Tag Intercement

InterCement to sell Loma Negra stake in Argentina

LomaNegra Amali new

InterCement is negotiating to sell the shares in cement producer Loma Negra to Grupo EMES, one of the largest private equity and institutional investors in Argentina, led by founding partner and Chairman Marcelo M. Mindlin. InterCement, owned by Mover Participações…

InterCement filed for protective injunction in Brazil

Intercement cimento Ijaci Brazil

Brazil’s InterCement Participacoes, together with its unit InterCement Brasil SA, certain subsidiaries and controlling shareholder Mover Participacoes filed for a projective injunction in Brazil. Loma Negra in Argentina is not part of the preliminary injunction, which doesn’t affect InterCement or…

Huaxin buys African cement assets from Intercement

Natal Simuna Plant1

Intercement announced the divestment of its cement assets in Mozambique and South Africa to Chinese Huaxin Cement. The assets include 3.3 Mta cement capacity from 2 integrated and 3 grinding plants in Mozambique as well as 2.0 Mta capacity from…