Colombian cement company Cementos Argos is once again highlighted in the FTSE4 Good Sustainability Index for its solid environmental, social and governance (ESG) practices. This year Argos is the only Colombian company to achieve an outstanding listing in the construction materials category. “We are very excited about being included in the FTSE4Good, because it recognizes the importance of sustainability management…
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Following a successful pilot project, Argos has entered a contract with Klaveness Digital to roll out its shipping and logistics platform CargoValue to 13 of Argos’ terminals. The move solidifies the cement company’s digitalization agenda to preserve its strong market foothold in the Americas.
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As part of its commitment to creating value and taking specific actions toward climate change management and sustainable construction, Argos has introduced Green Solutions, conscious innovation.
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In the midst of a year of uncertainty and complexity, in which the priority for companies became preserving cash, maintaining jobs and mitigating negative impacts as much as possible, the results of Argos, the Grupo Argos’ cement subsidiary, were satisfactory, the company said.
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Argos delivered satisfactory results during the third quarter of 2020, amid the COVID-19 pandemic. The company reported an improvement in EBITDA despite the impact on volumes mainly caused by hurricanes and heavy rains in the United States.
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