Peru's Gloria Group acquires control of Soboce, Bolivia
Peruvian conglomerate Gloria Group has acquired an outstanding 51.35 per cent stake in Bolivia's largest cement producer Sociedad Boliviana de Cemento (Soboce) for US$300m. Glor...
Peru
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Peru: November dispatches up 3.6%
Peru’s November cement dispatches remained stable MoM at 928,981t, according to Asocem, the country’s cement association. However, YoY figures show a 3.6 per cent rise. Producti...
Peru: Pacasmayo Piura to come online in July 2015
Cementos Pacasmayo has invested US$190m in its new Piura plant, Peru, and civil works have been almost completed.
UNACEM completes Ecuador acquisition
Peruvian cement producer Union Andina de Cementos SAA (UNACEM) confirmed that it has completed the purchase of Lafarge’s cement operations in Ecuador. "We are pleased with the c...
Peru: exports offset domestic sales slip
Peru’s cement market remained stable in October as domestic sales slipped slightly from 967,000t in October 2013 to 965,000t, according to Asocem, the country’s cement associati...
Peru: Cementos Pacasmayo profits fall 17% in 3Q14
Cementos Pacasmayo reported a YoY drop in net profit of 17 per cent for 3Q14 as cement dispatches fell due to the deceleration in Peru’s economy.
Peru: Cementos Pacasmayo to rebound in 4Q14
Peru’s Cementos Pacasmayo is expected to see a two per cent YoY drop in output volumes in 3Q14, according to investment bank JP Morgan. However, the cement producer is forecast ...
Peru: September dispatches up 3.7%
Cement dispatches in Peru rose 3.7 per cent in September to 904,840t, according to the country’s cement association, Asocem. Including exports, dispatches reached 946,762t.
Peruvian firms tumble on concerns of slowing shipments
Peruvian cement makers slumped on concerns of slowing building materials sales while the government scales back infrastructure spending. According to reports by Bloomberg, Cemen...
Peru August cement sales slip 0.75% YoY
In August domestic dispatches in the Peruvian cement market edged 0.75 per cent down to 908,553t when compared with the same month of 2013, according to Asocem, the country’s ce...