Cement News tagged under: peru
Peru’s cement dispatches fall by 9% in November21 December 2023, Published under Cement NewsCement dispatches in Peru declined by nine per cent YoY to 1.063Mt in November 2023 from 1.166Mt in November 2022, according to the country’s cement association, ASOCEM. Of this total, its members dispatched 0.981Mt, down 12 per cent YoY from 1.119Mt. Domestic cement production fell by 11 per cent to 0.988Mt in November 2023 from 1.114Mt in the equivalent month of 2022. Clinker output was down by nine per cent YoY to 0.843Mt from 0.922Mt in November 2022. Cement exports slipped by six per... |
Cement dispatches in Peru contract 9% in October16 November 2023, Published under Cement NewsCement dispatches in Peru declined by nine per cent YoY to 1.082Mt in October 2023 from 1.189Mt in October 2022, according to Asocem, the country's cement association. Of this total, Asocem members dispatched 1.004Mt, representing a 13 per cent decrease when compared with October 2022. Cement production from domestic cement plants was down 12.6 per cent to 1.023Mt from 1.171Mt. Clinker production fell 13.8 per cent to 0.777Mt when compared with 0.901Mt in the previous-year period. Cement e... |
Cementos Pacasmayo reports 3% EBITDA gain in 3Q2327 October 2023, Published under Cement NewsPeru-based Cementos Pacasmayo has reported a revenue of PEN516.7m in the third quarter of 2023, a 6.7 per cent decline when compared with the 3Q22. Dispatch volumes of cement, concrete and prefabricated products fell by 11.5 per cent YoY. “A contraction in demand was observed due to the stagnation of the execution of public investment, a contraction in the self-construction segment and a slowdown in private investment,” said a report from financial broker Kallpa SAB. Consolidated EBITDA... |
Unacem reports 12% fall in sales in 9M2325 October 2023, Published under Cement NewsPeru-based cement producer Unacem has reported an 11.6 per cent drop in cement production to 4.38Mt in the opening nine months of 2023. Clinker production over the same period declined 7.5 per cent to 4.3Mt. Cement sales over the 9M23 also contracted, down 11.7 per cent to 4.38Mt YoY, with a 13.8 per cent YoY contraction seen in the 3Q23. However, this did mark a 6.2 per cent increase compared to the previous quarter. Unacem’s revenue over the 9M23 came in at PEN2.04bn (US$526m), down s... |
Peruvian cement demand down 12% in September19 October 2023, Published under Cement NewsThe Peruvian cement market contracted by 12 per cent to 1.063Mt in September 2023 from 1.21Mt in September 2022, according to the national cement association, ASOCEM. Of this total, 0.995Mt were supplied by ASOCEM members. Cement production fell by 16 per cent to 0.996Mt in September 2023 when compared with 1.19Mt in September 2022. Clinker production slipped by two per cent YoY to 0.818Mt in September 2023 from 0.831Mt. Cement exports were down 19 per cent to 12,000t in September 2023 f... |
Peru’s cement market contracts by 10% in August18 September 2023, Published under Cement NewsCement dispatches in Peru declined by 10 per cent YoY to 1.089Mt in August 2023 from1.211Mt in August 2022, according to the country’s cement association, ASOCEM. Of this total, ASOCEM members supplied 1.015Mt, down from 1.167Mt in August 2022. Non-members dispatched 74,000t, up from 44,000t in August 2022. However, when compared with July 2023, dispatches were up six per cent. Cement production in member plants was down 12 per cent YoY to 1.011Mt in August 2023 from 1.145Mt in the year-ag... |
UNACEM to acquire Tehachapi plant25 August 2023, Published under Cement NewsPeru-based Grupo UNACEM is buying the 0.9Mta Tehachapi cement plant in California, USA, from Martin Marietta Materials Inc for US$317m. "The acquisition of Tehachapi represents an opportunity to strengthen our presence in the Southwest US market," said Pedro Lerner, CEO of Grupo UNACEM. "If this transaction is approved, the United States would become the second country in terms of installed capacity for the UNACEM Group and also as a generator of revenues and EBITDA, after Peru. It is a... |
Yura to enable lime production at Arequipa plant23 August 2023, Published under Cement NewsPeru-based Cemento Yura , owned by Grupo Gloria , plans to enable its No 2 kiln at its Arequipa plant to produce 400tpd of lime, according to ProActivo. The modifications to the plant are expected to cost PEN4.7m. “The project will make the operation of the Kiln 2 production line more flexible, so that, with minimal changes and depending on the needs of the mining industry, it will be able to produce clinker or lime from limestone as raw material” Yura explained. The change to the line ... |
Unacem sees 9% advance in 2Q revenues21 August 2023, Published under Cement NewsPeruvian Unacem Group saw a nine per cent increase in its 2Q revenues to PEN1559m (US$419.8m) in the 2Q23. The advance was attributed mainly to the incorporation of thermo-electric company Termochilca last May. In the core cement and ready-mix concrete businesses, sales volumes in Peru and Chile fell with sales in Peru, down 13.2 per cent YoY. "The incorporation of Termochilca and higher sales prices in all units helped to offset the sharp drop in cement dispatches in Peru, which was af... |
Peru's cement market contracts 7% in July16 August 2023, Published under Cement NewsPeruvian cement dispatches fell by 6.5 per cent to 1.013Mt in July 2023 when compared with July 2022 when dispatches stood at 1.084Mt, according to the country’s cement association, ASOCEM. Of this total 0.958Mt was delivered by ASOCEM members, with 0.055Mt supplied by non-members. Domestic cement output was down 8.9 per cent YoY to 0.985Mt in July 2023 from 1.081Mt. Clinker production fell by 34.2 per cent YoY to 0.624Mt in July 2023 from 0.949Mt. When compared with July 2022, cement ex... |