Cementos Argos board approves bond issue
The board of Cementos Argos has authorised a bond issue of up to COP1trn (US$493m), proceeds from which will be used for working capital and debt payments, the company said in ...
Cementos Argos
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Argos constructs new innovation centre
Cementos Argos has started construction of a new Argos Innovation Centre, in Medellín, Colombia. The project is being developed alongside EAFIT University and will become a new...
Cementos Argos to boost Colombian capacity with new 2.3Mta line
Cementos Argos is to expand its Sogamoso cement plant, located in the Boyacá department of Colombia, with a new 2.3Mta line, involving an investment of US$450m. The strategic...
Argos wins Social Responsibility Award
Argos has become the first Colombian company to win the Social Responsibility Award, by the Inter-American Federation of the Construction Industry in partnership with the Latin...
Argos considers acquiring Holcim and Lafarge Latin America divestments
Colombia's Cementos Argos is currently looking into acquiring the assets Lafarge and Holcim are planning to sell in Latin America, particularly Mexico and Brazil. However, it h...
Argos plans innovation centre, Colombia
Cementos Argos is planning to develop an innovation centre in Colombia, covering an area of 4807m2, at a cost of COP23.70bn (US$12.73m). The centre will be carried out in par...
Argos sees strong performance in US division
Argos closed the first half of 2014 with an 87 per cent increase in net profit driven by acquisitions and positive market trends, most notably in the US which generated earning...
Solid first quarter for Cementos Argos
Cementos Argos posted first-quarter net income of US$39m, up 51.7 per cent compared to the first quarter 2013. The company attributed the increase in net income in part to th...
Colombia’s Argos invests in new Cartagena distribution centre
Cementos Argos will be investing US$35.2m in a new distribution centre in Cartagena, announced the company’s president Jorge Mario Velasquez at the shareholders’ meeting. Th...
Argos increases cement price in Honduras
Argos Honduras will increase the price of its cement as of Tuesday, 11 March after it received government authorisation to raise prices by HNL8/bag. A 42.5kg bag of Piedra Azu...