Brazil: China-based Huaxin Cement has signed a deal worth US$187m to buy aggregates producer Embu. Embu owns four quarries in the metropolitan region of São Paulo with a production capacity of nearly 9Mt/yr, according to the Rio Times newspaper. In 2023 it produced 6.3Mt and reported a net profit of around US$3.2m.

Huaxin Cement to buy aggregates producer Embu
URL: https://www.globalcement.com/news/item/18237-huaxin-cement-to-buy-aggregates-producer-embu
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