Cement News tagged under: peru
Cementos Pacasmayo sees 8% uptick in 4Q sales13 February 2020, Published under Cement NewsPeru-based Cementos Pacasmayo reported a 7.7 per cent rise in sales volumes of cement, concrete and precast in the 4Q19 due to higher sales to the public sector, El Niño reconstruction, some medium-size private projects as well as self-construction. The higher sales volumes resulted in a 9.8 per cent increase in revenues. Revenues increased 9.8 per cent mainly due to the increase in sales volumes. The company also posted a net income of PEN29.5m. The 52.1 per cent advance in net income i... |
Peruvian demand up 2% in December16 January 2020, Published under Cement NewsPeru’s cement market expanded by 1.6 per cent to 996,000t in December 2019, according to the country’s cement association, Asocem. Cement production increased 1.2 per cent YoY but slipped 1.4 per cent MoM to 916,000t while clinker production fell by 13.3 per cent YoY and 6.3 per cent MoM to 792,000t in December 2019. Total dispatches, which include exports, increased 2.5 per cent to 895,000t when compared with December 2018 but declined 4.4 per cent MoM. In terms of exports, cement volum... |
Peru’s cement demand up 2% in November19 December 2019, Published under Cement NewsThe Peruvian cement market expanded 2.1 per cent YoY in November 2019 with total sales of 1.048Mt (November 2019: 1.026Mt), according to Peru’s cement association, Asocem. Cement production increased three per cent YoY but fell 5.1 per cent MoM to 928,000t in November 2019 while at 845,000t clinker output decreased by 1.1 and 4.1 per cent when compared with November 2018 and October 2018, respectively. Domestic output was supplemented by 66,000t of cement, representing a YoY fall of 35.7... |
Peruvian cement demand sees 7% October uptick28 November 2019, Published under Cement NewsPeru’s cement market expanded by 6.7 per cent YoY in October 2019 as demand reached 1.089Mt when compared with 1.021Mt reported in October 2018, according to the latest data published by the country’s cement association, Asocem. National dispatches increased 6.5 per cent to 1.077Mt from 1.012Mt in October 2018. Cement exports in October 2019 fell 21.9 per cent YoY but rose 9.6 per cent MoM to 16,000t while clinker exports increased 46.9 per cent YoY and 51.3 per cent MoM to 50,000t. Impor... |
Peru's cement demand expected to surpass 12Mt in 202022 November 2019, Published under Cement NewsPeruvian cement demand is forecast to reach 12Mt in 2020, according to Scotiabank. This follows an expected market expansion of five per cent this year on the back of higher private investment, mainly driven by the mining sector. The projection takes into account an increase in public investment by five per cent. In addition, the bank expects private non-mining investment to maintain a similar level as this year. It predicts more dynamism in the retail sector, real estate (with higher sal... |
Cementos Pacasmayo sees 20% rise in revenue24 October 2019, Published under Cement NewsPeru’s Cementos Pacasmayo has seen a 20.2 per cent YoY rise in revenue for the third quarter of 2019, on the back of a 17.6 per cent increase in the sales volume of cement, concrete and precast. Consolidated EBITDA was up 9.9 per cent to PEN111.5m (US$33.3m), while the cement EBITDA margin fell 2.8 per cent to 29.1 per cent. Net income advanced 20.4 per cent YoY to PEN40.2m in the 3Q19. 9M19 As a result of an 11.8 per cent rise in sales for cement, concrete and precast, revenues for th... |
Peruvian market expands 7% in September16 October 2019, Published under Cement NewsPeru’s cement consumption increased 6.5 per cent to 1.035Mt in September 2019 when compared with September 2018, according to Asocem, the country’s cement association. This included 1.02Mt supplied by domestic producers. Cement production increased 7.4 per cent to 943,000t when compared with September 2018 and 0.8 per cent MoM. Clinker output rose 18.4 per cent YoY and 0.2 per cent MoM to 820,000t. In terms of external trade, cement exports declined 29.1 per cent YoY to 14,700t in Septem... |
Cement consumption in Peru expands 6% in August18 September 2019, Published under Cement NewsDemand for cement in Peru has increased 6.3 per cent YoY to 1.052Mt in August 2019 when compared with 0.989Mt in the year-ago period, according to the country’s cement association, Asocem. Domestic dispatches advanced 6.4 per cent to 1.043Mt in August, up from 0.981Mt in August 2018 and 0.982Mt in July 2019. Output from Peru’s cement plants was up 7.5 per cent to 0.965Mt in August from 0.897Mt in the previous-year’s period. In terms of external trade, the country imported 48,300t of cem... |
Unacem 2Q net profit doubles to PEN97m22 August 2019, Published under Cement NewsConsolidated revenues of Peru-based Unacem increased 8.3 per cent YoY to PEN1.041bn (US$308.3m) in the second quarter of 2019 as a result of higher cement and ready-mix volume sales in Peru, higher prices in the USA, increased energy generation and the incorporation of seven newly-acquired ready-mix sites in Chile, said the company. Consolidated EBITDA in the 2Q19 advanced 4.4 per cent PEN302m when compared with the 2Q18 while the second-quarter EBITDA margin slipped to 29 per cent from 30... |
Peruvian cement market expands 9% in July20 August 2019, Published under Cement NewsPeru’s cement consumption increased 9.1 per cent YoY to 983,000t in July 2019 when compared with the previous-year’s equivalent month, which saw demand at 901,000t, according to the country’s cement association, Asocem. Output from Asocem members edged up by 4.9 per cent to 858,000t in July 2019 when compared with an output of 818,000t in July 2018. Domestic supply was supplemented by 52,100t of cement, down 35 per cent YoY from 80,600t in July 2018 while clinker imports disappeared from ... |