Cement News tagged under: peru
Peru sees fall in April cement dispatches19 May 2017, Published under Cement NewsPeru’s cement dispatches fell 10 per cent to 0.73Mt in April when compared with April 2016, when 0.811Mt were delivered, according to the country's cement producers' association, Asocem. Domestic deliveries reached 0.699Mt in the fourth month of the year, down 10.5 per cent YoY. Cement exports rose five per cent MoM to 31,000t and clinker exports stood at 59,000t. In terms of domestic demand (domestic deliveries plus imports), the fourth month of 2017 saw a 12.8 per cent YoY decline t... |
Vietnam April exports up 6.7%19 May 2017, Published under Cement NewsVietnam exported more than 1.9Mt of cement and clinker, reflecting an export value of US$67.4m, according to the country’s Customs Department. This represents a YoY increase of 6.7 and 7.6 per cent, respectively. In the first four months of the year, the country exported 6.7Mt of cement and clinker, up 12.8 per cent YoY. In terms of value a 7.9 per cent rise to US$235m was reported. Bangladesh and the Philippines were the largest importers, accounting for 37 and 32 per cent, respectively o... |
Pacasmayo's volumes impacted by El Niño effect26 April 2017, Published under Cement NewsPeruvian producer Cementos Pacasmayo SAA and its subsidiaries saw revenues decrease by 9.3 per cent and sales volumes of cement, concrete and blocks fell by 12.2 per cent primarily due to landslides, flooding and heavy rain, in the north of Peru since mid-February associated with El Niño. The gross margin of 40.3 per cent was up 3.3 percentage points due to operational efficiencies despite lower sales volumes and increased depreciation. The Cement EBITDA margin of 29.9 per cent was up 1... |
Peru: cement companies feel impact of El Niño25 April 2017, Published under Cement NewsCement producers in Peru have started to feel the impact of El Niño, according to Credicorp Capital. Between January and March, cement dispatches have fallen seven per cent. Cementos Pacasmayo is expected to see the highest drop in volumes even though its plant has not been damaged by the landslides. Lower construction activity is envisaged to affect Pacasmayo revenues by 10 per cent in the first quarter. While Unacem continues to ship cement from its Atocongo works, demand is expecte... |
Peru: cement demand and exports fall but output stable18 April 2017, Published under Cement NewsCement consumption in Peru saw a six per cent YoY fall but recorded a 1.4 per cent MoM rise, according to Asocem, the country’s cement association. Demand reached 0.747Mt, down from 0.795Mt in the third month of 2016. Domestic cement output remained stable, edging up 0.4 per cent YoY and by 2.9 per cent MoM, to 0.788Mt from 0.785Mt in March 2016. Following a 16 per cent YoY increase in February, Peru’s cement exports contracted by four per cent in March. When compared with March 2016, wh... |
Vietnam 1Q exports rise 11% YoY18 April 2017, Published under Cement NewsVietnam exported 4.82Mt of cement and clinker worth US$168.65m in the first quarter of this year, representing 11 per cent increase YoY in volume and 6.4 per cent in value, according to the latest data of the General Department of Vietnam Customs. In March the country’s clinker and cement exports rose 7.8 per cent from February in volume and 7.6 per cent in value to 1.8Mt worth US$62.67m, the Xay Dung online newspaper quoted the government department as saying. Bangladesh remained the ... |
Peru: Unacem sees sales slip 4.3% in 201621 March 2017, Published under Cement NewsUnacem sales fell 4.3 per cent in 2016 to PEN1865m in 2016. In Ecuador, its subsidiary Unacem Ecuador sold 1.2Mt of cement at a value of US$153.2m. In the US Drake Cement in Arizona sold 546,000st or US$83m. The Peruvian cement company produced 3.4Mt of cement at its Atacongo works near Lima and 1.7Mt at the Condorcocha works in Junín. The company’s total output accounted for around 53 per cent of national demand. Shipments were mostly bagged cement, which accounted for 77 per cent of the... |
Peru sees 7% drop in domestic sales in February 201716 March 2017, Published under Cement NewsPeru's cement market contracted 6.9 per cent YoY with sales of 0.737Mt in February, according to Asocem, the country's cement producers' association. Output from Unacem, Cementos Pacasmayo and Cementos Yura reached 0.766Mt, 6.9 per cent below the 0.822Mt produced in February 2016. Domestic production was supplemented with 75,200t of cement, up 71 per cent YoY, mainly Vietnam and China. Vietnam shipped some 44,298t at an average price of US$66.28/t CIF, increasing volumes by one per ce... |
Peru: Cementos Yura Q4 profit falls by 20%22 February 2017, Published under Cement NewsCementos Yura has announced that its profits for4Q16 were down by 20.1 per cent YoY to PEN40.2m (US$12.4m), reports Business News Americas. The firm saw sales revenues fall by 3.3 per cent, while administrative costs more than doubled as the firm paid a PEN25.7m penalty for cancelling a contract with a supplier. Cementos Yura was also negatively affected by foreign exchange fluctuations. While local sales were little changed YoY at 0.61Mt, exports fell by 14.8 per cent to below 0.1Mt. ... |
Peru: Cementos Pacasmayo sees 13% drop in sales in 4Q1615 February 2017, Published under Cement NewsPeru's Cementos Pacasmayo saw its cement, concrete and blocks sales decline by 12.7 per cent YoY in 4Q16. However, there was extraordinary spending associated with El Niño prevention in the quarter. Compared to 3Q16 sales volumes increased. Revenues decreased 9.8 per cent YoY to PEN316.7m (US$97.2m) while consolidated EBITDA fell 20.4 per cent YoY to PEN88.8m. The fall in EBITDA has been attributed by higher fixed costs, resulting from the lower sales volumes, as well as one-off expenses ... |