Argentina: Cement plants are reportedly requiring 48 hours notice to process orders due to major growth in the construction sector driven by infrastructure development. Due to this materials such as cement and concrete are facing shortages, according to La Voz newspaper. Prices for building materials have rise by around 40%.
Norberto Ladea, the commercial director of Holcim Argentina, said that the company has expanded its production by approximately 13% year-on-year in 2017 with a cement production capacity of 4.8Mt/yr. It is currently planning its investment to bolster output in 2018.
