Cement News tagged under: Peru

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Peruvian cement consumption plummets in April

19 May 2020, Published under Cement News

Peru’s cement market sharply contracted to 5700t in April 2020, down from 883,000t in April 2019 and from 488,000t in March 2020, according to Asocem, the country’s cement association. Cement production fell 98.7 per cent YoY to 10,000t in April 2020 from 811,000t in April 2019 and 97.5 per cent MoM from 419,000t in March 2020. There was no clinker output from Peru’s cement producer in April 2020. In April 2019 clinker production stood at 796,000t while in the previous month 352,000t of ...

Cementos Pacasmayo reports 4% fall in revenue

01 May 2020, Published under Cement News

Peru’s Cementos Pacasmayo has seen a 4.4 per cent YoY fall in revenue to PEN299.3m (US$88.88m) in the first quarter of 2020, against PEN313.2m in the 1Q19. Net income dropped 64.5 per cent YoY to PEN10.7m from PEN30.1m. Consolidated EBITDA also decreased 22.8 per cent YoY to PEN72.3m, compared to PEN93.6m in the corresponding period of last year. Total cement production volumes across the company’s three plants decreased 6.9 per cent YoY to 555,700t in the first three months of the 202...

Peru's Asocem reports 47% drop in domestic demand in March

23 April 2020, Published under Cement News

Peru's cement market contracted by 46.8 per cent YoY to 0.488Mt in March 2020, according to the Peruvian cement association, Asocem. Of this total national dispatches accounted for 0.481Mt. In March 2019 domestic cement consumption reached 0.918Mt. Cement production in Peru in March 2020 fell 51.1 per cent to 0.419Mt when compared with March 2019 and 50.7 per cent when compared with February 2020. Clinker output was down by 50.1 per cent YoY and 55.1 per cent MoM to 0.352Mt in March 2020. ...

Peru's cement producers see impact of COVID-19 crisis

21 April 2020, Published under Cement News

The energy demand of Peruvian cement mills has reportedly fallen more than 90 per cent in recent weeks due to lower utilisation rates as a result of the COVID-19 pandemic. "They have temporarily suspended their operations and that of their subsidiaries. Plants are running to a minimum, just a few furnace maintenance issues," said Flor Felices, analyst at Intéligo SAB. The impact of the coronavirus on the construction industry has reduced cement demand. As a result, Unacem has projected...

Cemento Sur licence temporarily suspended

09 April 2020, Published under Cement News

Cemento Sur has had its operating licence temporarily suspended by the mayor of the District Municipality of Caracoto in Puno, Peru, because it was operational during the country’s state of emergency, according to Onda Azul.  “We have closed the door of the Cemento Sur company, he said, while specifying that the Ministry of Production issue an authorisation to the company so it can circulate regularly. “To avoid the operation of the company we have blocked its accesses,” said the authority...

Peruvian cement market expands 5% in February

26 March 2020, Published under Cement News

National cement demand in Peru advanced 5.3 per cent in February 2020 to 0.935Mt when compared with February 2019, according to the country’s cement association, Asocem. In the first two months of the year, 11.78Mt of cement was consumed, up 4.8 per cent YoY. Cement production increased 5.9 per cent YoY and 2.3 per cent MoM to 0.849Mt in February 2020 while clinker production saw YoY and MoM increases of 35.8 and 9.9 per cent, respectively to 0.784Mt in the second month of this year. Cem...

Peruvian cement consumption increases 2% in January 2020

27 February 2020, Published under Cement News

Peru’s cement market expanded 2.1 per cent YoY to 946,000t in January 2020 from 927,000 in the year-ago period, according to the country’s cement association, Asocem. In the prior 12 months (including January 2020) consumption rose by 4.7 per cent YoY to 11.728Mt. In January 2020 domestic cement production increased three per cent YoY but fell 9.4 per cent MoM to 830,000t while in terms of clinker production, volumes were up 12.3 per cent YoY and slipped 10 per cent MoM to 713,000t. Ceme...

Cementos Pacasmayo sees 8% uptick in 4Q sales

13 February 2020, Published under Cement News

Peru-based Cementos Pacasmayo reported a 7.7 per cent rise in sales volumes of cement, concrete and precast in the 4Q19 due to higher sales to the public sector, El Niño reconstruction, some medium-size private projects as well as self-construction. The higher sales volumes resulted in a 9.8 per cent increase in revenues. Revenues increased 9.8 per cent mainly due to the increase in sales volumes.  The company also posted a net income of PEN29.5m. The 52.1 per cent advance in net income i...

Peruvian demand up 2% in December

16 January 2020, Published under Cement News

Peru’s cement market expanded by 1.6 per cent to 996,000t in December 2019, according to the country’s cement association, Asocem. Cement production increased 1.2 per cent YoY but slipped 1.4 per cent MoM to 916,000t while clinker production fell by 13.3 per cent YoY and 6.3 per cent MoM to 792,000t in December 2019. Total dispatches, which include exports, increased 2.5 per cent to 895,000t when compared with December 2018 but declined 4.4 per cent MoM. In terms of exports, cement volum...

Peru’s cement demand up 2% in November

19 December 2019, Published under Cement News

The Peruvian cement market expanded 2.1 per cent YoY in November 2019 with total sales of 1.048Mt (November 2019: 1.026Mt), according to Peru’s cement association, Asocem. Cement production increased three per cent YoY but fell 5.1 per cent MoM to 928,000t in November 2019 while at 845,000t clinker output decreased by 1.1 and 4.1 per cent when compared with November 2018 and October 2018, respectively. Domestic output was supplemented by 66,000t of cement, representing a YoY fall of 35.7...