Five Star Mining to invest US$200m in Honduras
Five Star Mining (FSM) intends to invest US$200m over three years in the Honduran cement and mining industry, according to the country’s Subsecretariat of Environment and Mining.
Honduras
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Honduran authorities to monitor cement prices
The Secretariat of Economic Development in Honduras announced it will be monitoring cement prices to protect consumers in San Pedro Sula, northern Honduras.
Argos increases cement price in Honduras
Argos Honduras will increase the price of its cement as of Tuesday, 11 March after it received government authorisation to raise prices by HNL8/bag.
Honduras cement prices up for discussion
The Honduras Ministry of Industry and Commerce, the Commission for the Defense and Promotion of Competition and the country’s cement companies will meet Thursday to discuss chan...
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 ...
Honduras government freezes cement price for further 30 days
Following an agreement with local cement companies, the Honduran government resolved to continue freezing cement prices at HNL160 (US$8.07)/bag.
Lafarge
Lafarge has agreed the sale of its 53.3 per cent stake in its Honduras subsidiary Lafarge Cementos SA de CV to Cementos Argos for €232m, subject to the necessary official approv...
Lafarge sells Honduras operations to Cementos Argos
Lafarge announced the sale of its cement operations in Honduras to Cementos Argos for a total enterprise value of EUR435m, the France-based cement major announced in a statement...
Lafarge: July '12
Lafarge's 1H turnover increased by an underlying 4.9 per cent to €7614m and the EBITDA rose by 7.8 per cent to €1523m, while the trading profit increased by 14.7 per cent to €10...
Talks on new Guatemala-Honduras venture
Honduran President, Porfirio Lobo Sosa has begun talks with representatives from a Guatemalan cement producer on the possible establishment of a cement factory in Honduras. Ceme...