Cement News tagged under: Guatemala

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Guatemalan residents protest against new local plant

12 July 2013, Published under Cement News

Guatemalan residents are protesting against a factory under planning by Cementos Progreso in San Juan Sacatepéqyuez, some 30km northwest of Guatemala City, according to local press. Members of 12 local communities claim they were not consulted prior to works commencing and that emissions from the plant will affect the local environment. The cement factory will be built in the area to serve construction of a 24km highway known as the "Anillo Regional" that will connect the departments o...

Holcim reduces stake in Siam City Cement, sells minority shareholding in Cementos Progreso

21 December 2012, Published under Cement News

Holcim has announced that it has reduced its stake in Siam City Cement Ltd (SCCC) of Thailand and has sold its minority shareholding in Guatemalan producer Cementos Progreso, contributing CHF375m (EUR310.6m) to the Holcim Leadership Journey programme. SCCC stake reduced Holcim Ltd has reduced its shareholding in SCCC from 36.8 per cent to 27.5 per cent. The shares have been purchased by Bangkok Broadcasting and Television Co, part of the Ratanarak Group, which will increase its shareho...

Talks on new Guatemala-Honduras venture

16 January 2012, Published under Cement News

Honduran President, Porfirio Lobo Sosa has begun talks with representatives from a Guatemalan cement producer on the possible establishment of a cement factory in Honduras. Cementos Progreso, Guatemala’s leading cement producer is said to be interested in investing in the Central America country, La Tribuna (Honduras) reports.  During the meeting, both sides expressed an interest in supporting the project and a visit by the interested parties to Honduras could possibly take place as early...