Molins and Votorantim to control Bolivia's Itacamba
Cementos Molins of Spain plans the acquisition of a majority stake in Bolivia's Cementos Itacamba. The purchase is expected to take place via Spain-based Yacuces, a joint ventur...
Brazil
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Holcim and Lafarge announce proposed asset disposals
Two months after the announcement of their planned merger, Lafarge and Holcim have revealed the list of proposed divestments.
LH Merger update: plants for sale
Finally, exactly two months after the first official announcement of their 'merger of equals', Lafarge and Holcim clarify which plants are likely to be put up for sale. No surpr...
LH Merger: LatAm, Asia, Africa
The Lafarge Holcim merger is being viewed as a good geographical fit in emerging markets given Lafarge’s strong presence in the Middle East and Africa, and Holcim’s significant ...
Brazilian monthly cement sales slip
Preliminary industry data and market estimates indicate that cement sales in the Brazilian domestic market in May 2014 reached 5.932Mt, down 0.7 per cent YoY, latest data from S...
World Cup stadium built with Cemex cement
Cemex participated in the construction of the Arena da Amazonia soccer stadium that has hosted several competitive opening round matches of the 2014 FIFA World Cup including Eng...
Fitch: ratings unchanged for Votorantim
According to Fitch Ratings, the recent decision by Brazil's antitrust agency, CADE, to stiffen the penalties against Brazilian cement companies allegedly engaged in price collus...
Brazil’s CADE fines six cement companies US$1.4bn for price-fixing
Brazil’s antimonopoly authority CAD has fined six cement companies a total fine of BRL3.1bn (US$1.4bn) for fixing market prices.
Currency movements depress Cimpor profits
Cimpor has reported an adjusted first-quarter turnover 6.8 per cent lower at EUR592.5m and the EBITDA declined by 9.7 per cent to EUR133.1m. Measured in local currency, however,...
6th Brazilian Cement Congress underway
The long-awaited 6th Brazilian Cement Conference (CBC) officially opened its doors on Monday, 19 May 2014 to over 300 industry professionals in the vibrant city of Sao Paulo, Br...