Unacem buys Cementos Portland for US$28m
Peru-based Unacem has acquired Cementos Portland for US$28m from Cementos Bío Bío and Votorantim. Unacem, which operates 8.3Mta of production capacity at two plants at Atocongo ...
Cementos Portland
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Cementos Bío Bío sells Peruvian subsidiary
Chile’s Cementos Bío Bío has sold its Peruvian subsidiary, Cementos Portland, in a transaction valued close to US$14m, according to La Tercera. The departure means that it will ...
Votorantim gets cold feet in Chile
This week saw a change in the stakeholder share in Chilean producer Cementos Bio Bio with Brazil-based Votorantim selling 13.1 per cent of the shares in the company to the Brion...
Spain: Cementos Portland improves loss
Cementos Portland reported a loss of nearly EUR36.8m (US$40.5m) in the first half of 2016, a 7.9 per cent YoY improvement when compared with the EUR39.9m loss in 1H15. EBITDA im...
Spain: Cementos Portland restructures debt
The refinancing of the EUR825m syndicated loan of cement producer Portland Valderrivas, a Fomento de Construcciones y Contratas (FCC) company, has been completed, reports Spacol...
Cementos Portland reports EUR29.6m loss in 1Q16
Spain’s Cementos Portland reported a loss of EUR29.6m (US$34m) in the first quarter of 2016, 0.4 per cent less than in 1Q15 due to a recovery in sales and savings in energy cost...
Cementos Portland to refinance EUR817m debt, reports 9M15 results
Cementos Portland is currently analysing “various alternatives” to refinance EUR817m of debt, 59 per cent of its total liabilities, which expires in 2016.
Cementos Portland in EUR200m capital increase
The shareholders of Spain's Cementos Portland have approved a EUR200m increase in the Spanish cement producer’s capital to strengthen its balance and reduce its debt. Cements Po...
Cementos Portland reports EUR45.3m net loss in 9M14
Spain's Cementos Portland has reported a EUR45.3m net loss in 9M14, a 92.1 per cent increase when compared with the loss noted in 9M13.
Cementos Portland renegotiates debt agreement
Spain's Cementos Portland has renegotiated its EUR1.114bn debt with its bank, according to the FCC subsidiary. It is the company's second refinancing in two years after the last...