Argos expands its concrete plant in Santa Marta

Cementos Argos has launched a new concrete production line in Santa Marta, with a capacity of 55 cubic meters per hour and over 10,000 cubic meters monthly. This expansion builds on the April 2024 investment that increased the plant's capacity by 20%, addressing urban growth in Colombia's Caribbean region.

Cementos Argos, part of the Argos Group, announced the launch of a new production line at its concrete plant in Santa Marta. This initiative boosts the installed capacity to 55 cubic meters per hour, enabling the production of over 10,000 cubic meters per month. It follows the expansion in April 2024, when the company raised output by 20% to meet rising demand.

The main goal is to support infrastructure and construction projects in the capital of Magdalena and its surrounding areas. Amid regional development in Colombia's Caribbean, the firm aims to solidify its local market presence. William Nassar, manager of Cementos Argos' Northern Zone, stated that "the decision reflects the company's confidence in Santa Marta's economic potential and the need to provide market-tailored solutions while upholding quality and service standards".

Beyond the new facilities, Argos will enhance its vehicle fleet for concrete distribution and hire local talent. These steps will foster formal job creation and economic vitality in the area. Overall, this expansion will nearly double the plant's total capacity in Santa Marta, reinforcing the company's role in the city's urban growth.

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Ethiopian PM Abiy Ahmed cuts ribbon at Arjo castor seed factory inauguration, with factory, workers, and flags.
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Ethiopia inaugurates Arjo castor seed processing factory

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Prime Minister Dr. Abiy Ahmed inaugurated the Arjo Didesa castor seed processing factory, stating that Midroc Investment Group's project enables significant local substitution of revenue-generating products. The factory has a production capacity of 200 tons per hour and substitutes up to 2.3 million tons of imports. It supports industrial development in cement, paper, and construction sectors using local resources.

Juan Esteban Calle, president of Cementos Argos, stated that the company is moving proactively to reactivate its business in Venezuela, where the expropriated plants operate at 10% of their capacity. The reactivation will start with demand from the oil and gas sectors, and compensation of US$800 million is expected for assets seized since 2007. Calle affirmed that the process will be irreversible and will develop in phases.

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On March 17, Cementos Argos' board approved the abbreviated merger commitment, with Cementos Argos as the absorbing entity and Concretos Argos as the absorbed one. The firm requested a bondholders' assembly for March 20, awaiting approvals including from Colombia's Superintendencia Financiera.

The Autoridade Portuária de Santos (APS) estimates that the port handled 185 million tons in 2025, marking the ninth consecutive year of records. This volume represents a 2.8% growth from 2024 and would be the highest in the history of Latin America's main port complex. Despite criticisms about infrastructure, the entity highlights investments and efficiency.

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The Colombian company Shalom, specializing in Christmas hampers, is solidifying its role in the multimillion-dollar end-of-year business. For 2025, it projects billing over 1.2 billion pesos and jobs for more than 40,000 peasants. Its expansion includes diversification and ambitious long-term goals.

The Argentine government signed the first contracts on Tuesday, January 6, for the concession of 741 kilometers of national routes to private companies, forming Stage I of the Mercosur Corridor. These routes include the Rosario-Victoria Bridge and will boost trade with Brazil and Uruguay. Economy Minister Luis Caputo emphasized that this initiates a modern highway network without subsidies.

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Developer Creaurbana and architecture firm BMA have been awarded in the International Property Awards 2025-2026 for their Martín Coronado 3300 project. The recognition came in the regional stage for the Americas, highlighting excellence in high-end residential developments. The ceremony took place in London on January 16, 2026.

 

 

 

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