Cement News tagged under: Panama
Cementos Argos reopening Colombian plants16 April 2020, Published under Cement NewsCementos 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 Rioclaro works in Antioquia as well as a limited number of concrete plants will open, in line with health and safety guidance defined by the authorities, according to Valora Analitik. "The company is ready to scale up its operation in the country once the activity of construction of buildings and the commercialisation of... |
Cemex announces temporary closures in Colombia and Panama27 March 2020, Published under Cement NewsCemex has announced that its Colombian subsidiary will temporarily suspend production from 25 March, following a decree relating to the coronavirus pandemic. Certain activities may resume on or before 13 April, if permitted. In addition, following measures implemented by the authorities in Panama, Cemex will also temporarily stop production and related activities in the country. |
Panama’s government halts cement production and distribution25 March 2020, Published under Cement NewsThrough its Executive Degree No 506, the Panamanian government has suspended all construction activity, except construction projects provided by the health authority, in the country, reports Panamá América. The measure includes the production, distribution and dispatch of cement, concrete and its derivatives. Quarrying has also been suspended. The new legislation takes effect from 23.59h on Wednesday, 25 March 2020. |
Cementos Progreso acquires Cemento Interoceánico17 January 2020, Published under Cement NewsGuatemala’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 Cementos Progreso, while Morgan & Morgan represented Cemento Interoceanico, according to Market Line. |
New quality regulations due for Panama's cement market03 December 2019, Published under Cement NewsNew 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, according to La Estrella de Panamá. The new norms establish that all hydraulic cement commercialised in the market, including imported cement, must comply legislation issued by the Ministry of Commerce and Industries in July 2019, which encompasses labelling, storage, testing and chemical content among other specifics. |
Cemento Progreso acquires Cemento Interoceánico20 November 2019, Published under Cement NewsGuatemala-based Cemento Progreso has bought a 100 per cent stake in Panamanian cement producer Cemento Interoceánico, according to Panamá América. In an internal communication to its staff, Cemento Interoceánico informed its personnel that labour conditions would remain the same and there would be no change of leadership. |
Cement production in Panama falls 10%30 August 2019, Published under Cement NewsThe 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 Republic, between 1H18 and 1H19, the total cost of construction went from US$662m to US$510m, which is equivalent to a fall of 23 per cent. Cement production totalled 749,235t in January to June 2019 and ready-mix concrete amounted to 614,210Mm 3 for the same period, a fall of 12 and 10 per cent, respectively, on 1H18.... |
Argos Panamá submits EIS for Balboa clinker plant21 August 2019, Published under Cement NewsArgos Panamá SA has submitted an environmental impact study for its Balboa project to the country’s Environment Ministry. The new clinker plant will be built on a 18ha plot in Buena Vista, Colón province. The works will include limestone crushers, raw material grinding and clinker production equipment as well as conveyors, according to CentralAmericaData. The project represents an investment of US$168m. |
Panama improves cement quality requirements and standards30 July 2019, Published under Cement NewsPanama’s Minister of Trade and Industry, Ramón Martínez, signed two ministerial resolutions aimed at improving the requirements and standards of cement quality, both for domestic and imported cement. The new technical standard DGNTI-COPANIT 5-2019 of building, building materials, hydraulic cement sets out the chemical, physical and performance requirements of general and specialised cements, as well as the packaging, transportation, storage and use requirements. The Technical Regulation... |
China accounts for 15% of Central American cement imports07 January 2019, Published under Cement NewsIn the first half of 2018, Central America’s largest importing country was Nicaragua, which purchased cement from overseas sources to the value of US$28m, followed by Guatemala at US$18m. Smaller volumes were imported by El Salvador (US$12m), Honduras (US$7m), Panama (US$6m) and Costa Rica (US$5m), according to CentralAmericaData. YoY the volume of cement imports in the region advanced by two per cent from US$75.6m to US$77.1m in the 6M18 when compared with the year-ago period. Around 15... |