Argos reports 11% rise in revenues in 2019
On a consolidated basis, Colombia-based cement producer Argos reported an 11.4 per cent increase in revenues and a 14.3 per cent increase in EBITDA during 2019. The year ended s...
Colombia
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Cementos Argos installs solar power unit in Honduras
Colombia’s Celsia CV (Grupo Argos) has installed a 10.6MW solar plant at Cementos Argos’ facility in Comayagua, Honduras. The unit consists of 32,160 solar panels and will be ab...
Colombian cement market expands 9% in January
Cement dispatches in Colombia increased by 8.5 per cent YoY to 995,400t in January 2020 from 917,100t in January 2019, according the country’s statistics office, DANE. Shipments...
Cementos Argos sees 11% rise in revenue for 2019
Colombia’s Cementos Argos saw a 11.4 per cent YoY rise in consolidated revenue to COP9.3trn (US$2.71bn) in 2019. EBITDA increased 14.3 per cent YoY to COP1.75trn, while its oper...
Argos celebrates launch of green cement at Rioclaro
Cementos Argos' Rioclaro plant has started its new 0.45Mta calcined clay production line involving an investement of US$78m investment for the manufacture and distribution of gr...
Cemex Colombia extends O&M contract with Wärtsilä
Cemex Colombia has awarded Wärtsilä the four-year extension to the operation and maintenance (O&M), marking a 25-year continuous partnership by 2023. The 26MW Caracolito Cemex p...
Argos recycled more than 1m bags in Colombia
Colombia-based cement producer Argos recycled more than one million bags of cement last year, thanks to the Green Sacks Programme, which sees a more sustainable production line....
Colombian cement market expands 11% in December
Colombian grey cement dispatches advanced 10.9 per cent to 1.079Mt in December 2019 from 0.973Mt a year earlier, according to the country’s statistics office, DANE. Output of gr...
Colombian cement dispatches up 2% in November
Domestic dispatches in Colombia edged up 1.8 per cent to 1.083Mt in November 2019 from 1.065Mt in November 2018, according to the country’s statistics office, DANE. Colombian ce...
Ultracem takes seven per cent of Honduran market
Honduras’ third cement producer Ultracem has gained seven per cent market share in its first year of operations, according to La Tribune. The Colombia-based producer has focusse...