Cementos Argos 2Q16 US results remain strong
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...
Caribbean
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Barbados: Arawak reports improved performance
Arawak Cement Co Ltd of St Lucy, Barbados, announced a turnaround in its finances in 2015. While it did not release any hard data, it described 2015 as a “very encouraging” year...
TCL reports second consecutive year of record revenues
Trinidad Cement Co Ltd said it recorded its highest ever revenue of TTD2.1bn (US$319m), an increase of TTD12.4m compared to a year earlier despite facing increased competition. ...
Trading places Premium
The Caribbean and central America region is a significant trading hub and for some cement producers active in the region it is of considerable strategic importance. In this repo...
Colombia: Argos 3Q15 profits jump 63% YoY
Cementos Argos has announced a 63 per cent hike in profits for 3Q15. Revenues are up 35 per cent while EBITDA saw a 41 per cent advance. Dispatches were up to a record 3.8Mt, a ...
TCL quarterly revenue boosted by higher volumes, clinker exports
Trinidad Cement Ltd's (TCL) revenue rose by seven per cent in 3Q15 to TTD550.1m (US$86.3m) compared to TTD513.7m a year earlier, mainly to increased cement sales volume of 13 pe...
Cementos Argos launches brand in Puerto Rico
Colombia-based cement producer Cementos Argos has completed its entry into the Puerto Rican cement market by launching its brand locally. The company is importing cement through...
Fitch upgrades TCL's IDRs to 'B-'; Outlook Stable
Fitch Ratings has upgraded the Foreign and Local currency Issuer Default Ratings (IDRs) of Trinidad Cement Ltd (TCL) to 'B-' from 'D' and assigned an expected rating to the comp...
Cementos Argos
Cementos Argos’ 1Q15 results have revealed a 27 per cent jump in revenue to COP1.7trn (US$630m), driven by growth in trade to the US. Consolidated EBITDA over the period advance...
CCCL secures highway stabilisation contract, Jamaica
Caribbean Cement Company Ltd (CCCL) has secured a deal to supply cement for use in stabilisation of a 46km stretch of the north-south leg of Highway 2000, which is currently und...