Peru: Unacem reportedly plans to maintain its volume of investments in 2026 in line with 2025. The investments will go towards increasing efficiency at the company’s Atocongo cement plant and the construction of its upcoming US$70m, 200,000t/yr Calcem lime plant in Condorcocha, due in 2027. Calcem is a joint venture with Mexico-based Grupo Calidra. Additionally, Unacem subsidiary Celepsa will begin building a US$190m solar power plant at Solimana, Arequipa, later in 2026.
Unacem noted double-digit cement market growth in Peru in February 2026, tempered by rising fuel costs and slowing shipments in March 2026. In the US, the group forecast stabilisation or a slight uptick in 2026, followed by recovery in 2027.
CEO Pedro Lerner said "In 2025, we invested in a new business – lime – a product that in Peru is primarily used in mining, specifically for floatation processes at concentrator plants. Unlike cement, lime ships very well. Cement shipments have slowed down somewhat, mainly from the Condorcocha plant, and we believe this is related to the higher cost of transporting material to its destination. Transporters are unable to pass on the fuel price increases."