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InterCement is the second largest Brazilian cement company, after Votorantim Cimentos, the company was founded in 1967 and is headquartered in São Paulo. The company is a subsidiary of Brazilian conglomerate Camargo Corrêa.

InterCement owns 3 cement companies in Latin America, 3 power dams in Brazil, and 1 holding company. Has 8 cement industrial plants in Brazil and 9 in Argentina, the Company also owns 29 concrete plants, of which 18 are located in Brazil and 11 are in Argentina, besides three aggregate mines, being two in Brazil (metropolitan area of São Paulo) and one in the province of Buenos Aires.

In Brazil sells its products branded as Cauê and Cimento Brasil, in Argentina operates through its subsidiary Loma Negra the largest Argentine cement company and Ferrosur Roca a rail logistic company that distributes its products aorund the country, also operates in Paraguay through Yguazú Cementos, in Bolívia through Itacamba Cementos and in Angola.

In 2010 the company's parent Camargo Corrêa purchase 33% of shares the Portuguese cement company Cimpor, this shares was tranfered to InterCement and currently the company is the largest individual shareholder with 94.4% of the shares.

In addition the company produces more than 16 million tons of cement per year and its main competitors is Votorantim Cimentos, CSN, Lafarge, Cemex, Holcim, Cimentos LIZ and Cimentos Nassau

References

This article uses material from the Wikipedia article InterCement, that was deleted or is being discussed for deletion, which is released under the Creative Commons Attribution-ShareAlike 3.0 Unported License.
Author(s): I am One of Many Search for "InterCement" on Google
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