Argentine asphalt consumption reaches record in March

By
Monday, April 3, 2017

During March, consumption of road asphalt in Argentina reached a record 53,466t, surpassing the previous high seen in March 1998, the transport ministry claimed, according to state news agency Télam.

The ministry underlined that 1,200km of highways are currently under construction nationwide and by the end of this year it expects new road works, including improvements on airport runways such as those at Ezeiza, Chapelco and Trelew, to boost asphalt demand.

Start your 15 day free trial now!

cta-arrow

Already a subscriber? Please, login

Demand is such that, over the last year, 32 asphalt mixing plants have been purchased, compared to an average of four per year between 2013 and 2015, with each costing US$1-2mn, according to the ministry.

"Never before in the history of the country have so many kilometers of highways been under construction at the same time," transport minister Guillermo Dietrich was quoted as saying by Télam.