Tag Latin America

In 2023 Peru’s cement trade further declined

Peru Cem Trade 2023

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…

Brazil’s Votorantim Cimentos invests in solar power

AtlasRenable 1

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…

Colombia’s cement production further declined

Colombia Pro 11m 2023

In Colombia, in the period from January to November 2023, the accumulated cement production declined by -5.0% YoY to 11.957 Mt. In November the cement production declined by -6.8% to 1.112 Mt, after 1.194 Mt in November last year.