Cement News tagged under: South America
Gas supply for Ecebol Potosí plant ready for transport to site14 June 2023, Published under Cement NewsThe Phase II expansion of the Sucre-Potosí Gas Pipeline in Bolivia has been completed and will result in an increase of gas transportation capacity by up to 13.6mft 3 /d, which represents an increase of 32 per cent. This will enable a sufficient supply of gas to the new 1.36Mta cement plant of Empresa Pública Productiva Cementos de Bolivia (Ecebol) in Chiutara, Potosí. “This project has an investment of US$5.8m and will contribute to the national cement production, in this way it will supp... |
Brazilian cement market expands 1% in May13 June 2023, Published under Cement NewsCement sales in Brazil (excluding imports) increased by 1.2 per cent to 5.56Mt in May 2023, when compared with 5.494Mt in May 2022, according to the Brazilian cement association, SNIC. The northern market saw the biggest increase, by 8.3 per cent YoY, to 234,000t, followed by the south, where the uptick was 3.9 per cent YoY to 975,000t. The country’s largest sales region, the southeast reported a 3.9 per cent expansion of its sales to 2,647,000t. However, in the northeast, sales were down 1... |
Cement demand in Argentina slips in May13 June 2023, Published under Cement NewsThe Argentine cement market contracted 1.5 per cent YoY to 1,072,110t in May 2023, according to the country’s cement association, AFCP. In May 2022 domestic consumption reached 1,088,000t. However, MoM demand was up 4.2 per cent from 1,028,598t in April 2023. Market demand was entirely supplied by domestic production, which contracted two per cent YoY from 1,098,484t to 1,076,287t in May 2023. MoM, output from Argentina’s cement plants increased 3.9 per cent from 1,035,525t in April 2023. ... |
Colombian grey cement market contracts 9% in April07 June 2023, Published under Cement NewsGrey cement dispatches in Colombia declined 9.3 per cent YoY to 0.987Mt in April 2023 from 1.089Mt in April 2022, according to the country’s statistics agency, DANE. Bulk cement sales were down 5.6 per cent YoY while bagged sales saw an 11.1 per cent drop. Construction companies and contractors represented the largest contraction, by 19.9 per cent YoY, followed by the retail sector, where sales were down 9.1 per cent. Ready-mix concrete companies reduced their off take by 2.4 per cent YoY. ... |
Peru's cement market contracts 17% YoY in April24 May 2023, Published under Cement NewsCement dispatches in Peru fell by 17 per cent YoY to 0.883Mt in April 2023, according to the Peruvian cement association, Asocem. Of this total, 0.851Mt was delivered by Asocem members. Cement production declined 11 per cent YoY to 0.913Mt in April 2023. Clinker production fell 19 per cent YoY to 0.631Mt in April 2023. Cement exports decreased by six per cent YoY to 0.014Mt while clinker exports saw a three per cent uptick to 0.036Mt. Cement imports dropped 86 per cent YoY to 5300t with... |
CEMEX acquires mortar plant in Spain24 May 2023, Published under Cement NewsCEMEX has acquired a mortar plant near Madrid, Spain, as part of its ongoing strategy to increase EBITDA through bolt-on acquisitions. The new plant is equipped with the latest technology to enable the production of traditional and specialty mortars with enhanced sustainability attributes. CEMEX’s nearby Castillejo cement plant will supply lower-carbon Vertua cement for mortar production. The mortar plant is located only 35km from Madrid, contributing to reducing overall Scope 3 emis... |
Cement sales in Chile fall 10% in March18 May 2023, Published under Cement NewsChile’s cement market contracted by 10.3 per cent YoY to 328,003t in March 2023 from 365,8926t in March 2022, according to the country’s construction chamber, CChC. In the January-March 2023 period sales were down 10.3 per cent to 926,061t from 1,032,001t in the first quarter of 2022. |
Brazilian market sees 11% contraction in April17 May 2023, Published under Cement NewsCement sales in Brazil declined 11.4 per cent YoY to 4.577Mt in April 2023 from 5.164Mt, according to the Brazilian cement association, SNIC. The association attributed the market contraction to rising unemployment, a slow recovery of wages and high interest rates (currently at 13.75 per cent), which all led to a drop in building material sales and a fall in real estate launches and financing. “The results point to a worrying performance of the cement industry in view of the discussions on... |
Empresa Colombiana de Cementos appoints new MD16 May 2023, Published under Cement NewsEmpresa Colombiana de Cementos and its Alión brand have named Martha Patricia Quintero Valderrama as the company’s new managing director. She succeeds Juan Martínez Gilsanz, who will be leading the global business of aluminate cement for the Spanish cement producer. Ms Quintero Valderrama has more than 25 years of experience in the building materials industry and has been Alión’s commercial director for the last five years. In her career she has worked for Holcim and Cementos Polpaico. ... |
Votorantim Cimentos revenue jumps 18% in 1Q2312 May 2023, Published under Cement NewsVotorantim Cimentos has reported global revenue of BRL5.8bn (US$1.17bn) in the first quarter of 2023, up 18 per cent YoY. Adjusted EBITDA over the same period advanced by 85 per cent to BRL779m, with a positive impact on the EBITDA margin, which stood at 13 per cent in the 1Q23, marking an increase of four percentage points on the 1Q22. The company ended the 1Q23 with a net profit of BRL78m, reversing the BRL317m loss seen in the first quarter of 2022. Cement sales in the first three month... |