Grupo Argos formalises COP392bn sustainable linked loan
Grupo Argos and Bancolombia signed the first loan agreement tied to sustainability indicators in Colombia, where the interest rate is tied to the company’s performance on gende...
Colombia
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Colombian cement market expands 5% in February
Cement dispatches in Colombia increased 5.3 per cent to 1.079Mt in February 2021 when compared with 1.025Mt in February 2020, according to the country’s statistics office, DANE...
Argos launches Soluciones Verdes
Argos officially launched its Green Solutions portfolio 'Soluciones Verdes' following a webinar on 17 March. The Colombian cement producer outlined how it will produce more env...
Argos signs COP160bn ESG-linked performance loan with BBVA
BBVA and Argos (Grupo Argos) signed a long-term financing agreement through a sustainable loan in an ESG-linked format for COP160bn (US$44.8m) where the loan includes a pricin...
Colombian cement market stable in January
Cement consumption in Colombia slipped 0.3 per cent from 994,700t in January 2020 to 992,200t in January 2021, according to the country’s statistics office, DANE. Output from t...
Cementos Argos' 4Q20 regional results
Following yesterday’s financial results , Colombia’s Cementos Argos has also reported its regional breakdown for the final quarter and full year of 2020. USA region The com...
Cementos Argos reports 16% rise in EBITDA
Colombia's Cementos Argos has reported an adjusted EBITDA of COP448bn (US$125.66m) in the final quarter of 2020, an increase of 16.3 per cent YoY compared to COP385bn in the ye...
Cemex Maceo plant has environmental licence modified
The Regional Autonomous Corporation of Antioquia has notified Cemex Colombia that the modification of the environmental licence of the Maceo plant in Antioquia has been approve...
Cemex Latam Holdings announces 4Q20 EBITDA fall of 1%
Cemex Latam Holdings SA reported that the company's consolidated net sales and EBITDA in the 4Q20 fell by three and one per cent, respectively, compared to the 4Q19. Jesú...
Colombian cement market contracts 2% in December
Grey cement dispatches in Colombia fell 2.3 per cent from 1.079Mt in December 2019 to 1.054Mt in December 2020, according to the country’s statistics agency, DANE. Cement produ...