Cement News tagged under: Cementos Yura
Yura achieves 3Mt sales milestone03 January 2023, Published under Cement NewsPeru-based Cemento Yura SA has reached the 3Mt sales mark for the first time in its 56-year history, reports Asocem, the country’s cement association. The company attributes its success to its staff and customers as well as strategic partners such as Rationalización Empresarial Raciemsa, Concretos Supermix and Cal y Cement Sur – all part of Yura’s parent company, Grupo Gloria . “At Yura we are very proud to dispatch 3Mt because those three million tons have turned into many millions of d... |
Cementos Yura sees advance in 2Q domestic and export sales23 August 2022, Published under Cement NewsCementos Yura, Peru, increased domestic cement dispatches by 12 per cent YoY in the 2Q22. In addition, export sales advanced by 22 per cent YoY in the 2Q22 on the back of higher exports to Chile. The company increased its clinker production in the 2Q22 by 35.8 per cent when compared to the year-ago period as cement demand increased and its inventory recovered. |
Peruvian cement industry gears up for low-carbon times17 December 2021, Published under Cement NewsThis week, FLSmidth announced that it would be supplying a new pyroprocessing line to Cementos Pacasmayo in Peru. When completed, the project will turn Cementos Pacasmayo into the country's largest cement producer in terms of capacity. As a low-emissions solution, the project is part of a trend among cement producers to increasingly invest in more efficient capacity additions that support the industry's decarbonisation drive. Despite a 75.5 per cent rise in cement capacity from 11Mta in 2010... |
Cementos Yura appoints new general manager25 October 2021, Published under Cement NewsPeru-based Cementos Yura has selected Fernando Rojas as its new general manager, replacing Julio Caceres, who was appointed on an interim basis. Mr Rojas has more than 27 years of experience in the cement industry internationally, having developed his professional career in Cemex, where he served as director of operations (Costa Rica and Puerto Rico) and lead the regional direction of Optimisation and Sustainability for Central America and the Caribbean. Julio Cáceres has been appointe... |
Yura records 43% decline in 2Q19 profit08 August 2019, Published under Cement NewsPeru’s Cementos Yura (Gloria Group) has reported a 43 per cent YoY fall in profit to PEN56.5m (US$16.67m) for the second quarter of 2019. Cement sales were down 0.3 per cent to PEN231.3m in the 2Q19, while dispatches to external markets fell 22 per cent. Production between April-June reached 602,031t, decreasing five per cent compared to the year-ago period. In particular, clinker production fell 18 per cent to 331,707t due to a scheduled maintenance halt. However, results are expected ... |
Yura sees 7% fall in profit for the 1Q1916 May 2019, Published under Cement NewsPeru’s Yura has posted a 7.1 per cent YoY drop in profits to PEN37.6m (US$11.3m) for the first quarter of 2019, with the decrease attributed to lower sales and greater sales costs. Overall sales fell by 3.4 per cent to reach PEN222.6m. Domestic sales fell by 2.8 per cent due to lower public investment, while exports declined 41 per cent on the back of the launch of Yura production in Bolivia and lower demand in Chile. Meanwhile, the cost of sales increased 6.4 per cent to PEN125.7m due... |
Cementos Yura sees 30% 3Q net profit fall07 November 2018, Published under Cement NewsPeru-based Cementos Yura saw its net profit fall by 30 per cent YoY to PEN52m (US$15.4m) in the third quarter of 2018. The company has attributed the slide to a lower gross profit as the cost of sales increased 14 per cent YoY to PEN146m due to higher clinker production costs. Sales increased to PEN261m with domestic shipments up four per cent due to higher demand for the Yura and Frontera brands. Exports contracted by 35 per cent YoY in the third quarter. The loss in exports was due to th... |
Peru: Cementos Yura Q4 profit falls by 20%22 February 2017, Published under Cement NewsCementos Yura has announced that its profits for4Q16 were down by 20.1 per cent YoY to PEN40.2m (US$12.4m), reports Business News Americas. The firm saw sales revenues fall by 3.3 per cent, while administrative costs more than doubled as the firm paid a PEN25.7m penalty for cancelling a contract with a supplier. Cementos Yura was also negatively affected by foreign exchange fluctuations. While local sales were little changed YoY at 0.61Mt, exports fell by 14.8 per cent to below 0.1Mt. ... |
Peruvian cement companies plan investments in 201605 January 2016, Published under Cement NewsCement companies operating in Peru aim to continue with large investments in 2016 despite the recent announcement by the country's cement association, Asocem, of low growth in cement consumption during 2015. Asocem recorded that the domestic industry saw cement consumption advance by just three per cent last year, however, this is not deterring cement producers to bring new investment into its plants. Cementos Pacasmayo is set to begin its Fosfatos del Pacifico project costing some US$8... |
Ecuador: Peru’s Cementos Yura buys stake in Unión Cementera Nacional26 January 2015, Published under Cement NewsCementos Yura, part of Peru’s Grupo Gloria, has acquired a 63.5 per cent share in state-owned Unión Cementera Nacional of Ecuador, which will hold the balance of shares. The $230m investment will be disbursed to the Ecuadorian cement producers via a trust over the next 40 months, during which the construction will take place of a new 2400tpd clinker production line in Riobamba. "We will participate in this company with this contribution and are very optimistic that this will benefit t... |