Reuters reports that Camargo Correa officials met with Fernandez and presented an investment plan that includes a new cement plant. "They told me about investments ... for US$404m with a cement plant that will allow them to produce 900,000t more," Fernandez, who is seeking reelection in October, said in a speech.
The investments, aimed at increasing output, also include a coal stockpile yard, said Ricardo Lima, vice president of operations at Camargo Correa. Loma Negra has nine cement plants and six concrete plants.