Summit Materials acquired by Quikrete Holdings in US$11.5bn deal
Summit Materials , a US-based building materials company in which Cementos Argos holds a 31 per cent stake, is set to be acquired by Quikrete Holdings, a leading player in the N...
Cementos Argos
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Grupo Argos 3Q profit surges 75%, driven by Cementos Argos recovery
Grupo Argos, parent group of Colombian cement giant Cementos Argos , has announced a 75 per cent YoY increase in its net profit for the third quarter of 2024, reaching COP332bn ...
Argos Panama’s strive for carbon neutrality
Argos Panama (part of Cementos Argos SA ) is committed to making the construction of housing and infrastructure more sustainable. Gustavo Uribe, CEO of Argos Central America, hi...
Grupo Argos reports weak results for 2Q24
Grupo Argos, the Colombia-based conglomerate which owns Cementos Argos , has reported a 40 per cent drop in its 2Q24 income, falling to COP189bn (US$47m) from COP315bn in the 2Q...
Biomass: fuel of the future Premium
The use of biomass is a significant step forward in the decarbonisation of the cement industry. The last decade has seen the introduction of a range of biomasses in the kilns of...
Summit completes deal with Argos USA
Summit Materials has successfully completed its US$3.2bn combination with Argos North America Corp, the US operations of Cementos Argos SA . The combined company will be known a...
Key producers collaborate on new carbon capture technology
Holcim , SCG-CGS , Cementos Argos and Cements Molins are collaborating with Nuada, a pure-play carbon capture company, on a next-generation carbon capture technology designed to...
Heidelberg Materials named as Summit mystery bidder
Just weeks after it was reported that Summit Materials had entered into an agreement to merge with the US operations of Cementos Argos , Heidelberg Materials is allegedly lining...
Cementos Argos inaugurates solar park in Honduras
Cementos Argos has opened its new solar park at its Choloma unit in Río Blanquito, Honduras. The facility is the second-largest in the Honduran cement industry. The company has ...
Argos receives US$272m sustainability-linked loan
Colombia’s Banco de Bogotá has disbursed a US$272m sustainability-linked loan to Cementos Argos . The agreement allows a gradual reduction in interest rate subject to the cement...