Cement News tagged under: Peru

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Peru’s cement demand sees 5% growth in May

17 June 2022, Published under Cement News

Peruvian cement dispatches saw a five per cent uptick in May 2022 to 1.117Mt from 1.066Mt in May 2021, according to the national cement association, Asocem. Cement output from Asocem member companies reached 1.079Mt in May, up seven per cent YoY from 1.010Mt. Clinker production advanced nine per cent YoY to 0.867Mt in May 2022 from 0.795Mt in May 2021. Cement exports surged 75 per cent YoY to 18,000t from 10,000t in May 2021, but clinker exports were 49 per cent down YoY to 35,000t from ...

Peruvian cement sales expected to show lower growth in 2022

31 May 2022, Published under Cement News

While 2021 was a positive year for Peru’s cement industry as in increase in demand. "Before the pandemic, there was a notable growth in the construction category (cement, building materials and paints). However, with the arrival of the health crisis, drops of up to 50 per cent were recorded as early as April [2020]. The momentum returned months later, in September, due to the development of the sector and the improvement of homes," said Guadalupe Rosazza, business consultant for the constr...

Peru sees 10% hike in consumption in April

19 May 2022, Published under Cement News

Cement dispatches in Peru increased 10 per cent YoY to 1.086Mt in April 2022 from 0.984Mt in the equivalent period of 2021, according to cement association, Asocem. Domestic cement production by Asocem members in April 2022 edged up by five per cent to 1.023Mt when compared with 0.973Mt in April 2021. Clinker production increased 63 per cent to 0.783Mt in April 2022 from 0.48Mt in the previous year. Cement exports advanced nine per cent YoY to 14,000t in April 2022, but clinker exports f...

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...

Peruvian cement market expands 8% in March

20 April 2022, Published under Cement News

Cement dispatches in Peru increased eight per cent YoY to 1.173Mt in March 2022, according to the country’s cement association, Asocem. In March 2021 dispatches were at a level of 1.089Mt. Domestic cement production by Asocem members advanced 11 per cent YoY to 1.121Mt in March 2022 when compared to 1.006Mt in March 2021. Clinker production increased by a third to 939,000t from 708,000t over the same period. The country’s cement output was supplemented by 50,000t of cement imports in Mar...

Peruvian cement market expands 5% in February

22 March 2022, Published under Cement News

Cement dispatches in Peru reached 1.088Mt in February 2022, up five per cent when compared with February 2021, according to the Peruvian cement association, Asocem. The total includes shipments by Asocem members (1.018Mt) and non-affiliated cement producers, which accounted for around 70,000t. Output from Asocem-affiliated cement plants reached 1.037Mt, representing a four per cent advance when compared with February 2021. However, clinker production was down 12 per cent YoY to 0.71Mt. C...

Peru looks at 25kg cement bags

23 February 2022, Published under Cement News

Peru’s Ministry of Labour and Employment Promotion has started a series of technical meetings with construction unions and companies to lower the weight of cement bags in the country from 42.5kg to 25kg. The move is designed to help prevent lower back injuries as a result of carrying the heavier weight bag. The 42.5kg bags date back from the time when the country was a net importer of cement, which arrived in oak cylinders of about 170kg. These were divided into four units of 42.5kg for sa...

Peru’s cement market expands in January 2022

18 February 2022, Published under Cement News

Cement dispatches to the Peruvian cement market by Asocem members reached 1.012Mt, up two per cent YoY and by 22 per cent when compared with January 2020, according to Peru’s cement association, Asocem. When an estimate of non-members is included 1.095Mt of cement was dispatched, up from 1.083Mt in January 2021. In January 2022 Asocem members produced 1.07Mt of cement, an increase of five per cent YoY and up 29 per cent when compared with January 2020. Clinker output declined by 19 per cen...

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 market grows 5% in December

18 January 2022, Published under Cement News

Peru’s cement market expanded by 4.7 per cent YoY in December 2021 to 1.275Mt when compared with the previous year’s December month, when consumption reached 1.218Mt, according to the country’s cement association Asocem. Cement production by Asocem members edged up four per cent from 1.077Mt in December 2020 to 1.122Mt in December 2021. They increased their dispatches by a similar figure to 1.093Mt in December 2021 from 1.052Mt. Dispatches from all Peruvian cement producers were also up fo...