Colombia

Colombia cement dispatches rise 13% YoY in July

In July some 1.041Mt of grey cement were dispatched in Colombia, an increase of 12.6 per cent YoY, according DANE, the country’s statistics institute.

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.

Argos sees challenges at home

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.

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 cen...

Satarem supplies drying system to Cementos Tequendama

Satarem has a supplied a complete drying system to Colombian cement producer Cementos Tequendama.

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.

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.