Mexico Cement Production Up to 2.77Mt in October

Mexico Cement Production Up to 2.77Mt in October
Published: 01 December 2004

Mexico’s cement production increased 4.79 pct year-on-year in October 2004 to 2.77Mt, according to data of the national cement chamber (Canacem), released on November 29, 2004.  Cement demand in Mexico was supported by the economic reactivation, which boosted the construction industry, and mainly housing construction.   The cement output increase was pushed up by an overall economic stability in the country, as Mexico’s economy registered a record high growth in the third quarter of 2004, of 4.4 per cent.   The cement output of Mexico is expected to rise 4.0 per cent year-on-year, compared to the 34Mt of cement, produced in 2003, Canacem’s director Osmin Rendon said.  In 2005, Mexico’s cement output is expected to rise 3.5 per cent year-on-year.