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Uruguay: ANCAP turns in wider 2013 loss 11 May 2014 that affected a lot the final result of the company, with expenses in dollars and revenues in pesos. ANCAP subsidiary, Cementos del Plata, also noted losses of 25 to 30 million USD in 2013. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Financial Cemex may seek financing to fund asset purchases 06 May 2014 cement assets would be of interest because of its location. Thus the Mexican group adds to the announcement in April that Cementos Argos is ready to fill the void left in Latin America for divestments resulting from the union of Lafarge of France and... Type: Article Category: Mergers & Acquisitions Spain: Alfonso Gallardo Group sells off paper business 06 May 2014 majority creditor bank and the private equity firm Kohlberg Kravis Roberts (KKR) and announced that it will separate from Cementos Balboa, in Alconera (Badajoz) and Papresa in Renter├¡a (Guip├║zcoa), and thus reduces its debt by 500 million euros. By... Type: Article Category: Europe & Central Asia Alfonso Gallardo Group sells off cement business 05 May 2014 majority creditor bank and the private equity firm Kohlberg Kravis Roberts (KKR) and announced that it will separate from Cementos Balboa, in Alconera (Badajoz) and Papresa in Renter├¡a (Guip├║zcoa), and thus reduces its debt by 500 million euros. By... Type: Article Category: Mergers & Acquisitions Higher sales for Cementos Pacasmayo 29 April 2014 Peru based cement maker turns in higher sales even as profits declined ┬á (CW Group) Peruvian cement company Cementos Pacasmayo announced results for first quarter 2014 results, highlighting a 4% increase in sales volume of cement, reports Gestion.... Type: Article Category: Financial Cementos Molins turns in stronger Q1 profit 29 April 2014 Spain based company propelled by stronger overseas sales (CW Group) Cementos Molins says consolidated profit came in at ┬á6.5 million euros in the first quarter, representing an increase of 37.7% over the same period of 2013. International group... Type: Article Category: Financial Cementos Molins okays cash dividend payout 27 April 2014 Company has proposed 0.01 euro per share dividend (CW Group) Cementos Molins has called its annual general meeting for May 30th, which subject to shareholder approval will propose the re-election of six directors and the distribution of a dividend of... Type: Article Category: Financial Cementos Argos reports first quarter results 26 April 2014 Results include Honduras operation (CW Group) Cementos Argos reported financial results for its first quarter of 2014, registering a strong quarter including the consolidated results of the acquired operation in Honduras. Consolidated EBITDA reached... Type: Article Category: Financial Argos sees opportunity in Lafarge, Holcim merger 22 April 2014 Company also fine tuning strategy to face new global cement giant ┬á (CW Group) Cementos Argos says it is in the process of finding opportunities with the recent merger of France's Lafarge and Switzerland's Holcim, reports Bluradio. This merger will... Type: Article Category: Mergers & Acquisitions Venezuela imports cement materials from Jamaica 15 April 2014 the goal of the Great Mission Housing Venezuela". The State has control of 90% of the cement market through Venezolana de Cementos, Venezuelan Cement Industry (Invecem), National Cement Factory (NCF) and Cemento Andino, and in three of these industries... Type: Article Category: Markets & Competition Cartera Deva relinquishes Cementos Portland board seat 14 April 2014 company Cartera Deva, controlled by the Basque family Aguinaga, has resigned as a member of the board of Cementos Portland Valderrivas, reports Expansion. ┬á This output is after on April 4 Eurocis, also owned by Aguinaga family, sold to CaixaBank 5.01%... Type: Article Category: Mergers & Acquisitions Cementos Argos acquires Ciments Guyanais 09 April 2014 Acquired company was Lafarge, Holcim JV in French Guiana ┬á (CW Group) Cementos Argos announced the acquisition of Ciments Guyanais for 50 million euros, the joint venture between Lafarge and Holcim in French Guiana, two days after the announcement of... Type: Article Category: Mergers & Acquisitions Chile: Builders expect earthquake boost 02 April 2014 shares pick up on speculation that the earthquake will spur demand for construction materials, reports Business Week. ┬á Cementos Bio Bio gained the most in four years, climbing 8.8% to 559 pesos at the day close in Santiago and earlier jumped as much... Type: Article Category: Markets & Competition Spain: Environmental group raps cement makers 27 March 2014 the three cement plants present in Castilla y Le├│n as potential companies: Tudela Vegu├¡n in La Robla (Le├│n), Cementos Cosmos in Toral de los Vados (Le├│n) and Portland Valderrivas in Venta de Ba├▒os (Palencia). Copyright CW Group. All rights... Type: Article Category: Environment Mexico: Hidalgo praised for its cement production 27 March 2014 the newest cement plants in the country. Two cement plants located in Hidalgo were recognized for zero accidents in 2013: Cementos Fortaleza Tula and Cemex Atotonilco de Tula. Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Markets & Competition Cementos Portland proposes capital increase 26 March 2014 Company says this is to offset 100 mm euro credit it secured from FCC last December ┬á (CW Group) In Spain, Cementos Portland Valderrivas is proposing a capital increase amounting to 111 million euros to offset credit of 100 million granted in December... Type: Article Category: Financial Argos building new distribution center in Colombia 23 March 2014 Company says it will invest US$35.2 mm for the project in Cartagena ┬á (CW Group) Cementos Argos President Jorge Mario Velasquez announced the company is building a distribution center in Cartagena with an investment of US$35.2 million, reports La... Type: Article Category: Plant Expansions Spanish energy reforms threaten companiesÔÇÖ future 23 March 2014 energy sector up in arms, reports Invertia. The energy reform threatens the future of Ence, Iberpapel, EUROPAC Sniace or Cementos Portland. ┬á "Investments will be aimed primarily at energy projects and countries that enjoy a predictable and stable... Type: Article Category: Europe & Central Asia Peru delivers cement cargo to Brazil 20 March 2014 of Acre following the series of powerful flooding that left the state isolated. One of the main producers in Arequipa is Cementos Yura, belonging to Grupo Gloria, which caters not only the demand of Arequipa, but also the one from Cusco, Tacna and... Type: Article Category: Markets & trade Peru delivers cement cargo to Brazil 20 March 2014 of Acre following the series of powerful flooding that left the state isolated. One of the main producers in Arequipa is Cementos Yura, belonging to Grupo Gloria, which caters not only the demand of Arequipa, but also the one from Cusco, Tacna and... 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