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News Cementos Pacasmayo increases sales in 2021

Cementos Pacasmayo increases sales in 2021

Written by Global Cement Staff 21 February 2022
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Peru: Cementos Pacasmayo recorded full-year sales of US$519m in 2021, up by 49% year-on-year from US$348m in 2020. Sales exceeded pre-Covid levels of US$373m in 2019 by 39%. The company’s profit for the year was US$41m, more than double its profit of US$15.5m in 2020 and up by 16% from US$35.4m in 2019.

The Semana Económica newspaper has reported that Cementos Pacasmayo aims to maintain its 2021 full-year cement sales volumes in 2022. The company is in the process of a US$70m, 600,000t/yr clinker capacity expansion in order to increase its clinker capacity to 100% of its grinding capacity, from 61% currently. This will eliminate the producer’s reliance on clinker imports.

Last modified on 23 February 2022
Published in Global Cement News
Tagged under
  • Peru
  • Cementos Pacasmayo
  • Results
  • Clinker
  • Import
  • Expansion
  • Investment
  • Grinding
  • GCW545

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