Cement News tagged under: Argos
Argos announces its new EcoStrong PLC brand28 April 2022, Published under Cement NewsArgos is announcing its new EcoStrong PLC brand. EcoStrong PLC is a high-quality blended hydraulic cement used in sustainable building practices that can reduce carbon emissions by up to 10 per cent. EcoStrong PLC exhibits Argos’ passion for developing strong solutions to build a more sustainable world together. "I am excited to be part of Argos’ brand announcement for our Portland-Limestone Cement (PLC) Type IL product. EcoStrong PLC encompasses everything we have worked for over the ... |
Argos reports consolidated EBITDA of COP2.16bn in 202121 February 2022, Published under Cement NewsArgos, Grupo Argos' cement company , reported a consolidated EBITDA of COP2.16bn (US$55m) at the end of 2021, representing an increase of 34 per cent compared to 2020 and the highest in the company's history. The annual EBITDA margin stood at 22 per cent, the highest since 2005, when the cement company began its internationalisation process. Accumulated revenues as of 31 December 2021 reached COP9.8bn, a YoY increase of 9.1 per cent. Argos shipped 17.1Mt of cement and 7.8Mm 3 of ready... |
Cementos Argos erects industrialised plant for concrete modular solutions21 February 2022, Published under Cement NewsWith the installation of the first industrialised plant for concrete modular solutions in Colombia, Argos will begin to produce and market modular solutions in concrete for building houses and infrastructures in series. The plant will begin operations at the end of the 1H22, allowing the construction of an estimated 500 homes by the end of this year. This endeavour will generate 60 direct and 300 indirect jobs. All this is part of Argos’ commitment to sustainable construction, climat... |
Argos transitions to PLC production at three US terminals15 February 2022, Published under Cement NewsArgos is announcing that its Roberta plant in Alabama, USA as well as its Wilmington, Statesville, and Durham terminals in North Carolina will transition their production and distribution to Portland limestone cement (PLC) by the end of the 2Q22. This transition to PLC, a lower CO 2 -intensive cement is part of the group’s overall sustainability strategy to produce this type of cement at all its plants in 2023. Argos PLC Type IL is a high-quality blended cement, engineered to deliver a ... |
Argos opens new Cartagena terminal14 February 2022, Published under Cement NewsColombia-based Argos has inaugurated its new port terminal in the free zone of Cartagena, Colombia. the new terminal will triple its export capacity to 3.5Mta. The terminal can serve vessels of up to 60,000t. The company invested nearly US$42m in the new terminal, which includes a berthing platform of 152m long by 18m wide that joins the coast by a 170m-long civil walkway. It also consists of closed conveyor belts with a capacity to transport 1200tph of cement and 900tph of clinker from ... |
Argos awarded S&P Global Gold Class Award in 2022 Sustainability Yearbook02 February 2022, Published under Cement NewsFor promoting and implementing excellent environmental, social, and corporate governance (ESG) practices and for being recognised as a world leader in sustainability in the construction materials sector by the Dow Jones Global Index, Argos , the cement company owned by Colombia-based Grupo Argos , received the Gold Class distinction in the 2022 Sustainability Yearbook awarded by S&P Global firm. This year Grupo Argos and Celsia, the group's energy business, were also recognised with g... |
Fitch Ratings upgrades Argos from stable to positive19 January 2022, Published under Cement NewsArgos, a Grupo Argos cement company, received an upgrade in its credit rating outlook, going from 'Stable' to 'Positive' according to Fitch Ratings, an international credit rating agency. The positive outlook granted by Fitch Ratings reflects the good performance of Cementos Argos and the expectation that the generation of operating cash flows will continue with a growth trend, a trend that has been benefited by the operational efficiency strategies that the company has launched. Amon... |
Argos announces US$23m investment in Honduran strategic projects21 December 2021, Published under Cement NewsArgos will invest US$23m in several projects to improve operations at its Honduran plants. The investment is also expected to support the country’s growth and development. The company will expand its installed capacity at Piedras Azules, Comayagua, to increase its annual cement production by 35 per cent as it forecasts accelerated market demand. Furthermore, Argos will invest in renewable energy by expanding its solar farm in Comayagua, which was opened in 2020, and currently consists of... |
Saint-Gobain and Cementos Argos create joint venture10 December 2021, Published under Cement NewsSaint-Gobain and Cementos Argos have entered a joint venture agreement to develop mortar solutions. The partnership will combine Saint-Gobain’s mortar technology with Argos’ strong leadership and local presence. The aim is to offer a wide range of solutions across Colombia to accelerate the evolution of the construction market towards a more professional and sustainable future, creating employment and long-term value for all stakeholders. This project will strengthen the leadership... |
Argos to collect 5000 waste tyres per month in Honduras24 November 2021, Published under Cement NewsColombia’s Argos will collect around 5000 waste tyres per month in Choluteca, Honduras, and transport them to Comayagua for disposal at its Piedras Azules cement plant. Cementos Argos is working with Fundesur and Fundación HERCO to successfully launch the Responsible Management of Waste Tyres programme in Choluteca. The three organisations expect to remove more than 60,000 tyres in the first year of the programme, which has the support of MiAmbiente, the Secretary of Health and the Municip... |