Argentina’s cement demand falls 10% in November
The Argentine cement market contracted by 10.1 per cent to 872,177t in November 2019 when compared with November 2018, when demand reached 970,181t, according to its domestic ce...
Argentina
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Loma Negra records 2% fall in revenue for the 9M19
Argentina's Loma Negra has recorded a 2.3 per cent fall in net revenue to ARS26.74bn (US$448m) in the first nine months of 2019, compared with ARS27.36bn in the year-ago period....
Argentina's cement market contracts 9% in October
Argentine cement consumption fell 8.8 per cent YoY to 948,930t in October 2019, from 1,040,317t in October 2018, according to the country’s cement association, AFCP. When compar...
Loma Negra to hire 120 workers for L'Amali II
Argentine cement producer Loma Negra announced it will hire 120 workers for the new line at its US$350m L'Amalí II plant in Bonaerense de Olavarría, Argentina. Of the 120 new po...
Loma Negra to shut Sierras Bayas plant
Argentine cement producer Loma Negra has announced it will close its Sierras Bayas plant, the oldest cement production facility in the country. The plant, which is a century old...
Argentine cement market declines 7% in September
Argentina’s cement consumption fell 7.2 per cent YoY and 10.4 per cent MoM to 938,972t in September 2019, according to the country’s cement association, AFCP. Domestic demand wa...
Argentina records 6% fall in dispatches for August
Argentina has recorded a 5.8 per cent YoY decrease in cement dispatches to 1.052Mt for August 2019, compared with 1.117Mt in the year-ago period. Domestic dispatches fell to 1.0...
Loma Negra to turn San Juan plant into grinding and dispatch unit
Argentina's Loma Negra has announced that it will be converting its 400tpd integrated plant in San Juan into a grinding and cement dispatch facility. "In the plant no more cemen...
Geocycle signs tyre co-processing agreement with Argentina
Holcim Argentina subsidiary Geocycle has signed an agreement with Argentina’s Minister of Production, Labour and Sustainable Development, Graciela Pinal de Cid to enable the co-...
Loma Negra sees 2% drop in 2Q revenue but EBITDA up
Argentina-based Loma Negra reported a 2.2 per cent YoY drop in 2Q net revenue to ARS7.47bn (US$165m) while consolidated adjusted EBITDA increased 7.1 per cent YoY to ARS1.929bn,...