Loma Negra announces new plant construction, Argentina

Argentine cement producer Loma Negra has announced it will invest US$250m in a new cement plant in the province of San Juan. The factory will be built in the town of Pocito, 20km from the capital of San Juan, and will have a production capacity of 1Mta of cement.

Currently, Loma Negra has nine plants, six of which are in the province of Buenos Aires, while the remaining are in Neuquén, San Juan and Catamarca.

Loma Negra is part of Brazilian conglomerate Camargo Corrêa.