Cement: New Competitor in El Salvador

After Monterrey business group completed the construction of its new industrial plant with capacity to produce 120 thousand tons of cement per year, the company is preparing to start selling in the local market.

Friday, February 14, 2020

In September 2019 it was reported that the company had begun construction on a 10-block site located in the municipality of Acajutla, an industrial complex for the manufacture of cement.

Ricardo Andrade, vice-president of the board of directors and CEO of the firm that owns Cemento Regional, told Laprensagrafica.com that "... from the beginning of the company in 2016, the idea was to expand to other Central American countries, especially, because of the business potential, to the Northern Triangle area."

Learn more about CentralAmericaData's "Feasibility Studies of Real Estate Projects"

Andrade added that "... We knew that eventually El Salvador was going to have that [construction] boom because it had been stuck for more than 10 years in project licensing. Cement consumption in the country has grown 16%, which is quite encouraging."

See also "Cement: Purchases up to June 2019"

According to CentralAmericaData's reports, during the first semester of 2019 Central American companies imported hydraulic cement for $93 million, an amount that exceeds by 21% what was registered in the same period of 2018.

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More on this topic

Cement: Industrial Plant Expansion Projected

March 2021

In Guatemala, Cemex S.A. plans to invest close to $16 million in the expansion of its production plant located in the municipality of Puerto de San José, department of Escuintla.

According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence Unit, Cemex Guatemala S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Arizona Plant Capacity Expansion".

Cement: Investment in Production Plants

March 2021

In order to increase its production capacity in El Salvador by 58%, Holcim will invest $20 million in the reactivation of the Maya Plant and in improvements to the El Ronco Plant.

The company currently has a production capacity of 1.2 million tons of cement per year, but with the reactivation of the plant located in Metapan and the improvements of the other industrial complex, they intend to increase its capacity to 1.9 million tons.

Honduran Cement Plant Closed

October 2019

Argos announced the closure of its processing plant located in San Lorenzo, department of Valle, arguing that the current conditions of the cement market in the country are not the best.

One of the factors taken into account by the company for this decision was that between 2018 and 2019, activity in the construction sector decreased by 10%.

Cement Plants Report Red Numbers

August 2019

In Panama, the import of cement and the depressed activity of the construction sector explain the fall in the production of concrete and cement in the first half of the year.

According to data from the General Comptroller of the Republic, between the first six months of 2018 and the same period of 2019, the total cost of construction went from $662 million to $510 million, which is equivalent to a fall of 23%. This decline in the sector has been recorded for years.

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