Cement News tagged under: Colombia
Cemex Latam opens new grinding unit in Colombia22 November 2013, Published under Cement NewsCemex Latam Holdings inaugurated a new cement grinding plant in Clemencia in Bolivar, Colombia. Output from the 0.45Mta works is expected to supply projects in the Caribbean coastal area. The plant, which will produce three types of cement (for general purposes, for structural use and for use in marine environments), is located on a 10ha site. "Our vision is to promote the development of Colombia with building solutions that generate welfare people. The country must increase its cement... |
Cementos Argos continues to thrive on Panama Canal project18 November 2013, Published under Cement NewsCementos Argos has found the Panama Canal expansion project to be a lucrative venture. The Colombian cement and concrete producer has been supplying materials for the construction of major infrastructure on the canal and connect schemes since 2009. Argos’ Panamanian subsidiary earns 30 per cent of its revenues from the expansion at present with the canal offering sales of 700,000Mta of cement up to next year. In addition, the Colombian company is providing concrete to the Aeropuerto... |
Ultracem starts up Gebr Pfeiffer grinding unit12 November 2013, Published under Cement NewsUltracem SAS, a new entrant on the Colombian cement market, has initiated operations of a cement grinding plant supplied by Gebr Pfeiffer Inc at its plant in Barranquilla. The privately-owned cement producer contracted Gebr Pfeiffer, Inc, a subsidiary of Gebr Pfeiffer SE to supply an MPS 3350 BC vertical roller mill for clinker with a complete cement grinding plant. The grinding facility includes a rotary air lock with drive, MPS 3350 BC mill, an SLS 2900 BC high efficiency classifier, fea... |
Colombia’s cement production increases 12.1% in September29 October 2013, Published under Cement NewsColombian cement producers increased their output in September by 12.1 per cent to 1.003Mt when compared with September 2013. During the month they also dispatched 0.981Mt, an advance of 13.7 per cent, according to the country’s statistics office DANE. Norte de Santander registered the largest increase in deliveries at 55.2 per cent, followed by Caldas (40 per cent), Cundinamarca (28.7 per cent and Antioquia (20.2 per cent). However, Nariño reported a 20.9 per cent fall in dispatches whil... |
Cemex Latin America cement shipments edge ahead, grows stronger downstream24 October 2013, Published under Cement NewsCemex Latin American Holdings' turnover for the first nine months of the year advanced by eight per cent to US$1287.8m, while the EBITDA increased by 16.2 per cent to US$474.4m. The increase at the trading level was a little less at 14.1 per cent to US$405.4m. After a net interest charge of US$86.8m, the pre-tax profit amounted to US$309.1m. Net debt at the end of September stood at US$1345m, to give a gearing level of 94.7 per cent, with 88 per cent of the total gross debt being denomina... |
Argos to evaluate cement price cuts18 October 2013, Published under Cement NewsColombia’s vice president, Angelino Garzon, met with Cementos Argos directors to discuss cement pricing in the country. "I said it is very important that Argos can talk to other cement companies to help the Government to achieve a compromise which allows lower cement prices," said the official. Argos said it would review the pricing structure and seek a reduction in cement prices, in consultation with other cement companies. However, it said the recent price increases were due to highe... |
Cemex to open 0.45Mta mill in Clemencia, Colombia09 October 2013, Published under Cement NewsCemex has scheduled the inauguration of its new 0.45Mta cement grinding unit in Clemencia, Colombia. The mill will produce two types of cement – for general use and structural applications – to distribute in bags and bulk. It is expected that the output will be supplied to large projects under development along the Caribbean coast. Construction of the COP120bn (US$64m) works started last November and the plant’s first output is expected on 30 November. |
Monthly cement production rises 6.2%, Colombia29 August 2013, Published under Cement NewsColombia produced 966,800t of cement in July 2013, up 6.2 per cent YoY, according to the latest data from national statistics office Dane. In terms of dispatches, a 11.5 per cent rise to 980,500t was reported as construction companies increased orders by 19.7 per cent and ready-mix concrete firms by 18.5 per cent. Sales to the retail sector also saw a six per cent advance. During July, Córdoba saw a 45.5 per cent rise in dispatches, closely followed by Norte de Santander (41.2 per cent)... |
Colombia's regulator investigates price fixing22 August 2013, Published under Cement NewsColombia's Superintendency of Industry and Commerce will be opening an investigation into the alleged price-fixing by five local cement companies. The regulator will examine whether Holcim (Colombia), Cementos Argos, Cementos Tequendama, Cemex Colombia and Cementos Marcos have been colluding in the setting of cement prices over the past three years. The regulator has said it will look into "an alleged agreement to fix prices and divide up the market”. The superintendency has claimed that... |
Colombia’s cement price rose 8% in 1H1312 August 2013, Published under Cement NewsIn 1H213, cement prices in Colombia rose eight per cent, well above the country’s inflation rate of 1.73 per cent in the period, according to a report in El Tiempo. The price also compares unfavourably with other Latin American countries. Based on sales at retail stores, Colombian customers can pay up to US$250/t in a city away from any cement plant, while in Peru this price is US$158/t and in Argentina US$199/t. In Panama and Costa Rica, customers pay US$227 and US$240/t, respectively. H... |