Argentina: LafargeHolcim subsidiary Holcim Argentina has presented a voluntary retirement plan to all 50 workers at its Yocsina grinding plant in Cordoba. The La Voz del Interior newspaper has reported that the company is stopping production at the site and has invested US$120m in its integrated Malagueño cement plant in order to consolidate production there. Construction of the Yocsina plant originally started in 1959.
The company said, “At Holcim Argentina we are convinced of the potential of the Argentine market, and - as we have been doing for more than 90 years - we will continue to bet on the development of our country, both in private works and in public infrastructure."
