Cementos Pacasmayo 1Q Results

Cementos Pacasmayo S.A.A., a leading Peruvian cement company, has reported a 13 percent increase in its net income to $17.1 million for the first quarter of 2013 (ended March 31) from $15.1 million in the same period in 2012. The company’s cement sales volume increased 6.5 percent from the prior-year quarter.

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Cemex to Curb Air Emissions, Pay Fine

The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice (DOJ) announced that Cemex, Inc., the owner and operator of a portland cement manufacturing facility in Lyons, Colo., has agreed to operate advanced pollution controls on its kiln and pay a $1 million civil penalty to resolve alleged violations of the Clean Air Act (CAA).

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Votorantim Cimentos Files for $5.4 Billion IPO

Brazil’s largest cement producer, Votorantim Cimentos S.A., filed a $5.4 billion maximum proposed initial public offering with the U.S. Securities and Exchange Commission (SEC) on April 17. The company plans to dual list on the NYSE and São Paulo Stock Exchange to raise funds to finance expansion, portfolio diversification and reduce debt. A request was filed with the Brazilian Securities…

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