement segment, where sales were down 12 per cent. Bulk deliveries fell by 8.8 per cent YoY. In terms of market segments, the retail sector reported a 9.2 per cent YoY decrease while construction companies and... |
FICEM Technical Conference 202428 June 2024, Published under Cement NewsFICEM's Technical Conference 2024 will be held in Cartegena, Colombia between 16-18 September. The event will enable attendees to follow the latestrends and innovations that are transforming the cement industry. This will be the 40th anniversary of the FICEM Technical conference and exhibition . |
Holcim Colombia appoints new executive president11 June 2024, Published under Cement NewsMartín Costanian has been appointed as the new executive president of Holcim Colombia SA . Mr Costanian will succeed Marco Maccarelli, who will take up new challenges within Holcim. Holcim Colombia’s new executive president has a degree in science and business administration from the Universidad Católica del Uruguay and has a Master of Business Administration from the Carlson School of Management of the University of Minnesota. He joined Holcim México SA de CV in 2019 as chief financi... |
Colombian cement market expands 9% in April04 June 2024, Published under Cement NewsCement dispatches in Colombia increased by 8.7 per cent YoY to 1.073Mt in April 2024 from 0.988Mt, according to the country’s statistics office, DANE. Bagged cement sales saw a 10.5 per cent YoY uptick, reflecting a 13.8 per cent expansion of the retail segment. Bulk sales were up 5.1 per cent YoY as concrete companies increased their off-take by 6.1 per cent, and sales to construction companies and contractors edged up by two per cent. On the supply side, production by Colombian cement ... |
Biomass: fuel of the future16 May 2024, Published under Cement NewsThe use of biomass is a significant step forward in the decarbonisation of the cement industry. The last decade has seen the introduction of a range of biomasses in the kilns of Cementos Argos, which sees it as a fuel of the future. By Mauricio Giraldo, Cementos Argos, Colombia Biomass provides a low- or zero-carbon fuel for the cement industry (© Cementos Argos) A s the first quarter of the 21st century is nearing its end, it is clear that human-induced climate change has... |
Colombian market contracts 19% in March16 May 2024, Published under Cement NewsCement dispatches in Colombia fell 19.1 per cent YoY to 0.941Mt in March 2024 from 1.163Mt in March 2023, according to the nation’s statistics office, DANE. Bagged cement sales decreased by 20.2 per cent YoY while bulk cement sales were down 16.8 per cent YoY in March 2024. The retail sector saw the largest contraction by 9.1 per YoY, followed by the construction companies and contractors segment (-4.2 per cent) and ready-mix concrete companies (-3.9 per cent). Other markets saw sales slip ... |
CEMEX to use solar power for Caracolito plant15 March 2024, Published under Cement NewsCEMEX Colombia will source 42,865MWh of electricity per year for its Caracolita plant in Colima from Celsia's new 19.9MWac solar farm in Ibague upon commissioning of the new solar farm. The alternative power source will replace 25 per cent of the cement plant's electricity. "[S]upplying our main cement plant in Colombia with solar energy will be a decisive step in our strategy to take advantage of renewable sources for cement production in Colombia,” said Alejandro Ramirez, president of Ce... |
Colombian cement market contracts 4% in January06 March 2024, Published under Cement NewsCement dispatches in Colombia declined 4.2 per cent YoY to 0.891Mt in January 2024 when compared with 0.93Mt dispatched in January 2023, reports the country’s statistics office, DANE. The decrease was attributed by DANE to a drop in sales in Norte de Santander (-38.9 per cent YoY), Valle del Cauca (-11.7 per cent) and Atlántico (-12.4 per cent). Bagged cement sales declined by six per cent YoY with decreases in dispatches in Norte de Santander (-32.9 per cent), Valle del Cauca (-13.2 per c... |
Argos' adjusted EBITDA totals COP672bn in 4Q2322 February 2024, Published under Cement NewsFor the fourth quarter of 2023, Argos ' adjusted EBITDA stood at COP676bn (US$172.2m), increasing 12 per cent compared to 4Q22. The results were driven by strong pricing dynamics, especially in the US, combined with cost efficiencies in both Colombia and the US. Adjusted EBITDA margin stood at 23.2 per cent for the quarter, increasing 393 basis points versus 2022 on a comparable basis. In terms of volumes, total cement dispatches reached 3.8Mt, with a contraction of 2.3 per cent, caus... |
Colombian cement dispatches fall to 12.9Mt in 202307 February 2024, Published under Cement NewsCement dispatches in Colombia slipped by 2.6 per cent to 1.093Mt in December 2023 from 1.122Mt in December 2022, according to the country’s statistics agency, DANE. Of this total, bulk deliveries declined by 5.2 per cent while bagged cement dispatches were down 1.4 per cent. While retail sales increased 2.5 per cent YoY in December 2023, ready-mix concrete companies and the construction and contractor segment reduced their off take by eight and 11.9 per cent, respectively. Output from do... |