Cement News tagged under: Argos
FLSmidth hosts its 3rd annual meeting for its EcoClay™ project24 October 2024, Published under Cement NewsVarious partners involved with the EcoClay project gathered to review the current progress of the company's work and discuss new developments within the calcined clay market. Hosted in FLSmidth’s office in Valby, Denmark, the meeting was attended by representatives from FLSmidth Cement, the Danish Technical University, Danish Technical Institute, Rondo, Chimney Lab Europe and the cement producers Cementos Argos and Vicat. The agenda featured updates by all parties involved with each of the ... |
Argos provide cement for Disney pier construction15 August 2024, Published under Cement NewsArgos has played a crucial role in constructing Disney's new civil works at Lighthouse Point on Eleuthera Island, Bahamas. With an approximate investment of US$250m, this project is part of Disney Cruise Line's expansion plans and is expected to welcome more than 1m visitors annually. Argos provided approximately 10,000t of cement for the construction of the over 700m-long pier, accounting for 85 per cent of the total cement required. This cement was shipped through exports from its Pu... |
Infrastructure project greenlight for Argos20 June 2024, Published under Cement NewsArgos French Guiana has been selected as a key supplier for the construction of the new Larivot bridge in French Guiana Argos' commitment is to deliver 9000t of cement and 3000t of other cementitious materials for the completion of the mega-project. Since 2023, to date, it has supplied more than 2000t of cement and 750t of other cementitious materials. With a length of 1300m, 50m-deep piles, and a diameter of 1.6m, this bridge is considered one of the most important engineering works in ... |
Argos Dominica supplies Dominica International Airport16 April 2024, Published under Cement NewsArgos Dominica was selected as a key supplier for the construction of the Dominica International Airport, which is currently in the ground preparation phase. The company projects supplying a total of around 200,000t of cement throughout the construction phase. Argos Dominica has supplied more than 7500t of cement from June 2023 to date. "We are very excited to contribute to the building of Dominica's new international airport, one of the most important projects in the island's histo... |
Argos Honduras breaks clinker production record in 202309 April 2024, Published under Cement NewsArgos Honduras has set a new record in clinker production in 2023, increasing clinker output by three per cent. The company attributes the new record to the successful implementation of its US$1.1m hydrogen injection project. The process is carried out using renewable energy from its solar farm at the Piedras Azules plant in Comayagua, which enables the cement plant to replace up to 22 per cent of its grid-derived electricity consumption, reports newsinamerica. “We are extremely prou... |
Argos' adjusted EBITDA totals COP672bn in 4Q2322 February 2024, Published under Cement NewsFor the fourth quarter of 2023, Argos ' adjusted EBITDA stood at COP676bn (US$172.2m), increasing 12 per cent compared to 4Q22. The results were driven by strong pricing dynamics, especially in the US, combined with cost efficiencies in both Colombia and the US. Adjusted EBITDA margin stood at 23.2 per cent for the quarter, increasing 393 basis points versus 2022 on a comparable basis. In terms of volumes, total cement dispatches reached 3.8Mt, with a contraction of 2.3 per cent, caus... |
Argos records EBITDA of COP742bn in the 3Q2310 November 2023, Published under Cement NewsArgos reported that for the 3Q23 adjusted EBITDA stood at COP742bn (US$180.35m), increasing 25.4 per cent on a comparable basis versus 3Q22. The company's revenue in the 3Q23 slipped one per cent YoY to COP3087bn from COP3118bn in the year-ago period. The results were driven by strong pricing dynamics across all regions, combined with cost efficiencies. The adjusted EBITDA margin stood at 24 per cent for the quarter up from 19 per cent YoY. Cement dispatches reached 3.98Mt, with a contrac... |
Argos and Summit Materials to combine US operations08 September 2023, Published under Cement NewsCementos Argos has agreed to combine its operations in the USA with Summit Materials Inc , aiming to create a leading building materials platform on national scale. Cementos Argos (Grupo Argos) has entered into a definitive agreement with Summit Materials, under which they will combine their operations in the US to create a leading platform in the building materials industry. The agreement will have a component of stock consideration worth approximately US$2bn and cash payment of appro... |
Argos MD forecasts further investments in the USA and Caribbean05 September 2023, Published under Cement NewsJuan Esteban Calle, MD of Argos SA has revealed that the company is looking to invest in the USA and nearby markets to increase imports. “In the United States, we are making a significant investment in a port in Houston, which will help increase imports,” said Mr Calle. “We are also making other relevant investments in two plants that will allow us to increase our capacity in West Virginia and South Carolina, with an additional 450,000t for the domestic market. “Furthermore, we have ... |
InterCement assets in Brazil and Argentina are on other players' radar21 July 2023, Published under Cement NewsAccording to Valor, InterCement assets are being valued by local and global players. The operations of Loma Negra, Argentina, are being looked at by CEMEX , Pacasmayo and Argos . Loma Negra has nine plants and 45 per cent of the market. According to Valor, the Brazilian operation could raise the interest of Buzzi, Vicat, Votorantim, CSN, Titan and Mizu. However, no official comment has been made from the parties in the article. In Brazil InterCement has a total production c... |