Cemex Latam Holdings records net sales decline of 8% in 3Q20
Cemex Latam Holdings announced that its consolidated net sales declined by eight per cent in 3Q20 and EBITDA improved by 19 per cent compared to 3Q19. A controlling interest net...
Panama
48 posts · Page 2 of 5
Central America’s resilience Premium
The markets of Honduras, Panama, Guatemala, Belize, El Salvador, Nicaragua and Costa Rica will have to show fresh resilience in the resultant aftermath of COVID-19. Dependent on...
Cemex Latam Holdings sales decline 36% in 2Q20
Cemex Latam Holdings, SA announced that in a quarter marked by significant disruption from the COVID-19 pandemic, sales declined by 36 per cent in 2Q20, while EBITDA fell by 32 ...
Cementos Argos reopening Colombian plants
Cementos Argos announced it will be partially reopening its operations in Colombia to supply the public works that were given the go-ahead by Decree 531 of April 2020. The Riocl...
Cemex announces temporary closures in Colombia and Panama
Cemex has announced that its Colombian subsidiary will temporarily suspend production from 25 March, following a decree relating to the coronavirus pandemic. Certain activities ...
Panama’s government halts cement production and distribution
Through its Executive Degree No 506, the Panamanian government has suspended all construction activity, except construction projects provided by the health authority, in the cou...
Cementos Progreso acquires Cemento Interoceánico
Guatemala’s Cementos Progreso has acquired a 100 per cent stake in Cemento Interoceanico SA, a Panama-based producer. Fabrega, Molino & Mulino acted as a legal adviser to Cement...
New quality regulations due for Panama's cement market
New quality regulations for Panama’s cement market are due to come into effect on 3 December 2019 and are expected to affect cement importers, distributors and sellers, accordin...
Cemento Progreso acquires Cemento Interoceánico
Guatemala-based Cemento Progreso has bought a 100 per cent stake in Panamanian cement producer Cemento Interoceánico, according to Panamá América. In an internal communication t...
Cement production in Panama falls 10%
The drop-off in construction in Panama is being cited as the main reason for the depressed cement sector in the 1H19. According to data from the General Comptroller of the Repub...