Cementos Argos Honduras

What Cementos Argos Honduras does

Cementos Argos Honduras is a cement producer and domestic subsidiary of the Colombian conglomerate CEMENTOS ARGOS S.A. (Grupo Argos), operating in Honduras for over 40 years since founding around 1984. The company runs a six-product cement portfolio — General Use (GU), Eco Multipropósito, Structural, Road, Prefabricados, and UNO — manufactured at the Piedras Azules plant in Comayagua and ground at the Rio Blanquito station in Choluteca, with distribution centers in San Pedro Sula and San Lorenzo. Its core technology is differentiated by sustainability: a 10.6 MW solar farm at Piedras Azules and a 2,160-panel solar farm at Choloma supply ~25% of plant electricity needs, while waste coprocessing (350,000 tires/year, 2,000 tons of plastics/paper/cardboard, and 305.5 tonnes of refrigerating foams) substitutes fossil fuels and avoids ~8,000 tonnes CO2/year. The company holds the first Honduran ISO 39001 road-safety certification, has been in the Dow Jones Sustainability Index for 8 consecutive years, and operates a licensed concrete laboratory for ASTM-standard testing.

The business model is hybrid industrial + field-sales. Primary revenue comes from one-time cement sales to large infrastructure customers (Government of Honduras, Banco Central de Honduras, Palmerola International Airport, UNAH, ASTALDI, JF Construcciones — including single contracts of 6,500-30,000 tons), supplemented by volume sales through a network of ferreterías (hardware stores) to individual builders and self-constructors via the 'Aprende con Argos' educational program. Secondary revenue streams include coprocessing services (paid waste disposal) and professional concrete laboratory testing. Pricing is quote-based, transactional, and not publicly disclosed. The company employed 57 direct staff plus 2,500+ direct and indirect workers across Honduras as of the data period, with no public revenue disclosure.

Name

Cementos Argos Honduras

Legal name

CEMENTOS ARGOS S.A.

Website

https://honduras.argos.co

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

51–100 employees

Short description

Cementos Argos Honduras is a Tegucigalpa-based cement producer and subsidiary of Colombia's CEMENTOS ARGOS S.A., manufacturing six cement products and serving Honduras's infrastructure, commercial, and residential construction markets via direct enterprise sales and a hardware-store distribution network.

Ownership category

akta.pro rank

Product category

Cement Manufacturing

NAICS

Cement Manufacturing (327310)

SIC

Cement, Hydraulic (3241)

akta.pro primary industry

Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)

akta.pro secondary industry

Cementitious Binders & Additives (Fly Ash, Slag, Silica Fume, Lime) (IMADAAAH)

Keywords

• Cement manufacturing
• Construction materials
• Concrete testing services
• Waste coprocessing
• Sustainable cement

Headquarters

HQ city

Tegucigalpa

HQ country

Honduras

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Cement Sales: Production and sale of various cement types including General Use (GU), Eco Multipropósito, Structural, Road, Precast, and UNO cements for construction projects ranging from residential to major infrastructure.
2. Coprocessing Services: Waste management services where companies pay to have their industrial waste processed in cement kilns, providing an alternative disposal solution while generating additional revenue.
3. Concrete Laboratory Services: Testing and laboratory services for concrete and aggregates including sampling, granulometric analysis, compression testing, and mix design services for construction industry clients.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Cementos Argos Honduras produces and distributes a portfolio of six cement products (General Use, Eco Multipropósito, Structural, Road, Prefabricated, and UNO) for residential, commercial, and infrastructure construction. The company complements cement sales with concrete and aggregate laboratory testing services and industrial waste coprocessing services using cement kilns for waste-to-energy conversion.

Product overview

Cementos Argos Honduras operates as a cement producer with a diversified portfolio of six cement products serving different construction needs: Cemento de Uso General (GU) for general construction, Cemento Eco Multipropósito as an eco-friendly option with 40% lower emissions, Cemento Estructural for structural applications, Cemento Vial for road construction, Cemento para Prefabricados for prefabrication, and Cemento UNO as a versatile general-purpose option. The company also offers comprehensive concrete laboratory services including testing for aggregates (coarse and fine), concrete durability, and mortar testing, all following international ASTM standards. The product portfolio is complemented by coprocessing services for waste management.

Differentiator

Problem solved

Functional benefit

Products and services

• Cemento de Uso General (GU) Portland Pozzolanic Cement for production of concrete and mortar for general construction works that do not require special structural properties.
• Cemento Eco Multipropósito Eco-friendly hydraulic gray cement designed for low-complexity works with gradual strength development and excellent workability; first eco-friendly cement in Honduras with 40% CO2 emission reduction.
• Cemento Estructural Hydraulic gray cement designed for structural applications requiring high early-age strength and durability against environmental effects.
• Cemento Vial Cement used in soil-cement technique, incorporating cement into local materials to improve mechanical properties for road construction.
• Cemento para Prefabricados Special hydraulic gray cement for manufacturing prefabricated concrete elements of small and large format with speed, molding, and strength characteristics.
• Cemento UNO Hydraulic cement for general works that do not require special structural properties, positioned as versatile, practical, and reliable.
• Concrete Laboratory Services Testing and laboratory services for concrete, coarse and fine aggregates, concrete durability, and mortars, following ASTM standards; offered to construction industry clients needing quality control and mix design support.
• Coprocessing Services Waste management services where companies pay to have industrial waste (tires, plastics, refrigerating foams, expired products) processed in cement kilns, providing an alternative disposal solution while generating energy for cement production.

Quantifiable outcome

• 40% reduction in CO2 emissions for Eco Multipropósito cement compared to standard Portland cement
• +5 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• CelsiacoreStrategic or Co-development PartnerPartnership for solar energy development and operation. Celsia developed and operates the solar farms at Piedras Azules (10.6 MW) and Choloma for Argos Honduras cement operations.
• SERNA (Secretaría de Recursos Naturales y Ambiente)coreStrategic or Co-development PartnerEnvironmental partnership for coprocessing of refrigerating foams from decommissioned equipment. Collaborative initiative for circular economy in waste management.
• ONUDI (Organismo de las Naciones Unidas para el Desarrollo Industrial)coreStrategic or Co-development PartnerTechnical cooperation for waste coprocessing project implementing circular economy solutions for refrigerating foam disposal.
• Water Mission InternationalcoreStrategic or Co-development PartnerPartnership for Agua Segura (Safe Water) program implementing reverse osmosis water treatment systems in La Caucara community, San Lorenzo.
• CONCREMIXcoreChannel Partner/ Reseller/ DistributorConcrete supplier partner for multiple construction projects including Edificio Alma Mater, Centro Morazán, Estadio Olímpico, and Mall Premier Catacamas.
• Palmerola International Airport S.A. (PIA)coreChannel Partner/ Reseller/ DistributorConcessionaire for Palmerola International Airport project; Argos supplied 30,000 tons of structural cement for airport construction.
• JF ConstruccionescoreChannel Partner/ Reseller/ DistributorConstruction company partner for multiple infrastructure projects including Túnel Blvd. San Juan Bosco, Vía Rápida Casa Presidencial, and Paso a Desnivel Blvd. La Granja.
• ASTALDI S.P.A.coreChannel Partner/ Reseller/ DistributorItalian construction company partner for Paso a Desnivel Juan Manuel Gálvez and Carretera La Esperanza-Camasca projects.
• Instituto Smithsonian de Investigaciones Tropicales (STRI)minorStrategic or Co-development PartnerResearch partnership for biodiversity studies on preserved forest areas within Argos operations in Panama, demonstrating ecological corridor value.
• FICEM (Federación Interamericana del Cemento)coreStrategic or Co-development PartnerParticipation in Cemento y Concreto Verde 2050 Congress organized by FICEM for decarbonization knowledge sharing and industry collaboration.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• CEMEX: Global cement major with established Central American operations including Honduras. Comparable as a competitor in the same product category and customer base, though operating as a much larger, multi-national diversified building materials platform.
• Heidelberg Materials: Global cement and building materials major with presence across the Americas. Comparable in core cement manufacturing technology and product portfolio, though not directly active in Honduras as a primary market.
• Holcim: Global cement and aggregates multinational with operations across Central America including Honduras. Directly comparable as a competing cement producer serving infrastructure and commercial construction in the same region, but with vastly broader geographic and product diversification.

Regional players

• Cemex Costa Rica: CEMEX's Central American subsidiary operating in Costa Rica with the same product portfolio. Comparable as a regional cement peer with similar customer segments in infrastructure and construction across Central America.
• Cementos Progreso: Guatemala-based cement producer operating in the Central American region with a similar vertically integrated cement and concrete model. Comparable as a regional peer serving neighboring Central American construction markets with comparable product portfolios.
• GCC (Grupo Cementos de Chihuahua): Mexican-based cement and ready-mix producer serving North American markets. Comparable as a regionally focused cement player with vertically integrated operations, though operating in a different geography than Honduras.
• Cementos Pacasmayo: Peruvian cement producer serving construction and infrastructure markets. Comparable in business model as a regional cement specialist with a diversified product portfolio including structural and road cements.

Others

• Concremix: Honduran concrete supplier and channel partner that has worked with Cementos Argos Honduras on multiple projects. Comparable as an adjacent ecosystem participant in the Honduran construction value chain, though operating downstream in ready-mix rather than upstream cement production.

Direct peers

• Cemento Nacional: Honduran domestic cement producer operating in the same single-country market with similar product offerings. Most direct local competitor, comparable in scale and customer base though with a more limited sustainability/diversification profile.
• Cementos Argos S.A. Colombian parent and broader Argos group which operates cement, concrete, and aggregates businesses across the Americas. Highly comparable business model and product portfolio, and functionally the controlling parent of Cementos Argos Honduras.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@cementosargoshonduras
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• LinkedInlinkedin.com/company/cementosargoshonduras
• Instagraminstagram.com/cementosargoshonduras
• TikToktiktok.com/@cementosargoshonduras

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cementos Argos Honduras