The severe weather conditions – dubbed a coastal El Nino – has resulted in significant destruction of infrastructure and homes, as well as the deaths of 113 people. A preliminary assessment of the damage put it at over US$3.3 billion – but this is likely to rise.
Cementos Pacasmaya operates three cement plants: Pacasmayo, Piura, and Rioja. Total cement production at the three plants fell 6.7% in 1Q17.
