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News Cementos Bío Bío sells Cementos Portland

Cementos Bío Bío sells Cementos Portland

Written by Global Cement staff 11 October 2018
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Peru: Chile’s Cementos Bío Bío’s has sold its 50% share in Cementos Portland (Cempor) for US$14m. The cement producer originally purchased a stake in the company in 2010, according to the La Tercera newspaper. The Chilean company had previously intended to build a cement plant in Lima in a joint venture with Brazil’s Votorantim but this was delayed by legal opposition from Unacem.

Published in Global Cement News
Tagged under
  • Peru
  • Cementos Bio Bio
  • Sale
  • Cempor
  • Votorantim Cimentos
  • Chile
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