Cement News tagged under: Peru

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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...

Peru cement market expands 12% YoY in December

18 January 2021, Published under Cement News

Domestic dispatches in Peru increased 12 per cent YoY from 0.979Mt in December 2019 to 1.098Mt in December 2020, according to the country’s cement association, Asocem. Cement production advanced 18 per cent YoY in December 2020 as Asocem members produced 1.077Mt of cement. Output in December 2019 was 0.916Mt. Cement exports in December 2020 fell 36 per cent YoY to 12,000t from 19,000t in December 2019, but clinker exports surged from 33,000t in December 2019 to 105,000t in December 2020....

Peru cement prices among lowest in Latin America

05 January 2021, Published under Cement News

Capeco, the Peruvian construction chamber, reported that the average retail price for grey cement in Peru is around US$6.22 per 42.5kg bag – one of the lowest in Latin America. The highest price is paid in Argentina, where a bag of cement costs on average US$12.34, followed by Nicaragua, Uruguay, Guatemala and Paraguay, where a bag of cement costs around US$10. In Brazil, prices are the lowest at US$5.03/bag, according Capeco. In Chile a bag of cement retails at US$7.65 while in Colombia a...

Unacem buys Cementos La Unión in Chile for US$23m

18 December 2020, Published under Cement News

Peru-based Unión Andina de Cementos (Unacem) has signed a contract with Cementos La Unión and Aridos Jativa, and the Chile’s Inversiones Mel 20 Ltda for the purchase of the full stake of shares of Cementos La Unión in Chile and 100 per cent of the social rights of Inversiones Mel 20. The contract was signed on December 11 and is subject to compliance with conditions such as approval by the Chilean National Economic Prosecutor's Office. Subject to approval, Unacem will own the 0.3Mta San An...

Peru’s cement market expands 16% in November

17 December 2020, Published under Cement News

Cement dispatches in Peru rose 15.6 per cent YoY in November 2020 to 1.188Mt from 1.028Mt in November 2019, according to the country’s cement association, Asocem. Of the total, 1.092Mt were supplied by Asocem members. Cement production in Peru slipped 1.6 per cent MoM but rose 22.1 per cent YoY to 1.129Mt in November 2020 while clinker output rose 2.1 per cent MoM and 21.4 per cent YoY to 0.664Mt. Domestic supply was supplemented by 108,200t of cement imports and 170,100t of clinker impo...