Cement News tagged under: peru
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,... |
Peruvian cement market contracts 2% in May21 June 2024, Published under Cement NewsDomestic 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, 0.87Mt was supplied by ASOCEM members. Cement production by local cement manufacturers was down four per cent to 0.887Mt in May 2024 when compared with 0.928Mt in the year-ago period. Clinker output fell by 10 per cent to 0.72Mt from 0.803Mt over the same period. External trade Peru's cement producers found l... |
Cementos Pacasmayo reports 14% advance in 1Q net profit07 June 2024, Published under Cement NewsPeru-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 the 1Q23. Net sales slipped by 0.7 per cent to PEN476.5m in the 1Q24 from PEN480m in the year-ago period. However, the company was able to report a 9.6 per cent YoY uptick in operating profit to PEN95m from PEN86.7m in the 1Q23. Net profit was up 13.8 per cent YoY to PEN49.5m from PEN43.5m over the same period, resu... |
Peru's cement consumption up 8% in April05 June 2024, Published under Cement NewsCement 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 the association’s members. However, domestic cement producers reduced their cement output by five per cent YoY to 0.869Mt while clinker output advanced by 27 per cent YoY to 0.801Mt in April 2024. External trade Cement exports fell by 33 per cent YoY to 9000t in April 2024, but clinker exports edged up by one per... |
Peruvian cement dispatches contract 8% in March04 June 2024, Published under Cement NewsCement 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 ASOCEM members. Cement production by ASOCEM members slipped by three per cent YoY to 0.869Mt, but clinker production by members advanced by six per cent YoY to 0.821Mt in March 2024. External trade Cement exports dropped by 23 per cent YoY to 10,000 while domestic cement producers increased their clinker exports by ... |
Funding boost for Peruvian construction sector08 April 2024, Published under Cement NewsInternational Finance Corporation (IFC) and Japan International Cooperation Agency (JICA) have provided the final tranche of a US$400m financing package to global finance group BBVA in Peru with the objective to promote sustainable construction and energy efficiency projects in the country. The first part of the financing, carried out in June 2023 by IFC, was for US$150m. The financing package from IFC and JICA will allow BBVA to strengthen its loan portfolio for sustainable constr... |
Peru's cement market contracts 2% in February21 March 2024, Published under Cement NewsPeruvian 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, ASOCEM. Of this total, the association’s members supplied 0.815Mt, down from 0.856Mt in February 2023. Cement production in Peru fell five per cent YoY to 0.818Mt in February 2023 while clinker output was down 17 per cent YoY to 0.633Mt in the same period. Domestic production was supplemented by 4000t of cement,... |
Unacem reports 7% revenue increase in 202313 March 2024, Published under Cement NewsPeru-based cement producer Unacem has reported revenue of PEN6.38bn (US$1.73bn) in 2023, marking a 6.6 per cent increase YoY, despite the country’s declining construction sector. Net profit over the same period contracted by 22.1 per cent to PEN514m, while the EBITDA margin fell from 26.3 per cent in 2022 to 23.4 per cent the following year, according to BNAmericas. In the fourth quarter of 2023, the company's global revenue came in at PEN1.66bn, up from PEN1.6bn in the same period a y... |
Peruvian market expands 9% in January19 February 2024, Published under Cement NewsCement dispatches in Peru increased nine per cent to 1.016Mt in January 2024 when compared with 0.928Mt in January 2023, according to the Peruvian cement association, ASOCEM. Of this total, 0.938Mt was supplied by ASOCEM members. Cement production slipped one per cent YoY to 0.924Mt in January 2024 from 0.931Mt. Clinker production was down 12 per cent YoY to 0.857Mt in January from 0.969Mt. Cement exports fell by 31 per cent YoY to 10,000t in January 2024 from 15,000t while clinker expor... |
Peru's cement market contracts 12% in December19 January 2024, Published under Cement NewsNational dispatches in Peru fell by 12 per cent YoY to 0.958Mt in December 2023, according to the country's cement association, Asocem. Of this total, 0.885Mt were dispatched by Asocem members. Domestic cement production declined by 15 per cent to 0.928Mt in December 2023 from 1.087Mt in December 2022. Clinker production saw a three per cent YoY pick-up to 0.94Mt from 0.913Mt over the same period. Cement exports dropped by 51 per cent YoY to 8000t in December 2023 from 16,000t in the yea... |