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| Cementos Portland Valderrivas attains 59.02% of Uniland  Cementos Portland Valderrivas, S.A., a subsidiary of FCC, has acquired another 130,000 shares of Corporación Uniland, S.A., which represent 2.47% of its capital. As a result, Cementos Portland Valderrivas now controls 59.02% of Corporación Uniland. Cementos Portland Valderrivas has an option to acquire up to 73.5% of Uniland in the same conditions. The option is valid for five years. Cementos Portland Valderrivas is the largest cement company in Spain and one of the biggest in the world. Uniland is the largest producer of cement in Catalonia.Uniland has two cement plants Spain (Vallcarca and Monjos, in the Barcelona area) with a total capacity of 3.2 million tonnes per year, 28 readymix concrete plants, nine gravel quarries, 12 dry mortar plants, and a cement terminal at Barcelona port. It owns 88% of Tunisian company Société de Ciments d'Enfidha, which has a 2.3 million tonnes/year cement plant, 4 readymix concrete plants, a gravel quarry and a shipping terminal. In Argentina, it owns 50% of Cementos Avellaneda, which has two plants (Olavarria and San Luis) with a total capacity of 1.2 million tonnes/year, six readymix concrete plants and two gravel quarries. In Uruguay, it controls 50% of Compañía Cementos Artigas, which has a 300, 000 tonnes/year cement plant close to Montevideo, four readymix plants and a gravel quarry. In the UK, it owns 100% of Southern Cement, which has a cement terminal in Ipswich, near London. It also has a specialised trading subsidiary in The Netherlands and owns 75% of Gulfland Cement (USA), which has three terminals in Louisiana. write your comments about the article :: © 2007 Construction News :: home page |