Cement News tagged under: Cementos Argos
CarbonCure Technologies demonstrates CO2 capture and utilisation28 February 2018, Published under Cement NewsCarbonCure Technologies claims that it has led a team of five companies to demonstrate the world's first integrated CO 2 capture and utilisation (CCU) from cement for concrete production. CO 2 emissions from the Cementos Argos' Roberta cement plant near Calera, Alabama, were captured by Sustainable Energy Solutions’ (SES) cryogenic CO 2 capture technology, transported by Praxair, Inc and reused in Argos' Glenwood (Atlanta) concrete operations equipped with CarbonCure's CO 2 utilisation ... |
Cemengal wins new order from Cementos Argos in Honduras21 February 2018, Published under Cement NewsCemengal of Spain has won an order for Cementos Argos for two Plug&Grind XL units with a production capacity of 220,000tpa each to be located in Honduras. These modular plants will consist of a 3 x 9.5m ball mill, driven by 1100kW of power, including a latest-generation classifier and a bag filter with a capacity of 50,000m 3 /h. The scope of supply also includes new cement storage silos for finished product, packaging and dispatching equipment. |
Cementos Argos sees revenues rise, but Colombia challenges income13 February 2018, Published under Cement NewsArgos reported an improvement in its revenues for 4Q17 with stable sales for the full-year 2017. While EBITDA results fell both for 4Q17 and 2017, adjustment for non-recurring severance payments and anticipated pensions took out some of the sting as adjusted EBITDA margins for 4Q17 and 2017 reached 17.8 and 17.3 per cent, respectively. However, positive dynamics in the USA and the Caribbean and Central America regions could not fully offset a more challenging home market in Colombia and the ... |
Cementos Argos marks record-breaking year08 February 2018, Published under Cement NewsCementos Argos has reported a positive domestic performance in Honduras throughout 2017. The company sold over 1.1Mt of cement in a record-breaking year, representing a 15 per cent YoY growth. The majority, 80 per cent, of Cementos Argos’ sales are generated through general use cement, according to M-Brain. Specialised structural cement accounts for 15 per cent, with white cement contributing the remaining five per cent. |
New Honduras plant for Cementos Argos02 February 2018, Published under Cement NewsCementos Argos has announced plans to build a new cement plant in Choloma, Honduras. The new grinding centre, with a production capacity of 0.44Mta, is expected to be commissioned by the end of the year. "We chose this location because it is an industrial municipality and that facilitates the arrival of new investments," said Gustavo Uribe, general manager of Argos Honduras. Cementos Argos plans to invest around HNL500m (US$21.2m) and boost production capacity by 30 ... |
New challenges for Colombia's market leader05 January 2018, Published under Cement NewsThis week the Colombian cement market has reported cement dispatches up by just 0.3 per cent YoY for November 2017. The latest ICR data suggests that while annual cement consumption in Colombia for 2017 was still down approximately -0.5 per cent, monthly returns have improved in recent months. In spite of this lacklustre growth, Cementos Argos managed increased volumes of 6.9 per cent in 2H17 in the domestic market, in part helped by the fall in national cement imports, which declin... |
Cementos Argos, Cemex and Holcim fined COP200bn13 December 2017, Published under Cement NewsColombia has fined Cementos Argos, Cemex and Holcim over COP200bn (US$66m) for fixing prices, according to Reuters. The fine has been applied to the companies and some of its managers. In total, the companies represent 96 per cent of Colombia’s cement market and allegedly agreed to set prices between January 2010 and December 2012. Cement prices in this period increased 29.9 per cent whilst inflation was just 9.3 per cent. Holcim released a statement protesting the fine applied by the ... |
Cementos Argos sets up waste recycling company11 December 2017, Published under Cement NewsColombian cement producer Cementos Argos announced the creation of Granulados Reciclados de Colombia, a company that will recycle construction waste into aggregates, bases and subbases. The new firm will operate from Argos' Cota plant in Cundinamarca and will process up to 200tph of waste into wood, metal, plastic and stone as well as up to 1Mta of construction waste. |
Cementos Argos launch Soluble Smart Pack Cement21 November 2017, Published under Cement NewsCementos Argos SA along with its local partners and distributor National Hardware (Guyana) Ltd launched its latest innovation, Soluble Smart Pack Cement, on Friday. A demonstration of the product was carried out at National Hardware, showing how the cement bag becomes mortar. The aim is to provide more environmentally-friendly ways of disposing of the cement bags. Argos said that: "innovation is the only way to remain competitive in order to offer the best and more efficient solutions t... |
Cementos Argos raises cement volumes by 16.7% in 3Q1713 November 2017, Published under Cement NewsCementos Argos reports in its 3Q17 results that consolidated cement volumes reached 4.2Mt, with a 16.7 per cent increase driven by positive dynamics in the company's operating regions and the consolidation of the Martinsburg plant operation. Concrete volumes decreased 6.1 per cent, due to the performance of Texas and Colombia. The adjusted EBITDA, excluding no-recurring items associated to the BEST programme, closed in COP428bn (US$143.2m), compared to COP398bn in 3Q16, with a 19.5 per... |