Probe into Loma Negra and Holcim in Argentina requested

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Argentina: Mateo Aleman, the head of the Chaco Construction Company Centre (CEC) has requested that Argentina's national government review the conduct of cement firms Loma Negra and Holcim. He claims that they have been cutting back on cement supplies for several months, in breach of Argentina's Supply Law. According to Aleman, a lack of supply has created a huge price distortions in the market where speculators have been known to double prices, as in the case in the interior of Chaco province.

Last modified on 26 August 2015


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