Loma Negra to close Olavarría cement plant

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Argentina: Loma Negra plans to close its Olavarría integrated cement plant. The unit has 45 employees who will be relocated elsewhere in the business, according to the Buenos Aires Económico newspaper. In recent years the plant has been operating solely as a grinding and bagging unit. The cost of upgrading the plant and the relative distance of its raw materials were factors in the decision to close it. The Olavarría cement plant was the first to be built in the country.

In September 2019 the subsidiary of Brazil’s interCement said it was converting its San Juan integrated cement plant to grinding and bagging only. Earlier in the year it came close to closing its Barker plant as it was unable to reach an agreement with the local union over staff redundancies. Alongside this it is building a new production line at its L'Amalí cement plant.

Last modified on 16 October 2019

URL: https://www.globalcement.com/news/item/9959-loma-negra-to-close-olavarria-cement-plant

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