Cement News tagged under: Colombia
Argos records sales of COP8.5trn during the 3Q2210 November 2022, Published under Cement NewsArgos ( Grupo Argos ) has reported the highest levels of sales and EBITDA in its history, with figures of COP8.5trn (US$302.6m) and COP1.5trn, and increases of 20.7 and 4.3 per cent, respectively. During the third quarter the EBITDA increased 27 per cent and we had an increase of 20 basis points in the EBITDA margin during the period. Regarding volumes, from January to September, Argos delivered 12.3Mt of cement, 2.3 per cent less and 5.8Mm 3 of concrete, 8.7 per cent higher. Du... |
Colombian cement market expands 2% in September07 November 2022, Published under Cement NewsCement dispatches in Colombia increased 2.1 per cent YoY to 1.188Mt in September 2022 when compared with September 2021, when 1.164Mt of cement were dispatched, according to the country’s statistics agency, DANE. When compared with September 2019, dispatches increased 10.2 per cent. Of this total, bulk sales were up 9.3 per cent while bagged cement sales posted a 1.3 per cent decline. Dispatches to ready-mix concrete suppliers increased 14.9 per cent but construction companies and contract... |
CEMEX Colombia and BBVA form Vertua customer alliance14 October 2022, Published under Cement NewsCEMEX Colombia and BBVA in Colombia have formed an alliance that will allow the company's customers to access a sustainable line of credit with the bank to extend the payment term of their Vertua cement invoices. Vertua cement may reduce CO 2 emissions by up to 45 per cent compared to traditional cement. The bank has become a strategic ally for CEMEX in designing a financial product that makes it possible for its clients to benefit from the payment of their Vertua cement bills... |
Colombian grey cement market expands 8% in August03 October 2022, Published under Cement NewsGrey cement consumption in Colombia grew by 8.4 per cent YoY in August 2022 to 1.19Mt from 1.098Mt, according to the country’s statistics office, DANE. Of this total, bulk shipments were up 12.2 per cent while bagged cement saw a 6.6 per cent increase. Ready-mix concrete companies increased their off-take by 20.9 per cent while sales by the retail segment were up 6.8 per cent YoY in August 2022. Sales to construction companies and contractors slipped by 0.4 per cent YoY in the same month. ... |
Holcim expands digital customer platform21 September 2022, Published under Cement NewsHolcim is expanding its proprietary digital customer platform, ConcreteDirect, from North America to Europe and Latin America. This expansion of the comprehensive digital platform for construction job site professionals offers a seamless customer experience from France, Germany and the UK, all the way to Colombia, Ecuador and El Salvador. The platform connects all relevant jobsite professionals on a construction site with Holcim’s teams to best coordinate their tasks with tailored real-tim... |
Colombia’s cement consumption slips in July06 September 2022, Published under Cement NewsCement demand in Colombia slipped by 0.6 per cent YoY in July 2022 to 1.125Mt from 1.132Mt in July 2021, reports the country’s statistics office, DANE. When compared with 2019 pre-COVID shipments edged up by one per cent from 1.113Mt. Bulk sales increased 2.8 per cent YoY while bagged cement sales contracted 2.2 per cent YoY in July 2022. While ready-mix concrete companies increased their take-off by 8.2 per cent YoY, construction and contractors reduced theirs by 10.7 per cent YoY. Sales ... |
Shredder converts waste into RDF for Colombia's cement industry25 August 2022, Published under Cement NewsAn UNTHA CR2000 shredder is set to drive forward Geofuturo’s energy-from-waste (EfW) operations in Colombia, converting the country’s waste into refuse-derived fuel (RDF) for the cement industry. The equipment will be processing approximately 2200tpm of materials at the firm’s new EfW plant, Geoparque, in Cartagena. The materials, which include waste wood, textiles, plastics and leather, would have previously been sent to landfill. Geofuturo expect to decrease the amount of waste sent to ... |
Colombian cement market expands 4% in June23 August 2022, Published under Cement NewsColombia’s cement demand advanced 4.2 per cent in June 2022 to 1.117Mt from 1.072Mt in June 2021, according to the country’s statistics office, DANE. When compared with June 2019, cement dispatches were up 14 per cent from 0.979Mt. Cement production increased 7.3 per cent YoY to 1.189Mt in June 2022 when compared with output of 1.108Mt in June 2021. When compared with June 2019, cement production increased 15.9 per cent from 1.026Mt. In June 2022 ready-mix concrete companies increased th... |
Argos generates revenue of COP2.9trn in 2Q2211 August 2022, Published under Cement NewsArgos, ( Grupo Argos ) recorded revenues and strong demand for cement and ready-mix, mainly in the United States and Colombia, as well as stable operating results in an environment of high-cost inflation helped by its strategy, the flexibility of its fuel matrix and the partial hedging of fuel prices. From April to June 2022 (2Q22), the cement company generated revenues for COP2.9trn (US$670m), 15.3 per cent higher compared to the same months of the previous year. Also, it obtained an adj... |
Argos triples port capacity09 August 2022, Published under Cement NewsCementos Argos recently inaugurated a second port terminal in Cartagena, Colombia. The project is part of the company’s wider port expansion project and represents the Latin American cement producer’s ambitions to increase its exports, particularly to the North and Central American markets. By Alberto Carlos Riobó, Cementos Argos, Colombia. The second terminal in Cartagena, Colombia, will enable Argos to triple its cement and clinker exports to 3.5Mta Cementos Argos’ recently-in... |