Displaying items by tag: capital expenditure

Argentina: Holcim Argentina says that it will invest US$40m in capital expenditure in 2022. It plans to invest US$15m in its cement and concrete operations and US$15m in its subsidiary Geocycle's three waste management plants, which supply alternative fuel (AF) for its cement production. Of the remainder, US$5m will go towards the construction of a new dry mortars plant in Córdoba, which the company plans to inaugurate in December 2022.

In 2021, Geocycle processed 140,000t of waste into AF and raw materials for cement production.