Cement News tagged under: Colombia
Establishing a reliable AF supply27 October 2020, Published under Cement NewsCement companies are increasingly implementing alternative fuel (AF) programmes to reduce fuel costs at their plants and contribute to sustainability. Often a key challenge, particularly in developing countries, lies in establishing a reliable AF supply chain. Argos discusses the challenges that it faced when introducing AFs at its Colombian plants. By Argos, Colombia. In the last four years, Argos has been entering the AF market in Colombia One of the greatest challenges for... |
Colombian cement market contracts 4% in August06 October 2020, Published under Cement NewsCement dispatches in Colombia slipped 4.3 per cent to 1.052Mt in August 2020 from 1.099Mt in August 2019, according to the country’s statistics office, DANE. The fall in consumption was mainly driven by an 18 per cent drop in the offtake by ready-mix concrete companies, also reflected by a 11.8 per cent decrease in bulk dispatches. Bagged sales slipped by 0.7 per cent, driven by a 13.1 per cent decline in sales to the construction and contractors segment. Sales to the retail sector edged u... |
Cemex España seeks authorisation for Cemex Latam public offering08 September 2020, Published under Cement NewsCemex España has requested the authorisation of the Financial Superintendency of Colombia (SFC) to begin a public offering of every ordinary and outstanding share of Cemex Latam registered in the National Register of Securities and Issuers of Colombia and the Colombian Securities Exchange. The public offering is expected to be addressed to all Cemex Latam shareholders, with the exception of those owned by Cemex España or Cemex Latam. The bid review is estimated to take between 2-4 weeks. ... |
Argos supplies Túnel de la Línea mega-project in Colombia04 September 2020, Published under Cement NewsColombia-based Argos has supplied up to 0.7Mm 3 of specialised and high-resistance ready-mix concrete and more than 220,000t of cement for the Túnel de la Línea. To supply the project in real-time the company has installed five plants on site. “We are proud to have participated as allies in the construction of this mega-work that represents a great milestone for the infrastructure of our country and Latin America. This was a project that represented great logistical and technical challenge... |
Cement demand in Colombia slips 2% in July01 September 2020, Published under Cement NewsCement dispatches in Colombia fell 1.8 per cent YoY to 1.093Mt in July 2020 from 1.113Mt in July 2019, according to the country’s statistics office, DANE. Offtake by ready-mix concrete companies declined 17.5 per cent, but retail sales were up 6.5 per cent when compared with July 2019. Sales to building companies and contractors were down 7.8 per cent YoY. The largest reduction in sales took place in Bogotá, where the market contracted by 23.9 per cent while in Cundinamarca consumption fel... |
Argos recognised as top innovation company21 August 2020, Published under Cement NewsArgos has achieved fourth place from 242 entrants in the annual measurement carried out by the Colombian National Association of Entrepreneurs (ANDI), in alliance with the Dinero Magazine. The accolade places Argos as one of the most innovative companies in Colombia. Among the achievements that Argos has been credited for is the generation of more than 25 per cent of its income from innovation, the start-up of the new clay thermal activation line for the production of green cement, and ... |
Argos achieves revenues of COP2.1trn in 2Q2006 August 2020, Published under Cement NewsFrom April to June 2020, Argos, part of Grupo Argos, reported revenues of COP2.1trn (US$553.5m), which represents a contraction of 9.1 per cent compared to the same quarter of last year. These figures were caused in part by lower volumes associated with lockdowns and the mandatory closings of operations in many markets. Argos partially offset the decrease in volumes thanks to the resilience of the construction industry in the USA and the exchange rate of the Colombian peso, which continued... |
Colombian cement market contracts 8% in June03 August 2020, Published under Cement NewsColombian cement dispatches fell 7.6 per cent to 0.905Mt in June 2020 when compared with 0.979Mt in June 2019, according to data provided by the country’s statistical office, DANE. Sales of bagged cement fell 3.1 per cent YoY while bulk cement deliveries were down 16.8 per cent in June 2020. Ready-mix concrete companies reduced their offtake by 22.4 per cent YoY while deliveries to building companies and contractors fell by 12.6 per cent. The retail sector reported a sales increase of one ... |
Argos delivers masks and biosafety kits17 July 2020, Published under Cement NewsArgos has been delivering 23,000 face masks to construction and hardware customers throughout Colombia as well as biosafety kits to business customers. The biosafety kits consist of thermometers and floor charts, for social distancing, and a digital application to monitor health conditions at points of sale to prevent the spread of COVID-19. "At Argos we have the firm intention of being the best allies to our customers," said Tomás Restrepo, vice president of Argos Colombia region. |
Argos makes top 5 in FTSE4Good World Index for corporate governance in construction sector03 July 2020, Published under Cement NewsArgos has been chosen as one of the top five companies in the world in the construction materials sector with the best corporate governance, environmental and social management practices, by the FTSE4Good World Index. "We are very proud to receive this recognition that highlights our teamwork and the great achievements we have obtained as a company in managing sustainability and creating value," said Maria Isabel Echeverri, legal and sustainability vice president at Argos. |