Peru

359 posts · Page 16 of 36

Peru's cement demand to recover in 2H

Peru's cement demand to recover in 2H

Scotiabank forecasts a recovery in Peruvian cement consumption with 3Q demand expected to be close to 2Mt, double the demand reported in 2Q. "We estimate that domestic cement co...

Peru’s cement demand plummets by 69% in May

Peru’s cement demand plummets by 69% in May

Cement consumption in Peru fell by 69.1 per cent YoY to 298,300t in May 2020, according to the country’s cement association, Asocem. Cement production fell by 70 per cent to 263...

Peruvian cement consumption plummets in April

Peruvian cement consumption plummets in April

Peru’s cement market sharply contracted to 5700t in April 2020, down from 883,000t in April 2019 and from 488,000t in March 2020, according to Asocem, the country’s cement assoc...

Cementos Pacasmayo reports 4% fall in revenue

Cementos Pacasmayo reports 4% fall in revenue

Peru’s Cementos Pacasmayo has seen a 4.4 per cent YoY fall in revenue to PEN299.3m (US$88.88m) in the first quarter of 2020, against PEN313.2m in the 1Q19. Net income dropped 64...

Cemento Sur licence temporarily suspended

Cemento Sur licence temporarily suspended

Cemento 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 countr...

 Peruvian cement market expands 5% in February

Peruvian cement market expands 5% in February

National 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 ...

Cementos Pacasmayo sees 8% uptick in 4Q sales

Cementos Pacasmayo sees 8% uptick in 4Q sales

Peru-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 reconst...