Smarter deducting - Longer filter life - See CK Injector at POLLUTEC Lyon, 7 - 10/10/2025 - CK World
Smarter deducting - Longer filter life - See CK Injector at POLLUTEC Lyon, 7 - 10/10/2025 - CK World
Global Cement
Online condition monitoring experts for proactive and predictive maintenance - DALOG
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
News Loma Negra sells Yguazú Cementos majority stake to Paraguayan buyer

Loma Negra sells Yguazú Cementos majority stake to Paraguayan buyer

Written by Global Cement staff 24 August 2020
  • Print

Paraguay: Argentina-based Loma Negra has sold its 51% stake in Yguazú Cementos. The El Cronista Comercial newspaper has reported that the proceeds of sale of the 0.8Mt/yr installed cement production capacity subsidiary will go towards paying off Loma Negra’s debts. The company said, “Loma Negra’s objective is to seek and execute projects with high potential. For this reason, after having started marketing operations in Paraguay in 2000, built and operated the factory since 2013 and reached high standards of production and profitability, we have finally decided to finalise its sale.”

Yguazú Cementos sold 260,000t of cement in the first half of 2020, down by 6.8% year-on-year from 267,000t in the first half of 2019. This generated revenues of US$25.4m, up by 39% from US$18.3m and constituting 12% of Loma Negra’s total sales of US$212m over the period. The company valued the asset at US$80m on 30 June 2020. The buyer is a Paraguayan company reportedly connected to remainder shareholder Intercement.

Yguazú Cementos’ 0.4Mt/yr Ascunsción cement plant in Capital District and 0.4Mt/yr Villa Hayes cement plant in Presidente Hayes Department supplied 40% of Paraguay’s cement demand in 2019.

Last modified on 25 August 2020
Published in Global Cement News
Tagged under
  • Paraguay
  • Argentina
  • Loma Negra
  • Yguazu Cementos
  • Divestments
  • Sale
  • Intercement
  • Debts
  • volumes
  • Sales
  • GCW470
Flender

Related items

  • Pakistan’s cement sales projected at 3.9Mt for September 2025
  • Will Carmeuse stay in the cement market in Chile?
  • Dangote Cement despatched 481,000t of clinker from Nigeria in first half of 2025
  • Brazil cement sales down in August 2025
  • Indonesia’s cement sales fall by 3% in the first half of 2025 amid weak demand
back to top
We Move Industries - Heko Group - Conveyor Solutions
“Loesche
Power, precision and performance! All in one machine. SR-MAX2500 Primary Shredder for MSW - Fornnax
AirScrape - the new sealing standard for transfer points in conveying systems - ScrapeTec
UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now
Acquisition Asia carbon capture Cemex China CO2 concrete coronavirus data decarbonisation Export Germany Government grinding plant Holcim Import India Investment LafargeHolcim market Pakistan Plant Product Production Results Sales Sustainability UK Upgrade US
« September 2025 »
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30          



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement X
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
  • CemFuels Asia
  • Global CemBoards
  • Global CemCCUS
  • Global CementAI
  • Global CemFuels
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • LinkedIn
  • Facebook
  • X

© 2025 Pro Global Media Ltd. All rights reserved.