Cement News tagged under: Peru

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Pacasmayo cement volumes rise 3.5% in first six months

25 July 2014, Published under Cement News

Peruvian producer Cementos Pacasmayo reported a 3.5 per cent increase in cement sales volumes for the first six months of the year, exceeding the national average of 0.84 per cent. Consolidated sales increased 2.9 per cent YoY in the first half of 2014. Higher cement sales and a 57.2 per cent increase in quicklime dispatches were offset by a decline in concrete sales. Gross profit fell 4.1 per cent mainly due to the temporary imports of clinker and the fall in concrete demand. Net inco...

Peru: June cement sales advance 0.84%

16 July 2014, Published under Cement News

Cement shipments in Peru in June advanced 1.5 per cent to 807,953t in June 2014 from 795,896t in the same month last year, according to the country's cement producers' association, Asocem. For the January-July 2014 period, domestic sales edged up 0.84 per cent to 4,944,327t when compared to the equivalent period last year. Cement exports registered an increase of 25.9 per cent YoY to 116,177t from 92,271t. Peru's cement producers Cemento Andino, Cementos Lima, Cementos Pacasmayo, Cemen...

Lafarge

02 July 2014, Published under Cement News

Lafarge has agreed the sale of Lafarge Cementos in Ecuador to Union Andina de Cemento of Peru for US$553m. The completion date for the sale of this 1.4Mta works has yet to be agreed. This deal follows the sale of the Honduran cement operations to Cementos Argos at around the turn of the year. Lafarge Zimbabwe is looking for a suitable site on which to build a cement works costing US$250m-300m. One limestone deposit has been identified to date and other opportunities are being looked into....

Bolivia's cement market expected to expand 6-10% in 2014

01 July 2014, Published under Cement News

Cement producers in Bolivia expect domestic cement demand to grow by 6-10 per cent in 2014. Last year, consumption reached 3.3Mt and sources at Fancesa said cement demand is forecast to be higher this year. The departments of La Paz, Cochabamba and Santa Cruz comprise around 75 per cent of domestic demand. In 2013, Soboce sold 1.55Mt of cement but the company said that sales during the first quarter of this year were affected by heavy rains. Between January and May 2014, it produced 5...

Peru: cement dispatches edge ahead

18 June 2014, Published under Cement News

Between January and May 2014, Peru’s cement market expanded by 0.51 per cent YoY to 4,129,906t, according to the latest figures from the domestic cement association, Asocem. Production rose by 0.95 per cent YoY to 4,231,221t in the first five months of the year, from 4,191,295Mt in the same period a year ago. Exports jumped from 81,356t to 95,716t, up 17.65 per cent during Jan-May.

Peru records stable 4M14 cement deliveries

21 May 2014, Published under Cement News

Peru’s domestic cement dispatches reached 3,279,640t between January and April 2014, edging up 0.1 per cent YoY, according to the country’s cement association, Asocem. Cement output followed a similar trend, totalling 3,344,562t over the period with producers shipping 3,349,510t – including exports – in the first four months of the year, representing a 0.13 per cent increase YoY. According to Pablo Otero, analyst at Maximixe, the rise in dispatches reflects the dynamism in both public ...

Peru: Unacem market share slips to 49%

06 May 2014, Published under Cement News

Peruvian cement company Unacem has seen its market share fall from 51.42 per cent in 1Q13 to 49.14 per cent in 1Q14, according to news service Gestión. The cement maker has attributed the decline to a combination of “aggressive competition from imported cement at dumping prices and lower cement demand”.

Peru: Pacasmayo 1Q net income down

30 April 2014, Published under Cement News

Peruvian producer Cementos Pacasmayo reported a drop in net income of 11.8 per cent YoY to PEN39.8m (US$14.1m) in the first quarter of 2014. EBITDA came in at PEN80.7m compared to PEN81.3m in the corresponding period of 2013. However, cement sales volumes grew by four per cent YoY, exceeding market growth, with cement net sales improving by 5.9 per cent YoY and total sales by three per cent YoY. During the Jan-Mar 2014 period, cement shipments in Peru increased marginally by 1.35 per cen...

Peru: market expands 1.35% in 1Q14

16 April 2014, Published under Cement News

In March, the Peruvian cement market remained broadly stable from 815,317t in February to 814,495t, according to domestic cement association, Asocem.   Output from local producers increased 1.4 per cent from 832,275t the previous month to 844,301t and exports rose 8.1 per cent from 15,349t in February to 16,599t. Between Jan-Mar 2014, cement shipments in Peru totalled 2,453,948t, a YoY increase of 1.35 per cent. Production in the first quarter of 2014 reached 2,501,997t, slipping b...

Peruvian domestic dispatches stable

19 March 2014, Published under Cement News

Cement dispatches in Peru edged up 0.14 per cent in Jan-Feb 2014 to 1,639,454t when compared with the equivalent period of the previous year, according to Peru’s cement association, Asocem. However, producers saw a 25.3 per cent YoY drop in exports, which reached 32,569t. Cement production in the country’s cement plants fell 1.2 per cent to 1,657,696t when compared with Jan-Feb 2013.