After commissioning the largest autoclaved aerated concrete (AAC) plant of Latin America in Mexico last year, Aircrete Group announces that it will build and invest in a new state-of-the-art AAC facility in Argentina.
Together with leading regional construction and development companies Grupo Brayco and Pecam, Aircrete is developing a USD 20 million (EUR 18 million) AAC block and panel plant with an initial capacity of 120,000 m³ in San Lorenzo, Santa Fe, near the city of Rosario. The products will be marketed under the Brimax brand.
As the key technology partner to the project, Aircrete will not only design and build the plant, but will also participate with a significant minority shareholding in the project. Furthermore, Aircrete will be closely involved in the operations of the plant, including the training of local plant staff. For Aircrete, the investment in Argentina means an expansion of its portfolio of investments in Latin America.
“The Brimax project is a great opportunity for Aircrete Group to expand its foothold in Latin America,” says Aircrete CEO Jop van Boggelen. “Argentina is on the verge of an economic recovery and AAC has all the characteristics to efficiently address the affordable housing shortage. Given the strong commercial partners, Aircrete is keen to not only get involved in the development phase of the project, but also in its operations, hence the financial commitment of the group.”
The new plant will address, amongst others, the severe shortage of high-quality social housing in Argentina. The initial capacity of 120,000 m³ of AAC products will provide the masonry for approximately 6,000 affordable houses of 50 m² annually. The plant will create approximately 100 direct jobs. The design of the plant allows for a future upgrade to a capacity of up to 400,000 m³.