Arabian Cement to set up Brazilian joint-venture
Egypt-based Arabian Cement Company, announced it will establish a grinding plant in northwest Brazil as part of a joint-venture agreement with local cement manufacturer Cementos...
Brazil
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Portugal Semapa profit up 15%
Portugal's conglomerate Semapa, owner of cement maker Secil, posted on Friday a 15 per cent rise in nine-month net profit, helped by lower taxes on some of its overseas operatio...
UK: Votorantim interest in Tarmac
Votorantim is understood to be planning a bid for a package of businesses being offloaded by Holcim and Lafarge, in an effort to seal a GBP32bn mega-merger that would include Ta...
Semapa 1H14 cement turnover up 5.3 per cent YoY
Semapa, the Portuguese holding company that controls cement maker Secil, said turnover from its cement business operating rose 5.3 per cent YoY to EUR217.3m, driven mainly by in...
Cimpor's 1H14 cement sales rise by 10.8%
Cimpor's first-half turnover showed a 4.4 per cent decline to EUR1243.1m, but at constant exchange rates there was a 22 per cent increase, while the EBITDA did improve by 1.6 pe...
Cimento Apodi to expand presence in northeast Brazil
Brazil-based cement producer Cimento Apodi is to construct a new cement plant in Sergipe state to reinforce its position in the northeast of the country. The new unit will have ...
Fitch: Votorantim Cimentos ‘backbone’ of parent rating
Fitch has affirmed the ratings for Votorantim and its subsidiaries, highlighting that its cement division continues to be the “backbone of the parent company's rating”.
Argos considers acquiring Holcim and Lafarge Latin America divestments
Colombia's Cementos Argos is currently looking into acquiring the assets Lafarge and Holcim are planning to sell in Latin America, particularly Mexico and Brazil. However, it ha...
Dynamis completes pryroprocessing orders
Brazil-based Dynamis has carried out a number of key pyroprocessing projects for the global cement industry over the past year. Below is an update of the company's recent cement...
Lafarge & Holcim propose Brazilian divestments
Lafarge and Holcim have published a list of proposed asset disposals to Brazilian Competition authority CADE, as part of efforts to help win regulatory approval for their planne...