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News Loma Negra cement assets expected to change hands

Loma Negra cement assets expected to change hands

Written by Global Cement staff 12 June 2015
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Argentina: Loma Negra, the cement assets purchased in 2005 by Brazil's Camargo Corrêa Cimentos from the Fortabat family in a US$1bn deal and later incorporated into Intercement is likely to be sold, according to El Cronista. Loma Negra began 2011 with a US$400m four-year investment that includes US$250m to set up a plant at San Juan, Puerto Rico. It would be Loma Negra's 10th cement plant.

Last modified on 17 June 2015
Published in Global Cement News
Tagged under
  • Argentina
  • Loma Negra
  • Camargo Correa
  • Puerto Rico
  • Intercement
  • GCW205

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