A total US$61m of the overall sum will be earmarked for the industrial complex in Cordoba, which includes three production lines - in Malagueno, in Yocsina, and on the outskirts of the tourist city of Carlos Paz. A total US$37m will be invested to restart line No 1 of Malagueno, which suspended operations in the last decade when the much more modern line No 2 was opened. Another US$24m will be invested in the installation of a petcoke mill, which will supply the kilns in Malagueno and in Cordoba.
Minetti operates cement plants in Jujuy, Mendoza and Campana-Zarate, in Cordoba and Rosario. The company’s sales rose to 537 mln Argentine pesos ($174m) in the first nine months of 2006, from 447 mln pesos ($145m) in the same period of 2005.
