Votorantim


The strength of cement demand in Brazil is such that Votorantim is being forced to import cement. Cement imports are coming from a number of countries, including Vietnam. Votorantim is benefiting from the strength of the Brazilian market, where it is by far the biggest supplier. In the first half of 2010, the Brazilian cement market rose by 14.6% to 27.6m tonnes. The sale of certain assets to Lafarge as part of the earlier agreement to purchase Lafarge's stake in Cimpor, was completed on the 20th of July.