Cement News tagged under: Central America

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A fragile but positive outlook

While South America’s cement markets may have been considerably affected by the economic downturn, the Central American countries of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragu...
Articles - 05 December 2016

Trading places

The Caribbean and central America region is a significant trading hub and for some cement producers active in the region it is of considerable strategic importance. In this report ICR provides an ...
Articles - 21 December 2015

Colombia: Argos 3Q15 profits jump 63% YoY

Cementos Argos has announced a 63 per cent hike in profits for 3Q15. Revenues are up 35 per cent while EBITDA saw a 41 per cent advance. Dispatches were up to a record 3.8Mt, a 15 per cent rise. F...
News - 23 November 2015

Guatemala: Fitch affirms Cementos Progreso IDRs, Outlook Stable

Fitch Ratings has affirmed Cementos Progreso SA's (Cempro) Issuer Default Ratings (IDRs) at 'BB+'. The Rating Outlook is Stable. Cempro's 'BB+' ratings reflect the company's leading position in...
News - 25 September 2015

Argos reports solid start to the year

Argos reported a solid first-quarter results, with a double-digit rise in cement volumes and  price recovery in both Colombia and the US. Consolidated revenues in the first quarter grew 27 per ...
News - 28 May 2015

Cementos Argos readies itself for 'vibrant' US market growth

With US demand recovery on a roll, Cementos Argos is readying itself for 'vibrant' growth in the years ahead with the group having consolidated its presence in nine strategic states. Last year, A...
News - 26 March 2015

Honduras: cement price up HNL10.35 in past year

A 42.5kg bag of cement in Honduras has seen its price rise by HNL10.35 (US$0.48) in the past 12 months as the ex-works price was dollarised. In February 2014, the Ministry of Economic Developme...
News - 24 March 2015

A bumpy recovery

While Central America offers a healthy potential for infrastructure development and housing construction, limited economic growth and investment are expected to hinder a corresponding rise in ceme...
Articles - 02 July 2014

Ancap notes record loss for 2013

Uruguay’s Ancap closed 2013 with a record loss of US$150m. The company attributed the result partly to developments in the exchange rate, which impacted the cement producer significantly as it bo...
News - 12 May 2014

Cemex increases first-quarter volumes

Cemex' first-quarter turnover increased by 8.2 per cent to US$3590.7m, while the EBITDA improved by 2.7 per cent to US$535m. The trading profit rose by 11.7 per cent to US$267.7m. The net inter...
News - 01 May 2014