Cement News tagged under: Peru

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Peru: cement sales fall 8.4% in May

17 June 2015, Published under Cement News

Cement dispatches in Peru fell by 8.4 per cent YoY in May to 779,000t, reflecting an accelerating contraction of the domestic market, according to cement association Asocem. In April sales decreased 7.1 per cent YoY to 767,000t. Output from Peru’s cement plants dropped 5.7 per cent from 887,000t in May 2014 to 836,000t. In the past 12 months domestic consumption slipped by 0.2 per cent while total output fell by 0.1 per cent. The recent lack of market activity has been attributed to...

Peru cement market contracts 7% in April 2015

18 May 2015, Published under Cement News

Peru’s cement deliveries fell 7.1 per cent YoY to 800,000t in April 2015 due to lower government spending and climate factors, according to Asocem, the Peruvian cement association. El Niño is expected to continue to affect the construction industry going forward as the climate phenomenon brings inclement weather to Peru. However, public expenditure is forecast to improve as the state government has increased spending by 26 per cent and regional governments by 42 per cent. Cement produc...

Peru: Unacem sees slight rise in 1Q15 sales

28 April 2015, Published under Cement News

Unacem saw its domestic cement sales increase by 0.3 per cent in the first three months of 2015, compared to the same period in 2014. The company recorded cement sales of PEN449.4m (EUR132.69m US$144.20m) in 1Q15. Sales costs also dropped 2.6 per cent compared to the first quarter of 2014, when leftover stocks of imported clinker were used which were more expensive. Clinker production dslipped 12.8 per cent in 1Q15, compared with the same period in 2014. Meanwhile, cement production rose...

Peru cement sales down 1%, exports up 50% in March

17 April 2015, Published under Cement News

Peru’s cement dispatches fell one per cent YoY to 806,000t in March as public spending was down and rains affected the construction industry, according to cement association Asocem. Regional and municipal governments saw their spending cut by 30 and 61 per cent, respectively. Output in the country’s cement plants increased two per cent to 861,000t when compared with March 2014. A 50 per cent rise in exports in the month helped producers to compensate for the lower domestic sales. Looking ...

Peru cement sales fall 4.9% in Feb 2015

17 March 2015, Published under Cement News

Peru’s cement market contracted by 4.9 per cent YoY as dispatches fell from 816,000t to 775,000t in February 2015, according to Asocem, the country’s cement association. In January, cement dispatches increased 1.7 per cent. "This is mainly due to climatic factors, low public spending, weak private investment and low trust in the government. As in January, heavy rains during February in the highlands and jungle witnessed, "said the cement association. Public expenditure fell 23 per cen...

Peru: Unacem reports rise in 4Q14 income

05 March 2015, Published under Cement News

Peruvian cement producer Unacem saw revenues increase 13.2 per cent to PEN516.5m (US$167m) in the last quarter of 2014 when compared with 4Q13. EBITDA rose 52.5 per cent thanks to clinker exports and despite higher fuel costs. Net profit increased 179.9 per cent YoY to PEN138.4m. The company’s deliveries advanced 4.4 per cent YoY to 1.504Mt with the domestic market expanding 3.6 per cent over the period. The output of Atocongo’s Kiln 1 and 2 pushed total Unacem production to 1.635Mt, up ...

Bolivia increases cement supply

26 February 2015, Published under Cement News

As the Bolivian cement market surged 24 per cent YoY in 2H14, the domestic cement industry was able to increase output by 15 per cent. However, much has changed as the sector invested in new plants and pushed up production to improve the supply-demand balance. Corporación Boliviana del Cemento (Coboce) now produces around 70,000 bags per day to supply its markets of Santa Cruz, Cochabamba, La Paz and Beni. This follows an investment of US$100m in a new plant at Cochabamba. "The new fa...

Pacasmayo expects 5% sales rise in 2015

25 February 2015, Published under Cement News

Peru’s Cementos Pacasmayo is positive about the year ahead as it expects sales to rise by five per cent. The company’s general manager, Humberto Nadal del Carpio, attributes the increase to the development of several construction projects in the Latin American country. In the north of the country, the Talara refinery, the northern highway and regional projects are predicted to require around 0.5Mt of cement over the next 2-3 years. In addition, around US$90bn of infrastructure projects wil...

Peru cement dispatches down 1.7% but 2015 forecast up

17 February 2015, Published under Cement News

Peru’s cement dispatches fell 1.7 per cent in January due to an unfavourable construction climate and the change of local and regional governments, according to the country’s cement association, Asocem. In the first month of this year, 816,000t of cement was delivered – some 14Mt less than the year-ago period. Strong rains impacted on Peru’s building sector. However, cement production increased three per cent YoY as did exports, which saw a 126 per cent rise when compared with January ...

Peru: Pacasmayo's net income up 24% YoY

16 February 2015, Published under Cement News

Peruvian producer Cementos Pacasmayo's net income increased 24 per cent in 2014 to PEN188.8m (US$61.3m) as a result of operating efficiencies, a reduction in administrative expenses and lower losses from currency movements. Operating margin increased 0.6 percentage points in 2014, compared to 2013, mainly explained by lower administrative expenses, and an extraordinary income. Consolidated EBITDA increased 4.7 per cent (PEN365.3m in 2014 versus PEN348.9m in 2013). Cement sales volum...