In Colombia, in 2023 the annual cement production declined by -2.7% to 14.211 Mta, after 14.811 Mta in 2022 and 13.797 Mta in 2021. The cement capacity utilization slightly from 76.9% in 2022 to 74.8% in 2023.
In the first 3 quarters of 2023, the cement production of Trinidad & Tobago (T&T) declined by -4.0% to 0.536 Mt, after 0.559 Mt same period in 2022. The cement market in T&T and the Dominican Republic are a benchmark…
Votorantim Cimentos announced investment of R5 bn (about US$ 1 bn) in Brazil to expand and modernize its cement capacity by 3.0 Mta and to reduce emissions. The expansions include a new 1.0 Mta cement grinding plant in Salto de…
The Cemex Group, headquartered in Mexico, will be the first cement company to join the CCS+ Initiative, a multi-stakeholder platform developing a comprehensive carbon accounting framework for certifying industrial carbon projects. The CCS+ Initiative brings together more than 55 leading…
In Panama, in the period from January to October 2023, in total only 0.152 Mt of grey cement have been exported, which is a YoY decline by -12.6, when compared to the same period in last year. In October 12550…
In Panama, in the period from January to October 2023, the cement production increased by +2.7% to 1.203 Mt, after 1.171 Mt in the same period last year. However, in October the production declined by -6.9% YoY to 0.114 Mt.
In Mexico, in the period from January to November 2023, the cement production increased by +1.7% to 38.012 Mt, after 37.371 Mt in the same period last year. In November the cement production increased by +1.0% YoY to 3.415 Mt.
In Peru in 2023, due to large overcapacities in the cement production, the cement imports further declined to 0.211 Mta (-21,9% YoY). However, the country has not been able to increase cement exports. On the contrary the exports declined by…
In 2023, Peru’s cement production declined by -13.6% to 11.494 Mta, after 13.196 Mta in 2022 and 12.855 Mta in 2021. The cement capacity utilization declined in 2023 to 61.6% from 79.0% last year.
Votorantim Cimentos and Atlas Renewable Energy signed a power purchase agreement for the Luiz Carlos Solar Park, located in the municipality of Paracatu, Minas Gerais. The solar park will have an installed capacity of 787 MWp, of which almost two-thirds…