Cimpor and InterCement announce Brazil asset merger
Cimpor’s board of directors has approved the merger of two of its subsidiaries in Brazil, namely Cimpor Cimentos do Brasil and InterCement Brasil, Cimpor announced. Both compani...
Cimpor
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New Sofala plants to start operating in 2013, Mozambique
Two cement factories being constructed in the Sofala province of Mozambique are set to start operating by the end of this year.
Cimpor announces members of board of directors, Portugal
Cimpor announced that Luiz Roberto Ortiz Nascimento and André Pires Oliveira Dias have been appointed members of the Board of Directors, following the resignation of Erik Madsen...
Cimpor
Cimpor has concluded its assets exchange with its majority shareholder InterCement Austria Holding,
Cimpor, Camargo Correa transaction moves ahead
The board of Cimpor has approved a swap of shares of its holding InterCement, paving the way for Camargo Correa to purchase the 21,2% stake held by Votorantim Cementos on Cimpor...
Sociedad de Cementos y Materiales looks to cut 35 jobs
Spanish cement and building materials producer Sociedad de Cementos y Materiales de Construccion de Andalucia, is reportedly planning to lay-off 35 members of staff.
Mozambique is Cimpor’s star performer
For the first nine months of 2012, Cimpor’s cement and clinker shipments were 9.4 per cent lower at 18.82Mt, as volumes dropped by just over one -third both in Spain and China w...
Cimentos de Moçambique to invest in storage and bagging facilities
Cimentos de Moçambique, part of the Cimpor group, plans to invest in a new silo and bagging facility at its Nacala-Porto plant in Nampula province, according to local press repo...
Iberian impairments push Cimpor into a loss
Cimpor’s first half turnover declined by 5.5 per cent to €1086.8m, as the deterioration in Spain, Portugal and China could not be compensated for by improvements elsewhere.
Holcim could face 20% fine, Brazil
Holcim may be issued with a fine this year for price fixing practices in Brazil, a third less than the maximum that was expected, BusinessWeek reports. Brazil’s antitrust regula...