Cement News tagged under: Peru

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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...

Peruvian cement demand surges 66% in June

16 July 2021, Published under Cement News

Peru’s cement market expanded by 66 per cent YoY to 1.085Mt in June 2021, according to the country’s cement association, Asocem. When compared with June 2019, the increase was 23 per cent from 0.879Mt. Cement production saw a 68 per cent increase to 1.085Mt in June 2021 when compared with 0.655Mt manufactured in June 2020. When compared with June 2019 output advanced 24 per cent from 0.879Mt. External trade Cement exports rose by 144 per cent from 6000t in June 2020 to 16,000t in June ...

Peru’s cement demand sees 228% hike in May

18 June 2021, Published under Cement News

Peruvian cement producers dispatched 1.062Mt of cement in May 2021, representing a 228 per cent increase YoY from a low base due to the COVID-19 pandemic. When compared with May 2019 there was a 14 per cent advance. Asocem members dispatched 0.98Mt of cement in May 2021, up 283 per cent YoY and up by 15 per cent when compared with May 2019. Cement production surged 228 per cent YoY to 1.062Mt in May 2021 from a low base of 0.324Mt in May 2020. Asocem members produced 1.01Mt of cement in Ma...

Cement dispatches from Peru rise to 0.985Mt in April

18 May 2021, Published under Cement News

Cement dispatches from Peru in April surged to 0.985Mt in April 2021 from a low base of 0.011Mt in April 2020 when the country was affected by the COVID-19 pandemic, according to the country’s cement association, Asocem. When compared with April 2019, dispatches were up by 16 per cent. Cement production from domestic cement plants advanced to 0.973Mt in April 2021 from 0.010Mt in April 2020. When compared with April 2019, output rose by 20 per cent. Clinker output reached 0.48Mt, down 40 p...

Peruvian cement market expands 151% in March

16 April 2021, Published under Cement News

Cement dispatches in Peru surged 151 per cent YoY to 1.09Mt in March 2021 from a low base of 0.435Mt in March 2020, when the country faced measures to slow the spread of COVID-19, according to its national cement association, Asocem. Cement production from the cement plants owned by Asocem members went up from 0.419Mt in March 2020 to 1.006Mt in March 2021. Clinker output rose from 0.352Mt to 0.708Mt over the period. Domestic production was supplemented by 133,100t of cement imports, up 31...

Interoceanicos to build cement plant in Puno

18 March 2021, Published under Cement News

Peru-based Cementos Interoceanicos has signed an agreement with Satarem to build a 1Mta cement and two lime plants in Puno, Peru, in the next 18 months. The cement producer expects to enter the area’s cement and lime markets in the next two years. The project represents an investment of US$158m. Satarem aims to have a 30 per cent stake in the shareholding of Cementos Interoceanicos as a result of the agreement.

Peru’s cement dispatches advance 14% in February

16 March 2021, Published under Cement News

Cement dispatches in Peru increased 14 per cent YoY to 1.039Mt in February 2021 from 0.91Mt in February 2020, marking the sixth-consecutive monthly rise, according to the country’s cement producers’ association, Asocem. Domestic cement output of Asocem members advanced 17 per cent YoY from 0.849Mt to 0.993Mt in February 2021 while clinker output edged up three per cent from 0.784Mt to 0.807Mt in the same period. Production from Peruvian cement plants was supplemented by 70,000t of cement...

UNACEM reports improved 4Q but decline in 2020

08 March 2021, Published under Cement News

Peruvian cement producer Unión Andina de Cementos (UNACEM) saw its revenues advance by 16.2 per cent YoY in the 4Q20, driven by a 14.5 per cent increase in dispatches in Peru with improved average prices as well higher cement and ready-mix deliveries in Ecuador. Consolidated operating profit reached PEN202m in the 4Q20, up 10.5 per cent YoY, while consolidated EBITDA increased 6.3 per cent YoY to PEN331.4m, said the company during an earnings call. Full-year 2020 Full-year consolidated re...

Peruvian demand up 18% YoY in January

16 February 2021, Published under Cement News

Cement dispatches in Peru increased 18 per cent YoY to 1.059Mt in January 2021 from 0.895Mt in January 2020, reports Peruvian cement association, Asocem. Its members increased their deliveries by 20 per cent YoY from 0.828Mt to 0.995Mt in the same period. Output from Asocem members advanced 23 per cent YoY to 1.024Mt in January 2021 from 0.906Mt in January 2020. Clinker output was up 27 per cent YoY to 0.906Mt from 0.713Mt. To supplement domestic supply, Peru imported 65,000t of cement i...

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...