# Cementos Molins to invest $230M in Argentina cement capacity expansion

Cementos Molins, through Cementos Avellaneda, plans to invest $200 million in its La Calera plant to increase capacity by 700,000 tonnes per year to 1 million tonnes by H2 2019, and $30 million in its Olavarría plant to add 300,000 tonnes per year by end of 2017.

- Type: Expansion
- Announced: 2017-09-21
- Where: La Calera, San Luis; Olavarría, Argentina
- Value: $230.0M
- Starts operating: Q3 2019
- Status: announced
- Capacity: 1,000,000 tonnes per year (La Calera); 300,000 tonnes per year (Olavarría)
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cementos Molins](https://endata.com/companies/24134.md)
- [Cementos Avellaneda](https://endata.com/companies/27057.md)
- [Votorantim Cimentos](https://endata.com/companies/15414.md) (partner)
- [Cementos Molins](https://endata.com/companies/24134.md) (partner)

## Sources

- [expansion.com](https://www.expansion.com/empresas/inmobiliario/2017/09/21/59c37559e2704e2b068b463a.html), 2017-09-21: "Cementos Molins ha anunciado hoy un plan de inversiones en Argentina para aumentar su capacidad de producción en el país sudamericano."
- [worldcement.com](https://www.worldcement.com/the-americas/02102017/cementos-avellaneda-to-boost-production-capacity/), 2017-10-02: "The plant’s facilities will be a benchmark for the industry, using the best and most efficient technology [to reduce] electric power, fuel and water consumption."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.