Cement News tagged under: peru
Cementos Yura opts for another Loesche mill, Peru01 May 2013, Published under Cement NewsPeruvian cement producer Cementos Yura has placed an order with Loesche America Inc for a clinker/additives grinding plant to installed at its Arequipa plant, Peru. Based on good and long-term experience with an existing Loesche Mill Type LM 56.2+2 C/S, Yura has once again selected this type of vertical roller mill to be installed at the plant, which is situated 2600m above sea level. The mill will be part of a clinker/pozzolana dry-grinding plant for which Loesche is supplying the main mec... |
Cementos Pacasmayo 1Q13 cement sales rise 6.5 per cent30 April 2013, Published under Cement NewsPeruvian cement producer Cementos Pacasmayo reported a sales increase of 6.5 per cent in the first quarter of 2013. Net income rose 13 per cent in the first quarter to PEN45.1m compared to PEN39.9m (US$17m) in the same period of last year. Cement EBITDA rose by 15.1 per cent in the three months to the end of March 2013 reaching PEN84.5mm compared to PEN73.4m in 1Q12. Consolidated adjusted EBITDA margin went from 25.8 per cent in 1Q12 to 27.9 per cent in 1Q13. On February 1, 2013, the Com... |
Peru first-quarter dispatches up 10.8%23 April 2013, Published under Cement NewsCement dispatches from the Peruvian market reached 2,476,577t in the first quarter of 2013, representing a YoY rise of 10.8 per cent on the same period of last year (2,235,485t). Of the total dispatches in the first quarter of this year, 2.42Mt were destined for the domestic market while cement exports accounted for the remaining 55,204t. Production during the January-March 2013 period was 2,503,842t, 12 per cent higher than the 2,235,485t recorded in the same period of 2012. In Mar... |
Cementos Pacasmayo full year sales rise 16.6%, Peru22 February 2013, Published under Cement NewsPeruvian cement producer Cementos Pacasmayo’s reported that cement sales volume increased by 16.6 per cent in 2012 compared to 2011, and 14.2 per cent in 4Q12 compared to 4Q11. Cement EBITDA increased 7.9 per cent in 2012 to PEN292.1m, and 11.7% in 4Q12 to PEN78.3m. Net income increased 134.9 per cent in 2012 compared to 2011 (PEN159m versus PEN67.7m), and 41 per cent in 4Q12 compared to 4Q11 (PEN 39.9m compared to PEN28.3m). Earlier this month, Fitch Ratings has assigned the followin... |
Cementos Lima fine US$2.2m for unfair trade practices08 February 2013, Published under Cement NewsPeru’s leading cement producer, Cementos Lima, has been fined PEN5.7m (US$2.24m) for unfair trade practices. The penalty was imposed by Indecopi, the country’s Institute for Competitiveness and Protection of Intellectual Property, as it accused the cement maker of refusing to sell its product to retail outlets that also offer Quisqueya cement, produced by Cemex. |
Fitch Assigns Initial 'BBB-' IDR to Cementos Pacasmayo SAA04 February 2013, Published under Cement NewsFitch Ratings has assigned the following initial ratings to Cementos Pacasmayo: Foreign currency Issuer Default Rating (IDR) 'BBB-'; Local currency IDR 'BBB-'. The Rating Outlook is Stable. Fitch says the ratings reflect the company's solid business position, as the only cement producer in Peru's northern region. Pacasmayo's position has resulted in high margins, low leverage and solid liquidity. The small size of the cement market in the north, as well as the difficulty of logistics in t... |
Bolivia expects to double cement imports in 201301 February 2013, Published under Cement NewsState-owned Insumos Bolivia (IB) expects to double the import of Peruvian Yura cement this year from 1.3m bags in 2012 to 2.5m bags, or 5.9Mt, in 2013. IB director general, Oscar Sandy, said there are a number of possible agreements in the pipeline that would require substantial volumes of cement. Firstly, IB hopes to conclude a deal with the Misicuni company to construct a dam in Cochabamba. The project would require 150,000 bags in the first half of the year. In addition, within the fra... |
Latin America market movements21 January 2013, Published under Cement NewsThree major Latin American countries, Brazil, Peru and Argentina, released full-year consumption figures for 2012 this week with two showing YoY gains while demand in the third faltered. Brazil With Brazil's economy continuing its lull, construction activity is expected to have grown by five per cent last year, thus underperforming its significant potential. Fundamentally, the opportunities for the construction sector are immense given the country's housing and infrastructure needs and... |
Peru’s cement shipments increase 15% in 201216 January 2013, Published under Cement NewsCement deliveries in the Peruvian market reached 9,571,920t in 2012, a 15.4 per cent rise when compared with 2011, according to cement manufacturers’ association Asocem. Exports more than doubled from 67,512t to 200,485t despite a buoyant domestic market. As a result, total cement dispatches expanded by 16.9 per cent to 9,772,404t from the previous year’s 8,361,633t. Senior analyst at the Economic Research Department of Scotiabank, Pablo Nano, said the increased sales of cement in Per... |
Peru Jan-November cement deliveries up 16.62%18 December 2012, Published under Cement NewsDomestic cement shipments in Peru jumped 16.62 per cent to 8.756Mt in the first 11 months of 2012, according to the Peruvian Association of Cement Producers (Asocem). Production followed suit with a 16.72 per cent increase to 8.979Mt. Meanwhile, cement exports in the January-November 2012 period grew by 200.18 per cent YoY to 173,198t. Cement production in Peru reached 8.98Mt in the first 11 months of 2012, rising by 16.7 per cent compared to the same period in 2011. Production in November... |