Cementos Pacasmayo reports stable net profit in 1H24
Peru-based Cementos Pacasmayo SAA reported a 3.4 per cent uptick in income to PEN457.1m in the second quarter of 2024 from PEN442m in the 2Q23, supported by the sales mix as con...
Peru
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Peru’s cement market contracts 6% in June
Cement dispatches in Peru declined by 5.9 per cent YoY to 0.924Mt in June 2024 from 0.928Mt in June 2023, according to ASOCEM, the Peruvian cement association. Of this total, di...
UCEM acquires Ecuador’s Ecoluz SA
Gloria Group , through its subsidiary Unión Cementera Nacional SA (UCEM), has closed the purchase and sale contract for 99.998 per cent of Ecuador-based hydropower company Ecolu...
Unacem to invest US$300m to reduce its carbon footprint by 2030
Peru-based Unacem Group has published its Corporate Roadmap to 2030, setting a carbon emissions target of 1500kg of CO 2 /t of cement by 2030 in all its operations, representing...
Peruvian cement market contracts 2% in May
Domestic cement dispatches in Peru slipped two per cent YoY in May 2024 to 0.958Mt from 0.977Mt in May 2023, according to the country's cement association, ASOCEM. OF this total...
Cementos Pacasmayo reports 14% advance in 1Q net profit
Peru-based Cementos Pacasmayo SA reported a 7.2 per cent decline in cement, concrete and prefabricated product sales in the first quarter of 2024 to 685,700t from 738,600t in th...
Peru's cement consumption up 8% in April
Cement dispatches in Peru increased eight per cent YoY to 0.97Mt in April 2024, according to the country’s cement association, ASOCEM. Of this total, 0.886Mt were delivered by t...
Peruvian cement dispatches contract 8% in March
Cement dispatches in Peru declined by eight per cent YoY to 0.897Mt in March 2024, reports the Peruvian cement association, ASOCEM. Of this total, 0.825Mt was dispatched by ASOC...
Funding boost for Peruvian construction sector
International Finance Corporation (IFC) and Japan International Cooperation Agency (JICA) have provided the final tranche of a US$400m financing package to global finance group ...
Peru's cement market contracts 2% in February
Peruvian cement dispatches slipped by two per cent YoY to 0.89Mt in February 2024 when compared with the previous year’s equivalent period, said the country’s cement association...