Unacem buys Cementos Portland for US$28m
Peru-based Unacem has acquired Cementos Portland for US$28m from Cementos Bío Bío and Votorantim. Unacem, which operates 8.3Mta of production capacity at two plants at Atocongo ...
Peru
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Cementos Bío Bío sells Peruvian subsidiary
Chile’s Cementos Bío Bío has sold its Peruvian subsidiary, Cementos Portland, in a transaction valued close to US$14m, according to La Tercera. The departure means that it will ...
Peru’s cement demand remains stable in August
Cement dispatches by Asocem members remained largely stable in August 2018 at 865,000t when compared with the year-ago period, according to the country’s cement association, Aso...
Unacem seeks loans of up to US$490m
Union Andina de Cementos SAA (UNACEM) plans to start talks with banks for up to US$490m in loans to refinance existing US$-denominated debt and other corporate purposes. The com...
Peru cement demand at 0.871Mt in July
Peru’s cement plants supplied 790,000t of cement to the domestic market in July 2018, up 1.8 per cent YoY and four per cent MoM, according to the country’s cement association, A...
Cementos Pacasmayo sees 10% rise in 2Q18 net income
Peru’s Cementos Pacasmayo saw its revenues rise 2.3 per cent YoY to PEN287.5m (US$87.8m) in 2Q18 as sales volumes of cement, concrete and precasts advanced 1.9 per cent YoY to 0...
Cement consumption in Peru up 6% in June
Peru’s cement market expanded by 5.7 per cent YoY to 0.865Mt in June 2018 and when compared with the previous month, largely stable, according to the latest data from Asocem, th...
Will Peru's market pick-up persist?
The Peruvian cement market continues to return an improved performance when compared with last year, according to the latest data published by Asocem, the country’s cement assoc...
Peru’s consumption stable in May
Peru’s cement market remained largely stable in May with consumption edging up by 0.6 per cent YoY to 0.778Mt and by 2.5 per cent from 0.759Mt the previous month, according to t...
Unacem’s profit down 53% in 1Q18
Peruvian cement producer Unacem reported a 53 per cent fall in net profit to PEN157m in the first quarter of 2018.