Nov. 4 (Bloomberg) -- Camargo Correa SA plans to invest $108 million to double output of clinker, an intermediate substance in the production of cement, in Argentina, Valor Economico newspaper reported, citing an executive of the Brazilian construction and engineering group.

Camargo Correa plans to double clinker grinding capacity at two facilities, said Ricardo Lima, managing director at Loma Negra SA, the biggest cement maker in Argentina and a subsidiary of Camargo Correa, Valor reported. The clinker grinding capacity will double to 3.7 million tons yearly.

To contact the reporter responsible for this story: Lucia Kassai in Sao Paulo at lkassai@bloomberg.net.

Last Updated: November 4, 2009 05:51 EST