Cement News tagged under: peru
Peru's Asocem reports 47% drop in domestic demand in March23 April 2020, Published under Cement NewsPeru's cement market contracted by 46.8 per cent YoY to 0.488Mt in March 2020, according to the Peruvian cement association, Asocem. Of this total national dispatches accounted for 0.481Mt. In March 2019 domestic cement consumption reached 0.918Mt. Cement production in Peru in March 2020 fell 51.1 per cent to 0.419Mt when compared with March 2019 and 50.7 per cent when compared with February 2020. Clinker output was down by 50.1 per cent YoY and 55.1 per cent MoM to 0.352Mt in March 2020. ... |
Peru's cement producers see impact of COVID-19 crisis21 April 2020, Published under Cement NewsThe energy demand of Peruvian cement mills has reportedly fallen more than 90 per cent in recent weeks due to lower utilisation rates as a result of the COVID-19 pandemic. "They have temporarily suspended their operations and that of their subsidiaries. Plants are running to a minimum, just a few furnace maintenance issues," said Flor Felices, analyst at Intéligo SAB. The impact of the coronavirus on the construction industry has reduced cement demand. As a result, Unacem has projected... |
Cemento Sur licence temporarily suspended09 April 2020, Published under Cement NewsCemento Sur has had its operating licence temporarily suspended by the mayor of the District Municipality of Caracoto in Puno, Peru, because it was operational during the country’s state of emergency, according to Onda Azul. “We have closed the door of the Cemento Sur company, he said, while specifying that the Ministry of Production issue an authorisation to the company so it can circulate regularly. “To avoid the operation of the company we have blocked its accesses,” said the authority... |
Peruvian cement market expands 5% in February26 March 2020, Published under Cement NewsNational cement demand in Peru advanced 5.3 per cent in February 2020 to 0.935Mt when compared with February 2019, according to the country’s cement association, Asocem. In the first two months of the year, 11.78Mt of cement was consumed, up 4.8 per cent YoY. Cement production increased 5.9 per cent YoY and 2.3 per cent MoM to 0.849Mt in February 2020 while clinker production saw YoY and MoM increases of 35.8 and 9.9 per cent, respectively to 0.784Mt in the second month of this year. Cem... |
Peruvian cement consumption increases 2% in January 202027 February 2020, Published under Cement NewsPeru’s cement market expanded 2.1 per cent YoY to 946,000t in January 2020 from 927,000 in the year-ago period, according to the country’s cement association, Asocem. In the prior 12 months (including January 2020) consumption rose by 4.7 per cent YoY to 11.728Mt. In January 2020 domestic cement production increased three per cent YoY but fell 9.4 per cent MoM to 830,000t while in terms of clinker production, volumes were up 12.3 per cent YoY and slipped 10 per cent MoM to 713,000t. Ceme... |
Cementos Pacasmayo sees 8% uptick in 4Q sales13 February 2020, Published under Cement NewsPeru-based Cementos Pacasmayo reported a 7.7 per cent rise in sales volumes of cement, concrete and precast in the 4Q19 due to higher sales to the public sector, El Niño reconstruction, some medium-size private projects as well as self-construction. The higher sales volumes resulted in a 9.8 per cent increase in revenues. Revenues increased 9.8 per cent mainly due to the increase in sales volumes. The company also posted a net income of PEN29.5m. The 52.1 per cent advance in net income i... |
Peruvian demand up 2% in December16 January 2020, Published under Cement NewsPeru’s cement market expanded by 1.6 per cent to 996,000t in December 2019, according to the country’s cement association, Asocem. Cement production increased 1.2 per cent YoY but slipped 1.4 per cent MoM to 916,000t while clinker production fell by 13.3 per cent YoY and 6.3 per cent MoM to 792,000t in December 2019. Total dispatches, which include exports, increased 2.5 per cent to 895,000t when compared with December 2018 but declined 4.4 per cent MoM. In terms of exports, cement volum... |
Peru’s cement demand up 2% in November19 December 2019, Published under Cement NewsThe Peruvian cement market expanded 2.1 per cent YoY in November 2019 with total sales of 1.048Mt (November 2019: 1.026Mt), according to Peru’s cement association, Asocem. Cement production increased three per cent YoY but fell 5.1 per cent MoM to 928,000t in November 2019 while at 845,000t clinker output decreased by 1.1 and 4.1 per cent when compared with November 2018 and October 2018, respectively. Domestic output was supplemented by 66,000t of cement, representing a YoY fall of 35.7... |
Peruvian cement demand sees 7% October uptick28 November 2019, Published under Cement NewsPeru’s cement market expanded by 6.7 per cent YoY in October 2019 as demand reached 1.089Mt when compared with 1.021Mt reported in October 2018, according to the latest data published by the country’s cement association, Asocem. National dispatches increased 6.5 per cent to 1.077Mt from 1.012Mt in October 2018. Cement exports in October 2019 fell 21.9 per cent YoY but rose 9.6 per cent MoM to 16,000t while clinker exports increased 46.9 per cent YoY and 51.3 per cent MoM to 50,000t. Impor... |
Peru's cement demand expected to surpass 12Mt in 202022 November 2019, Published under Cement NewsPeruvian cement demand is forecast to reach 12Mt in 2020, according to Scotiabank. This follows an expected market expansion of five per cent this year on the back of higher private investment, mainly driven by the mining sector. The projection takes into account an increase in public investment by five per cent. In addition, the bank expects private non-mining investment to maintain a similar level as this year. It predicts more dynamism in the retail sector, real estate (with higher sal... |