Camargo reportedly selling cement unit
It has been reported by local press that Camargo Correa SA, the Brazilian family-owned conglomerate that has exited some of its businesses over the past year, has put its InterC...
Intercement
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The world in 2016 and outlook for 2017
This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era ...
Camargo Correa in talks to sell stake in Argentinian cement assets
Reuters reports that an anonymous source has disclosed that Brazilian engineering firm Camargo Correa has opened talks with a view to selling a 40 per cent stake in its Argentin...
Estanda surpervises Mozambique cement mill assembly
Estanda reported that in August it supervised the assembly of a cement mill for Intercement's plant in Mozambique. This cement mill project incorporated design and redesign of n...
Brazil: Cade issues fines of US$934m
Brazil's antitrust watchdog, Cade, has ordered six cement makers named in a price-rigging case to pay a combined BRL3.1bn (US$934m) in fines within a month in a landmark decisio...
Camargo Correa reportedly looking to sell stake in InterCement
Camargo Correa is looking to sell a stake in cement maker InterCement for up to BRL3.6bn (US$1.2bn) to make new overseas investments, according to a report in Brazilian daily ne...
S&P lifts Cimpor outlook from stable to positive
Standard & Poor’s has reaffirmed its ‘BB/B’ long and short term rating on Cimpor and InterCement, revising the outlook from stable to positive. The change follows the Outlook re...
Cimpor starts exporting from Portugal to northern Brazil
Cimpor has started its first exports to northern Brazil from Portugal, according to local press reports.
InterCement sells 52 per cent in Portuguese C+PA to Votorantim
Brazilian producer InterCement has sold a 52 per cent stake in Portuguese cement and building materials maker C+PA to Votorantim.
Cimpor: restructured for growth
Following the restructuring of Cimpor and asset swaps with InterCement Austria Holding, the Portuguese cement major is looking forward to an increased footprint in Latin America...