Brazil
News

Belocal acquires L-Imerys' Brazilian lime and dolomite business

Bnamericas Published: Monday, May 07, 2018
Belocal acquires L-Imerys' Brazilian lime and dolomite business

Belgium lime and dolomite producer Lhoist's Brazilian JV, Mineração Belocal, acquired L-Imerys' business in Minas Gerais state, local paper Diário do Comércio reported.

L-Imerys was founded in 2011 and is headquartered in the municipality of Doresópolis. It is dedicated to the extraction of lime and dolomite. The business was part of the French multinational Imerys, present in Brazil for more than four decades.

The 200,000t/y capacity business was inaugurated in December 2013 and demanded an initial investment of 30mn euros (US$35.8mn), the report said.

Belocal is a JV between Lhoist and Votorantim Cimentos, the cement unit of Brazilian industrial conglomerate Votorantim. In 2004, all assets belonging to Votorantim, including its client portfolio and lime production facilities in southeast Minas Gerais, were transferred to the JV.

The conclusion of the transaction still depends on the approval of competent bodies. The acquisition's value was not disclosed, according to the report.

Belocal is part of Lhoist South America, which has nine units in Brazil, Chile and Colombia.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Mining & Metals (Brazil)

Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.

  • Project: Cajueiro
  • Current stage: Blurred
  • Updated: 2 months ago
  • Project: Salobo III
  • Current stage: Blurred
  • Updated: 3 months ago
  • Project: Gelado
  • Current stage: Blurred
  • Updated: 2 months ago

Other companies in: Mining & Metals (Brazil)

Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Companhia Siderúrgica do Pecém  (CSP)
  • Companhia Siderúrgica do Pecém (CSP) is a Brazilian joint venture between South Korean steelmakers Posco and Dongkuk and Brazilian mining giant Vale. CSP is building a steel mil...
  • Company: CSN Mineração S.A.  (CSN Mineração)
  • CSN Mineração is a mining subsidiary of the Brazilian steel conglomerate CSN. The company produces iron ore, an activity that it carries out in the municipalities of Congonhas, ...
  • Company: Gerdau S.A.  (Gerdau)
  • The Brazilian steelmaker Gerdau SA is one of the main producers of long steel in America and of special steels in the world, supplying the civil construction, industry and agric...
  • Company: FLSmidth Brasil
  • FLSmidth Ltda (FLSmidth Brasil) is the Brazilian subsidiary of FL midth & Co, the Danish supplier of equipment and services to the global cement and minerals industries. Headqua...