Tag Latin America

Argos considers return to Venezuela’s cement market

Planta Cartagena Regional Colombia

Cementos Argos is considering a return to Venezuela after 20 years of expropriation. The company still has a presence in Venezuela through its subsidiary Corporación de Cemento Andino , which is currently part of a legal process regarding expropriation by…

Brazil’s CSN plans cement asset sales to cut debt

CSN ArcosPlant

CSN (Companhia Siderúrgica Nacional), Brazil’s major steelmaker announced the divestment of major non-core assets to cut increasing debts and to allow capital restructuring. The company has struggled in recent years with an elevated debt load of R57.3 trillion in 3.Q…