The cement sector in Peru is dominated by six players, Cementos Lima, Pacasmayo, Andino, Yura, Sur and Selva. The most important of the six is Cementos Lima (with its Sol and Atlas brands): the group boasted 38.2% of the year-2007 market nationally, according to the local Asociacion de Productores de Cemento, selling 2.57 million m tons, almost twice as much as Pacasmayo, the second leading firm.
Cementos Lima, aged 92, has its brands distributed by La Viga, a firm which notes that the majority of sales are for home-building, the vast majority sold in 42.5-kilo bags. Lima had recourse to an advertising agency for the first time just last year, asking Mayo to transform generic products into brands. In 2007, Cementos Yura, the fourth player in the industry with a 15.9% market share, invested just US$469 in advertising (on one magazine advert). Lima spent almost 1,000 times more as it prepared for battle with Latinamerican Trading, the name behind which Cemex of Mexico has entered the market.
Publication: SABI - Business News
Provider: South American Business Information
Date: September 5, 2008
Showing posts with label Cement. Show all posts
Showing posts with label Cement. Show all posts
11/23/07
Cimpor to invest US$125mn in cement production plant
Portuguese cement company Cimentos de Portugal (Cimpor) will invest US$125mn in the construction of a cement plant in southwestern Peruvian department Arequipa, Cimpor reported in a release.
The initiative will be carried out through the company's Peruvian subsidiary, Cimpor Inversiones, which has purchased 80% of the company Cementos Otorongo for 57mn soles (US$18.8mn).
It was Cementos Otorongo that, at the time, was developing the cement project. The company has enough raw material to produce cement and clinker, and has all the permits needed to build and operate a plant of this kind in Arequipa.
The plant's capacity will reach 650,000t annually, being able to cover 10% of Peru's cement consumption. It will initially sell only to the domestic market, but plans on exporting in the future.
The facility is expected to become operative in two years.
Besides Portugal, Cimpor also has operations in Spain, Turkey, China, Egypt, Mozambique, Morocco, Brazil and South Africa.
Publication: Business News Americas - English News
Provider: Business News Americas
Date: November 23, 2007
The initiative will be carried out through the company's Peruvian subsidiary, Cimpor Inversiones, which has purchased 80% of the company Cementos Otorongo for 57mn soles (US$18.8mn).
It was Cementos Otorongo that, at the time, was developing the cement project. The company has enough raw material to produce cement and clinker, and has all the permits needed to build and operate a plant of this kind in Arequipa.
The plant's capacity will reach 650,000t annually, being able to cover 10% of Peru's cement consumption. It will initially sell only to the domestic market, but plans on exporting in the future.
The facility is expected to become operative in two years.
Besides Portugal, Cimpor also has operations in Spain, Turkey, China, Egypt, Mozambique, Morocco, Brazil and South Africa.
Publication: Business News Americas - English News
Provider: Business News Americas
Date: November 23, 2007
9/24/07
Cementos Pacasmayo invests USD 150 mln
Cement manufacturer Cementos Pacasmayo plans to expand production to meet the demand of the construction market. According to its general manager, Lino Abram Caballerino the company is studying a project to expand capacity of Portland cement in Pacasmayo (La Libertad). The project will demand investments of USD 150 million until 2011. In 2007, the company already invested USD 40 million for the same purpose. Cementos Pacasmayo is a subsidiary of Hochschild group. BIS - Business Information Systems
Publication: BIS - Business Information Systems
Provider: Business Information Systems
Date: September 24, 2007
Publication: BIS - Business Information Systems
Provider: Business Information Systems
Date: September 24, 2007
9/12/07
Peruvian Yura Plans $85 Mln Investment for 2007-2009
Peruvian cement company Yura will invest $85 mln (61 mln euro) in increasing its clinker output by more than twice over the period 2007 to 2009, Yura said on September 11, 2007.
Yura will increase the annual capacity of its clinker production line to 1.2 million tonnes, up from the current 590,000 tonnes. Thus the company will consolidate its position in the national industry.
Over the period 2005 to 2006 Yura invested $28 mln (20 mln euro) in equipment acquisition and improvement of its environmental control systems. It increased its cement grinding capacity with the installation of a vertical roller mill of German capital goods maker Loesche GmbH. It renewed its quality management system certificate ISO 9001:2000 and the environmental certificate ISO 14001:2004.
Yura is part of Peruvian industrial conglomerate Grupo Gloria SA (www.grupogloria.com.pe). Yura produces and sells cement, ready mixed concrete and aggregates, and lime. It supplies products principally to the construction and mining industries.
Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: September 12, 2007
Yura will increase the annual capacity of its clinker production line to 1.2 million tonnes, up from the current 590,000 tonnes. Thus the company will consolidate its position in the national industry.
Over the period 2005 to 2006 Yura invested $28 mln (20 mln euro) in equipment acquisition and improvement of its environmental control systems. It increased its cement grinding capacity with the installation of a vertical roller mill of German capital goods maker Loesche GmbH. It renewed its quality management system certificate ISO 9001:2000 and the environmental certificate ISO 14001:2004.
Yura is part of Peruvian industrial conglomerate Grupo Gloria SA (www.grupogloria.com.pe). Yura produces and sells cement, ready mixed concrete and aggregates, and lime. It supplies products principally to the construction and mining industries.
Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: September 12, 2007
8/31/07
Peruvian Pacasmayo To Export Portland Cement, Lime to Pacific Countries
Peruvian cement producer Cementos Pacasmayo will use the limestone and diatomite deposits in Bayovar in the northwestern region of Piura to produce Portland-type cement and lime for export to the Pacific countries, Pacasmayo said on August 29, 2007.
Pacasmayo will produce both white and gray Portland cements. Pacasmayo was awarded the project by Peruvian state investment promotion agency ProInversion.
Pacasmayo will carry out some exploration work at the deposits over the next 18 months, Pacasmayo's CEO, Lino Abram, said.
The company's cement manufacturing plant in Pacasmayo in the western region of La Libertad is being supplied with limestone from the deposit Tembladera, located in La Libertad. The company owns other limestone deposits in Bayovar, but the deposits awarded now are with higher purity, which allows the production of white Portland cement and lime.
Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: August 31, 2007
Pacasmayo will produce both white and gray Portland cements. Pacasmayo was awarded the project by Peruvian state investment promotion agency ProInversion.
Pacasmayo will carry out some exploration work at the deposits over the next 18 months, Pacasmayo's CEO, Lino Abram, said.
The company's cement manufacturing plant in Pacasmayo in the western region of La Libertad is being supplied with limestone from the deposit Tembladera, located in La Libertad. The company owns other limestone deposits in Bayovar, but the deposits awarded now are with higher purity, which allows the production of white Portland cement and lime.
Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: August 31, 2007
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