Cementos Argos will invest US42 million in Colombia

With an investment of 42 million dollars, Cementos Argos announced that it will triple its export capacity in Colombia with the construction of a new terminal in the free zone of Cartagena.

The Grupo Argos cement company expands its port infrastructure and the movement of cargoes of cement, clinker and other raw materials to 3.5 million tons per year, which will triple its capacity to receive and export products compared to the current operation.

The new terminal, which is complementary to Argos’s existing port facility, from which it exports cement and clinker to the United States and other destinations in the Caribbean and Central America, will begin operating in the first quarter of 2022.

Juan Esteban Calle, president of Cementos Argos, stated that “we are extremely proud to materialize this ambitious project to expand our export capacity from Colombia and to continue investing decisively in the country to continue contributing to the economic reactivation, to the generation of quality jobs and the creation of social value in the territories where we are present “.

“This new terminal will allow us to substantially increase cement exports to the United States, taking advantage of the growing demand for construction materials in that country,” he added. During construction, Argos created around 1,200 direct and indirect jobs and supplied more than 10,000 cubic meters of concrete and around 170 tons of cement.