Cementos Argos begins to pay 2014 dividends
Colombian cement company Cementos Argos has started paying shareholder dividends corresponding to its 2014 to profits. Common stock shareholders will receive COP44.5/share. Tho...
Colombia
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Colombia: market expands 2.7% in May 2015
Cement dispatches in Colombia increased 2.7 per cent YoY to 1.062Mt, according to the country’s statistics office, DANE. The increase is primarily the result of an 8.7 per cent...
Cementos Argos
Cementos Argos’ 1Q15 results have revealed a 27 per cent jump in revenue to COP1.7trn (US$630m), driven by growth in trade to the US. Consolidated EBITDA over the period advanc...
Medcem to invest in 3Mta works in north Colombia
Turkish cement producer Medcem plans to built a 3Mta works in the north of Colombia, according to local press reports. The US$50m plant will be constructed in the Free Economic...
Colombian cement market expands 4.4 % in April
In April 2015 there was a 4.4 per cent YoY rise in cement dispatches in Colombia. Some 0.999Mt of grey cement reached domestic customers, according to the latest figures by the...
Argos reports solid start to the year
Argos reported a solid first-quarter results, with a double-digit rise in cement volumes and price recovery in both Colombia and the US. Consolidated revenues in the first ...
Cemex Latin American Holdings held back by weaker cement sales in Colombia
Cemex Latin American Holdings' turnover declined by 16.3 per cent in first quarter of the year to US$353.8m and EBITDA fell by 20.3 per cent to US$112.4m. At the trading level ...
Cemex to bring forward Caracolito expansion, Colombia
Cemex is bringing forward the expansion of Caracolito plant in Colombia, the corporate affairs vice-president of the company’s Mexican division has said. Daniel Suarez told l...
Colombia: Feb cement sales up 6.1%
Colombia saw a 6.1 per cent YoY rise in cement dispatches in February as 985,300t of the product were delivered, according to DANE, the national statistics office. The largest...
Cementos Argos
Findings from an investigation into alleged antitrust behaviour by Cementos Argos are due by mid-2015, according to Colombia’s Superintendency of Industry and Commerce (SIC). ...