Cement News tagged under: Honduras

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Cement price increases to HNL216 in Tegucigalpa

12 May 2017, Published under Cement News

The retail price of cement in Tegucigalpa, Honduras, has increased to HNL216/bag (US$9.21/42.5kg) in the last few weeks, reports El Heraldo. In other parts of the country cement is cheaper with prices ranging between HNL197-205/bag. Domestic cement production has risen in the last two years, according to a report by the Central Bank of Honduras (BCH). Output increased from 35.8m bags in 2014 to 40.2m bags in 2015 and continued this trend the following year when Honduras cement produce...

Central American cement trade falls 14% in 9M16

25 April 2017, Published under Cement News

The total value of traded hydraulic cements in Central American countries fell 14 per cent from US$56m to US$48m in the first nine months of 2016, according to CentralAmericaData. Volumes dropped from 0.494Mt in 2015 to 0.426Mt in 2016. In the 9M16 the main exporter of hydraulic cements in Central America was Costa Rica with US$28m, followed by El Salvador (US$12m), Honduras (US$5m), Nicaragua (US$2m) and Guatemala (US$1m). In this period, Nicaragua was the main buyer of interregional...

Cementos Argos

27 February 2017, Published under Cement News

Cementos Argos has officially opened its new 0.3Mta grinding plant in San Lorenzo, Honduras. The plant, which was formerly known as the Cesur grinding station, was purchased from Lafarge in 2013. Having undergone a US$25m upgrade, the San Lorenzo works has boosted Cementos Argos’ cement production capacity in the country by 30 per cent to 1.3Mta. The company also operates an integrated plant in Comayagua and a terminal in San Pedro Sula.  According to Argos, the plant, which was opened...

A fragile but positive outlook

05 December 2016, Published under Cement News

While South America’s cement markets may have been considerably affected by the economic downturn, the Central American countries of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama are hopeful of a better future. Domestic cement producers are looking for an upturn in cement demand, particularly following recent increases in their production capacities. By Rob Roy, ROI Economic Consulting, USA. In Honduras Argos operates the 1.3Mta Piedras Azules integrated...

Cementos Argos sees Honduras potential

21 October 2016, Published under Cement News

This week it was announced that Cementos Argos was looking to expand its overseas cement capacity by upgrading its 0.3Mta Cementos del Sur (Cesur) facility in San Lorenzo Valley, southern Honduras. Cementos Argos bought Lafarge’s 53.3 per cent shares in the Cesur grinding station as well as the 1Mta Piedras Azules integrated plant from Lafarge in 2013 for EUR232m. The Honduran population is expected to grow by 1.4 per cent annually from 8.4m in 2013 to 8.65m in 2020. In four years' time...

Argos Honduras to add capacity at San Lorenzo

20 October 2016, Published under Cement News

Colombia’s Cementos Argos has announced plans to construct a new cement plant in San Lorenzo, Valle, southern Honduras. The project represents an investment of US$25m. “Argos will consolidate its presence in the country with this operation. The grinding capacity of San Lorenzo is 300,000tpa and we will manufacture grey cement, with major emphasis on general use,” said Harry Abuchaibe, Argos director for Honduras. The San Lorenzo plant, formerly known as Grinding Station CeSur, was acq...

Cementos Argos 2Q16 US results remain strong

17 August 2016, Published under Cement News

For the second quarter Cementos Argos' cement volumes decreased by 1.9 per cent, totalling 3.5Mt, as a result of a challenging market environment in Colombia. These results were compensated by the US regional division, where Cementos Argos grew 16.3 per cent. In the ready-mix segment the company sold 3Mm 3 , up 1.1 per cent from the previous year. Cementos Argos registered double-digit growth in revenues, EBITDA and net income, driven by the US, Caribbean and Central America operations an...

Seizing opportunities

08 August 2016, Published under Cement News

Cementos Argos has expanded rapidly over the last decade from a local Colombian company to a multinational cement, concrete and aggregates player, competing successfully in a global business environment. ICR speaks with Cementos Argos’ CEO, Juan Esteban Calle, about the company’s continued rise. Juan Esteban Calle, CEO of Cementos Argos By the end of 2015 Cementos Argos had transformed its operations to encompass nine integrated cement plants in Colombia, three in the US and one...

Honduras: 5.2% YoY rise in cement price in December 2015

07 March 2016, Published under Cement News

The price of a 42.5kg bag of cement increased to HNL183 (US$8.09) in December 2015, up 5.2 per cent from HNL174 in December 2014, according to the Honduran Chamber of Construction (Chico). However, the price varies between HNL186-188 in the hardware stores of the capital and over HNL190 in other cities, mainly due to differences in transport costs. The latest rise is part of a longer-term trend is advancing cement prices in the country. In December 2011 the price of a 42.5kg bag stood at...

Honduras: Goldlake invests US$230m in 1.2Mta plant

07 August 2015, Published under Cement News

Italy’s mining company Goldlake will invest US$230m in a new cement plant via its local subsidiary Five Star Mining. The 1.2Mta works in the Agalteca valley will produce sulphate-resistant cement for marine infrastructure projects. The project is currently applying for operating permits following the submission of feasibility and environmental impacts studies. The start of construction is expected this month. Cement from the works will be delivered not only within Honduras, but also sh...