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.
Portugal
102 posts · Page 5 of 11
InterCement sells Portugal operations in further deleveraging
To help reduce its indebtness, InterCement is leaving the European market. Controlled by Mover Participações (current holding company of the Camargo Corrêa group), the company a...
Chairman of Semapa dies
Portuguese billionaire Pedro Queiroz Pereira, whose holding company Semapa controls paper and pulp producer The Navigator Company and cement maker Secil, died on Saturday aged 6...
Setubal project to attract cement businesses with panamax berths
Blue Atlantic of Portugal is aiming to offer one of the most efficient cargo transport routes in out out of Europe with plans for an 800m quay able to berth two Panamax vessels ...
Portugal's cement exporters face fresh challenges
Portugal’s cement sector has had little choice but to export cement since the euro crisis, but now it faces a new threat of needing to compete with other countries that have beg...
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...
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 takes massive provisions in Brazil
Cimpor's first-half turnover dropped by 31.1 per cent to EUR897.3m, while EBITDA declined by 39.1 per cent to EUR170.1m. The amortisation and provision charge jumped from EUR100...