Argos to not bid for Lafarge/Holcim Brazilian assets
Cementos Argos has decided not to not bid for the Brazilian assets that Lafarge and Holcim have put up for sale ahead of their planned merger. Colombia’s largest cement pro...
Colombia
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Colombia’s October cement dispatches up 5.5%
Cement dispatches in Colombia saw a 5.5 per cent YoY expansion to 1.09Mt in October 2014, according to the latest data published by Dane, the country’s statistics office. Wh...
Cementos Argos to fire Rioclaro kiln with tyres
Colombia’s Cementos Argos will be using tyres to fire its Rioclaro kiln with the option to extend the programme to its other plants. In Colombia, 110,000t, or 7m, of waste ty...
Grupo Argos to issue preferential shares in 1Q15
Colombian holding Grupo Argos is planning to issue a base amount of 50m preferential shares in the first quarter of 2015 on the local and international markets, subject to the ...
Cementos Argos 3Q14 net profit jumps 69%
Cementos Argos, Colombia’s leading cement producer, posted a 69 per cent jump in net earnings for the first nine months of the year to COP217.5bn (US$111m), boosted by higher U...
Colombia's cement market expands 11% in September
Cement dispatches in Colombia rose 10.6 per cent YoY in September to 1.086Mt, according to the country’s statistics office, Dane. Grey cement production reached 1.072Mt, regist...
Mexican and Colombian imports to help meet Nicaragua project
Imports from Mexico and Colombia can ensure the supply of cement for the Gran Canal Interoceanico project in Nicaragua, according to the president of the High Council of Privat...
Cementos Argos board approves bond issue
The board of Cementos Argos has authorised a bond issue of up to COP1trn (US$493m), proceeds from which will be used for working capital and debt payments, the company said in ...
Colombian cement demand up 17% in August
Colombia’s cement consumption saw a 17.2 per cent rise to 1.020Mt in August 2014 when compared with the same month of 2013, according to the national statistic office, Dane. Ma...
Argos constructs new innovation centre
Cementos Argos has started construction of a new Argos Innovation Centre, in Medellín, Colombia. The project is being developed alongside EAFIT University and will become a new...