Cement News tagged under: Loma Negra
Argentinian Court of Appeal rejects cartelisation appeal25 June 2012, Published under Cement NewsArgentina’s Court of Appeal has rejected the appeal made by Loma Negra, Juan Minetti, Cementos Avellaneda, Petroquímica Comodoro Rivadavia and Cemento San Martín, upholding the previous price-fixing ruling and the multi-million peso fines attached. The companies were awarded fines of ARS300m (US$66.5m) as penalty for anti-competitive practices between 1981-99. Loma Negra will be expected to pay ARS138.7m, Juan Minetti ARS100.1m, Cementos Avellaneda ARS34.6m, Cementos San Martín ARS28.5m... |
Loma Negra announces new plant construction, Argentina20 April 2012, Published under Cement NewsArgentine 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. |