Fitch downgrades Cemento Tupi's ratings
Fitch Ratings has downgraded Cimento Tupi SA's (Tupi) ratings as follows: foreign currency Issuer Default Rating (IDR) to 'CCC' from 'B-'; Local currency IDR to 'CCC' from 'B-';...
Cimentos Tupi
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Cimentos Tupi to build new plant in Paraná state
Brazilian producer Cimentos Tupi is to invest BRL915m (US$408m) in a new factory in Adrianópolis, Paraná state. According to local news reports, the plant will have a capacity o...
Fitch Ratings affirms Cimentos Tupi's rating, Brazil
Fitch Ratings has affirmed Brazilian cement producer's Cimentos Tupi's 'B' ratings but has warned that a ratings downgrade could result from delays in the inauguration of the it...