Cement News tagged under: Colombia
Colombian cement market expands 12% in July10 September 2019, Published under Cement NewsColombia’s cement consumption increased 12.4 per cent YoY in July 2019 to 1.113Mt, reports the country’s statistics office, DANE. Domestic cement production increased 9.5 per cent YoY in July 2019 to 1.118Mt. Building companies and contractors increased their offtake by 15.8 per cent YoY while sales in the retail sector rose by 12.4 per cent. Sales to ready-mix concrete companies increased by 9.5 per cent. Sales in the key market of Antioquia were up 15.2 per cent YoY in July while in Val... |
Cementos Argos28 August 2019, Published under Cement NewsCementos Argos has reported a 10.6 per cent YoY increase in revenue to US$1.419m in the opening half of 2019. Over the same period, net profit advanced by 33.5 per cent to US$22m, while EBITDA improved by four per cent to US$262.4m. Cement shipments during the six-month period came in at almost 8Mt, up 1.2 per cent YoY, with concrete dispatches of 5Mm 3 , down 2.5 per cent YoY due to heavy rainfall. The 1H19 also saw the company complete the sale of its stake in OMYA Andina and Cartón de Col... |
Argos sees net income grow to US$22m in 1H1913 August 2019, Published under Cement NewsArgos has announced that the company's net income grew by 33.5 per cent to US$22m in 1H19. Argos revenues also expanded by 10.6 per cent to US$1.419m, while EBITDA registered an increase of four per cent to total US$262.4m. Cement shipments were just under 8Mt, 1.2 per cent higher than in 1H18 and concrete dispatched were 5Mm 3 , down 2.5 per cent in 1H18 due to heavy rainfall in some parts of the USA. The company also sold its stake in OMYA Andina and Cartón de Colombia in 2Q19 to ra... |
Colombian market expands 4% in June08 August 2019, Published under Cement NewsDomestic dispatches in Colombia advanced by 3.8 per cent from 0.943Mt in June 2018 to 0.979Mt in June 2019, according to DANE, the country’s statistics office. Bolívar and Meta saw deliveries rise by 31-32 per cent YoY, while Valle del Cauca’s market expanded by 25.1 per cent. Casanare noted 12.6 per cent higher sales and both Antioquia and Santander saw dispatches up by 8.2 per cent when compared with June 2018. Smaller gains were noted by Córdoba (7.9 per cent), Huila (5.8 per cent), Ces... |
Colombian cement market expands 7% in May02 July 2019, Published under Cement NewsGrey cement dispatches in Colombia advanced by 7.2 per cent to 1.055Mt in May 2019 when compared with May 2018, when domestic dispatches were 0.984Mt, according to the country’s statistics office, DANE. Grey cement production increased by 11.1 per cent YoY to 1.119Mt in May 2019. In May 2018 output reached 1.007Mt. January-May 2019 In the first five months of 2019 around 4.989Mt of grey cement was supplied to the Colombian market, which expanded by 2.6 per cent when compared with the 5... |
Caracolito’s cleaner air24 June 2019, Published under Cement NewsThe replacement of the electrostatic precipitator with a bag filter at Cemex’s Caracolito plant in Colombia has had a positive impact on the company’s emissions indicators as well as the local environment and neighbouring communities. By Cemex, Colombia. The new bag filter at Cemex’s Caracolito plant in Colombia has reduced particle emissions from 127 to 12mg/m 3 Colombia is one of Cemex’s most-important markets in Latin America due to its size, the dynamism of the local constr... |
Colombian cement market contracts 4% in April31 May 2019, Published under Cement NewsNational cement dispatches in Colombia declined 3.9 per cent YoY to 0.991Mt in April 2019 from 1.031Mt in April 2018, according to the country’s national statistics office, DANE. The market of Magdalena noted the largest contraction at 21.6 per cent, followed by Atlántico (-13.5 per cent), Córdoba (-12.6 per cent) and Cundinamarca (-11.1 per cent). Sales in Bogotá declined by 4.9 per cent and in Valle del Cauca they were 5.7 per cent down YoY. Casanare reported a 17.5 per cent advance in o... |
Dal Engineering Group wins multiple orders16 May 2019, Published under Cement NewsDal Group has reported the signing of a number of new orders in the cement sector in Colombia, Russia, Egypt and Qatar. Dal Machinery & Design (Dal Engineering Group) has been awarded the contract for delivering two surface feeders with a capacity of 2x200tph to Cementos Argos' Rio Claro cement plant in Colombia. According to the planned schedule, the installation of two surface feeders was executed in December 2018 and they are now fully operating. Dal Machinery & Design's surface fe... |
Argos' consolidated revenues rise 14% in 1Q1914 May 2019, Published under Cement NewsIn the first three months of 2019, Argos reported revenues of US$693.8m, an increase of 14 per cent on 1Q18. Operating EBITDA reached US$99.39m, 3.7 per cent higher, while net profit totalled US$4.9m. Total cement volumes for Argos amounted to 3.8Mt, 4.7 per cent higher than in 1Q18, while concrete volumes rose by 2.3 per cent to 2.4Mm 3 . "These results are the reflection of a great teamwork that results in the growth of our revenues and volumes, the increase of our financial flexibility... |
Colombian cement market advances 7% in March01 May 2019, Published under Cement NewsGrey cement production in Colombia increased seven per cent YoY to 1.14Mt in March 2019, according to the latest data by the country’s statistics office, DANE. Of this total, 1.044Mt was dispatched within the domestic market, an advance of 6.6 per cent when compared with March 2018. In regional terms, growth was particularly strong in Casanare (+38.6 per cent), Bolivar (+28 per cent) and Meta (+27.6 per cent) while Cesar, Boyacá, Huila and Risaralda all saw significant growth between 15-17... |