Argos sells stake in port company
Grupo Argos has sold its 50 per cent stake in a port operator to an investment fund managed by Goldman Sachs for about US$136m, Grupo Argos said in a statement on Monday. Co...
Colombia
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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...
Colombia sees grey cement sales slip
Colombia’s cement sales slipped 1.3 per cent YoY to 0.984Mt in June 2017 when compared with the previous year, according to the country’s statistics office, DANE. Ready-mi...
Colombian sales dip under 1Mt mark
Colombian grey cement deliveries slipped 0.6 per cent YoY to 0.999Mt in May 2017, according to DANE, the country’s statistics office. This compares favourably with a 5.3 per ce...
Satarem supplies drying system to Cementos Tequendama
Satarem has a supplied a complete drying system to Colombian cement producer Cementos Tequendama. The system consists of a three-sleeve dryer (φ3.6 × 8m) with a capacity of ...
Colombian market contracts 15%
In April 2017 cement consumption in Colombia fell 14.9 per cent to 0.9Mt from 1.058Mt in April 2017, according to Colombia’s statistics office, Dane. Sales across all distri...
Cementos Argos 1Q revenues impacted by Colombia
Cementos Argos posted a 6.1 per cent decline in consolidated revenues for the first three months of the year, citing a challenging first quarter affected mainly by Colombia. ...
Cementos Molins to raise capacity by 4.4Mta
In the next three years Cementos Molins plans to invest EUR350m to increase its capacity by 4.4Mta. The company currently has projects in Argentina, Colombia and Bangladesh. ...
Cementos Argos
February 2017 saw cement consumption in Colombia contract by 3.5 per cent, according to DANE, the country’s statistics office. Just over 1Mt was consumed in the second month of...
Cemex requests new authorisation to increase capacity in Colombia
Cemex Latam Holdings has announced it will present a new application for an environmental permit which would enable the Mexico-based cement producer to increase capacity at its...