Brazil Jan-May sales rise 11.6%
Latest data on the Brazilian cement market shows that for the first five months of the current year, domestic sales were 27.6Mt, a rise of 11.6 per cent YoY. For the 12 rolling ...
Brazil
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Camargo Correa takeover of Cimpor to involve asset swap
A takeover bid by Camargo Correa for Cimpor will involve an asset swap to buy out Votorantim, Portugal's securities regulator CMVM said on Tuesday, Reuters reports. CMVM approve...
Brazil may approve Camargo's Cimpor stake – report
Brazil's antitrust regulator Cade may approve Camargo Correa's stake in Portuguese cement maker Cimpor Cimpor but reject the stake of rival Votorantim Cimentos, according to rep...
Votorantim first-quarter driven by Brazilian housing and infrastructure
Votorantim Industrial reported that first-quarter revenues increased for all businesses YoY, except for pulp, supported by business focused on the Brazilian market, mainly drive...
FLSmidth affirms 2012 outlook
FLSmidth has affirmed its outlook for full-year 2012 as a strong order intake in 1Q confirms growth expectations and positive outlook.
Camargo Correa rejects Cimpor proposal as ‘unrealistic’
Brazilian conglomerate Camargo Correa has rejected Cimpor management's counter-proposal for a merger with Camargo's cement unit, saying it was "unrealistic,” Reuters reports. Ci...
Brazil four-month sales rise 12.7%
Domestic cement sales in Brazil for the first four months of 2012 reached 21.7Mt, up 12.7 per cent YoY, according to data from local association, Sindicato Nacional da Indústria...
Camargo says Votorantim to likely exchange Cimpor stake - report
Camargo Correa SA said Votorantim Cimentos SA will probably accept some of Cimpor assets in exchange for its shares in the Portuguese company after rejecting a cash bid, Bloombe...
FLSmidth wins orders for Cimpor projects in Brazil
FLSmidth has received contracts to provide two major cement projects for Cimpor in Brazil. The expansion plans include a brand new production unit in northwestern Brazil (the Ca...
Brazil first-quarter sales rise 13.3%
Preliminary data on the Brazilian cement market shows that for the first quarter of 2012, domestic sales climbed 13.3% YoY to 16.4Mt, according to Sindicato Nacional da Industri...