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InterCement Brasil S.A.

Company Detail

Description

InterCement Brasil is an unlisted subsidiary of Brazilian holding group Camargo Corrêa, through its cement division InterCement Participações. The latter is a multinational company with an installed capacity of 47Mt and 40 production units in Brazil, South Africa, Argentina, Cape Verde, Egypt, Mozambique, Paraguay and Portugal. Founded in 1967, the company is based in São Paulo. InterCement Brasil is responsible for 37.4% of InterCement's production volume. The firm produces cement, lime and mortar, and it owns 10 integrated plants and 6 mills, for a production capacity of 18.3Mt/y. In 2015, 10.5Mt of cement and clinker were sold in Brazil. The company also has stakes in cement producer Loma Negra (99.5%) and railway company Ferrosur Roca (80%), both in Argentina; and in Iguazú Cementos (51%), a cement manufacturer in Paraguay. Loma Negra has nine factories and a production capacity of 7.6Mt/y. InterCement Brasil also owns Cimento Cauê, with factories in Pedro Leopoldo and Santana do Paraíso, and a total production capacity of 1.2Mt/y. Camargo Corrêa is a diversified holding company with operations in markets such as electric power, transport, engineering, cement and textile.

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