Cement News tagged under: Cementos Pacasmayo

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Cementos Pacasmayo shows improved 2Q and 1H results

26 July 2022, Published under Cement News

Peru-based Cementos Pacasmayo SAA announced its consolidated results for the second quarter of 2022 and the six months ended 30 June 2022. 2Q22 In the second quarter of 2022 revenues increased 14.1 per cent YoY on the back of an increase in average prices of bagged cement. Sales volumes of cement, concrete and precast declined 1.9 per cent when compared with the peak levels in the 2Q21. Consolidated EBITDA advanced 33.9 per cent YoY to PEN120.5m thanks mainly to higher operating profit....

Cementos Pacasmayo posts 44% rise in 1Q net income

28 April 2022, Published under Cement News

Peru-based Cementos Pacasmayo reported a 13 per cent YoY increase in revenues to PEN525.4m (US$137.3m) in the 1Q22, primarily due to the rise in average prices of bagged cement as sales volumes of cement, concrete and precast fell by 5.3 per cent from 933Mt in the 1Q21 to 883.8Mt in the 1Q22. Although the company was impacted by a temporary decrease in sales to reconstruction-related projects and self-construction, the market has seen a pick-up in March. Consolidated EBITDA advanced 21.3...

Cementos Pacasmayo sees 40% rise in sales volumes in 2021

15 February 2022, Published under Cement News

Sales volumes of cement, concrete and prefabricated products of Peru-based Cementos Pacasmayo fell 6.2 per cent  in the 4Q21 when compared with the 4Q20. Income was up 10.4 per cent as cement and concrete prices increased in line with inflation and by a change in the sales mix, favouring cement and concrete at better prices. Consolidated EBITDA increased 10.5 per cent to PEN141.5m YoY, but the EBITDA margin remained stable at 27 per cent when compared with the 4Q20. Net profit advanced 8.6...

Peruvian cement industry gears up for low-carbon times

17 December 2021, Published under Cement News

This 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...

FLSmidth to provide new pyro line for Cementos Pacasmayo

15 December 2021, Published under Cement News

FLSmidth will deliver a full pyroprocessing line, including a series of sustainable flagship solutions such as the FLSmidth Cross-Bar ®  cooler, Low NO x Calciner and JETFLEX ® burner, to Cementos Pacasmayo in Peru.   The new pyro line at the site in Pacasmayo, north of Lima, will increase clinker production capacity by ~600,000tpa. Replacing current equipment, the project reinforces Pacasmayo’s environmental sustainability strategy. Apart from the main pyro line, the order from FLSmidth...

Cementos Pacasmayo sees 25% increase in 3Q revenues

01 November 2021, Published under Cement News

Peru-based Cementos Pacasmayo has reported a 24.5 per cent YoY increase in revenues to PEN507.2m (US$127m) in the 3Q21, on the back of higher sales volumes of cement, concrete and precast, and an increase in cement and concrete prices, in line with cost inflation. The total sales volume of cement, concrete and precast saw a 14.4 per cent YoY uptick to 937,700t with bagged cement as the largest driver for growth. However, consolidated EBITDA slipped 2.7 per cent YoY to PEN117.3m, mainly du...

Cementos Pacasmayo posts 286% rise in revenue

20 July 2021, Published under Cement News

Peru's Cementos Pacasmayo has seen its revenue increase 285.7 per cent YoY to PEN440.9m (US$111.64m) in the second quarter of 2021, compared to PEN114.3m in the year-ago period. Consolidated EBITDA also surged to PEN90m from a PEN5.7m loss in the 2Q20. Sales volumes of cement, concrete and precast increased 257.2 per cent YoY to 847,700t, mainly due to the continued increase in sales of bagged cement and to the halt in commercialisation during the 2Q20. If compared to volumese in the 2Q19...

Cementos Pacasmayo sees 27% revenue increase in 4Q20

16 February 2021, Published under Cement News

Peru’s Cementos Pacasmayo has announced a 27.1 per cent rise in revenue to PEN475.3m (US$130.4m) in the 4Q20, compared with PEN374m in the final quarter of 2019. Consolidated EBITDA advanced 27 per cent YoY to PEN128.1m from PEN100.9m in the 4Q19. The company’s sales volume of cement, concrete and precast also increased 37.2 per cent YoY during the quarter, reaching historical record levels once again, mainly due to the continued increase in sales of bagged cement. In the full-year 202...

Cementos Pacasmayo sees EBITDA rise 8% in 3Q

03 November 2020, Published under Cement News

Peru's Cementos Pacasmayo saw its sales volume of cement, concrete and precast rise 14.2 per cent YoY to 819,700t in the third quarter of 2020, reaching historical record levels, mainly due to a sharp recovery in sales of cement. The company’s consolidated EBITDA also advanced 8.2 per cent to PEN120.6m (US$33.36m) from PEN111.5m in the 3Q19. Overall revenue increased 6.3 per cent YoY to PEN407.4m from PEN383.4m. However, in the first nine months of 2020, the sales volume of cement, concret...

Cementos Pacasmayo begins terminal operations

25 August 2020, Published under Cement News

Peru’s Cementos Pacasmayo has resumed operations from the port terminal of Yurimaguas, Loreto, distributing 60,000 bags of cement to Iquitos. The company operates in the port through its subsidiary, Cementos Selva, which has a 4.9Mta plant in Rioja. The operations were launched in mid-August with the arrival of several vessels, which will set sail for Iquitos while complying with all COVID-19 safety protocols.