Cementos Argos sets up Bermudan business unit
Colombia-based Cementos Argos SA has set up a new wholly-owned subsidiary, BMR Ltd. The new business unit in Bermuda is part of the company’s risk management strategy. With the ...
Colombia
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Colombian cement market expands 3% in February
Domestic dispatches in Colombia edged up by 2.6 per cent to 1.107Mt in February 2022 from 1.079Mt in February 2021, according to the country’s statistics office, DANE. Dispatche...
Colombian cement market contracts to 0.963Mt in January
Cement dispatches in Colombia decreased 2.5 per cent YoY to 963,900t in January 2022 when compared with 989,100t reported in January 2021,when dispatches slipped 0.6 per cent Yo...
Argos reports consolidated EBITDA of COP2.16bn in 2021
Argos, Grupo Argos' cement company , reported a consolidated EBITDA of COP2.16bn (US$55m) at the end of 2021, representing an increase of 34 per cent compared to 2020 and the hi...
Cementos Argos erects industrialised plant for concrete modular solutions
With the installation of the first industrialised plant for concrete modular solutions in Colombia, Argos will begin to produce and market modular solutions in concrete for buil...
Argos opens new Cartagena terminal
Colombia-based Argos has inaugurated its new port terminal in the free zone of Cartagena, Colombia. the new terminal will triple its export capacity to 3.5Mta. The terminal can ...
Colombia cement deliveries up 7% in December
Colombian cement sales increased by 7.6 per cent YoY to 1.135Mt in December 2021 from 1.054Mt in December 2020, according to the country’s statistics office, DANE. Of this total...
Argos awarded S&P Global Gold Class Award in 2022 Sustainability Yearbook
For promoting and implementing excellent environmental, social, and corporate governance (ESG) practices and for being recognised as a world leader in sustainability in the cons...
Colombia's cement market expands 4% in November
Colombian cement demand increased four per cent YoY in November 2021 to 1.167Mt from 1.122Mt in November 2020, according to the country’s statistics office, DANE. When compared ...
Argos set to commission new terminal
Argos has invested close to US$42m for the construction of a new terminal in the free trade zone of Cartagena, Colombia. As such, it is expanding its port infrastructure and the...