Loma Negra to invest US$50 million to boost production
Loma Negra, Argentina’s top cement producer and a company controlled by Brazil’s Carmargo Correa, plans to invest US$ 50 million to boost production and transportation. The company has nine production plants in the country, six in the province of Buenos Aires and one each in the provinces of Catamarca, Neuquen and San Juan.
Of the total to be invested, US$ 35 million will go toward Loma Negra’s mills, while US$ 15 million will be used to increase capacity at Ferrosur Roca, a railway line that ships 5.4 million t of cargo annually.
Read the article online at: https://www.worldcement.com/the-americas/23082010/loma_negra_to_invest_us$50_million_to_boost_production/
You might also like
Cemex to divest its operations in the Philippines
Cemex has announced that its subsidiary, Cemex Asia B.V., has signed an agreement with DACON Corporation, DMCI Holdings, Inc. and Semirara Mining & Power Corporation for the sale of its operations and assets in the Philippines.
