Cement News tagged under: Ecuador

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Ecuador sees decline in monthly sales

14 May 2015, Published under Cement News

Ecuador cement sales declined fell to 468,432t compared to 504,682t in the month before, latest data from domestic cement association Inecyc reveals. The decline follows a 15.68 per cent MoM increase in March. Cumulative sales over the first four months of 2015 reached 1.913Mt, the statistics show.

Ecuador first-quarter sales at 1.4Mt

27 April 2015, Published under Cement News

Ecuador cement sales in the first three months of 2015 reached 1.427Mt, latest data from local association Instituto Ecuatoriano del Cemento y del Hormigon shows. In March alone, sales were 504,682t, up 15.67 per cent compared to the February 2015 figure of 436,287t.

Ecuador monthly sales down 10.3%

02 April 2015, Published under Cement News

Cement sales in Ecuador in February 2015 were 0.436t, down 10.3 per cent compared to 0.486Mt recorded in January 2015. For the first two months of this year, accumulated sales totalled 0.922Mt, latest information from Instituto Ecuatoriano Del Cemento Y Del Hormigon shows. Total sales last year came in at around 6.45Mt, up from 6.3Mt the previous year.

Ecuador: Holcim inaugurates modernised Guayaquil works

01 March 2015, Published under Cement News

Holcim recently opened Phase II of its Guayaquil, Ecuador, cement works modernisation. The second phase of the Guayaquil modernisation includes the addition of a new raw vertical mill, clay storage building and raw material storage. During the 28-month construction period, the company strived to maintain high industrial safety, promoting safe work sites through 49,000h of staff training. The modernisation also focussed on environmental management, investing a fifth of the project’s cons...

Ecuador 2014 sales down 2%

28 January 2015, Published under Cement News

Ecuador cement sales dipped in 2014 to 6.47Mt, down two per cent from the 6.60Mt recorded in the previous year, latest data from domestic cement association INECYC shows . Last year's decline follows three consecutive years of annual sales growth in the Latin American country from 2011 to 2013. During December 2014, monthly sales rose 4.85 per cent to 557,786t compared to November 2014 (532,009t).

Ecuador: Peru’s Cementos Yura buys stake in Unión Cementera Nacional

26 January 2015, Published under Cement News

Cementos Yura, part of Peru’s Grupo Gloria, has acquired a 63.5 per cent share in state-owned Unión Cementera Nacional of Ecuador, which will hold the balance of shares. The $230m investment will be disbursed to the Ecuadorian cement producers via a trust over the next 40 months, during which the construction will take place of a new 2400tpd clinker production line in Riobamba. "We will participate in this company with this contribution and are very optimistic that this will benefit t...

Ecuador monthly cement sales update

30 December 2014, Published under Cement News

Ecuador cement sales registered a double-digit monthly decline during November 2014, latest data from Ecuador cement association Inecyc shows.  Sales during November were down by 11.7 per cent to 532,009t compared to 602,748t in the previous month. Total sales for the January-November 2014 period reached 5.913Mt.

US$125m CAF loan signed for Guayaquil project

03 December 2014, Published under Cement News

Holcim Ecuador SA has signed a loan contract for US$125m with the Latin American development bank, CAF. The funds will finance the modernisation of Holcim’s Guayaquil plant. The upgrade programme will see clinker production capacity rise to 3.4Mta, enabling to replace current clinker imports by domestic production and reduce the country’s currency outflow. In addition, some 20 per cent of the investment will be directed to environmental technology to improve the plant’s environmental re...

UNACEM completes Ecuador acquisition

03 December 2014, Published under Cement News

Peruvian cement producer Union Andina de Cementos SAA (UNACEM) confirmed that it has completed the purchase of Lafarge’s cement operations in Ecuador. "We are pleased with the closing of the transaction, which represents an important step in our growth strategy,” Carlos Ugás, managing director of Unacem. The company closed the acquisition, initially announced in May this year, for approximately US$517m, according to local press reports. The deal involves the purchase of a 1.4Mta cement w...

Ecuador monthly sales up 4.61%

21 November 2014, Published under Cement News

Ecuador cement sales during October 2014 reached 602,748t, up 4.61 per cent compared to the previous month. Accumulated sales over the first 10 months of this year were 5.381Mt, according to the latest data from domestic cement association INECYC.