Cementos Argos
Encyclopedia
Cementos Argos is the leader in the Colombian cement industry, with 51% of market share. It is the fourth largest cement producer in Latin America with investments in Panama, Haiti. and the Dominican Republic. It is the sixth largest concrete producer in the United States and also exports cement and clinker
to 27 countries.
In 2008, Argos had a market capitalization of over $3.5 billion US dollars and income of over $1,955 million US dollars. The geographic origin of this income is 44% from Colombia , 34% from the United States , 9% from Latin America and 13% from other businesses. In terms of business, 47% comes from concrete, 40% from cement and 13% from others.
The Company has an extensive logistic infrastructure for business development that allows the mobilization of raw materials and the finished product at competitive costs.
The company's main competitors in Latin America are the Mexican Cemex
, Brazilian Votorantim Cimentos
and the Portuguese Cimpor
. Cementos Argos is a subsidiary of Inversiones Argos
.
Clinker
Clinker may refer to:* Clinker , construction method for wooden boats* Clinker , waste from industrial processes* Clinker , a kilned then quenched cement product* Clinker brick, rough dark coloured bricks...
to 27 countries.
In 2008, Argos had a market capitalization of over $3.5 billion US dollars and income of over $1,955 million US dollars. The geographic origin of this income is 44% from Colombia , 34% from the United States , 9% from Latin America and 13% from other businesses. In terms of business, 47% comes from concrete, 40% from cement and 13% from others.
The Company has an extensive logistic infrastructure for business development that allows the mobilization of raw materials and the finished product at competitive costs.
The company's main competitors in Latin America are the Mexican Cemex
Cemex
CEMEX is the world's largest building materials supplier and third largest cement producer. Founded in Mexico in 1906, the company is based in Monterrey, Mexico...
, Brazilian Votorantim Cimentos
Votorantim Cimentos
Votorantim Cimentos is the largest cement company of Brazil and one of the 10 largest in the world, the company was founded in 1933 and is headquartered in São Paulo.In February of 2010 the Votorantim Cimentos acquired 17,28% of the portuguese cement company Cimpor....
and the Portuguese Cimpor
Cimpor
Cimpor - Cimentos de Portugal is the largest Portuguese cement group, operating in eleven countries - Portugal, Spain, Morocco, Brazil, Tunisia, Turkey, Cape Verde, Mozambique, China, Egypt and South Africa, involved in manufacturing and marketing cement, hydraulic lime, concrete and aggregates,...
. Cementos Argos is a subsidiary of Inversiones Argos
Inversiones Argos
Inversiones Argos is a Colombian Conglomerate that concentrates on the production of cement and concrete. However, since becoming the majority shareholder of Colinversiones in early 2008 it has also has focused on investment of hidroelectric projects...
.