Cement News tagged under: Peru

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Vietnam 10M17 exports rise 23% YoY

16 November 2017, Published under Cement News

Total cement exports from Vietnam rose to 15.12Mt in the first 10 months of 2017, representing a 22.9 per cent YoY increase. The country’s export earnings were up 13.9 per cent when compared with the year-ago period, reaching US$532.4m, according to the Ministry of Industry and Trade. Bangladesh, the Philippines, Taiwan and Peru were among major importers of Vietnamese clinker and cement, taking a 74.8 per cent share of the country’s total cement and clinker exports in the period. Ban...

Pacasmayo reports 6.7% rise in 3Q income

01 November 2017, Published under Cement News

Cementos Pacasmayo increased its deliveries of cement, concrete and blocks by 4.8 per cent YoY in 3Q17 due to a higher level of self-construction activity and the recovery in public spending towards the end of the quarter. The Peru-based cement producer reported a 6.7 per cent YoY advance in income to PEN334.7m (US$103m) as a result of increased sales volumes and higher prices. Consolidated EBITDA increased 38.9 per cent QoQ to PEN107.2m and the EBITDA margin rose from 27.6 per cent in 2Q1...

Peru sees 4% rise in cement demand in September

20 October 2017, Published under Cement News

Cement consumption in Peru advanced 3.8 per cent YoY from 0.82Mt in September 2016 to 0.851Mt one year later, according to data from Asocem, the country's cement association. Total dispatches increased 2.9 per cent YoY to 0.884Mt in September 2017 from 0.86Mt in the year-ago period. This includes a 14 per cent drop in cement exports to 33,000t. However, Peru’s cement producers also exported to 72,800t of clinker. Domestic cement production rose 4.3 per cent in September to 0.884Mt, wh...

Peru's cement demand up 2% in August

20 September 2017, Published under Cement News

Peru’s cement association, Asocem, reported a 2.3 per cent YoY rise in domestic deliveries from 0.838Mt in August 2016 to 0.857Mt in August 2017. Cement imports remained largely stable at 43,800t while clinker imports reached 86,000t. Total cement consumption in the Latin American country reached 0.901Mt, up 2.2 per cent from 0.882Mt in the year-ago period and 15.6 per cent MoM. Output from Peru’s cement plants reached 0.873Mt, down 2.2 per cent YoY from 0.892Mt. Of this total, 29,000t wer...

Peru’s cement dispatches stabilise in July

17 August 2017, Published under Cement News

Peru’s cement dispatches edged up 0.6 per cent YoY to 0.777Mt in July 2017, according to the country’s cement association, Asocem. Domestic supply was supplemented by 100t of imported cement and 44,400t of imported clinker. Output from the country’s cement plants fell 1.2 per cent YoY to 0.827Mt in July. Of this figure, cement producers exported 32,800t, around 16 per cent less than in July 2016. In addition, some 90,800t of clinker was exported. For the first seven months of 2017, dom...

Peru's cement demand edges up in June

26 July 2017, Published under Cement News

Peru’s cement producers dispatched 777,000t of cement in June 2017, representing a 2.2 per cent increase YoY, according to the latest data from Asocem, the country’s cement association. In June 2016, the domestic market required 756,000t. Total dispatches, which include exports, advanced 2.7 per cent YoY from 781,000t to 802,000t in June 2017. Output rose 2.2 per cent from 792,000t in June 2016 to 809,000t one year later. In terms of the rolling year, domestic cement deliveries reache...

Pacasmayo profit decreases 34% YoY in 2Q17

24 July 2017, Published under Cement News

Cementos Pacasmayo, Peru’s third-largest cement producer, posted a 34 per cent YoY drop in profits in 2Q17 as sales fell and El Niño damage increased costs. Cementos Pacasmayo reported a profit of PEN21.4m (US$6.6m) between April and June 2017, compared with a profit of PEN32.5m in 2Q16. This drop in profit was mainly due to "lower sales, higher expenses related to cessions, increases in distribution costs for the destruction of roads, as well as the cost of some damage to our plants by ...

Unacem acquires Hormigonera Quito

20 July 2017, Published under Cement News

Peru-based Unacem has bought a 100 per cent stake in concrete producer Hormigonera Quito of Ecuador. Hormigonera Quito operates two industrial plants - one north of Quito on a 16,000m 2 site and another one to the south on a 22,000m 2 plot. The concrete manufacturer was established in 1984 and is part of the American Concrete Institute, the Ecuadorian Chamber of Construction and Industry Chamber.

Bolivia’s cement producers demand Peruvian cement import ban

03 July 2017, Published under Cement News

Bolivian cement producers are demanding a government ban on the import of Peruvian cement and clinker by Cemento Yura. In addition, they expect the Bolivian government to raise tariffs for clinker imports and take other measures against unfair competition in the market by Cemento Itacamba.

Peru cement market contracts 2% in May

27 June 2017, Published under Cement News

Peru’s cement demand reached 774,000t in May, reflecting a two per cent drop YoY, according to Asocem, the country’s cement association. Total deliveries, including exports, decreased 2.8 per cent to 797,000t. Domestic production in May fell 6.4 per cent YoY to 781,000t. Going forward, cement demand is expected to pick up by the implementation of reconstruction works following the Niño Costero damage and infrastructure megaprojects. As a result, 2H17 consumption is forecast to rise five pe...