Cement News tagged under: South America
Paraguay’s INC sets 70,000bags/day output target23 March 2021, Published under Cement NewsParaguay-based Industria Nacional de Cemento (INC) reported that the production of cement at its Vallemí plant is normalising at nearly 50,000 bags/day. The state-owned cement producer currently has a production target of 70,000 bags/day. INC President, Ernesto Benítez, said that once imported stock is sold, the INC product will be able to reach the market via the usual channels. “There is still a significant amount of this imported cement in the warehouses and this delays the departure of... |
Interoceanicos to build cement plant in Puno18 March 2021, Published under Cement NewsPeru-based Cementos Interoceanicos has signed an agreement with Satarem to build a 1Mta cement and two lime plants in Puno, Peru, in the next 18 months. The cement producer expects to enter the area’s cement and lime markets in the next two years. The project represents an investment of US$158m. Satarem aims to have a 30 per cent stake in the shareholding of Cementos Interoceanicos as a result of the agreement. |
Chilean cement market expands 4% in January17 March 2021, Published under Cement NewsChile’s cement demand increased 4.4 per cent to 346,463t in January 2021 when compared with January 2020, when demand reached 331,783t, according to CChC, the Chilean construction chamber. However, when compared with December 2020, consumption fell by 5.1 per cent from 364,925t. |
Peru’s cement dispatches advance 14% in February16 March 2021, Published under Cement NewsCement dispatches in Peru increased 14 per cent YoY to 1.039Mt in February 2021 from 0.91Mt in February 2020, marking the sixth-consecutive monthly rise, according to the country’s cement producers’ association, Asocem. Domestic cement output of Asocem members advanced 17 per cent YoY from 0.849Mt to 0.993Mt in February 2021 while clinker output edged up three per cent from 0.784Mt to 0.807Mt in the same period. Production from Peruvian cement plants was supplemented by 70,000t of cement... |
Loma Negra reports 21% rise in revenue for 4Q2011 March 2021, Published under Cement NewsArgentina's Loma Negra has announced a 20.6 per cent YoY rise in net revenue to ARS13.26bn (US$160m) for the 4Q20, compared to ARS11bn in the year-ago period. Consolidated adjusted EBITDA surged 40.8 per cent to ARS4.73bn from ARS3.36bn in the 4Q19, while net profit was up 93 per cent to ARS2.96bn. "We finished the year in a very good way, when considering the unprecedented scenario that was presented since the beginning of the year. At that point in time, the fragile macroeconomic environ... |
February sees 14% pick-up in Brazilian cement sales10 March 2021, Published under Cement NewsCement sales in Brazil increased 14 per cent YoY to 4.7Mt in February 2021, according to the country’s cement association, SNIC. Key drivers of the market expansion were the maintenance of real estate works and self-construction as well as favourable weather. Cement sales per working day increased 5.4 per cent MoM and 16.4 per cent YoY to 234,100t. Exports were up from 11,000t in February 2020 to 29,000t in February 2021. As a result, the domestic cement market expanded by 11.8 per cent Yo... |
Bolivia’s cement market contracts 4% in December10 March 2021, Published under Cement NewsBolivian cement demand saw a four per cent YoY and a 4.3 per cent MoM drop to 328,064t in December 2020. In December 2019 consumption reached 341,861t while in November 2020 it reached 342,743t, according to Bolivia’s national statistics institute, INE. Domestic cement production declined to 322,876t in December 2020 from 372,217t in December 2019 and from 361,363t in November 2020. |
Argentine demand advances 18% in February09 March 2021, Published under Cement NewsArgentina’s cement market expanded by 18.2 per cent YoY but contracted 9.3 per cent MoM to 686,602t in February 2021, according to the country's cement association, AFCP. The market was supplied by domestic producers with no imports reported. In addition, Argentina’s cement producers exported 8557t of cement, up 2.2 per cent YoY. January-February 2021 In the first two months of 2021 Argentine cement consumption increased 19.2 per cent to 1.707Mt from 1.432Mt in January-February 2020, wi... |
Argos recycles 7m cement bags09 March 2021, Published under Cement NewsSince the start of its Sacos Verdes (Green Bags) initiative in 2013, Colombia’s Argos, has recycled 7m bags. This year alone, 15,910 bags were recycled. The company’s customers have returned more than 1000t of paper, representing the saving of more than 10,000 trees and 80,200m3 of water – sufficient to supply 472,000 people in one day. Due to the initiative, the company has employed more than 16,723 people in solid waste, bag management and cleaning, reports the company. |
Cemento Melón expects to bring online Punta Arenas plant by June08 March 2021, Published under Cement NewsChile-based Cemento Melón expects to see its new US$30m Punta Arenas grinding plant to be commissioned by June 2021, reports La Prensa Austral. The plant is located 8.5km north of Punta Arenas in Chile’s most southern region and has a production capacity of 250,000tpa. If the market requires it, an expansion to double this initial capacity will be considered, according to Iván Marinado, Cemento Melón’s general manager. While the company has been present in the Magellanes region for some ti... |