Cement News tagged under: Peru

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Peru dispatches rise 16.5%

17 August 2012, Published under Cement News

Shipments of cement in the Peruvian market totaled 5.2Mt between January and July 2012, a 16.53 per cent increase over the figure recorded in the same period in 2011 (4.48Mt), reported the Association of Cement Producers (Asocem). During the same period production was 5.3Mt, representing an increase of 15.55 per cent over the same period of 2011, when it totaled 4.6Mt. Exports reached 76,058t of cement, reporting an increase of 175.99 per cent over the same period in 2011, when they we...

Cementos Lima and Cementos Andino to merge, Peru

26 July 2012, Published under Cement News

Peruvian cement producers Cementos Lima and Cemento Andino are to merge into a single company, the company’s said in a joint statement. Shareholders from both producers on Tuesday approved plans for the merger which will create a new company under the name of Union Andina de Cementos SAA on 1 October, the statement to Peru’s securities regulator said. The companies said the merger will reduce costs while also improving liquidity, profits and financial strength. "The main objective of t...

Cementos Lima reports 8.8% drop in 2Q net income

23 July 2012, Published under Cement News

Peru’s largest cement producer Cementos Lima has reported a fall of 8.8 per cent YoY in second quarter net income to PEN53.6m (US$20.3m). Revenue for the quarter was PEN293m compared with PEN257m a year earlier.

Peru’s domestic shipments see 15% first-half rise

17 July 2012, Published under Cement News

Shipments of cement in the Peruvian market totaled 4,4Mt between January and June 2012, a 15 per cent increase over the figure recorded in the same period in 2011, when they totaled 3.83Mt, reported the Asociación de Productores de Cemento (Asocem). During that period the cement production was 4.48Mt, representing an increase of 13.95 per cent over the same period of 2011, when it was 3.9Mt.? ?In the first half of the year, cement exports reached 67,154t, reporting a YoY increase of 187.2...

Peruvian domestic shipments rise 14.2%

18 June 2012, Published under Cement News

Cement shipments in the Peruvian market totalled 3.64Mt between January and May 2012, a 14.02 per cent increase over the figure recorded in the same period in 2011, according to data from local Cement Producers’ Association (Asocem). During the five month period cement production was 3.71Mt representing a YoY increase of 12.75 per cent. Cement exports, meanwhile, reached 58,060t, a YoY increase of 166.78 per cent during Jan-May 2012. Total cement shipments (domestic market plus expo...

Peru 4M12 shipments rise 13.62 per cent YoY

16 May 2012, Published under Cement News

Shipments of cement in the Peruvian market totaled 2.89Mt between January and April 2012, a 13.62 per cent increase YoY, reported the Association Cement Producers (Asocem). A positive outlook is forecast for the remainder of the year. During the first four months of 2012, cement production totall 2.96Mt, representing a rise of 13.01 per cent over the same period of 2011.? ?In the first four months of the year, cement exports reached 48,624t, up 125.79 per cent YoY. Total cement shipmen...

Cementos Pacasmayo first-quarter volumes ahead, Peru

01 May 2012, Published under Cement News

Cementos Pacasmayo, a leading Peruvian cement company, announced today its consolidated results for the first quarter period ended March 31, 2012. In 1Q12, cement demand was stronger than anticipated as volumes increased 17% compared to 1Q11. Revenues in 1Q12 increased 20.4% compared to 1Q11. Gross margin remained high at 39.4%.

Peru: first-quarter 2012 shipments up 12.84 per cent

16 April 2012, Published under Cement News

Cement sales in the Peruvian market totalled 2.2Mt between January and March 2012, 12.84% more than 1Q11 (1.95Mt), according to data from the Association of Cement Producers (Asocem). Cement production for the period was 2.24Mt, a YoY increase of 11.44%, when it was 2.01Mt.? In the first three months of the year, exports reached 39,062t of cement, reporting an increase of 144.35 per cent over the same period of 2011, when they were of 15,986t. Asocem indicated that total cement shipmen...

Peruvian market acceleration

21 March 2012, Published under Cement News

Peruvian cement shipments have shown strong increases for the third month in a row indicating a recovery in public investment and an acceleration in domestic sales. Shipments reached 418,824t in February 2012, representing an 11.67 per cent YoY advance from 270,562t, the cement producers association (Asocem) reported. Cement production for the month was 448,199t, up 10.3 per cent on February 2011 (313,013t). Total shipments (domestic plus exports) for the first two months of 2012 ...

Pacasmayo: substantial growth potential – report

10 February 2012, Published under Cement News

Peruvian cement producer, Cementos Pacasmayo, which completed a US$230m share offering in New York, has “substantial growth potential” with its cement plant expansion and phosphate project, said Eduardo Hochschild, chairman of the company’s owner Hochschild Group. “The share will go up, down, sideways and what have you, and that’s what it usually does,” Hochschild said from New York after the shares fell as much as 14.6 per cent, according to a Bloomberg report. “In liquidity, New York has...