Tag Latin America

Brazil’s Cimento Nacional to be owned by Buzzi Group

Buzzi Fabrica Unidade Matozinhos 1

Italy-based Buzzi Group will increase its stake in Brazil’s Cimento National (NCPAR) from 50 to 100%, buying 50% shares from Grupo Ricardo Brennand (BCPAR). Cimento Nacional operates five cement plants (photo: Fábrica Matozinhos in MG) and two grinding units, with…

Brazil’s CSN enters into agreement with InterCement

InterCement Apiai SP

Brazil’s Companhia Siderúrgica Nacional (CSN) has entered into an exclusive agreement to negotiate the acquisition of InterCement’s operations in Argentina and Brazil (photo: Apiai plant in SP; we reported here 27.2.2024). The exclusive talks will run until July 12th, while CSN…