Argos records sales of COP8.5trn during the 3Q22
Argos ( 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 ...
Caribbean
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Caribbean Cement Co reports 13% 3Q revenue increase
Jamaica-based Caribbean Cement Co Ltd has posted robust 3Q22 results with revenues for the quarter increasing by 12.7 per cent to JMD6.2bn (US$40.3m) from JMD5.5bn in the 3Q21. ...
Caribbean sees rapid expansion for cement with construction growth
This week CEMEX announced that it has restarted its 0.5Mta kiln line at its San Pedro de Macoris plant in the Dominican Republic as part of its US$34m upgrade. While this plant ...
CEMEX restarts line in Dominican Republic
CEMEX has restarted the 0.5Mta Line 1 at its San Pedro de Macorís plant in the Dominican Republic. The US$34m upgrade project began in 2021 and forms part of the company’s expan...
Cemex plans 30% expansion at Caribbean Cement Co
CEMEX plans to expand the production capacity at its subsidiary in Jamaica, Caribbean Cement Co Ltd (CCCL). This expansion aims for an up to 30 per cent increase CCCL’s cement c...
CEMEX to install hydrogen technology at San Pedro De Macoris plant
CEMEX is implementing hydrogen technology at its San Pedro De Macoris cement plant in the Dominican Republic. Fernando A González, CEO of CEMEX, was at the project's inauguratio...
Argos generates revenue of COP2.9trn in 2Q22
Argos, ( 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 environm...
Caribbean Cement reports drop in 2Q profit
Jamaica-based Caribbean Cement posted operating profit of US$28.2m in the 1H22, representing a two per cent drop YoY from US$28.8m. Net profit also slipped by two per cent YoY t...
Inflationary pressures impact Argos results in the 1Q22
Argos ( Grupo Argos ) reports its 1Q22 generated record revenues of COP2.6trn (US$637.8m), up 11.2 per cent, and EBITDA of COP359bn, 17.8 per cent lower than in the 1Q21, mainly...
Bedeschi increases Domicem's reclaiming capacity
Bedeschi has been awarded the complete revamping project to be managed by Domicem ( Colacem group ) for the limestone reclaiming system located at the San Cristobal plant, Domin...