Cement News tagged under: Peru
Peru's cement market contracts 17% YoY in April24 May 2023, Published under Cement NewsCement dispatches in Peru fell by 17 per cent YoY to 0.883Mt in April 2023, according to the Peruvian cement association, Asocem. Of this total, 0.851Mt was delivered by Asocem members. Cement production declined 11 per cent YoY to 0.913Mt in April 2023. Clinker production fell 19 per cent YoY to 0.631Mt in April 2023. Cement exports decreased by six per cent YoY to 0.014Mt while clinker exports saw a three per cent uptick to 0.036Mt. Cement imports dropped 86 per cent YoY to 5300t with... |
Cementos Pacasmayo 1Q net profit down by 5%11 May 2023, Published under Cement NewsRevenues of Peru-based Cementos Pacasmayo SA declined 8.6 per cent YoY to PEN480m (US$131.4m) in the first quarter of 2023. "The intense rains that hit the north of the country, produced by Cyclone Yaku, affected the company's operations, especially in February and March. The foregoing was offset by the increase in average cement and concrete prices compared to 1Q2022," according to a report from Kallpa SAB. EBITDA decreased by 5.3 per cent YoY to PEN120.7m in the 1Q23. However, the EBI... |
Peru’s cement market contracts 17% in March24 April 2023, Published under Cement NewsCement consumption in Peru declined by 17 per cent to 0.958Mt in March 2023 when compared with March 2022 when dispatches reached 1.151Mt, according to the country’s cement association, Asocem. Output from domestic cement plants was down 20 per cent YoY to 0.894Mt of cement in March 2023 from 1.121Mt. Clinker production fell by 19 per cent YoY to 0.77Mt in the same period. Cement exports declined 27 per cent YoY to 13,000t in March 2023 from 18,000t in March 2022, but clinker exports incr... |
Peruvian cement market contracts 17% in February23 March 2023, Published under Cement NewsCement demand in Peru fell by 17 per cent YoY to 0.883Mt in February 2023 from 1.068Mt in the year-ago period, according to the country’s cement association, Asocem. Of this total, 0.856Mt were dispatched by Asocem members. Cement production in February 2022 declined 17 per cent YoY to 0.865Mt from 1.037Mt in February 2022. Clinker production expanded by seven per cent YoY to 0.759Mt in February 2023. In terms of exports, cement exports were down by a quarter to 11,000t in February 2023 wh... |
Ecebol plant expected to start up in June21 March 2023, Published under Cement NewsBolivia’s Empresa Pública de Cemento (Ecebol) expects to commission its new Potosí plant in June with the project currently 92 per cent complete and a budget execution of 85 per cent. The start-up of the 1.3Mta plant will take place on 30 June with the grinding and dispatch of the first products. "The first bags of cement will be in November to then verify the quality and put them on sale," said the country’s Minister of Productive Development, Néstor Huanca. He also indicated that t... |
Peru’s cement market contracts in January22 February 2023, Published under Cement NewsTotal cement dispatches in Peru fell by 16 per cent to 0.915Mt in January 2023 when compared with 1.088Mt delivered in January 2022, according to Asocem, the country’s cement association. Of this total, Asocem members dispatched 0.883Mt in January 2023 while non-affiliated companies dispatched 0.032Mt. Cement production in Peru declined 13 per cent YoY to 0.931Mt in January 2023. The output level is an aggregate of all Asocem members. Clinker production surged by 46 per cent to 1.079Mt in ... |
Cementos Pacasmayo reports 15% increase in 2022 net income15 February 2023, Published under Cement NewsPeru-based Cementos Pacasmayo saw its revenues increase by 1.7 per cent YoY to PEN533.8m (US$138.8m) in the fourth quarter of 2022, mainly due to an increase in average prices of bagged cement as inflation affected the company’s raw material and energy costs. Sales volumes of cement, concrete and precast in the 4Q22 decreased 1.7 per cent from peak levels in the 4Q21. In the last quarter of 2022, the company reported a 14.5 per cent YoY decline in consolidated EBITDA to PEN121m, mainly ... |
Peruvian cement market contracts 6% in December23 January 2023, Published under Cement NewsPeru’s cement dispatches reached 1.092Mt in December 2022, representing a six per cent decline YoY from 1.159Mt, according to the country’s cement assocation, Asocem. Of this total, 1.054Mt were dispatched in December 2022 by Asocem members. Cement production edged down three per cent YoY to 1.087Mt while clinker output slipped by one per cent to 0.913Mt YoY in December 2022. In December 2021 cement and clinker output reached 1.122Mt and 0.925Mt, respectively. External trade In addit... |
Unacem acquires Termochilca05 January 2023, Published under Cement NewsPeruvian cement and concrete producer Unacem , through its subsidiary Celepsa, has bought electricity generator Termochilca. Termochilca operates the US$300m, 300MW combined cycle thermal power plant in Santo Domingo, Chilca. The completion of the acquisition is subject to the receipt and acceptance of certain conditions and signature of legal documents. Upon completion, further information will be available to investors. |
Yura achieves 3Mt sales milestone03 January 2023, Published under Cement NewsPeru-based Cemento Yura SA has reached the 3Mt sales mark for the first time in its 56-year history, reports Asocem, the country’s cement association. The company attributes its success to its staff and customers as well as strategic partners such as Rationalización Empresarial Raciemsa, Concretos Supermix and Cal y Cement Sur – all part of Yura’s parent company, Grupo Gloria . “At Yura we are very proud to dispatch 3Mt because those three million tons have turned into many millions of d... |