Cement production in Mexico rose by 3.35 per cent in the first 10 months of this year, according to preliminary figures released by the national cement chamber (Canacem).
Production in the country, covered by the companies Cemex, Holcim Apasco, Cooperativa Cruz Azul, Corporación Moctezuma, Grupo Cementos de Chihuahua and Lafarge reached a total 28.6Mt in January-October, up 3.35 per cent year-on-year.
The increase in production over the course of the year has been stimulated largely by greater public spending in infrastructure works and housing construction.
Analysts are expecting that demand in the final two months of the year will also be strong thanks to reconstruction works to repair the damage caused by this year’s hurricanes, especially Stan and Wilma in October. Canacem itself expects production for the whole year to be three per cent higher than in 2004.