Colombia’s Argos closes 2012 with 25% rise in EBITDA
Argos, Colombia’s largest cement producer, recorded a 25 per cent YoY rise in EBITDA in 2012 and an 82 per cent rise in operating income. The group, which also operates in the C...
Colombia
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Cemex Lat'Am publishes 2012 results
As a result of the flotation of a minority stake in the Central and South American operations of Cemex, Cemex Latin American Holdings' 2012 results have just been published for ...
Colombia’s cement output drops 1.3% in December 2012
Colombia’s grey cement production fell 1.3 per cent YoY in December 2012 as output slipped to 948,400t, according to the national statistics agency DANE.
Argos looking to raise US$411m with bond issuance
Grupo Argos is looking to raise up to COP750bn (US$411m) with the issuance of mandatory convertible bonds scheduled for November 27, local paper La República reported. Groupo Ar...
Holcim continues Colombian feasibility study
Holcim approved the continuation of the feasibility study to build a new cement plant in Colombia. According to Miguel Angel Rubalcava, Holcim’s president in Colombia, the inves...
Cemex prices Latam IPO, Colombia
Cemex announced it has priced shares of its Latin American unit Cemex Latam Holdings SA at COP12,250 (US$6.75) each in an offering from which it expects to receive about US$1.1b...
New order for Gebr Pfeiffer in Colombia
Cementos Tequendama has ordered an MPS 140 BK coal mill coal mill from Gebr Pfeiffer, Inc, a subsidiary of Gebr Pfeiffer SE. Cementos Tequendama’s plant is located in the outski...
Cemex launches Latam IPO, Colombia
Cemex officially launched on Monday the Colombian initial public offering of its Latin American unit, with books open from 29 October to 6 November, the company said. Cemex has ...
Keeping pace with demand
Updates this week from the Latin American cement sectors of Colombia, Bolivia and Peru show buoyant market conditions prevail and some local producers are expanding capacities t...
Cemex announces Latam share offering, Colombia
Cemex said on Friday it plans to offer some 126.6 million common shares of its Cemex Latam Holdings unit to be listed in the Colombian stock market.