Cementos Bio Bio announces new plant in Peru
Chile's Cementos Bio Bio has announced that it will invest approximately US$20m in the construction of a new grinding plant at the Port of Matarani in southern Peru. The plant's...
Peru
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Peru's cement market expands 4% in 2018
Cement consumption in Peru increased 5.8 per cent YoY to 1.02Mt in December 2018, according to the latest data from Peru’s cement association, Asocem. Cement production remained...
Bolivia to prohibit poor-quality cement imports
The Bolivian government will verify the quality of imported cement as of the start of this year and if found to be insufficient, the consignment will not be allowed to enter the...
Cement consumption in Peru sees 5% rise in November
Cement consumption in Peru rose by 4.8 per cent YoY in November to 1.017Mt, up from 0.971Mt in November 0217, according to the latest data from the country’s cement association,...
Unacem shareholders to discuss merger with Inversiones Andino
Peru-based Unacem reported that its general meeting of shareholders will evaluate the proposal between the company and the Investment and Administration Trade Union, Inversiones...
Peru cement market expands 3% in October
Peru’s cement consumption advanced 2.9 per cent YoY to 1.02Mt, according to the country’s cement association, Asocem. Cement production by domestic producers fell by two per cen...
Cementos Yura sees 30% 3Q net profit fall
Peru-based Cementos Yura saw its net profit fall by 30 per cent YoY to PEN52m (US$15.4m) in the third quarter of 2018. The company has attributed the slide to a lower gross prof...
Unacem reports 38% rise in 3Q net profit
Peruvian cement producer Unacem has reported revenues of PEN497.9m (US$147.7m) in the 3Q18, down 0.8 per cent from PEN501.8m in the 3Q17. Gross profit remained largely stable at...
Cementos Pacasmayo net income drops 14% in 3Q18
Cementos Pacasmayo saw its revenues fall by 4.4 per cent to PEN318.8m (US$95.2m) in 3Q18, mainly due to change in mix of products sold and to a slight decrease in prices. It als...
Peru cement demand largely stable in September
Cement consumption in Peru reached 0.966Mt in September 2018, slipping by 0.3 per cent when compared with the year-ago period, according to the country’s cement association, Aso...