Argos Board approves sale 20% stake in Argos Panamá
The Board of Cementos Argos has approved the sale of 20 per cent of shares of Argos Panama for the sum of US$126m.
Colombia
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Colombia: Cementos San Marcos orders second Loesche mill
One of Colombia’s most recent additions to its cement production base, Cementos San Marcos, has ordered its second Loesche mill for its plant located in Yumbo, some 20km north o...
Cementos Argos 2Q16 US results remain strong
For the second quarter Cementos Argos' cement volumes decreased by 1.9 per cent, totalling 3.5Mt, as a result of a challenging market environment in Colombia. These results were...
Seizing opportunities Premium
Cementos Argos has expanded rapidly over the last decade from a local Colombian company to a multinational cement, concrete and aggregates player, competing successfully in a gl...
Cemex Latin American Holdings sees improved cement volumes in Colombia
Cemex Latin American Holdings' first-half turnover fell by 10.1 per cent to US$672.1m, while EBITDA came off by 4.4 per cent to US$226.1m. At the trading level there was a 4.3 p...
Cementos Argos
Colombia’s cement producers, such as Cementos Argos, will be encouraged by the signing earlier this month of a bilateral freetrade agreement between Colombia and South Korea. Th...
Cementos Argos
A boom in infrastructure projects in Colombia is driving a flurry of activity among its cement producers to increase capacity and upgrade existing facilities. Among these is Cem...
Colombian cement market contracts 5% in May
Colombian cement deliveries in May slipped 5.3 per cent YoY in May, totalling 1.129Mt, according to the country’s statistics office, Dane. Output from Colombian cement factories...
Colombia's market expands 5.9% in April
Cement dispatches in Colombia rose 5.9 per cent to 1.05Mt in April 2015, according to the country’s statistics office, Dane.
US performance gives Cementos Argos strong 1Q16
In the 1Q16 Cementos Argos reported an income of COP2.2trn (US$720.1bn), up 334 per cent compared to the same period in 2015. EBITDA ascended to COP425bn, a 38 per cent increase...