Cement News tagged under: Colombia

RSS feed

Cementos Argos sees 11% rise in revenue for 2019

25 February 2020, Published under Cement News

Colombia’s Cementos Argos saw a 11.4 per cent YoY rise in consolidated revenue to COP9.3trn (US$2.71bn) in 2019. EBITDA increased 14.3 per cent YoY to COP1.75trn, while its operating income advanced 1.7 per cent to over COP838bn. However, the company's net profit declined 31.7 per cent to COP122bn from COP179bn in 2018. The fall was attributed to a US$9m US tax provision relating to its successful asset divestment plan, according to a press release. Cementos Argos dispatched 16Mt of cemen...

Argos celebrates launch of green cement at Rioclaro

17 February 2020, Published under Cement News

Cementos Argos' Rioclaro plant has started its new 0.45Mta calcined clay production line involving an investement of US$78m investment for the manufacture and distribution of green cement. In this process, the use of clinker is reduced thanks to the incorporation of calcined clays (artificial pozzolan). During the production process, CO 2 emissions are reduced by up to 38 per cent and energy consumption lowered by 30 per cent.   "With this project, we are leading the industry and sowi...

Cemex Colombia extends O&M contract with Wärtsilä

13 February 2020, Published under Cement News

Cemex Colombia has awarded Wärtsilä the four-year extension to the operation and maintenance (O&M), marking a 25-year continuous partnership by 2023. The 26MW Caracolito Cemex power plant operates on five Wärtsilä 18-cylinder 34SG engines in V-configuration running on natural gas. It provides a reliable electricity supply to power the cement facility’s day-to-day production requirements. In addition to reliability, Wärtsilä’s continued O&M services ensure, among other things, optimised and...

Argos recycled more than 1m bags in Colombia

10 February 2020, Published under Cement News

Colombia-based cement producer Argos recycled more than one million bags of cement last year, thanks to the Green Sacks Programme, which sees a more sustainable production line. “Between 2013, the start date of the programme, and 2019, we have recycled 808t of paper thanks to the return of more than five million bags, thus avoiding the cutting down of more than 8000 trees and saving about 64,000m3 of water, equivalent to 26 Olympic swimming pools,” said David Restrepo, the company’s supply...

Colombian cement market expands 11% in December

05 February 2020, Published under Cement News

Colombian grey cement dispatches advanced 10.9 per cent to 1.079Mt in December 2019 from 0.973Mt a year earlier, according to the country’s statistics office, DANE. Output of grey cement in domestic plants increased 9.3 per cent YoY to 1.191Mt in December 2019 from 1.089Mt. Full-year 2019 In the January-December 2019 period domestic dispatches of grey cement rose by 4.2 per cent YoY to 12.515Mt, from 12.010Mt in 2018. Growth was particularly strong at retail level and in the ready-mix ...

Colombian cement dispatches up 2% in November

03 January 2020, Published under Cement News

Domestic dispatches in Colombia edged up 1.8 per cent to 1.083Mt in November 2019 from 1.065Mt in November 2018, according to the country’s statistics office, DANE. Colombian cement plants produced 1.113Mt of cement in November 2019, up 1.7 per cent when compared with 1.094Mt in November 2018. January-November 2019 Between January and November 2019, cement dispatches totalled 11.436Mt, which represents a 3.6 per cent rise when compared with the year-ago period, when dispatches reached 11...

Ultracem takes seven per cent of Honduran market

17 December 2019, Published under Cement News

Honduras’ third cement producer Ultracem has gained seven per cent market share in its first year of operations, according to La Tribune. The Colombia-based producer has focussed its entry into Honduras on the north and central regions of the country. Ultracem Honduras manager, Ismael Ballestas, said that the company’s entry had a price-regulating effect on the market and that the company is increasingly positioning itself in the market. “We have exceeded the growth expectations we had ...

Colombian dispatches up 3% in October

04 December 2019, Published under Cement News

Colombia’s cement market expanded by 2.6 per cent to 1.111Mt in October 2019 when compared with 1.083Mt in October 2018, according to the country’s national statistics office, DANE. The increase in dispatches has been attributed to a 34 per cent rise of offtake in the prefabricated segment while a 1.4 per cent rise was reported in the retail sector. Antioquia reported an 8.4 per cent upswing in sales while Santander sales were up 19.4 per cent. The smaller markets of Casanare, Tolima and C...

Colombian dispatches up 5% in September

05 November 2019, Published under Cement News

Cement dispatches in Colombia increased 4.6 per cent YoY to 1.078Mt in September 2019 when compared with 1.031Mt in September 2018, according to DANE, the country’s statistics office. While bulk sales picked up by 1.2 per cent, bagged sales rose by 6.3 per cent. Cement production by Colombian cement plants edged up one per cent to 1.094Mt in September 2019 from 1.083Mt in the year-ago period. January-September 2019 In the first nine months of 2019, the domestic market has expanded by fo...

EcoCementos commissions new 1.5Mta Colombian cement plant

01 November 2019, Published under Cement News

Empresa Colombiana de Cementos (EcoCementos) is today launching a greenfield cement plant capable of producing up to 1.5Mta of cement in the Magdalena Valley in Sonsón municipality in Antioquia, Colombia. EcoCementos' new Sonsón plant is officially operational EcoCementos is a joint venture between the Colombian building materials group Corona and the Spanish cement producer Cementos Molins. Both companies started working together in September 2015, with the contract signed one ...