Cement News tagged under: South America
Brazil's cement market contracts in September17 October 2022, Published under Cement NewsBrazilian total cement sales declined by 3.8 per cent YoY to 5.5Mt, according to the country’s cement association, SNIC. Per working day, sales fell by 3.5 per cent YoY to 238,000t. Within Brazil sales reached 5.483Mt, down 3.5 per cent YoY, in September 2022. The country’s second-largest market, the northeast, saw the largest fall with sales down six per cent to 1.098Mt in September 2022 from 1.168Mt in September 2021. The southeast and southern markets contracted by 3.9 per cent to 2.522M... |
Argentina’s cement consumption up 9% in September14 October 2022, Published under Cement NewsArgentina’s cement market expanded 9.2 per cent YoY but contracted 1.1 per cent MoM to 1,212,814t in September 2022, according to the country’s cement association, AFCP. Domestic producers manufactured 1,217,796t of cement, up 8.6 per cent YoY but down 1.1 per cent MoM. Of this total, 4982t were exported, representing a 53.2 per cent drop from September 2021 when the country exported 10,653t. When compared with August 2022, there was an uptick of 6.4 per cent. There were no imports. Jan... |
CEMEX Colombia and BBVA form Vertua customer alliance14 October 2022, Published under Cement NewsCEMEX Colombia and BBVA in Colombia have formed an alliance that will allow the company's customers to access a sustainable line of credit with the bank to extend the payment term of their Vertua cement invoices. Vertua cement may reduce CO 2 emissions by up to 45 per cent compared to traditional cement. The bank has become a strategic ally for CEMEX in designing a financial product that makes it possible for its clients to benefit from the payment of their Vertua cement bills... |
Menzel Elektromotoren carries out crane motor order07 October 2022, Published under Cement NewsMenzel Elektromotoren has manufactured four crane motors with the exact electrical and mechanical interfacing positions of a make that is no longer available today for a cement project in Chile. The new slip ring motors based on a cost-efficient motor series will drive hoists on overhead cranes in the cement plant. The motors have two shaft ends, with the drive end coupled to the gearbox, which connects to the rope drum, and a brake installed on the non-drive end. At the custome... |
Colombian grey cement market expands 8% in August03 October 2022, Published under Cement NewsGrey cement consumption in Colombia grew by 8.4 per cent YoY in August 2022 to 1.19Mt from 1.098Mt, according to the country’s statistics office, DANE. Of this total, bulk shipments were up 12.2 per cent while bagged cement saw a 6.6 per cent increase. Ready-mix concrete companies increased their off-take by 20.9 per cent while sales by the retail segment were up 6.8 per cent YoY in August 2022. Sales to construction companies and contractors slipped by 0.4 per cent YoY in the same month. ... |
Peru’s cement market expands 3% in August20 September 2022, Published under Cement NewsCement dispatches in Peru edged up by three per cent YoY to 1.227Mt in August 2022 when compared with 1.192Mt dispatched in August 2021, according to the country’s cement association, ASOCEM. Of this total, 1.167Mt was delivered by its members. Cement production saw a two per cent uptick YoY to 1.145Mt in August 2022 from 1.126Mt in August 2021. Clinker output slipped by two per cent to 0.843Mt in August 2022 from 0.86Mt in the year-ago period. Peru’s cement producers exported 15,000t of... |
CBB reports 74% drop in net profit15 September 2022, Published under Cement NewsChilean cement producer Cementos Bío-Bío (CBB) saw a 15.3 per cent increase in sales to CLP155,089m in the first half of 2022 when compared with the CLP134,538m reported for the 1H21. Gross profits declined 12.2 per cent YoY to CLP43,268m in the 1H from CLP49,286m on the back of higher distribution and administration costs. Finance costs increased to CLP4508m in the 1H22 from CLP1380Mt in the year-ago period. Profit before tax fell by 98.4 per cent from CLP10,282m in the 1H21 to CLP156m... |
August sales remain stable in Brazil14 September 2022, Published under Cement NewsDomestic cement sales in Brazil edged up 0.1 per cent to 5.866Mt in August 2022 from 5.858Mt in August 2021, according to the country’s cement association, SNIC. The association attributes the limited growth in cement sales to an unstable economic scenario, marked by high interest rates, high indebtedness and the low income of Brazilians. Sales in the southeastern market, the largest in the country, declined by two per cent to 2.654Mt in August 2022 when compared with August 2021, when 2.70... |
Cemento Polpaico reports 17% rise in 1H revenues, 1H profits are down09 September 2022, Published under Cement NewsCemento Polpaico SA reported revenues of CLP178.053bn (US$201.8m) in the January-June 2022 period, up 16.9 per cent when compared with CLP152.376bn in the January-June 2021. The Chilean cement producer has attributed the increase in revenues mainly to “the updating of the price level in all businesses as a result of the strong increase in the costs of production and distribution resulting from rise in inflation, rise in the exchange rate, rise in the cost of fuel and the increase in the co... |
Venezuelan cement industry operates 40% capacity09 September 2022, Published under Cement NewsThe cement industry in Venezuela is operating at 40 per cent of its installed capacity, according to Orlando Chirinos, president of the Cement Workers Federation (Fetracemento). “The cement industry is totally paralysed, technically, because it is below its production capacity. At the national level, the industry is using 40 per cent of its production capacity. We are talking of 9Mt that today is producing less than one million metric tons”, he expressed. He attributed the reduced capacit... |