Cement News tagged under: peru
Peru’s Cementos Pacasmayo net profit up 4.1%30 October 2013, Published under Cement NewsCementos Pacasmayo saw its net income increase by 4.1 per cent to PEN48.8m (US$17.6m) in the third quarter compared to the same period of 2012. Consolidated EBITDA rose by 17.6 per cent YoY to PEN90.2m. In the first nine months of the year, net income advanced 0.5 per cent YoY despite a weak 2Q13. Consolidated EBITDA registered a 28 per cent rise. In terms of cement sales, Pacasmayo noted a 3.5 per cent increase YoY with output up 3.3 per cent YoY. Cementos Pacasmayo is the secon... |
Pacasmayo kicks off construction of new plant, Peru24 October 2013, Published under Cement NewsCementos Pacasmayo has started construction of its new 1.6Mta plant in Piura to meet growing housing and infrastructure requirements in the north of the country. "We have already started the construction of this plant. We have laid the foundation earlier this month. At the moment we are comfortable with the schedule and we are thinking that in the first half of 2015 should start and cement production,” Humberto Nadal, CEO of Cementos Pacasmayo told El Comercio news. The new plant will i... |
Jan-August cement dispatches in Peru rise 9.9%20 September 2013, Published under Cement NewsCement shipments in the Peruvian market totalled 6.701Mt between January and August 2013, reflecting a 9.87 per cent increase YoY, according to the country’s cement association, Asocem. Cement production during the period was 6.847Mt, up 9.81 per cent from 6.236Mt recorded in Jan-Aug 2012. Exports in August reached 125,027t, noting a significant advance of 36 per cent YoY. In August 2012, Peru’s cement producers exported 91,834t. Roberto Flores of the research house Inteligo Broke... |
Peru: cement shipments rise21 August 2013, Published under Cement NewsPeru's ASOCEM cement association reports that in July its members delivered 88,277t of cement in the domestic market. The January to July shipments are up YoY for the same period by 11 per cent rise, while a total of 16,349t of cement were also exported during July 2013. |
Peruvian seven-month dispatches rise 10.8%16 August 2013, Published under Cement NewsCement deliveries in Peru increased by 10.8 per cent YoY to 5,785,150t between January and July 2013, according to the country’s cement association, Asocem. Output from Asocem-affiliated cement plants also saw an upward trend to 5,911,497t, representing a 10.9 per cent rise when compared with the same period the previous year. Exports in Jan-Jul reached 108,620t, up 42.8 per cent against the Jan-Jul 2012 figure of 76,058t. |
Pacasmayo boosted by northern projects, Peru06 August 2013, Published under Cement NewsCementos Pacasmayo, a leading Peruvian cement company, reported a 9.1 per cent increase in cement sales volumes for the 2Q13 as it benefits from strong demand in the northern region. During the second quarter, consolidated EBITDA rose 60 per cent to PEN91.5m (US$32.8m) compared to PEN57.2m in the same period the year before. Operating profit increased 72.9 per cent in 2Q13 to PEN77.8m compared to 2Q12. However, net income fell 21.7 per cent in the second quarter to PEN 23.4m, mainly due ... |
Peru’s cement market expands 11.4% in 1H1316 July 2013, Published under Cement NewsDomestic cement dispatches in Peru totalled 4,904,873t in the first half of 2013, representing an increase of 11.42 per cent when compared with 1H12, according to Peru’s cement producers’ organisation, Asocem. Cement production in the Jan-Jun period reached 5,020,162t, up 12.1 per cent YoY from 4,478,151t. June proved an excellent month for exports as local cement producers shipped 92,271t of cement across the country’s borders, noting a 37.4 per cent rise YoY. |
Peru's five-month cement deliveries rise 12.7%28 June 2013, Published under Cement NewsIn May, Peru’s Asocem members delivered 832,648t of cement to the domestic market and exported 12,460t. For the year to-date, deliveries increased by 12.7 per cent YoY. |
Bío Bío and Votorantim to start work on Peruvian plant25 June 2013, Published under Cement NewsAfter two years, Chile’s Cementos Bío Bío and its Brazilian partner Votorantim have successfully obtained all permits to build their first plant in Peru, representing an investment of US$160m. In the past few weeks, the tender details for the equipment needed and the financing arrangement have been worked out. Hernán Briones, president of Bío Bío said funding would come from the cement company’s cash flow and rejected the possibility to emit shares or to realise a raise in capital. Wor... |
Peruvian dispatches see double-digit gains21 May 2013, Published under Cement NewsTotal cement dispatches by members of Peruvian cement association Asocem reached 3,345,226t in the first four months of this year, rising 12.42 per cent YoY. Domestic dispatches during the period amounted to 3,276,329t , showing a rise of 13.25 per cent on the same period of last year. ??Cement exports, meanwhile, were 68,897t (+41.69 per cent YoY). Production over the four months was 3,344,008t, up 13.15 per cent YoY. In April alone, total dispatches were 868,649t , of which domestic... |