Petroquimica Comodoro Rivadavia S.a.

Name

Petroquimica Comodoro Rivadavia S.a.

Legal name

Petroquimica Comodoro Rivadavia S.A.

Website

https://pcr.energy

Company type

Private

Founded year

1921

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Diversified Energy and Building Materials

NAICS

Oil and Gas Extraction (2111), Crude Petroleum Extraction (21112), Natural Gas Extraction (21113)

SIC

Crude Petroleum & Natural Gas (1311), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance) (EUAAAAAK)

akta.pro secondary industries

Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield) (EUACABAI), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD)

Keywords

• Hydrocarbon exploration production
• Cement manufacturing products
• Wind power generation
• Renewable energy generation
• Oil and gas operations

Headquarters

HQ city

Ciudad Autónoma de Buenos Aires

HQ country

Argentina

HQ region

Latin America

Offices11 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Hydrocarbon Production: PCR produces and sells oil and gas from operations in Argentina (La Pampa and Mendoza provinces) and Ecuador (Oriente Basin). Production reaches approximately 21,630 barrels of oil equivalent per day (net) with operations across 17 strategic areas. Revenue streams include crude oil sales and natural gas production.
2. Cement and Construction Materials: PCR manufactures and sells cement products including Portland cement, oil well cement, concrete masonry, pavers, prestressed joists, and dry mortars through two production plants in Patagonia. As the leading cement producer in Patagonia and largest exporter nationally, the company serves construction, infrastructure, and oil & gas drilling sectors.
3. Renewable Energy Generation: PCR generates and sells renewable electricity from wind farms (Bicentenario I & II, San Jorge El Mataco, Vivoratá, San Luis Norte) totaling 545 MW installed capacity. Revenue comes from long-term supply contracts with industrial customers through the MATER market and direct PPAs, with approximately 85% of revenues dollarized.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Petroquimica Comodoro Rivadavia S.A. (PCR) operates three integrated business divisions: (1) Oil & Gas exploration and production of crude oil and natural gas across 17 strategic areas in Argentina and Ecuador plus a 15% stake in the US Cherokee Z shale project; (2) Cement manufacturing of Portland cement, API G/H oil well cement, concrete masonry, pavers, prestressed joists, and dry mortars from two Patagonian plants with combined ~825,000 tonnes/year capacity; (3) Renewable energy generation from five wind farms and one hybrid wind-solar park totaling 545 MW installed capacity.

Product overview

PCR operates three distinct business divisions — Oil & Gas, Cement, and Renewable Energy — serving industrial customers across Argentina, Ecuador, Chile, and the United States. The Oil & Gas division explores and produces hydrocarbons across 17 areas (Argentina and Ecuador) plus a 15% stake in the US-based Cherokee Z shale project. The Cement division manufactures and sells cement, concrete products, and dry mortars from two Patagonian plants under brands including Comodoro, Caltex, and Listo. The Renewable Energy division generates wind and hybrid wind/solar electricity from five operating farms (545 MW installed) plus the under-construction Olavarría wind farm, primarily serving industrial customers via long-term power supply agreements. Subsidiaries GEAR I (joint venture with ArcelorMittal Acindar) and Luz de Tres Picos S.A. hold specific renewable assets and financing structures. Digital customer and supplier portals support the cement business.

Differentiator

Problem solved

Functional benefit

Brands

• Comodoro: Brand for cement products, mampuestos, and adoquines from Comodoro Rivadavia plant
• Caltex
• Listo
• GEAR I (Generación Eléctrica Argentina Renovable I S.A.)

Products and services

• Oil & Gas Division PCR explores for and produces hydrocarbons (crude oil and natural gas) across 17 strategic areas in Argentina and Ecuador, plus a 15% stake in the unconventional Cherokee Z shale project in the United States. Reported approximately 17,800 boe/d of operated production in 2024.
• Cement Division PCR operates two cement plants in Patagonia - in Comodoro Rivadavia, Chubut and Pico Truncado, Santa Cruz - with a combined installed capacity of 825,000 tonnes per year. Produces Portland cement, oil well cement (API G/Class G & H), concrete masonry blocks, pavers, prestressed joists, and dry mortars.
• Renewable Energy Division PCR operates five wind farms and one hybrid wind+solar park totaling 545 MW of installed capacity, making it the second-largest wind generator in Argentina. Operations span Santa Cruz, Buenos Aires, and San Luis provinces, with Olavarría wind farm (185.6 MW) under construction.
• PEBSA (Parque Eólico del Bicentenario I y II) PCR's first wind farm located in Jaramillo, Santa Cruz. Capacity of 126 MW across 35 turbines. Commissioned March 2019.
• San Jorge El Mataco Wind Farm Located in Tornquist, Buenos Aires province. Base capacity of 203.4 MW from 51 turbines. Expanded with Mataco III (36 MW, 8 turbines) reaching 239.4 MW total. Commercial operation since July 2020.
• Vivoratá Wind Farm Located in Mar Chiquita, Buenos Aires province. Capacity of 49.5 MW across 11 turbines. Commissioned October 2023.
• San Luis Norte Wind and Solar Hybrid Farm Located in Toro Negro, San Luis province. Wind capacity of 112.5 MW (25 turbines) plus solar addition of 18 MW (35,000 panels). Combined 130 MW hybrid - Argentina's first hybrid renewable park. Wind commercial operation began December 2023; solar added July 2025.
• Parque Eólico Olavarría Planned 185.6 MW wind farm in Olavarría, Buenos Aires province with 29 Vestas turbines. Total investment USD 275 million including transmission infrastructure.
• Portland Cement (Comodoro brand) General-purpose Portland cement for civil construction, produced at Comodoro Rivadavia and Pico Truncado plants. Includes Normal (CPN40), Compound (CPC40), and Pozzolanic (CPP40 ARS) variants.
• Oil Well Cement (API Class G/H) High sulfate-resistant (HSR) cement for petroleum well cementing, licensed under API Spec Q1 and API-10A. PCR is the leading producer of oil well cement (API G) in Argentina.
• Concrete Masonry Blocks (Mampuestos Comodoro) Concrete blocks produced at the Comodoro Rivadavia plant, including BU20, BR20, and MUROBLOCK variants for structural and retaining wall applications.
• Concrete Pavers (Adoquines Comodoro) Interlocking concrete pavers for urban paving and pedestrian surfaces, produced at Comodoro Rivadavia and supplied for municipal infrastructure projects.
• Prestressed Joists (Viguetas Comodoro Pretensados) Prestressed concrete joists for floor and roof systems, with technical manuals and span tables available.
• Dry Mortars (CALTEX, LISTO) Masonry cement (CALTEX) and ready-mixed mortars/adhesives (LISTO Cerámicos, LISTO MÁS, LISTO FLEX) for tile and ceramic installation.
• Cherokee Z Unconventional Project 15% participating interest in the unconventional Cherokee Z shale oil and shale gas project in the Anadarko Basin (Roger Mills County, Texas/Oklahoma, USA). Approximately 41,000 net mineral acres with 60-well drilling inventory.

Quantifiable outcome

• Second largest wind power generator in Argentina with 545 MW installed capacity
• +5 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core, minor and flagship.

• VestascoreTechnology or Integration · 27 August 2025Wind turbine supplier for Olavarría project, providing 29 aerogenerators with 6 MW capacity each (185.6 MW total). Towers reach approximately 130 meters with 68-meter blades.
• YPFcoreStrategic or Co-development Partner · 6 December 2024Acquisition of Llancanelo and Llancanelo R oil fields through cession agreement. PCR assumed operatorship of approximately 1,800 bpd production with USD 120M investment commitment over 5 years. These areas were part of YPF's Plan Andes divestment program.
• Upland Exploration LLCminorStrategic or Co-development Partner · 6 August 2024PCR acquired 15% non-operated interest in Cherokee Z unconventional oil and gas project in Anadarko Basin (Texas/Oklahoma) through subsidiaries PCR Energy Corp and PCR Energy OK LLC. Project comprises 41,000 net mineral acres with 60 drilling inventory.
• Phoenix Global ResourcescoreStrategic or Co-development Partner · 1 January 2023Acquisition of five oil production areas in Malargüe and San Rafael, Mendoza (Puesto Rojas, Cerro Mollar Oeste, Cerro Mollar Norte, La Brea, La Paloma-Cerro Alquitrán) for USD 20M investment. PCR increased production from 45 m³/day to 140 m³/day following acquisition.
• ArcelorMittal AcindarflagshipStrategic or Co-development Partner · 1 January 2022GEAR I S.A. joint venture (51% PCR, 49% Acindar) for renewable energy development. Projects include San Luis Norte hybrid wind-solar park (130 MW) and Olavarría wind farm (185.6 MW). Acindar supplies land while PCR operates facilities, with energy dedicated to Acindar's steelmaking operations for decarbonization.

Scale indicators17 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Genneia S.A. Argentina's largest pure-play wind and solar renewable energy generator with ~1 GW of installed capacity, supplying corporate PPAs under the MATER market. Most directly comparable to PCR's renewable energy division on technology (wind), customer segment (corporate off-takers), and revenue model (long-term dollarized PPAs).
• YPF S.A. Argentina's flagship integrated energy company with upstream oil & gas (the largest domestic producer) and a growing renewable energy arm (YPF Luz). Directly comparable as a private/public Argentine integrated energy operator, though substantially larger and state-influenced. PCR acquired Llancanelo assets from YPF in 2024.
• Phoenix Global Resources plc: UK-listed Argentine upstream operator (formerly Andes Energia) focused on Mendoza Basin conventional production. PCR acquired five Mendoza areas from Phoenix in 2023. Direct comparable on conventional Mendoza operations, scale, and growth-via-acquisition strategy.
• Crown Point Energy Inc. Small-cap upstream operator with assets in Argentina's Neuquén Basin (Cerro de los Molles) and the Tierra del Fuego Austral Basin. Comparable to PCR's smaller Argentine upstream holdings on basin exposure, scale, and conventional plus tight-oil development model.
• Loma Negra C.I.A.S.A. Argentina's largest cement manufacturer, publicly listed on BYMA and NYSE. Direct comparable for PCR's cement division on product portfolio, customer base (Argentine construction), and regional scale; PCR is the leading cement player in Patagonia while Loma Negra leads in the Buenos Aires/Pampeana region.
• Vista Energy S.A.B. de C.V. Argentina-focused independent upstream operator with concentrated Vaca Muerta unconventional production. Comparable as a publicly listed Argentine E&P pursuing both conventional and unconventional growth, though PCR's portfolio is broader (cement + renewables) and more diversified geographically.
• YPF Luz: Renewable energy subsidiary of YPF focused on wind and solar generation supplying industrial customers. Comparable as a competing Argentine wind/solar IPP targeting the same MATER market and corporate PPA off-takers (Dow, steel, agribusiness) that PCR serves.
• Cementos Avellaneda S.A. Mid-sized Argentine cement producer (joint venture between Votorantim and Petrobrás historically) competing in the same Argentine cement market as PCR. Comparable on product offering (Portland cement, specialty products) and customer base (construction and infrastructure), though with different geographic concentration.

Broad incumbents

• Holcim Argentina: Argentine subsidiary of global cement leader Holcim Group, operating multiple cement plants and concrete networks nationwide. Comparable to PCR's cement division on product/category though broader in geography, broader product mix (ready-mix concrete, aggregates), and backed by global parent with deeper R&D and capital resources.
• Central Puerto S.A. Argentina's largest private-sector power generator with a diversified thermal, hydro, and renewable portfolio. Comparable to PCR's renewable division on power generation IPP model and MATER market participation, though substantially larger, multi-technology, and publicly listed.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@PCR_ENERGY
• LinkedInlinkedin.com/company/pcr-sa
• Instagraminstagram.com/pcr_energy

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petroquimica Comodoro Rivadavia S.a.