Cement News tagged under: Colombia
Argos opens new Cartagena terminal14 February 2022, Published under Cement NewsColombia-based Argos has inaugurated its new port terminal in the free zone of Cartagena, Colombia. the new terminal will triple its export capacity to 3.5Mta. The terminal can serve vessels of up to 60,000t. The company invested nearly US$42m in the new terminal, which includes a berthing platform of 152m long by 18m wide that joins the coast by a 170m-long civil walkway. It also consists of closed conveyor belts with a capacity to transport 1200tph of cement and 900tph of clinker from ... |
Colombia cement deliveries up 7% in December08 February 2022, Published under Cement NewsColombian cement sales increased by 7.6 per cent YoY to 1.135Mt in December 2021 from 1.054Mt in December 2020, according to the country’s statistics office, DANE. Of this total bulk sales were up 18.2 per cent while bagged cement saw a 3.5 per cent expansion. Sales to ready-mix concrete companies were up 17.9 per cent while retail sales grew by 5.1 per cent YoY. However, construction companies and contractors reported a 5.2 per cent decline in offtake. Output from domestic cement plants... |
Argos awarded S&P Global Gold Class Award in 2022 Sustainability Yearbook02 February 2022, Published under Cement NewsFor promoting and implementing excellent environmental, social, and corporate governance (ESG) practices and for being recognised as a world leader in sustainability in the construction materials sector by the Dow Jones Global Index, Argos , the cement company owned by Colombia-based Grupo Argos , received the Gold Class distinction in the 2022 Sustainability Yearbook awarded by S&P Global firm. This year Grupo Argos and Celsia, the group's energy business, were also recognised with g... |
Colombia's cement market expands 4% in November06 January 2022, Published under Cement NewsColombian cement demand increased four per cent YoY in November 2021 to 1.167Mt from 1.122Mt in November 2020, according to the country’s statistics office, DANE. When compared with November 2019 the market expanded by 7.7 per cent from 1.083Mt. In November 2021, bulk cement sales advanced by 11.2 per cent while bagged cement sales edged up one per cent, reflecting mainly a 12.9 per cent YoY rise in offtake by ready-mix concrete companies. Retail sales were up by 3.3 per cent YoY but constr... |
Argos set to commission new terminal23 December 2021, Published under Cement NewsArgos has invested close to US$42m for the construction of a new terminal in the free trade zone of Cartagena, Colombia. As such, it is expanding its port infrastructure and the movement of cement, clinker and other raw materials to 3.5Mta, which will triple its capacity to receive and export products. The new terminal is expected to begin operations in the first quarter of 2022. "We are extremely proud to materialise this ambitious project to expand our export capacity from Colombia and t... |
Argos announces US$23m investment in Honduran strategic projects21 December 2021, Published under Cement NewsArgos will invest US$23m in several projects to improve operations at its Honduran plants. The investment is also expected to support the country’s growth and development. The company will expand its installed capacity at Piedras Azules, Comayagua, to increase its annual cement production by 35 per cent as it forecasts accelerated market demand. Furthermore, Argos will invest in renewable energy by expanding its solar farm in Comayagua, which was opened in 2020, and currently consists of... |
Colombian cement demand falls to 1.15Mt in October14 December 2021, Published under Cement NewsCement dispatches in Colombia slipped 1.6 per cent YoY to 1.15Mt in October 2021 from 1.169Mt in the same period of the previous year, according the country’s statistics office, DANE. When compared with the 1.111Mt dispatched in October 2019, deliveries were up 3.5 per cent. Deliveries to ready-mix concrete companies increased 7.5 per cent, but construction companies and contractors purchases were down by 16.3 per cent while off-take in the retail segment slipped 1.1 per cent. Domestic pr... |
Saint-Gobain and Cementos Argos create joint venture10 December 2021, Published under Cement NewsSaint-Gobain and Cementos Argos have entered a joint venture agreement to develop mortar solutions. The partnership will combine Saint-Gobain’s mortar technology with Argos’ strong leadership and local presence. The aim is to offer a wide range of solutions across Colombia to accelerate the evolution of the construction market towards a more professional and sustainable future, creating employment and long-term value for all stakeholders. This project will strengthen the leadership... |
Cementos Argos to list US business on NYSE09 December 2021, Published under Cement NewsCementos Argos plans to list its US business on the New York Stock Exchange after several months of analysis. The company will be listed through an initial public offering registered under the rules of the US Securities Exchange Commission (SEC) and will implemented once the structuring process has been completed, in compliance with applicable US regulations. The cement producer will aim to improve the share price for partners and optimise the capital structure. As a result, Cementos Arg... |
Argos to collect 5000 waste tyres per month in Honduras24 November 2021, Published under Cement NewsColombia’s Argos will collect around 5000 waste tyres per month in Choluteca, Honduras, and transport them to Comayagua for disposal at its Piedras Azules cement plant. Cementos Argos is working with Fundesur and Fundación HERCO to successfully launch the Responsible Management of Waste Tyres programme in Choluteca. The three organisations expect to remove more than 60,000 tyres in the first year of the programme, which has the support of MiAmbiente, the Secretary of Health and the Municip... |