Pacasmayo expects 5% sales rise in 2015

Peru’s Cementos Pacasmayo is positive about the year ahead as it expects sales to rise by five per cent.

The company’s general manager, Humberto Nadal del Carpio, attributes the increase to the development of several construction projects in the Latin American country. In the north of the country, the Talara refinery, the northern highway and regional projects are predicted to require around 0.5Mt of cement over the next 2-3 years. In addition, around US$90bn of infrastructure projects will generate further demand.