Skip to main content

Cementos Pacasmayo plans to separate cement and phosphate operation

Published by , Editor
World Cement,

Reuters are reporting that Cementos Pacasmayo, Peru, has announced plans to separate its cement operation and phosphate holdings into two independent public companies.

The company's ownership of Fosfatos Del Pacifico will be transferred to a separate entity, Fossal, that will in turn own 70% of Fospac.

The proposed corporate reorganisation is tax-free.

Fossal will retain same the directors and CEO.

Edited from source by Joseph Green. Source: Reuters

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your advance tickets NOW »


Embed article link: (copy the HTML code below):