Cement News tagged under: paraguay
Loma Negra sees 30% decline in revenue for 2Q2012 August 2020, Published under Cement NewsArgentina’s Loma Negra has announced a 30.1 per cent YoY decline in net revenue to ARS7453m (US$104m) in the second quarter of 2020. Consolidated adjusted EBITDA was also down 24.6 per cent to ARS2077m, while the margin climbed from 25.8 to 27.9 per cent. "Cement demand in Argentina in the second quarter contracted around 32 per cent YoY and around four per cent when compared sequentially with the previous quarter. Taking a closer look on the behaviour of our demand, we observed that the in... |
INC reports record July sales04 August 2020, Published under Cement NewsParaguay-based Industria Nacional de Cemento (INC) has reported a record volume in cement sales at the end of July, reports Agencia de Información Paraguaya. The company sold 1,610,708 bags of cement in July, or an average of 48,500 bags/day. INC President, Ernesto Benítez spoke about the new milestone of 1,610,708 bags sold in a single month. “Not only the best-selling product is pozzolanic, but also masonry and structural cement. Both had a significant rebound," he said. He added the dat... |
Paraguay’s INC ensures cement supply for public works17 June 2020, Published under Cement NewsParaguay’s Industria Nacional de Cemento (INC) is guaranteeing the supply of cement to public works during the COVID-19 health emergency, reports the official news agency, Agencia de Información Paraguaya (AIP). In March and April 2020 it sold 1,392,612 bags of cement, with a daily production of 50,000 bags, or around 2500tpd. At present, the company is on track to supply the market with 0.6Mta. INC head, Ernesto Benítez, told AIP that the company plans to ensure the requirement of public ... |
Paraguay sees unexpected uptick in demand19 May 2020, Published under Cement NewsParaguay-based Industria Nacional del Cemento (INC) saw an unexpected surge in demand between 4-8 May 2020 with average sales of 79,755 bags/day as distribution companies collected a backlog of deliveries and bought extra volumes as they anticipated the easing of lockdown measures. INC had to buy 40,000t of imported clinker recently, according to Esmerk Latin American News. In April 2020 sales plummeted due to the COVID-19 pandemic. |
Loma Negra reports 30% decline in revenue12 May 2020, Published under Cement NewsArgentina’s Loma Negra has reported a 29.6 per cent fall in net revenue to ARS7.77bn (US$122m) in the first quarter of 2020, compared to ARS11bn in the year-ago period. The company’s net profit saw a 44.4 per cent YoY decline to ARS881m from ARS1.58bn. Consolidated adjusted EBITDA was down 17.9 per cent YoY to ARS2.60bn, while the adjusted EBITDA margin increased to 33.5 per cent from 28.7 per cent. "In this unprecedented COVID-19 situation, we are proud of the resilience and ingenuity... |
INC produces record 0.484Mt of clinker in 201925 March 2020, Published under Cement NewsParaguay’s Industria Nacional del Cemento (INC) produced 0.484Mt of clinker in 2019, the highest output reported since the fuel conversion project at the Vallemí plant and is among the top 10 recorded since the start of the state company, said INC President, Ernesto Benítez. Mr Benítez said the company is showing signs of recovery, reaching an average dispatch rate of 12m bags of cement in 2019. He added the company plans to regularise output to 50,000 bags/day. He added that the indus... |
Paraguayan companies import increasing cement volumes27 December 2019, Published under Cement NewsSeveral companies in Paraguay have increased the volume of cement imports from 1000tpm to 6000tpd due to the cement supply shortage in the Latin American country, according to ABC Color. Cement imports increased from 25,000t to 45,000t between July and November 2019, said a recent report from the Ministry of Industry and Commerce. However, in October and November companies doubled the volume of their purchases, said the Paraguayan news outlet. For example, Hierropar reportedly is importi... |
Paraguay lifts cement import restrictions20 November 2019, Published under Cement NewsParaguay’s Ministry of Industry and Commerce (MIC) said it is lifting restrictions on cement imports following the shortage of the product due to production issues. The Paraguayan market requires a supply of 100,000 bags of cement per day. At present Industria Nacional del Cemento (INC) is able to dispatch only around 54,000 and in the last few days has only been delivering barely 4000 bags, according to ABC Color. Cement is imported from Brazil, Uruguay, Bolivia and Argentina, according... |
Paraguay cement prices surge as shortage persists15 November 2019, Published under Cement NewsThe price of cement in Paraguay has soared from PYG60,000/bag (US$9.28/bag) to PYG45,000/bag as a cement shortage persists. State-run cement producer Industria Nacional de Cemento (INC) is only producing 12,000 bags/day, according to Esmerk Latin American News. Meanwhile, Cementos Yguazu and imports are narrowing the gap. Cement demand in Paraguay is around 100,000 bags/day. Usually, INC supplies around 50,000 bags/day. |
INC launches new cement11 July 2019, Published under Cement NewsParaguay’s Industria Nacional del Cemento (INC) has launched a new Portland cement, type CP II-C40, produced exclusively for structural work. Due to its high strength it is recommended for structures where the demoulding time is fundamental for the works, rotation of formwork and progress of the schedule. With increased resistance to humidity, the concrete produced with this cement is more workable, which results in easier placement and compaction, thus increasing its durability. As it is... |