Colombia

419 posts · Page 7 of 42

Colombian cement market contracts 7% in August

Colombian cement market contracts 7% in August

Cement consumption in Colombia declined 7.3 per cent to 1.103Mt in August 2023 from 1.19Mt in August 2022, according to the national statistics office, DANE. Contributing to thi...

Colombia’s cement market contracts 7% in July

Colombia’s cement market contracts 7% in July

Cement consumption in Colombia declined 6.5 per cent YoY to 1.052Mt in July 2023 when compared with 1.125Mt in July 2022, according to the country’s statistics office, DANE. In ...

Argos reports a 26% EBITDA growth in 1H23

Argos reports a 26% EBITDA growth in 1H23

Argos (Group Argos) had a solid operating period in the 1H23 recording an EBITDA of US$278m, an increase of 26 per cent and a sales rise of eight per cent or US$1.5bn. During th...

Colombian cement dispatches decline 8% in June

Colombian cement dispatches decline 8% in June

Colombia cement dispatches were down 7.5 per cent to 1.033Mt in June 2023 when compared with 1.117Mt in June 2022, according to the country’s statistics agency, DANE. Output fro...

Argos receives US$272m sustainability-linked loan

Argos receives US$272m sustainability-linked loan

Colombia’s Banco de Bogotá has disbursed a US$272m sustainability-linked loan to Cementos Argos . The agreement allows a gradual reduction in interest rate subject to the cement...

Colombian cement consumption up 2% in May

Colombian cement consumption up 2% in May

Colombia’s cement market expanded by 2.1 per cent YoY to 1.126Mt in May 2023 from 1.104Mt in May 2022, according to DANE, the country’s statistics office. Sales to ready-mix con...

Empresa Colombiana de Cementos appoints new MD

Empresa Colombiana de Cementos appoints new MD

Empresa Colombiana de Cementos and its Alión brand have named Martha Patricia Quintero Valderrama as the company’s new managing director. She succeeds Juan Martínez Gilsanz, who...