Cement News tagged under: Colombia

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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 ...

Colombian market expands 3% in August

04 October 2019, Published under Cement News

Colombian cement dispatches advanced 3.4 per cent YoY to 1.099Mt in August 2019 from 1.061Mta year earlier, according to the country’s statistics office, DANE. Casanare, Huila, Bolívar and Santander delivered the strongest growth with a YoY improvement of 48.4, 19.8, 15.6 and 13.7 per cent, respectively. Norte de Santander and Huila followed with just short of 11 per cent. Growth was also robust in Antioquia (+6.5 per cent). However, other key regions such as Cundinamarca and Bogotá noted ...

Cementos Argos

26 September 2019, Published under Cement News

The US Court of Appeals has ruled in favour of Cementos Argos on a pricing dispute involving two ready-mixed concrete (RMC) producers on St Thomas in the US Virgin Islands. Spartan Concrete Products accused Argos of unlawfully selling cement at a 10 per cent discount to Heavy Materials, a competitor to Spartan. Following a three-year price war between Spartan and Heavy Materials, Spartan withdrew its RMC business from St Thomas. The court found that Argos did not unlawfully sell cement at...

Colombian cement market expands 12% in July

10 September 2019, Published under Cement News

Colombia’s cement consumption increased 12.4 per cent YoY in July 2019 to 1.113Mt, reports the country’s statistics office, DANE. Domestic cement production increased 9.5 per cent YoY in July 2019 to 1.118Mt. Building companies and contractors increased their offtake by 15.8 per cent YoY while sales in the retail sector rose by 12.4 per cent. Sales to ready-mix concrete companies increased by 9.5 per cent. Sales in the key market of Antioquia were up 15.2 per cent YoY in July while in Val...

Cementos Argos

28 August 2019, Published under Cement News

Cementos Argos has reported a 10.6 per cent YoY increase in revenue to US$1.419m in the opening half of 2019. Over the same period, net profit advanced by 33.5 per cent to US$22m, while EBITDA improved by four per cent to US$262.4m. Cement shipments during the six-month period came in at almost 8Mt, up 1.2 per cent YoY, with concrete dispatches of 5Mm 3 , down 2.5 per cent YoY due to heavy rainfall. The 1H19 also saw the company complete the sale of its stake in OMYA Andina and Cartón de Col...

Argos sees net income grow to US$22m in 1H19

13 August 2019, Published under Cement News

Argos has announced that the company's net income grew by 33.5 per cent to US$22m in 1H19. Argos revenues also expanded by 10.6 per cent to US$1.419m, while EBITDA registered an increase of four per cent to total US$262.4m. Cement shipments were just under 8Mt, 1.2 per cent higher than in 1H18 and concrete dispatched were 5Mm 3 , down 2.5 per cent in 1H18 due to heavy rainfall in some parts of the USA. The company also sold its stake in OMYA Andina and Cartón de Colombia in 2Q19 to ra...

Colombian market expands 4% in June

08 August 2019, Published under Cement News

Domestic dispatches in Colombia advanced by 3.8 per cent from 0.943Mt in June 2018 to 0.979Mt in June 2019, according to DANE, the country’s statistics office. Bolívar and Meta saw deliveries rise by 31-32 per cent YoY, while Valle del Cauca’s market expanded by 25.1 per cent. Casanare noted 12.6 per cent higher sales and both Antioquia and Santander saw dispatches up by 8.2 per cent when compared with June 2018. Smaller gains were noted by Córdoba (7.9 per cent), Huila (5.8 per cent), Ces...

Colombian cement market expands 7% in May

02 July 2019, Published under Cement News

Grey cement dispatches in Colombia advanced by 7.2 per cent to 1.055Mt in May 2019 when compared with May 2018, when domestic dispatches were 0.984Mt, according to the country’s statistics office, DANE. Grey cement production increased by 11.1 per cent YoY to 1.119Mt in May 2019. In May 2018 output reached 1.007Mt. January-May 2019 In the first five months of 2019 around 4.989Mt of grey cement was supplied to the Colombian market, which expanded by 2.6 per cent when compared with the 5...