Peru cement sales down 1%, exports up 50% in March
Peru’s cement dispatches fell one per cent YoY to 806,000t in March as public spending was down and rains affected the construction industry, according to cement association Aso...
Peru
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Peru cement sales fall 4.9% in Feb 2015
Peru’s cement market contracted by 4.9 per cent YoY as dispatches fell from 816,000t to 775,000t in February 2015, according to Asocem, the country’s cement association. In Janu...
Peru: Unacem reports rise in 4Q14 income
Peruvian cement producer Unacem saw revenues increase 13.2 per cent to PEN516.5m (US$167m) in the last quarter of 2014 when compared with 4Q13. EBITDA rose 52.5 per cent thanks ...
Bolivia increases cement supply
As the Bolivian cement market surged 24 per cent YoY in 2H14, the domestic cement industry was able to increase output by 15 per cent. However, much has changed as the sector in...
Pacasmayo expects 5% sales rise in 2015
Peru’s Cementos Pacasmayo is positive about the year ahead as it expects sales to rise by five per cent. The company’s general manager, Humberto Nadal del Carpio, attributes the...
Peru cement dispatches down 1.7% but 2015 forecast up
Peru’s cement dispatches fell 1.7 per cent in January due to an unfavourable construction climate and the change of local and regional governments, according to the country’s ce...
Peru: Pacasmayo's net income up 24% YoY
Peruvian producer Cementos Pacasmayo's net income increased 24 per cent in 2014 to PEN188.8m (US$61.3m) as a result of operating efficiencies, a reduction in administrative expe...
Ecuador: Peru’s Cementos Yura buys stake in Unión Cementera Nacional
Cementos Yura, part of Peru’s Grupo Gloria, has acquired a 63.5 per cent share in state-owned Unión Cementera Nacional of Ecuador, which will hold the balance of shares.
Peru’s cement market stable in 2014
Peru’s cement market absorbed around 881,360t of cement in December 2014, according to the latest data from the country’s cement association, Asocem.
Fitch affirms Pacasmayo's ratings; outlook stable
Fitch Ratings has affirmed the following ratings for Cementos Pacasmayo SAA): • Foreign currency Issuer Default Rating (IDR) at 'BBB-'; • Local currency IDR at 'BBB-'; • Senior ...