Peru's Invercem plans expansion

Peru's Invercem plans expansion
05 March 2018

Peruvian cement producer Inversiones en Cemento (Invercem) plans the construction of cement plants in Pisco and Ayacucho, according to its founder Victor de La Torre. The new works in Pisco will have a capacity of 0.22Mta while the Ayacucho facility will have an output potential of 0.45Mta

The firm will invest US$18m into a 0.22Mta cement plant in Trujillo, where it currently operates a packing plant. At present it imports cement from China-based Anhui Conch Cement Co, selling it under the Qhuna brand. In February, the company sold 130,000 bags of cement in Peru but expects to increase sales following the opening of the new plant.

The new plant is being shipped from Spain and is scheduled to arrive in Peru in April 2018 with commissioning expected 4-5 months later.

Invercem is present in the north of the country, where it competes with Cemento Pacasmayo but expects to expand across the country in the long term. At present, it is able to sell 550,000 bags per month. In addition to the Trujillo works it has a 0.5Mta mill in Manchay.

Published under Cement News