Cementos Argos 1H results impacted by challenging Colombian market
Cementos Argos released its 2Q18 results this week with revenues up by 1.4 per cent at COP2.184trn (US$726bn) from COP2.154trn in 2Q17. The 1H18 revenue amounted to COP4.092trn...
Central America
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FLSmidth signs two large cement plant contracts in Central America
FLSmidth has been awarded two new contracts for greenfield and brownfield cement plants in Central America. Both US$100m+ contracts include design and engineering, equipment su...
Cementos Argos sees falling volumes
Cementos Argos released its 1Q18 results this week , announcing revenues of COP1.9trn (US$670m), but cement sales fell by 4.1 per cent to 3.7Mt and ready-mix volumes by 7.5 pe...
Leading cement producers: 2017 overview
On the whole, 2017 was a year of growth for the world's leading cement producers. HeidelbergCement saw its revenues advance by 13.8 per cent YoY, while China's Anhui Conch repo...
Sika establishes El Salvador subsidiary
Sika is continuing to expand its presence in Central America and is setting up its 99th national subsidiary in El Salvador. The company will thus be represented by its own sale...
Cementos Progreso joins the CSI
Cementos Progreso of Guatemala has joined the Cement Sustainability Initiative (CSI) as its first affiliate member, a new level created this year by CSI to expand its membershi...
Argos sees challenges at home
Cementos Argos announced a net income of COP48bn (US$16m) for the second quarter of 2017 as the US and central America/Caribbean helped to mitigate challenging dynamics in i...
A fragile but positive outlook
While South America’s cement markets may have been considerably affected by the economic downturn, the Central American countries of Belize, Costa Rica, El Salvador, Guatemala...
Trading places
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 rep...
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...