Fitch Ratings upgrades Argos from stable to positive
Argos, a Grupo Argos cement company, received an upgrade in its credit rating outlook, going from 'Stable' to 'Positive' according to Fitch Ratings, an international credit rati...
Central America
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Domicem wins Energy Award for solar power plant
The Domicem cement plant (Colacem group) has received the award of excellence in the Energy Rinnovabili category, for the project "Improvement in solar park control systems", in...
Holcim Costa Rica wins Positive Packaging Certification
As part of its efforts aimed at operating as a responsible company with the environment and with people, Holcim Costa Rica became the first subsidiary of Holcim in the world to ...
Honduran price hike cancelled
The HNL10 (US$0.41) increase in the price of cement in Honduras, effective from 1 January 2022, has been cancelled following an agreement between private firms committee, Cohep,...
Honduran cement price rise alarms construction industry
Members of the Honduran Chamber of the Construction Industry (CHICO) have demanded that the cement industry explains the reasons for a HNL10 (US$0.41) price increase for a bag o...
Cemex and Cementos Progreso see growth scenarios
At the end of last year, Cemex agreed to the sale of its Costa Rica and El Salvador operations to Guatemala's Cementos Progreso for US$335m. ICR discusses the ongoing Cemex stra...
Cemex to sell Costa Rica and El Salvador operations to Cementos Progreso
Mexico-based Cemex has signed an agreement for the sale of its operations in Costa Rica and El Salvador with Guatemala’s Cementos Progeso Holdings, for the amount of US$335m, to...
Argos announces US$23m investment in Honduran strategic projects
Argos will invest US$23m in several projects to improve operations at its Honduran plants. The investment is also expected to support the country’s growth and development. The c...
CEMEX joins the UN CFO Taskforce to promote sustainability goals
CEMEX SA de CV has joined the United Nations (UN) Global Company CFO Taskforce for the Sustainable Development Goals (SDG) as the company continues to align its financial strate...
Cruz Azul legal dispute risks sustained cement production
Mexico-based cement producer Cruz Azul is currently facing a legal conflict in its plant in Tula, Hidalgo, that threatens to impact cement production. The plant currently employ...