Loma Negra sees 37% drop in net profit in 4Q21
Argentina-based Loma Negra , owned by I ntercement do Brazil SA , reported a 37.4 per cent fall in net profit to ARS2795m (US$25.8m) in the fourth quarter of 2021. Revenues from...
Argentina
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Argentina’s market contracts 2% in January
Argentina’s cement market saw a two per cent contraction to 877,200t in January 2022 when compared with January 2021 when sales reached 895,416t, reports the country’s cement as...
Argentina’s cement demand advances 23% in 2021
Argentina’s cement marked expanded five per cent to 1,025,371t in December 2021 when compared with 976,945t in December 2020, according to the country’s cement association, AFCP...
Argentina's cement market sees 5% growth in November
Argentine cement consumption expanded 4.6 per cent in November 2021 to 1,142,140t from 1,092,246t in November 2020, according to the country’s cement association, AFCP. Domestic...
Loma Negra inaugurates second line
Loma Negra (InterCement group) has inaugurated its new production line at the L'Amalí plant in Olavarría, Argentina. Together with national, provincial and municipal authorities...
InterCement's cement volumes remain stable in 3Q21 at 5.4Mt
InterCement reports that its total cement volume remained at a solid 5.4Mt in the 3Q21, reflecting stability YoY due to the sizeable comparison base of last year, when post pand...
Loma Negra reports 9% increase in 3Q revenue
Argentina’s Loma Negra has reported an 8.5 per cent YoY increase in revenue to ARS17,800m (US$176m) in the third quarter of 2021, against ARS16,399m in the comparable period of ...
Argentine cement market expands 7% in October
Argentina’s cement consumption increased 6.6 per cent YoY and 2.8 per cent MoM to 1,141,043t in October 2021, according to AFCP, the country’s cement association. All cement in ...
Loma Negra relights L'Amalí kilns
Argentine-based Loma Negra has turned its kilns at its L'Amalí in Olavarría back on after resolving the conflict with Minerar, the union that exploits the company’s limestone qu...
Loma Negra pauses production at L'Amalí plant
Argentina’s Loma Negra has reportedly stopped production at its L'Amalí plant in Olavarría as a result of a union conflict between the Mining Workers Association of Argentina (A...