Colombia's Argos and Mexico's Calidra form lime join venture

Colombian cement maker Cementos Argos and Mexican building materials producer Grupo Calidra have aligned to jointly form Caltek, a new company focused on the production of lime and related compounds.

Following an initial investment of nearly $40 million, the flagship Caltek plant will be located in Puerto Triunfo in the Colombian department of Antioquia.

Source: Finance Colombia