Cement News tagged under: South America
Fancesa inaugurates new Cal Orcko line27 April 2021, Published under Cement NewsBolivia’s Fábrica Nacional de Cemento SA (Fancesa) inaugurated its new production line at Cal Orcko, near Sucre. The US$215.45m investment will bring plant capacity to 2100tpd. Chairman of Fancesa’s Board of Directors, Edwin Hurtado, highlighted the important role that bondholders and national banks have played in financing part of the economic resources for the execution of the new line. “Without his participation, this long-awaited project would not have materialised.” The project has g... |
LafargeHolcim looks to divest Brazilian assets22 April 2021, Published under Cement NewsLafargeHolcim is reportedly exploring the sale of its Brazilian unit, which consists of 12 plants, according to people close to the matter. The company has hired Banco Itau BBA to advise on the potential divestment, which could bring in as much as US$1.5bn. The divestment could be made to one buyer or assets could be split. Under CEO Jan Jenisch, the company has been selling off assets that do not contribute to core operations as the company seeks to reduce debt levels. Earlier sell-off... |
Peruvian cement market expands 151% in March16 April 2021, Published under Cement NewsCement dispatches in Peru surged 151 per cent YoY to 1.09Mt in March 2021 from a low base of 0.435Mt in March 2020, when the country faced measures to slow the spread of COVID-19, according to its national cement association, Asocem. Cement production from the cement plants owned by Asocem members went up from 0.419Mt in March 2020 to 1.006Mt in March 2021. Clinker output rose from 0.352Mt to 0.708Mt over the period. Domestic production was supplemented by 133,100t of cement imports, up 31... |
Brazilian cement consumption up 34% YoY in March14 April 2021, Published under Cement NewsBrazil's cement market expanded 34.2 per cent to 5.48Mt in March 2021 when compared with March 2020, according to the country’s cement association, SNIC. Market growth was the strongest in the south, where sales increased 45.3 per cent YoY from 682,000t to 991,000t in March 2021, followed by sales in the northeast, which expanded by 43.6 per cent to 1,127,000t from 785,000t. In the central-western part of Brazil offtake rose by 37.9 per cent to 571,000t from 414,000t while in the north, th... |
Uruguay's cement market expands 16 per cent in 1Q2113 April 2021, Published under Cement NewsCement deliveries in Uruguay saw a 33.8 per cent YoY advance in March 2021 to 71,027t from 53,083t in March 2020. This follows a 6.8 per cent increase to 65,680t in February and a 9.3 per cent uptick to 53,268t in January 2021, according to the country’s cement association, Asociación de Fabricantes de Cemento Portland del Uruguay (AFCPU). Exports reached 6349t in March 2021, up 156.4 per cent YoY from 2476t in March 2020. In February 2021 exports increased 37.7 per cent YoY to 3615t while... |
ECEBOL signs contract for natural gas supply08 April 2021, Published under Cement NewsECEBOL's new plant in Potosí, Bolivia, is expected to be supplied with natural gas by Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) through an 8km pipeline that will connect YPFB’s Transporte system with the cement factory. ECEBOL and YPFB signed a contract guaranteeing the supply of 11.9MMcf of natural gas per day, which will be used to produce cement and clinker that will supply national and international demand. "We have been making progress with the connections to the differen... |
Argentina's cement market expands by 94% in March07 April 2021, Published under Cement NewsCement demand in Argentina surged by 94 per cent YoY to 974,391t in March 2021 from a low base of 502,368t in March 2020, according to the country’s cement association, AFCP. The market was entirely supplied by domestic production, which advanced by 93.5 per cent from 508,402t to 983,911t over the same period. In March 2021 domestic producers exported 9520t, up 57.8 per cent YoY from 6034t in March 2020. January-March 2021 The Argentine market expanded by 38.6 per cent to 2.682Mt in th... |
Bolivian market contracts 24% in January07 April 2021, Published under Cement NewsCement consumption in Bolivia saw a 24.1 per cent drop to 230,317t in January 2021 from 303,619t in January 2020, according to Bolivia’s national statistics institute, INE. A MoM fall of 29.8 per cent was noted when compared with a demand of 328,064t in December 2020. Bolivian cement production declined 38.9 per cent from 392,217 in January 2020 to 239,663t in January 2021. When compared with December 2020, a 25.8 per cent drop from 322,876t was reported. |
Colombian cement market expands 5% in February06 April 2021, Published under Cement NewsCement dispatches in Colombia increased 5.3 per cent to 1.079Mt in February 2021 when compared with 1.025Mt in February 2020, according to the country’s statistics office, DANE. Bagged cement sales were up by 11.8 per cent in February but bulk sales fell 7.2 per cent YoY. The retail sector accounted for all of this growth, with sales expanding by 16.9 per cent. In contrast, there was an 11 per cent drop in offtake by ready-mix concrete companies while sales to construction companies and co... |
Argentine cement price up 5%06 April 2021, Published under Cement NewsThe price of a 50kg bag of cement in Argentina saw a five per cent increase to ARS820 (US$8.90) on 3 April 2021, according to El Liberal newspaper. The latest price rise has seen prices increase cumulatively by 20 per cent since December 2019. |