Cement News tagged under: Peru
Peru’s cement market contracts 2% in September21 October 2024, Published under Cement NewsCement dispatches in Peru slipped by two per cent YoY to 1.06Mt in September 2024 from 1.081Mt in September 2023, according to the country’s cement association, Asocem. Of this total 0.967Mt was produced by Asocem members. Output by Asocem members remained stable at 0.997Mt in September 2024when compared with a production of 0.996Mt in the equivalent period of the previous year. Clinker production fell by 19 per cent YoY to 0.661Mt in September 2024 from 0.818Mt in the year-ago period. ... |
Peruvian market shows stability in August19 September 2024, Published under Cement NewsPeruvian cement dispatches in August 2024 remained stable at 1.101Mt when compared with August 2023, reports the country's cement association, Asocem. Of this total, 1.005Mt was supplied by Asocem members. Cement production edged up one per cent YoY to 1.107Mt in August 2024 from 1.011Mt in August 2023 while clinker production increased by 12 per cent YoY to 0.786Mt from 0.703Mt. Cement exports increased nine per cent to 11,700t in August 2024 from 10,700t in the year-ago period. Meanwhi... |
Peruvian cement dispatches see minor slip in July16 August 2024, Published under Cement NewsCement dispatches in Peru slipped by 0.4 per cent YoY to 1.022Mt in July 2024 from 1.026Mt in July 2023, according to the Peruvian cement association, ASOCEM. Of this total, its members delivered 0.932Mt. Domestic cement production by ASOCEM members decreased by seven per cent YoY to 0.913Mt in July 2024 from 0.985Mt, but clinker production increased by 42 per cent YoY to 0.884Mt from 0.624Mt over the same time period. In terms of external trade, cement exports declined by six per cent Y... |
Yura to install Line 3 AF handling equipment14 August 2024, Published under Cement NewsCemento Yura SA , part of the Gloria Group , plans to install a new system for the reception, storage, dosage and transportation of alternative fuels for the third kiln line at its Arequipa plant. The PEN2,494,514 (US$665,980) project will see the installation of a 2000m 2 storage platform at floor level, a reception hopper with guillotine gate, a blower of 1200m 3 /h, 24m of steel piping and a metal support structure. As a result, the company expects to reduce fossil fuel use with ... |
Holcim strengthens Peru presence13 August 2024, Published under Cement NewsHolcim has acquired Peru-based Comacsa and Mixercon for a total value of US$100m. Comacsa is the country’s leading producer of industrial minerals and white cement. Founded in 2001, Mixercon is active in the production, marketing of cement and ready-mix concrete. Reporting to Holcim Peru, the companies are expected to operate independently and retain their own brands. The acquisitions will allow Holcim to continue its commitment to economic and social development in Latin America. Re... |
Unacem US shipments surge in 2Q2429 July 2024, Published under Cement NewsPeru-based Unacem saw its shipments jump by 96.4 per cent YoY to 324,000t in the 2Q24 following its acquisition of the Tehachapi cement plant in California, USA. "This significant growth is partially explained by the addition of Tehachapi to the portfolio (...), which contributed 159,000 tons of cement," added the company in the Management Discussion and Analysis document sent to the Superintendencia del Mercado de Valores (SMV). Ready-mix concrete volumes were 254,000m 3 while aggregat... |
Cementos Pacasmayo reports stable net profit in 1H2423 July 2024, Published under Cement NewsPeru-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 concrete and prefabricated sales increased due to the Piura airport project and the recovery of public investment. However, a contraction in the demand for bagged cement saw total sales volumes decrease by 5.8 per cent. Of total sales, cement represented a sales value of PEN369.6m in the 2Q24, down from PEN383.5m in th... |
Peru’s cement market contracts 6% in June22 July 2024, Published under Cement NewsCement 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, dispatches by ASOCEM members were down 8.8 per cent to 0.842Mt in June 2024 from 0.923Mt in June 2023. Output from domestic cement plants declined 6.1 per cent YoY to 0.884Mt in June 2024 from 0.941Mt. Clinker production fell 15.5 per cent to 0.686Mt from 0.812Mt over the same period. In terms of external trade, Per... |
UCEM acquires Ecuador’s Ecoluz SA17 July 2024, Published under Cement NewsGloria 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 Ecoluz SA. In May 2024 the Superintendency of Economic Competition of Ecuador approved the acquisition of all Ecoluz shares by UCEM. “Gloria Group reaffirms its commitment to investment in the Latin American market, betting on the development of the countries in the region,” concludes the Peruvian company. |
Unacem to invest US$300m to reduce its carbon footprint by 203001 July 2024, Published under Cement NewsPeru-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 a reduction from 607kg, and to achieve carbon neutrality by 2050. To achieve the target the company is investing US$300m by 2030. In 2023 the company achieved a reduction of 5kg of CO 2 /to of cement and has set a total reduction target of 6kg for 2024. In the medium term, targets are 21 and 16kg for 2025 and 2026,... |