Displaying items by tag: Peru

US: Denmark-based FLSmidth has appointed George Conners Delgado as Sales Manager Americas – Pyro & Grinding Technologies. This follows his previous roles at the company based in Peru, where he became Sales Manager - Pyro-process Division - South & Central America in 2022. Before this, Delgado worked for ThyssenKrupp as a Service Sales Engineer in Peru and as a Project Engineer for Relansa in Venezuela.

Peru: Cementos Pacasmayo’s sales fell by 9.1% year-on-year to US$371m during the first nine months of 2023. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) fell less sharply, by 2.9% to US$93.6m. The producer stated that lower costs partially offset the drop in sales. Its net income was US$34.4m, down by 3.6%.

Peru: Cemento Yura has announced plans to expand its cement plant in Arequipa. Luis Diaz, vice-president of the Cement, Concrete and Lime Division of Gloria Group, the parent company of Cemento Yura, announced the plans during the Perumin 36 Mining Convention, which also took place in Arequipa on 26 - 29 September 2023.

Speaking to the Gestión newspaper, Diaz revealed that Yura is finalising a project to double its capacity. The plant currently has a capacity of 3Mt/yr, most of which is produced by its largest line, Line 3. The new line will cost US$132m and have a capacity of 3Mt/yr.

Diaz reported that engineering studies were complete and that environmental impact permits were in the process of being acquired. No additional area will be required for the new line, which is expected to be operational in 2027.

Peru: The Central Reserve Bank of Peru expects national cement consumption to fall by 3.7% in 2023. The Gestión newspaper has reported that demand declined month-on-month over seven successive months up to August 2023. It fell by a double-digit figure year-on-year in the first half of 2023. In August 2023, imports of cement declined by 95% month-on-month, to 2000t from 38,000t.

Peruvian Chamber of Construction executive director Guido Valdivia said "The first factor to consider is El Niño. If it starts in November 2023, it will affect construction output in 2023; if it is postponed to 2024, we expect a drop of only 3.3% in 2023.″ The Peruvian Property Developers’ Association (ASEI) forecast a 4% drop in construction output in 2023, followed by growth of 3.2% in 2024.

Grupo Gloria’s vice president, cement, concrete and lime, Luis Díaz told investors that the gap between Peruvian cement production and consumption will close ‘substantially’ during the remaining months of 2023, due to raised demand from infrastructure projects.

Peru: Switzerland-based Maerz has received an order from UNACEM (Unión Andina de Cementos) to supply a 600t/day PFR lime kiln. The kiln will be built and operated jointly at Tarma by UNACEM and Mexico-based lime producer Calidra Group. UNACEM already runs its integrated Condorcocha cement plant in Tarma. The supplier says that the kiln will be ready to install future CO₂ capture technologies due to airtight sealed charging and discharging systems. It will also save up to 20% of electrical energy compared to conventional rotary piston blowers by using high-pressure fans to provide the process air.

Planning is underway for the project and is expected to be completed by the end of 2023. Maerz’ scope of supply will include the petroleum coke firing system, skip winch, charging and discharging systems, high-pressure fans, hydraulic unit and control system. According to the schedule, commissioning should take place in the first half of 2025.

Peru: Cementos Pacasmayo's consolidated sales declined by 12% year-on-year in the first half of 2023. The company recorded a general decline in its cement and concrete volumes of 18%. It said that its earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 5.9% to US$64.8m.

Peru: Cementos Inka has announced the successful commissioning of its new 800,000t/yr Pisco grinding plant. The new plant is equipped with Christian Pfeiffer grinding and separation equipment. El Comercio News has reported that the producer invested US$55m in the plant. This exceeded previous budgets by 15 - 22%, due to coronavirus-related costs rises. This latest commissioning triples Cementos Inka's installed capacity to 1.2Mt/yr. General manager Carlos Choy estimated that the producer's market share has risen to 10% from 3.9%.

Choy said that the producer's next project will be the construction of a 1 - 1.5Mt/yr kiln line to produce clinker at the site.

Peru: UNACEM Peru said that it reduced its CO₂ emissions per tonne of cement by 2.7% year-on-year during 2022. Throughout the year, the company reduced its electricity consumption by 3.4%. It sourced 90% of its electricity from renewable sources and met 70% of its fuel needs with natural gas. UNACEM Peru is committed to reaching carbon neutral cement production by 2050.

In terms of community engagement, the producer benefitted 76,700 people through its social infrastructure investments and 14,1000 people through its dialogue space initiatives, and provided its remote health guidance service to 3000 people.

Peru: Unacem and Grupo Calidra have received clearance from the National Institute for the Defense of Competition and Protection of Intellectual Property (Indecopi) to launch a joint venture in the lime sector. Carretera News has reported that the new company will establish a 600t/day lime plant, at an investment cost of US$40m. The partners expect to commission the plant in early-mid 2025. Unacem, which holds a 51% stake in the venture, has reported that it and Grupo Calidra will fund the growth from a combination of their own finances and bank loans.

Peru: Invercem has successfully commissioned its new 220,000t/yr Pisco grinding plant in Ica Department. Management News has reported that the plant cost US$30m to build. Cemex Peru will supply clinker for use in cement production at the plant. Invercem plans to supply cement produced at the plant to the Cusco market under the Patrón brand. The company says that the facility has the potential to further expand up to a capacity of 330,000t/yr. In the longer term, Invercem aims to establish an integrated cement plant and limestone mine.