According to the Argentine Association of Portland Cement Producers (AFCP), approximately 1.12 million t of cement was dispatched in October 2014, including exports. This is 5.8% higher than in September. Compared to October 2013, cement dispatches were down 3.1%.
Domestic consumption, including imports, grew by 5.3% m/m to reach 1.1 million t. This figure is 3.1% lower than consumption levels October 2013.
Adapted from press release by Louise Fordham
In the first nine months of 2014, Cementos Argos achieved a 16% increase in consolidated income and 9% growth in cement sales volumes.
Grey cement production increased by 11.6% y/y in the first nine months of 2014, while domestic dispatches improved by 11.4% y/y.
On 8 – 11 September 2014, cement producers from Latin America and the Caribbean, industry experts, and technology and service providers from around the world gathered in Santo Domingo for the XXXI Technical Congress FICEM.
CLH’s consolidated net sales improved by 3% y/y in January – September 2014 and operating EBITDA grew by 12% q/q in 3Q14.