OYAK to invest in Cabo Verde
The Cape Verdean government reported that Turkish cement producer, OYAK is investing in Cabo Verde for the extraction of pozzolan, volcanic rocks used in the cement industry. Po...
Cimpor
107 posts · Page 4 of 11
A new wave of Asian overseas expansion?
This week CemNet reported on the announcement that Taiwan Cement is creating a new subsidiary, Dutch TCC Holdings, investing up to US$1.1bn in the new company. Dutch TCC Holding...
Cimpor
The Camargo Correa subsidiary InterCement, formerly trading as Cimpor, has agreed to sell its Portuguese and Cape Verde assets to the Turkish group Oyak.
Loma Negra to raise capital during positive Argentine climate
Argentina's cement market has seen a revival in the last year and this week further positive indicators have been released with consumption rising by 7.4 per cent YoY during Aug...
Cimpor's 1H volumes down 2.7 per cent
Cimpor reported that first-half 2017 EBITDA growth in Argentina, Paraguay and South Africa, and to a lesser extent Portugal, mitigated adverse operating environments in the comp...
Loma Negra board to consider equity offering
Cimpor announced that the board of directors of its subsidiary, Loma Negra (Argentina) has called for an Extraordinary General Meeting (EGM) to consider the necessary moves requ...
Cimpor EBITDA recovers by 5%
Cimpor’s first quarter turnover eased by 0.3 per cent to EUR452.9m, while the EBITDA recovered by five per cent to EUR84.1m. The trading profit (EBIT) improved by 3.1 per cent t...
Cimpor books larger loss in 2016
With declining volumes in Cimpor's three most important markets. In Brazil, Argentina and Portugal, the turnover fell by 26.1 per cent in 2016 to EUR1842.8m and EBITDA came off ...
Portugal: Cimpor to resume cement exports from Loulé
Cimpor's Loulé plant is due to resume exports via the Algarve port of Faro, Portugal.
Cimpor hit by the weakness in volumes and currencies
Cimpor's nine-month turnover fell by 28.5 per cent to EUR1379.4m and EBITDA dropped by 33.1 per cent to EUR264.6m as cement deliveries in Portugal, Brazil and Argentina declined...