Chile’s cement dispatch declined -3.5% in 1.Q 2024
In the first quarter of 2024, Chile’s cement dispatch declined by -3.5% to 1.413 Mt, after 1.464 Mt in the same period in last year and 1.599 Mt in the year before.
Tag Latin America
Cemex Mexico developed AI-powered sales assistant
Cemex Mexico collaborated with Microsoft in the development of a generative AI-powered sales assistant. According to Cemex, this the first Artificial Intelligence (AI)-tool of its kind in the building materials industry assisting the interaction of the salesforce with clients by…
Puerto Rico’s cement dispatch -10.5% in 4M 2024
In the first 4 months of 2024, Puerto Rico’s cement dispatch declined by -11.5% to 0.115 Mt, after 0.130 Mt in the same period last year and 0.109 Mt the year before.
Brazil’s Cimento Nacional to be owned by Buzzi Group
Italy-based Buzzi Group will increase its stake in Brazil’s Cimento National (NCPAR) from 50 to 100%, buying 50% shares from Grupo Ricardo Brennand (BCPAR). Cimento Nacional operates five cement plants (photo: Fábrica Matozinhos in MG) and two grinding units, with…
Mexico’s cement production +4.2% in 1.Q 2024
In the first quarter of 2024, Mexico’s cement production (by the integrated plants) increased +4.2% to 10.520 Mt, after 10.100 Mt in 1.Q in 2023. Accordingly, the increase from the year 2023 continues.
Argentina’s cement dispatch massively declined 2024
In the first 4 months of 2024, Argentina’s cement dispatch declined by -31.2% to 2.767 Mt, after 4.020 Mt in the same period last year. This comes after a +1.9% increase the year before.
Brazil’s accumulated cement dispatch +0.2% in 4M 2024
In the first 4 months of 2024, Brazil dispatched 19.413 Mt of cement, which is almost the same as in he same period last year. However, in April the dispatch increased by +12.1% YoY to 5.148 Mt, after 4.594 Mt…
El Salvador’s cement production -2.5% by Feb. 2024
In the first 2 months of 2024, El Salvador’s cement consumption declined by -2.5% to 0.299 Mt, after 0.306 Mt in the same period last year. In February an increase by +2.7% YoY, followed the -7.6% YoY decline in January.
Brazil’s CSN enters into agreement with InterCement
Brazil’s Companhia Siderúrgica Nacional (CSN) has entered into an exclusive agreement to negotiate the acquisition of InterCement’s operations in Argentina and Brazil (photo: Apiai plant in SP; we reported here 27.2.2024). The exclusive talks will run until July 12th, while CSN…
Colombia’s cement exports +25.9% in 1.Q 2024
In the first quarter of 2024, Colombia’s cement exports increased by +25.9% to 0.339 Mt, after 0.270 Mt in the same period last year. In March the cement exports even increased with 3-digit growth rates.