Cimpor starts exporting from Portugal to northern Brazil

Cimpor has started its first exports to northern Brazil from Portugal, according to local press reports.

The first shipment of 28,000t of cement has already reached the port of Manaus, northwestern Brazil, Valor Economico reported.

Camargo Correa's subsidiary InterCement, which owns Cimpor, plans to import some 70,000t of Portuguese cement this year.

Apart from Brazil, Cimpor seeks to expand its exports to Algeria, Togo and Paraguay amid the shrinking sales in the domestic market.