Peru: Cementos Pacasmayo sees 13% drop in sales in 4Q16
Peru's Cementos Pacasmayo saw its cement, concrete and blocks sales decline by 12.7 per cent YoY in 4Q16. However, there was extraordinary spending associated with El Niño preve...
Peru
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Peru: Cementos Pacasymayo announces phosphate spin-off launch date
Cementos Pacasmayo SAA and subsidiaries, has provided shareholders with an update regarding the status of its spin-off of phosphate project company called FOSSAL, SAA. Pacasmayo...
Asocem: “Cement consumption will recover in 2017”
Peruvian cement association Asocem expects cement consumption in Peru to grow between 3-5 per cent in 2017 as private investment recovers and public works are carried out.
Peru's sees 3.4% market contraction in 2016
Cement consumption in Peru fell 5.2 per cent to 836,000t in December 2016, according to Asocem, the country's cement association. Exports decreased 43.5 per cent to 27,000t from...
Peru’s cement market contracts more than 6% in November
Cement consumption in Peru continues to fall with domestic sales noting a 6.6 per cent YoY decline from 914,000t in November 2016 to 854,000t in November 2016, according to Asoc...
Fitch: Latin America 2017 outlook stable
According to a new Fitch Ratings report, the 2017 Latin American cement outlook for both ratings and the sector is stable.
Peru: Unacem reports loss of US$1.15m in 3Q16
The company Union Andina de Cementos (Unacem), one of the two largest companies in the sector in Peru, reporteda loss of PEN3.9m (US$1.15m) in the third quarter due to lower sal...
Peru: Cementos Pacasmayo 3Q16 net income falls 21.7%
Cementos Pacasmayo SA's consolidated results for the 3Q16 and nine months (9M16) ended 30 September 2016 recorded cement, concrete and concrete block volumes were down 1.6 per c...
Peru's cement market shows minor decline in August
In August Peruvian cement demand reached 0.868Mt, representing 4.3 per cent decline YoY, according to Asocem, the country's cement association.
Peru: Cementos Pacasmayo to split operations
Cementos Pacasmayo SAA and subsidiaries announced that its Board of Directors have approved the separation of its phosphate operations Fosfatos del Pacifico (FOSPAC) from its ce...