Guatemala: Cement Production Stagnates

Businessmen in the sector assert that the country reports one of the lowest levels of cement consumption in the Latin American region.

Wednesday, November 22, 2017

The current level of cement production in Guatemala reflects the low levels of public investment in recent years in the country.  Lack of investment by the State in roads and other public infrastructure works is compounded by instability generated by foreign investment in the legal conflicts that have arisen in recent years, such as closure of mining projects and political and economic problems related to corruption. "..."Conflict is an additional factor that slows development and investment, and therefore the consumption of cement," said Oscar Sequeira, coordinator of the Statistics Commission of the Guatemalan Chamber of Construction. "

See also: "Central America: $655 million in Public Works"

Elperiodico.com.gt reports that "...According to data provided by Grupo Cementos Progreso, since 2007 cement production in Guatemala has fluctuated between 3.30 million metric tons and 2.80 million."

José Raúl González Merlo, CEO of Cementos Progreso, "... said that the growth (in cement production) should be 6% per year, but it has not been. 'Guatemala has one of the lowest levels of cement consumption in Latin America, it consumes less than 200 kilograms of cement per inhabitant, and there is a high correlation between the level of development of countries and the consumption of cement' he said".

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More Cement Production in Guatemala

November 2016

The company Cemento Regional has started operating a plant in Escuintla, Guatemala which has capacity to produce 8,000 bags per day.

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Construction: Cement Costs Rise Due to Taxes

February 2015

The construction union of Guatemala states that construction costs have increased by about 6% since the entry into force in January of a tax on the distribution of cement.

Since the start of the charging of a $0.66 tax per bag of cement distributed, representatives from cement companies have reported a drop in sales.

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Cementos Progreso

Organization that operates in Guatemala.
Phone: (502) 2339 1210

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