Cement News tagged under: Bermuda

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Cementos Argos sets up Bermudan business unit

26 April 2022, Published under Cement News

Colombia-based Cementos Argos SA has set up a new wholly-owned subsidiary, BMR Ltd. The new business unit in Bermuda is part of the company’s risk management strategy. With the new company, it aims to stabilise the total cost of risk in the long term, intervene more actively in the reinsurance and insurance market as well participate in taking predictable risks that have been studied and over which Argos has control. The creation of the company constitutes the implementation of "a good ...

Dominican Republic exports increase

07 August 2012, Published under Cement News

The Dominican Association of Portland Cement Manufacturers (Adocem) said today that so far this year, cement exports to other markets increased by 34.2 per cent over the same period last year. Adocem data shows that from January to June, industry sales abroad were 703,000t while last year they rose to 524,000t. According to the report, the Dominican cement industry annually exports about 35 per cent of its production, which accounts for about US$120m of foreign currency entering the co...