Cementos Argos to increase Colombian aggregates capacity to 4.5Mt/yr

Written by Global Cement staff 03 August 2022

Colombia: Cementos Argos has shared plans for an 80% increase to its planned aggregates production capacity in Colombia to 4.5Mt/yr by 2024. In 2022, the company predicts that its aggregates business will contribute full-year earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$2.8bn.

Colombia's annual aggregates consumption is 130 - 140Mt/yr.

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