Cement News tagged under: Peru
Pacasmayo boosted by northern projects, Peru06 August 2013, Published under Cement NewsCementos Pacasmayo, a leading Peruvian cement company, reported a 9.1 per cent increase in cement sales volumes for the 2Q13 as it benefits from strong demand in the northern region. During the second quarter, consolidated EBITDA rose 60 per cent to PEN91.5m (US$32.8m) compared to PEN57.2m in the same period the year before. Operating profit increased 72.9 per cent in 2Q13 to PEN77.8m compared to 2Q12. However, net income fell 21.7 per cent in the second quarter to PEN 23.4m, mainly due ... |
Peru’s cement market expands 11.4% in 1H1316 July 2013, Published under Cement NewsDomestic cement dispatches in Peru totalled 4,904,873t in the first half of 2013, representing an increase of 11.42 per cent when compared with 1H12, according to Peru’s cement producers’ organisation, Asocem. Cement production in the Jan-Jun period reached 5,020,162t, up 12.1 per cent YoY from 4,478,151t. June proved an excellent month for exports as local cement producers shipped 92,271t of cement across the country’s borders, noting a 37.4 per cent rise YoY. |
Peru's five-month cement deliveries rise 12.7%28 June 2013, Published under Cement NewsIn May, Peru’s Asocem members delivered 832,648t of cement to the domestic market and exported 12,460t. For the year to-date, deliveries increased by 12.7 per cent YoY. |
Bío Bío and Votorantim to start work on Peruvian plant25 June 2013, Published under Cement NewsAfter two years, Chile’s Cementos Bío Bío and its Brazilian partner Votorantim have successfully obtained all permits to build their first plant in Peru, representing an investment of US$160m. In the past few weeks, the tender details for the equipment needed and the financing arrangement have been worked out. Hernán Briones, president of Bío Bío said funding would come from the cement company’s cash flow and rejected the possibility to emit shares or to realise a raise in capital. Wor... |
Peruvian dispatches see double-digit gains21 May 2013, Published under Cement NewsTotal cement dispatches by members of Peruvian cement association Asocem reached 3,345,226t in the first four months of this year, rising 12.42 per cent YoY. Domestic dispatches during the period amounted to 3,276,329t , showing a rise of 13.25 per cent on the same period of last year. ??Cement exports, meanwhile, were 68,897t (+41.69 per cent YoY). Production over the four months was 3,344,008t, up 13.15 per cent YoY. In April alone, total dispatches were 868,649t , of which domestic... |
Cementos Yura opts for another Loesche mill, Peru01 May 2013, Published under Cement NewsPeruvian cement producer Cementos Yura has placed an order with Loesche America Inc for a clinker/additives grinding plant to installed at its Arequipa plant, Peru. Based on good and long-term experience with an existing Loesche Mill Type LM 56.2+2 C/S, Yura has once again selected this type of vertical roller mill to be installed at the plant, which is situated 2600m above sea level. The mill will be part of a clinker/pozzolana dry-grinding plant for which Loesche is supplying the main mec... |
Cementos Pacasmayo 1Q13 cement sales rise 6.5 per cent30 April 2013, Published under Cement NewsPeruvian cement producer Cementos Pacasmayo reported a sales increase of 6.5 per cent in the first quarter of 2013. Net income rose 13 per cent in the first quarter to PEN45.1m compared to PEN39.9m (US$17m) in the same period of last year. Cement EBITDA rose by 15.1 per cent in the three months to the end of March 2013 reaching PEN84.5mm compared to PEN73.4m in 1Q12. Consolidated adjusted EBITDA margin went from 25.8 per cent in 1Q12 to 27.9 per cent in 1Q13. On February 1, 2013, the Com... |
Peru first-quarter dispatches up 10.8%23 April 2013, Published under Cement NewsCement dispatches from the Peruvian market reached 2,476,577t in the first quarter of 2013, representing a YoY rise of 10.8 per cent on the same period of last year (2,235,485t). Of the total dispatches in the first quarter of this year, 2.42Mt were destined for the domestic market while cement exports accounted for the remaining 55,204t. Production during the January-March 2013 period was 2,503,842t, 12 per cent higher than the 2,235,485t recorded in the same period of 2012. In Mar... |
Cementos Pacasmayo full year sales rise 16.6%, Peru22 February 2013, Published under Cement NewsPeruvian cement producer Cementos Pacasmayo’s reported that cement sales volume increased by 16.6 per cent in 2012 compared to 2011, and 14.2 per cent in 4Q12 compared to 4Q11. Cement EBITDA increased 7.9 per cent in 2012 to PEN292.1m, and 11.7% in 4Q12 to PEN78.3m. Net income increased 134.9 per cent in 2012 compared to 2011 (PEN159m versus PEN67.7m), and 41 per cent in 4Q12 compared to 4Q11 (PEN 39.9m compared to PEN28.3m). Earlier this month, Fitch Ratings has assigned the followin... |
Cementos Lima fine US$2.2m for unfair trade practices08 February 2013, Published under Cement NewsPeru’s leading cement producer, Cementos Lima, has been fined PEN5.7m (US$2.24m) for unfair trade practices. The penalty was imposed by Indecopi, the country’s Institute for Competitiveness and Protection of Intellectual Property, as it accused the cement maker of refusing to sell its product to retail outlets that also offer Quisqueya cement, produced by Cemex. |