Peru Cement Output Rise 13 per cent YoY 2006

Peru Cement Output Rise 13 per cent YoY 2006
23 January 2007

Peru’s cement output rose 13 per cent to 5.68Mt in 2006, the country’s Association of Cement Companies (Asocem) said. 
Annual domestic sales went up by 16 per cent to 5.08Mt and exports improved by 6.2 per cent to 630,000t. 
In December 2006 alone, the cement production in Peru stood at 494,296t, as 459,505t were sold on the domestic market and 234t were exported. 
The higher cement demand in the country was mainly a result of the increased housing construction, Daniel Cordova, analyst at the Peruvian unit of Canadian Bank of Nova Scotia (Scotiabank), said. The construction of trade and office buildings as well as the infrastructure projects, carried out in the country, contributed to the higher demand. 
Cordova forecasts a growth of between 12 and 13 per cent YoY in cement demand for 2007. 

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