Cement News tagged under: Peru

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Cementos Pacasmayo posts 9% increase in revenue in 3Q22

01 November 2022, Published under Cement News

Peru-based Cementos Pacasmayo has announced a 9.1 per cent increase in revenue in the 3Q22, compared to the same period a year earlier. According to the company, the increase is due to higher average prices of bagged cement, as inflationary pressures continue to impact on raw materials and energy costs. Sales volumes of cement, concrete and precast over the 3Q22 fell by 5.9 per cent YoY, mainly due to moderation in sales volumes from the peak levels reached in 2021. When compared to the 2Q...

Peru's cement dispatches decline 1% in September

20 October 2022, Published under Cement News

Cement dispatches in Peru slipped one per cent to 1.229Mt in September 2022 from 1.235Mt in September 2021, according to the country’s cement association, Asocem. Of this total, Asocem members supplied 1.17Mt. Cement production in September 2022 increased four per cent YoY to 1.19Mt from 1.145Mt in September 2021. Clinker production declined eight per cent YoY to 0.831Mt from 0.901Mt over the same period. Cement exports were down 16 per cent YoY to 14,000t from 17,000t in September 2021 w...

Peru’s cement market expands 3% in August

20 September 2022, Published under Cement News

Cement dispatches in Peru edged up by three per cent YoY to 1.227Mt in August 2022 when compared with 1.192Mt dispatched in August 2021, according to the country’s cement association, ASOCEM. Of this total, 1.167Mt was delivered by its members. Cement production saw a two per cent uptick YoY to 1.145Mt in August 2022 from 1.126Mt in August 2021. Clinker output slipped by two per cent to 0.843Mt in August 2022 from 0.86Mt in the year-ago period. Peru’s cement producers exported 15,000t of...

Peru's road to recovery

06 September 2022, Published under Cement News

Peru’s cement market started its path to recovery after the COVID-19 pandemic saw demand plummet in April 2020 and then expand beyond pre-pandemic levels in 2021. For 2022-23 cement producers are quietly confident while preparing to address the challenges ahead. By ASOCEM, Peru. Peru’s cement producers are largely positive as the country’s construction sector emerges from the COVID-19 pandemic The Peruvian economy is recovering from the economic effects of the COVID-19 pandemic....

Peru’s cement market contracts 3% in July

24 August 2022, Published under Cement News

Cement dispatches in Peru slipped by three per cent to 1.089Mt in July 2022 from 1.126Mt in July 2021, according to the country’s cement association, ASOCEM. Of this total, 1.036Mt was dispatched by ASOCEM members. Cement production in domestic ASOCEM-affiliated plants edged up two per cent YoY to 1.081Mt in July 2022 from 1.063Mt. Clinker output from these plants advanced six per cent YoY to 0.949Mt in July 2022 from 0.892Mt. Cement exports reached 16,000t in July, down 10 per cent when...

Cementos Yura sees advance in 2Q domestic and export sales

23 August 2022, Published under Cement News

Cementos 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.

UNACEM sees contracting 2Q profit margin

23 August 2022, Published under Cement News

Peru-based UNACEM reported a consolidated net profit of PEN110.8m (US$26.7m), up 25.8 per cent YoY, as the company’s revenues increased and interest expenses fell. However, the cost of sales was higher than expected, impacting YoY profit margins. UNACEM’s consolidated revenues reached PEN1429.6m, up 19.8 per cent YoY as cement sales volumes increased in Peru (+13.8 per cent) and the USA (+15.7 per cent) while ready-mix sales volumes were up 54 per cent in Chile and by 34 per cent in the USA...

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....

Peru's cement market expands 4% in June

18 July 2022, Published under Cement News

Cement consumption in Peru increased four per cent to 1.126Mt in June 2022 from 1.08Mt in June 2021, according to Asocem, the country’s cement association. Of this total, 1.067Mt was dispatched by Asocem members – representing a slight increase when compared with 1Mt in June 2021. Cement production from Asocem members advanced seven per cent YoY to 1.079Mt in June 2022 from 1.007Mt in June 2021. Clinker output was up nine per cent to 0.9Mt in June 2022 from 0.824Mt in June 2021. Asocem m...

Pisco for Peru

12 July 2022, Published under Cement News

Caliza Cemento INKA is active in the Peruvian cement and concrete sector and has been supplying the country’s central region with cement since 2007. Now the company is looking forward to bringing its Pisco grinding plant online. ICR speaks with Carlos Choy, Caliza Cemento INKA’s CEO. At Cemento INKA’s Caliza plant, the kiln is currently out of action and the plant only operates 0.5Mta of grinding capacity ICR: How did the founding of the company come about in 2002? And what did...