Spanish cement company Cementos Molins will invest US$189 million (€168.25 million) creating 130 new direct jobs in Argentina. 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.