Cement News tagged under: peru

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Cemento Sur licence temporarily suspended

09 April 2020, Published under Cement News

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 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 February

26 March 2020, Published under Cement News

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 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 2020

27 February 2020, Published under Cement News

Peru’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 sales

13 February 2020, Published under Cement News

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 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 December

16 January 2020, Published under Cement News

Peru’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 November

19 December 2019, Published under Cement News

The 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 uptick

28 November 2019, Published under Cement News

Peru’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 2020

22 November 2019, Published under Cement News

Peruvian 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...

Cementos Pacasmayo sees 20% rise in revenue

24 October 2019, Published under Cement News

Peru’s Cementos Pacasmayo has seen a 20.2 per cent YoY rise in revenue for the third quarter of 2019, on the back of a 17.6 per cent increase in the sales volume of cement, concrete and precast. Consolidated EBITDA was up 9.9 per cent to PEN111.5m (US$33.3m), while the cement EBITDA margin fell 2.8 per cent to 29.1 per cent. Net income advanced 20.4 per cent YoY to PEN40.2m in the 3Q19.  9M19 As a result of an 11.8 per cent rise in sales for cement, concrete and precast, revenues for th...

Peruvian market expands 7% in September

16 October 2019, Published under Cement News

Peru’s cement consumption increased 6.5 per cent to 1.035Mt in September 2019 when compared with September 2018, according to Asocem, the country’s cement association. This included 1.02Mt supplied by domestic producers. Cement production increased 7.4 per cent to 943,000t when compared with September 2018 and 0.8 per cent MoM. Clinker output rose 18.4 per cent YoY and 0.2 per cent MoM to 820,000t. In terms of external trade, cement exports declined 29.1 per cent YoY to 14,700t in Septem...