Spanish cement company
Xavier Molins, the company’s president, met Argentine President Mauricio Macri to discuss the company's plans in Argentina, where it is the main shareholder in Cementos Avellaneda, a company with two cement factories in Olavarria and San Luis, respectively, and five concrete plants.
The funds will be used to increase cement production in San Luis to 1 million tonnes/year.
Cementos Avellaneda's local production unit there will be expanded through a project that it set to last 30 months.