Cement News tagged under: peru
Peru’s cement market contracts 3% in July24 August 2022, Published under Cement NewsCement dispatches in Peru slipped by three per cent to 1.089Mt in July 2022 from 1.126Mt in July 2021, according to the country’s cement association, ASOCEM. Of this total, 1.036Mt was dispatched by ASOCEM members. Cement production in domestic ASOCEM-affiliated plants edged up two per cent YoY to 1.081Mt in July 2022 from 1.063Mt. Clinker output from these plants advanced six per cent YoY to 0.949Mt in July 2022 from 0.892Mt. Cement exports reached 16,000t in July, down 10 per cent when... |
Cementos Yura sees advance in 2Q domestic and export sales23 August 2022, Published under Cement NewsCementos Yura, Peru, increased domestic cement dispatches by 12 per cent YoY in the 2Q22. In addition, export sales advanced by 22 per cent YoY in the 2Q22 on the back of higher exports to Chile. The company increased its clinker production in the 2Q22 by 35.8 per cent when compared to the year-ago period as cement demand increased and its inventory recovered. |
UNACEM sees contracting 2Q profit margin23 August 2022, Published under Cement NewsPeru-based UNACEM reported a consolidated net profit of PEN110.8m (US$26.7m), up 25.8 per cent YoY, as the company’s revenues increased and interest expenses fell. However, the cost of sales was higher than expected, impacting YoY profit margins. UNACEM’s consolidated revenues reached PEN1429.6m, up 19.8 per cent YoY as cement sales volumes increased in Peru (+13.8 per cent) and the USA (+15.7 per cent) while ready-mix sales volumes were up 54 per cent in Chile and by 34 per cent in the USA... |
Cementos Pacasmayo shows improved 2Q and 1H results26 July 2022, Published under Cement NewsPeru-based Cementos Pacasmayo SAA announced its consolidated results for the second quarter of 2022 and the six months ended 30 June 2022. 2Q22 In the second quarter of 2022 revenues increased 14.1 per cent YoY on the back of an increase in average prices of bagged cement. Sales volumes of cement, concrete and precast declined 1.9 per cent when compared with the peak levels in the 2Q21. Consolidated EBITDA advanced 33.9 per cent YoY to PEN120.5m thanks mainly to higher operating profit.... |
Peru's cement market expands 4% in June18 July 2022, Published under Cement NewsCement consumption in Peru increased four per cent to 1.126Mt in June 2022 from 1.08Mt in June 2021, according to Asocem, the country’s cement association. Of this total, 1.067Mt was dispatched by Asocem members – representing a slight increase when compared with 1Mt in June 2021. Cement production from Asocem members advanced seven per cent YoY to 1.079Mt in June 2022 from 1.007Mt in June 2021. Clinker output was up nine per cent to 0.9Mt in June 2022 from 0.824Mt in June 2021. Asocem m... |
Pisco for Peru12 July 2022, Published under Cement NewsCaliza Cemento INKA is active in the Peruvian cement and concrete sector and has been supplying the country’s central region with cement since 2007. Now the company is looking forward to bringing its Pisco grinding plant online. ICR speaks with Carlos Choy, Caliza Cemento INKA’s CEO. At Cemento INKA’s Caliza plant, the kiln is currently out of action and the plant only operates 0.5Mta of grinding capacity ICR: How did the founding of the company come about in 2002? And what did... |
Peru’s cement demand sees 5% growth in May17 June 2022, Published under Cement NewsPeruvian cement dispatches saw a five per cent uptick in May 2022 to 1.117Mt from 1.066Mt in May 2021, according to the national cement association, Asocem. Cement output from Asocem member companies reached 1.079Mt in May, up seven per cent YoY from 1.010Mt. Clinker production advanced nine per cent YoY to 0.867Mt in May 2022 from 0.795Mt in May 2021. Cement exports surged 75 per cent YoY to 18,000t from 10,000t in May 2021, but clinker exports were 49 per cent down YoY to 35,000t from ... |
Peruvian cement sales expected to show lower growth in 202231 May 2022, Published under Cement NewsWhile 2021 was a positive year for Peru’s cement industry as in increase in demand. "Before the pandemic, there was a notable growth in the construction category (cement, building materials and paints). However, with the arrival of the health crisis, drops of up to 50 per cent were recorded as early as April [2020]. The momentum returned months later, in September, due to the development of the sector and the improvement of homes," said Guadalupe Rosazza, business consultant for the constr... |
Peru sees 10% hike in consumption in April19 May 2022, Published under Cement NewsCement dispatches in Peru increased 10 per cent YoY to 1.086Mt in April 2022 from 0.984Mt in the equivalent period of 2021, according to cement association, Asocem. Domestic cement production by Asocem members in April 2022 edged up by five per cent to 1.023Mt when compared with 0.973Mt in April 2021. Clinker production increased 63 per cent to 0.783Mt in April 2022 from 0.48Mt in the previous year. Cement exports advanced nine per cent YoY to 14,000t in April 2022, but clinker exports f... |
Cementos Pacasmayo posts 44% rise in 1Q net income28 April 2022, Published under Cement NewsPeru-based Cementos Pacasmayo reported a 13 per cent YoY increase in revenues to PEN525.4m (US$137.3m) in the 1Q22, primarily due to the rise in average prices of bagged cement as sales volumes of cement, concrete and precast fell by 5.3 per cent from 933Mt in the 1Q21 to 883.8Mt in the 1Q22. Although the company was impacted by a temporary decrease in sales to reconstruction-related projects and self-construction, the market has seen a pick-up in March. Consolidated EBITDA advanced 21.3... |