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The Americas

Lafarge and Votorantim finalise transaction

Lafarge has announced that it will receive Brazilian cement assets in exchange for the sale to Votorantim on 3 February 2010 of its 17.28% stake in the Portuguese Cimpor group.

 
 
 
 
 
 

Newsbytes from the US

Things begin to look up for Ash Grove, Cemex Davenport closes and Holcim invests in clean energy.

 

Camargo bid could see off CSN

Brazilian conglomerate Carmago Correa Group has acquired a 22.17% stake in Cimpor while CSN files antitrust complaint against Votorantim.

 

Cement in November 2009

USGS figures for cement production, export and import in November 2009.

 
 

Cemex announces Q409 results

Cemex has announced that consolidated net sales decreased 17% in the fourth quarter of 2009, to US$3.4 billion, and decreased 28% for the full year, to US$14.5 billion, versus the comparable periods in 2008.

 
 
 

Headwaters Inc. Q1 revenue down

Headwaters Incorporated, a diversified building products company dedicated to improving sustainability by transforming underutilised resources into valuable products, has announced results for its 31 December 2009 quarter, the first quarter of fiscal 2010.

 

Lafarge sells Cimpor stake to Votorantim

Lafarge has sold to Votorantim its 17.28% interest in Cimpor. The transaction will be completed in principle through an exchange of the Cimpor shares held by Lafarge for certain of Votorantim's assets in Brazil.