Colombian demand grows 12% in February
Colombian cement demand expanded by 11.7 per cent in February 2014 compared to the previous year with dispatches reaching 924,000t, according to the statistics office, Dane. Ma...
Colombia
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Argos Board approves US$50m loan
The board of Colombia’s Argos Group has approved a US$50m loan with the Bank of Bogotá and Miami Agency. The 180-day credit was extended to cover operating cash flow needs.
Cementos Argos
Earlier this month Cementos Argos increased the price of cement by HNL8 (US$0.42)/bag taking a 42.5kg bag of Piedra Azul cement to HNL168 (US$8.63). The price had previously be...
Colombia’s Argos invests in new Cartagena distribution centre
Cementos Argos will be investing US$35.2m in a new distribution centre in Cartagena, announced the company’s president Jorge Mario Velasquez at the shareholders’ meeting. Th...
Colombia maintains cement demand
Colombian cement shipments reached 806,000t in January, according to national statistics office, Dane with better sales to the ready-mix concrete, builders and contractors segm...
Argos: positive developments across the board
Argos, closed 2013 with a strong rise in EBITDA on the back of positive contributions from all its regional divisions. Other highlights for the year were the inclusion of Argos...
FLSmidth establishes Colombian office
FLSmidth is expanding its operations on the Colombian market through the establishment of a new office in the city of Barranquilla in the northern part of the country. “The ne...
Colombia's 2013 cement output up 3%
Colombian yearly cement production increased three per cent to 11.25Mt compared to 2012 with dispatches for 2013 up 3.5 per cent to 10.87Mt, reports Business News America.
Colombia: market expands 6.9% in November
Grey cement production in Colombia during November 2013 totalled 1.02Mt, a 9.6 per cent increase when compared with the same month of the previous year. In addition, the dome...
Colombian market expands 14% in October
Colombia’s cement production jumped 18.4 per cent YoY to 1.4Mt in October while deliveries increased by 13.9 per cent to 1.032Mt, according to the country’s national statistics...