Skip to main content

Colombian cement makers face accusations of price fixing

Published by
World Cement,

Three Colombian cement producers are facing allegations of price fixing by the country’s competition authorities. Holcim Colombia, Cementos Argos, and Cemex are facing sanction for allegedly collaborating to raise the price of cement between 2010 and 2013.

Cementos Argos rejected the findings, however, arguing that the rise in cement prices was a natural result of high demand during period of economic expansion. In addition, the company noted that taking a longer-term perspective shows cement prices rising well below inflation and the increase in the minimum wage.

“For example,15 years ago, a Colombian could but 18 sacks of cement with a minimum wage; today he can buy 35,” the company said in a statement.

The company said it would continue to cooperate with the investigation but that it expected its arguments to “be taken into account when evaluating the recommendation” to sanction the companies.

Read the article online at:

You might also like



WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »



World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

LafargeHolcim news Cemex news