The country’s demand for cement recovered slightly by yearend 2010 to more than 3 million tons, above the 2.8 million tons consumed in 2009, the Dominican Cement Producers Association, Adocem, revealed Monday.
In said the 5% yearend growth in demand occurred despite a sag in the second half of 2010, when it fell from the cuts in government spending, after a first half marked with strong public investment, driven by the electoral process which spurred a 12% jump compared with the same period the year before.
In an emailed statement, Adocem called last year’s results satisfactory, since industry figures reveal a recover of the growth after four periods of decline.
It notes that though the results can be traced to certain evolution of the market and the monetary measures implemented, the industry’s strength, efficiency and yield, product of strong and precise investments of the previous years, led the industry to surmount the difficulties and to continue the sector’s advance.
“In relation to this year’s expectations we consider that the public infrastructure investment began in 2010 will have a permanent residual impact despite an anticipated deceleration in public spending, and will potentially allow last year’s growth to continue,” the cement makers said.
2 comments:
does anyone have a POC email to discuss purchasing cement from a producer in the association? thanks.
Please contact with americas@tradeland.es
Regards
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