Lafarge is reported to be interested in acquisition of the Argentine cement company Loma Negra. This Argentinian company, owned by Argentine businesswoman Amalia Lacroze de Fortabat, was put for sale in August 2004. At present, Brazilian cement company Camargo Correa is in negotiation with representatives of Amalia Lacroze de Fortabat to agree a price of the acquisition. The negotiations are said to have stalled due to the demands of Amalia Lacroze de Fortabat for a higher price to be paid for Loma Negra.