Peru’s Cementos Lima sees 2007 sales up 13-4%

Peru’s Cementos Lima sees 2007 sales up 13-4%
Published: 11 December 2007

Peru’s largest cement producer, Cementos Lima SA, expects its sales to be between 13% and 14% higher this year than last year, director general Carlos Ugas said.  
 
He also said growth of between 10% and 12% is expected to continue for at least two more years.  
 
His made the comments in an interview published by the company on the Web site of the Peruvian securities regulatory agency Monday.  
 
Cementos Lima said cement production in 2006 totaled 2.58Mt. For the first three quarters of this year, cement production totaled 1.87Mt.  
 
It also produced 2.65Mt of clinker in 2006 and 2.2Mt of clinker in the first three quarters of this year.  
 
Peru’s construction sector is growing at a strong pace, creating robust demand for cement.