Cement News tagged under: South America
Peru sees demand up 26% in July 202119 August 2021, Published under Cement NewsPeru’s cement market grew 26 per cent YoY to 1.135Mt in July 2021, compared with 0.904Mt in the year-ago period, according to the country’s cement association, Asocem. Cement production also advanced 29 per cent to 1.063Mt in July 2021 against 0.821Mt in the same month of 2020. Compared to July 2019, production climbed 24 per cent from 0.858Mt. Cement exports rose 171 per cent YoY to 18,200t, while clinker exports reached 66,200t (-26 per cent from June 2021). Elsewhere, cement imports ... |
Loma Negra records 47% advance in net revenue13 August 2021, Published under Cement NewsArgentina's Loma Negra has reported a 46.6 per cent YoY increase in net revenue to ARS14.269bn (US$147m) in the quarter ending 30 June 2021, mostly driven by its cement segment. Its consolidated adjusted EBITDA also climbed 74.1 per cent YoY to ARS4354m, with the EBITDA margin expanding from 25.7 per cent to 30.5 per cent. "We are pleased to announce another quarter with an excellent performance. Demand continues with a strong momentum and, after several quarters of recovery, is now exceedi... |
Brazil's cement market expansion decelerates in July11 August 2021, Published under Cement NewsCement sales in Brazil remained almost level in July 2021 at 5.9Mt, representing a 0.1 per cent YoY increase from 5.897Mt in July 2020, according to SNIC, the industry’s professional body. All regional markets, except for the South, showed small to moderate contractions. In the South sales were up 9.9 per cent to 1.019Mt, but at the other end of the spectrum sales in the Northeast, the country’s second-largest market, were down four per cent to 1.158Mt. The key Southeast market contracted ... |
Chile’s cement market expands 67% YoY in June 202109 August 2021, Published under Cement NewsChilean cement consumption advanced 66.7 per cent YoY in June 2021 to 355,851t when compared with the 233,186t reported in June 2020 and by 21.9 per cent when compared with June 2019, according to the Chilean Construction Chamber, CChC. In the January-June 2021 period, dispatches were up 20.5 per cent YoY to 2,145,846t from 1,781,388t in the 1H20. When compared with the first six months of 2019, when dispatches reached 2,065,205t there was a 3.9 advance. |
Argentina’s producers enjoy pick-up in domestic and export demand in July05 August 2021, Published under Cement NewsArgentina’s cement consumption increased 20.9 per cent YoY and 8.5 per cent MoM to 1,043,388Mt in July 2021 from 862,675t in July 2020 and from 961,512t in June 2021, according to the country’s cement association, AFCP. The domestic market was entirely supplied by local production, which advanced by 21.4 per cent YoY and 8.5 per cent MoM to 1,053,344t from 867,641t in July 2020 and from 970,712t in June 2021. Of total output, 9956t was exported in July 2021, representing a 100 per cent incr... |
Colombian market expands 18% in June04 August 2021, Published under Cement NewsCement consumption in Colombia reached 1.072Mt in June 2021, up 18.4 per cent when compared with 0.905Mt in June 2021 and by 9.5 per cent per cent when compared with 0.979Mt reported in June 2019, according to DANE, the country’s statistics office. Retail sales advanced by 18.3 per cent in June 2021 while offtake from ready-mix concrete companies was up 18.3 per cent when compared with June 2020. Construction companies and contractors increased their purchases by 14.5 per cent YoY. Produ... |
Bolivia's cement market expands 125% in May03 August 2021, Published under Cement NewsBolivian cement demand advanced 125 per cent to 295,026t in May 2021 when compared with the low base of 131,101t in May 2020, according to Bolivia’s statistics office, INE. When compared with May 2020, it contracted by 6.4 per cent from 309,393t in May 2019. Output from domestic cement producers surged 92.8 per cent to 307,004t in May 2021 from 159,201t in the year-ago period. When compared with May 2019, it slipped 2.6 per cent from 315,293t. January-May 2021 Cement consumption reached ... |
Cementos Pacasmayo posts 286% rise in revenue20 July 2021, Published under Cement NewsPeru's Cementos Pacasmayo has seen its revenue increase 285.7 per cent YoY to PEN440.9m (US$111.64m) in the second quarter of 2021, compared to PEN114.3m in the year-ago period. Consolidated EBITDA also surged to PEN90m from a PEN5.7m loss in the 2Q20. Sales volumes of cement, concrete and precast increased 257.2 per cent YoY to 847,700t, mainly due to the continued increase in sales of bagged cement and to the halt in commercialisation during the 2Q20. If compared to volumese in the 2Q19... |
Peruvian cement demand surges 66% in June16 July 2021, Published under Cement NewsPeru’s cement market expanded by 66 per cent YoY to 1.085Mt in June 2021, according to the country’s cement association, Asocem. When compared with June 2019, the increase was 23 per cent from 0.879Mt. Cement production saw a 68 per cent increase to 1.085Mt in June 2021 when compared with 0.655Mt manufactured in June 2020. When compared with June 2019 output advanced 24 per cent from 0.879Mt. External trade Cement exports rose by 144 per cent from 6000t in June 2020 to 16,000t in June ... |
Chilean cement demand sees 21% hike in May13 July 2021, Published under Cement NewsChile’s cement market expanded by 21.2 per cent YoY as 353,704t was sold in May 2021 compared with 352,817t in May 2020, according to the Chilean construction chamber, CChC. The January-May 2021 period saw an increase of 14.2 per cent to 1,789,995t when compared with 1,567,886t in the 5M20. |