españolCement: New Regulations to Apply in March 2020Thursday, December 19, 2019 The new technical regulation for cement in Panama, which was scheduled to come into force on December 3, will be applicable as of March next year. One of the new aspects of the regulation is that it requires national and importing cement companies to process a certificate of conformity and a civil liability policy for each lot to be marketed.
MARKET STUDY
Cement: Regional Purchases up 21%Tuesday, January 7, 2020 During the first half of 2019, Central American companies imported $93 million in hydraulic cement, 21% more than in the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"] Honduran Cement Plant ClosedThursday, October 17, 2019 Argos announced the closure of its processing plant located in San Lorenzo, department of Valle, arguing that the current conditions of the cement market in the country are not the best. One of the factors taken into account by the company for this decision was that between 2018 and 2019, activity in the construction sector decreased by 10%. Guatemalan Group Acquires Cement Plant in PanamaThursday, November 21, 2019 Cemento Interoceanico de Panama announced that the Progreso group acquired 100% of its shares and that they have begun a transition process. Panamaamerica.com.pa reports that the business conglomerate Progreso, owner of Cementos Progreso, decided to invest in Panama because of "... Guatemala: Cement Plant ExpansionThursday, March 30, 2017 The plant that Mexico's Cemex operates in Escuintla will increase its production capacity by 10%, reaching 545 thousand tons a year. In addition to the increased production capacity, with the improvements made to the plant, capacity for bagging cement will rise by 46%, going from 65 to 95 tons per hour. Cement: Plant Expansion PlannedMonday, August 19, 2019 Cemento Argos Panama plans to invest about $168 million in the construction of an industrial complex that will serve for the production of Clinker, which will be located on the property of the company's plant in the province of Colon. Argos Panamá, S.A. presented to the Ministry of Environment the Environmental Impact Study (EIA) to develop the industrial project called "Balboa Project." Cement Plants Report Red NumbersWednesday, August 28, 2019 In Panama, the import of cement and the depressed activity of the construction sector explain the fall in the production of concrete and cement in the first half of the year. According to data from the General Comptroller of the Republic, between the first six months of 2018 and the same period of 2019, the total cost of construction went from $662 million to $510 million, which is equivalent to a fall of 23%. This decline in the sector has been recorded for years.
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Vietnamese Cement in Central AmericaFriday, September 20, 2019 During the first quarter of 2019, Central American companies imported hydraulic cement for $47 million, and purchases from companies in Vietnam increased 155% over the same period in 2018. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"] Construction in Panama falls 14% in 2019Wednesday, February 5, 2020 Construction activity in the country continued to decline for the second consecutive year, as total investment fell 14% between 2018 and 2019, slightly less than the rate reported between 2017 and 2018 of -39%. The latest report from the General Comptroller of the Republic, explains that in December 2019 the cost of new construction, additions and repairs totaled $56 million, an amount that is 30% less than that reported in the same month of 2018. Cement: New Competitor in GuatemalaFriday, September 6, 2019 In April, Ultracem Guatemala, a Colombian company dedicated to the import and distribution of finished cement packed in sacks, began operating. Executives of the company explained that for the start-up of the company in the country have invested about $1.2 million, and that the warehouses for storage and packaging are located in Puerto Barrios, Izabal. Honduras: Construction of Cement Plant AnnouncedThursday, February 1, 2018 The company Argos plans to invest $21 million in a new cement plant with capacity to produce up to 440,000 tons per year in Choloma, department of Cortés. According to officials from Argos Honduras, the new plant will expand the company's total production capacity by 30%. Cement Factory Company in Southern HondurasMonday, January 30, 2017 The new Cementos Argos plant in San Lorenzo required an investment of $25 million and will increase installed capacity by 30%, producing a total of 1 million 300 thousand tons. From a statement issued by Cementos Argos:
A New Player in the Cement MarketWednesday, September 13, 2017 In the coming weeks, a new cement production plant owned by the Mexican company Cementos Fortaleza will start operating in Costa Rica. The arrival of Cementos Fortaleza into the Costa Rican market will be managed by the company Plycem, which, like Cementos Fortaleza, is part of the Elementia group owned by businessman Carlos Slim. The cement-producing plant will be located in Barranca de Puntarenas, according to confirmation given to Nacion.com by Olman Vargas, executive director of the Federated College of Engineers and Architects (CFIA). More Cement Production in GuatemalaMonday, November 7, 2016 The company Cemento Regional has started operating a plant in Escuintla, Guatemala which has capacity to produce 8,000 bags per day. The company Cemento Regional has invested $12.2 million in the construction and commissioning of the plant, which will produce up to 8,000 bags per day and will supply the product to its three stores in the department of Guatemala. Cement Price Hike Ruled OutWednesday, January 6, 2010 The Government of Honduras announced measures against those who apply a price increase announced by cement company Incehsa. Benjamín Bográn, Industry and Commerce Minister, said that cement "is an important element in housing and infrastructure, so any increase must be first agreed with the Ministry". |
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Monday, February 17, 2020 - last update: 4:26 pm
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