Company Overview

Loma Negra Compañía Industrial Argentina Sociedad Anónima is the largest cement producer in Argentina, operating primarily in the construction materials and building products industries. The company’s core business centers on the production and commercialization of cement and related products that support residential, commercial, and infrastructure construction. Its principal revenue drivers are cement, masonry cement, and complementary construction inputs sold to construction companies, distributors, and government-related infrastructure projects.

Founded in 1926 by Alfredo Fortabat, Loma Negra has evolved from a single cement operation into a vertically integrated construction materials company with nationwide scale. Over decades, it expanded capacity, logistics, and downstream products to serve Argentina’s cyclical construction market. The company is publicly traded through American Depositary Shares on the New York Stock Exchange under the ticker LOMA, while remaining majority-controlled by InterCement, part of the Camargo Corrêa industrial group.

Business Operations

Loma Negra generates revenue through several integrated business segments, led by Cement, which accounts for the majority of sales volume and earnings. Additional segments include Masonry Cement, Lime, Aggregates, and Concrete, enabling the company to serve multiple stages of the construction value chain. Its operations include multiple cement plants, grinding facilities, quarries, and a proprietary logistics network that supports nationwide distribution.

The company’s operations are predominantly domestic, with nearly all production and sales occurring within Argentina. Loma Negra controls key industrial assets such as limestone reserves, kilns, and distribution terminals, allowing cost control and supply reliability. It operates through several wholly owned subsidiaries and operational units, including Cementos San Martín, Compañía Minera Loma Negra, and Loma Negra CIASA, which support extraction, processing, and commercialization activities.

Strategic Position & Investments

Loma Negra’s strategy emphasizes operational efficiency, disciplined capital allocation, and maintaining market leadership in Argentina’s cement industry. Growth initiatives have historically focused on capacity optimization, modernization of kilns, and logistics efficiency rather than aggressive international expansion. The company has also invested in energy efficiency and alternative fuels to manage costs and environmental impact.

Strategically, Loma Negra benefits from its controlling shareholder InterCement, which provides industrial expertise and regional sector knowledge. While large-scale acquisitions have been limited in recent years, the company continues to invest in sustaining capital expenditures, digitalization of operations, and selective improvements in downstream businesses such as concrete and aggregates. Exposure to infrastructure and housing demand positions the company to benefit from long-term construction recovery cycles.

Geographic Footprint

Loma Negra’s geographic footprint is concentrated in Argentina, where it operates an extensive network of production plants, quarries, and distribution centers across multiple provinces. Its headquarters are located in Buenos Aires, serving as the administrative and strategic center for nationwide operations.

Although the company does not have significant manufacturing operations outside Argentina, it has an international presence through its public listing in the United States via ADRs and through strategic oversight by its Brazil-based controlling shareholder. This structure provides access to international capital markets while maintaining a strong domestic operational focus.

Leadership & Governance

Loma Negra is governed by a board of directors and senior management team with experience in industrial operations, finance, and large-scale manufacturing. The leadership team emphasizes operational discipline, safety, and long-term value creation in a highly cyclical industry. Corporate governance aligns with requirements applicable to foreign private issuers listed on U.S. exchanges.

Key executives include:

• Sergio Faifman – Chief Executive Officer
• Alejandro Aramburu – Chief Financial Officer
• Martín Castelli – Chairman of the Board

The leadership philosophy centers on maintaining market leadership through efficiency, prudent investment, and responsiveness to Argentina’s macroeconomic and regulatory environment.