Cementos Argos installs solar power unit in Honduras
Colombia’s Celsia CV (Grupo Argos) has installed a 10.6MW solar plant at Cementos Argos’ facility in Comayagua, Honduras. The unit consists of 32,160 solar panels and will be ab...
Grupo Argos
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US cement market boosted FY19 financial results
This week, several leading cement producers reported on their FY19 business results. ICR has taken a look at the results of HeidelbergCement, LafargeHolcim, Dangote Cement, Vica...
Argos named as second most-sustainable cement company in the world
Argos, part of Grupo Argos, was included for the seventh-consecutive year in the Dow Jones Global Index (DJSI) and was highlighted as the second most-sustainable cement company ...
Grupo Argos interested in Summit Materials merger
Grupo Argos has approached US aggregates and cement producer Summit Materials Inc about a merger, according to people familiar with the matter. The deal would expand Grupo Argos...
Grupo Argos to invest COP2.6trn in subsidiaries in 2019
Colombia’s Grupo Argos, parent company of Cementos Argos, has stated that it plans to invest around COP2.6trn (US$816m) in its cement, energy and construction subsidiaries this ...
Argos sells stake in port company
Grupo Argos has sold its 50 per cent stake in a port operator to an investment fund managed by Goldman Sachs for about US$136m, Grupo Argos said in a statement on Monday.
Jorge Mario Velásquez appointed new Grupo Argos CEO
Grupo Argos’ Board of Directors unanimously appointed Jorge Mario Velásquez as its new CEO, effective March 2016 following the retirement of incumbent chief, José Alberto Vélez....
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 a...
Grupo Argos raises US$509m in bond sale
Grupo Argos, the parent company of Colombia's leading cement producer Cementos Argos, has raised COP1trn (US$509.4m) in a bond sale on Wednesday that was more than doubly oversu...
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...