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Dominican Republic exports increase

07 August 2012, Published under Cement News

The Dominican Association of Portland Cement Manufacturers (Adocem) said today that so far this year, cement exports to other markets increased by 34.2 per cent over the same period last year. Adocem data shows that from January to June, industry sales abroad were 703,000t while last year they rose to 524,000t. According to the report, the Dominican cement industry annually exports about 35 per cent of its production, which accounts for about US$120m of foreign currency entering the co...

Cements Argos: positive outlook after strong 2011 results

27 February 2012, Published under Cement News

Cementos Argos, Colombia's largest cement producer, achieved more than COP3.6bn (US$2bn) in consolidated revenues for FY2011, representing YoY growth of 21% in peso terms as it reported strong performances in its Colombian and Caribbean divisions. In the US, results were still affected by the challenging conditions although the company sees interesting recovery prospects ahead. According to latest figures from Cements Argos, EBITDA for the year increased by 26% in peso terms to COP682m (U...