Argentina: InterCement subsidiary Loma Negra’s nine-month net sales for the period ending 30 September 2020 were US$321m, down by 23% year-on-year from US$416m. Its net profit doubled to US$95.3m from US$44.9m.

Chief executive officer (CEO) Sergio Faifman said, “We feel very satisfied with the robust position with which we concluded the third quarter of 2020. We have improved our operational results with margins expansion on the back of a continuing sales volume improvement coupled with effective cost and price management.

Faifman continued, “additionally, we seamlessly executed the sale of our Paraguayan operation, an excellent deal in terms of value generation and timing. We optimised the proceeds from the transaction, creating value for our shareholders and, at the time, strengthening our already robust financial situation.” He added, “In the quarter, cement demand in Argentina continues to operate at two speeds. On one side, our bagged cement segment has taken a strong recovery path of 18% year-on-year business growth, mostly due to household and retail demand. By contrast, the bulk cement segment, as well as concrete and aggregates, are still affected by the very low levels of larger private and public works, the execution of which is still hampered by the coronavirus lockdown and its effects.”

The company said that its L’Amali cement plant upgrade – a “key element of our long-term strategy” – is on track, but that uncertainties around the impacts of the coronavirus outbreak meant that the new line would not necessarily be commissioned when scheduled in early 2021.

Italy: Buzzi Unicem’s net sales fell slightly to Euro2.41bn in the first nine months of 2020 from Euro2.42bn in the same period in 2019. Its cement sales volumes declined by 1.8% to 21.7Mt from 22.1Mt. The group said that sales volumes recovered during the third quarter of 2020 due to a rebound of demand in Italy, stability in Germany and a ‘trend reversal’ in Russia. Net sales also increased in the US during the third quarter.

US: Bruks Siwertell is targeting its port-mobile unloader at the cement, alumina, and soya meal sectors after initially launching it to serve grain handling. It says the product has shown numerous advantages for use in cement handling and due to its enclosed design the unloader offers “no spillage and close-to-zero dust emissions.” It is available in 400t/hr or 600t/hr models and comes with a +/-30° articulating conveyor arm.

Director of mobile unloaders Jörgen Ojeda said, “For operators looking for a port-based system retaining similar flexibility during operation, but needing to discharge much larger vessels at a higher capacity, then our new port-mobile unloaders are a fantastic, extremely cost-effective option.” He added that screw-conveyor unloaders have the benefit over pneumatic discharge systems that they produce no fines, thanks to their “steady conveying velocity, with no particle collisions or crushing forces.”

Thailand: SCG’s revenue from its cement-building materials business fell by 6% year-on-year to US$4.33bn in the first nine months of 2020. The group attributed this to poor demand resulting from coronavirus-related lockdowns. However, its earnings before interest, taxation, deprecation and amortisation (EBITDA) for the division rose by 9% to US$590m due to cost savings and lower energy prices. Overall, the group reported a similar picture with sales down but earnings up. National cement sales volumes rose slightly in the third quarter of 2020.

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