The transaction is valued at US$315 million and contributes to the consolidation of the regional presence of the Peruvian industrial group. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Thursday, November 2? Bonus of S/600 to public workers will be paid in November, […]
Tag: cement
Construction sector would only recover in the second quarter of 2024, according to Scotiabank
Scotiabank projected that the construction sector would recover only in the second quarter of 2024, after the 9.6% drop in August of this year that contracted the sector 9% in the first eight months. According to the bank, the results were below initial expectations, especially due to the low consumption in that period of cement […]
Domestic cement consumption falls 16.10% in April 2023
In April of this year, the internal consumption of cement fell by 16.10%, compared to the same month in 2022, according to the Current Status of Economic Activity from the National Institute of Statistics and Informatics (INEI). This is the fourth month of the year that this index has recorded a double-digit drop. This setback […]
Construction would have fallen more than 10% in the first quarter
The construction it is the economic sector with the worst performance so far this year. In the first quarter, its production contracted 11.5%, according to the National Institute of Statistics and Information (INEI). Only in March it fell 12.4%, its lowest result since July 2020 (-12.8%). The negative trend would have continued in April, with […]
Mexican Cemex says it will continue raising its prices in 2023
The Mexican cement factory cemexone of the largest in the world, said Monday during an earnings call that it will continue with its pricing strategy and continue to increase prices in 2023. Earlier in the morning, the company reported losses in the last quarter of 2022, despite having increased its total revenue through higher prices […]
Executive goes for a new peso for cement bags
The Ministry of Labor and Employment Promotion (PEMT) has started a series of technical roundtables with construction unions and companies to lower the weight of the stock market cement from 42.5 to 25 kg, in compliance with an occupational health standard unknown by previous governments. Whoever weighs 42.5 kg has a reason. At the beginning, […]
Civil construction: government seeks to set the load of cement bags at 25 kilos
The head of the Ministry of Labor and Employment Promotion (MTPE), Betsy Chavez and his counterpart from the Ministry of Production (Produce), George Pradomet this Thursday to create the immediate call for a Multisectoral Group that seeks to regulate the limitation of cement containers up to a maximum of 25 kilos for the integrity of […]
Concrete, the world’s third largest emitter of greenhouse gases
If all the concrete that is used in the world as a producing country of greenhouse effect emissions, it would be the third most polluting, behind China and the United States. Why is it said that concrete and cement have the worst carbon balance in the industrial sector? The cement It is the most consumed […]