Intercement
InterCement is a Brazilian private cement manufacturer founded in 1967, operating 34 production units with 33+ million tons of annual capacity across Brazil and Argentina via its Loma Negra subsidiary. It produces cement, concrete, and aggregates for construction firms and infrastructure developers, using proprietary coprocessing technology for waste-derived energy.
- Company typePrivate
- Founded1967
- HeadquartersSão Paulo, Brazil
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Intercement does
InterCement is a Brazilian private cement and construction materials manufacturer, founded in 1967 and headquartered in São Paulo. The company operates 34 production units with installed capacity exceeding 33 million tons of cement per year, making it one of the largest cement complexes globally (described as the 6th largest in the world). Its core product portfolio spans cement, ready-mix concrete, and aggregates, produced and distributed through regional subsidiary brands including Loma Negra (Argentina, NYSE/BYMA-listed, holding ~45% of the Argentine cement market with 9 factories), InterCement Brasil (15 factories, vice-leader in the Brazilian market), and previously Cimentos de Moçambique, NPC (South Africa), and Amreyah Cement (Egypt). The company's underlying technology centers on cement manufacturing process engineering, with a notable proprietary coprocessing capability that uses waste-derived fuels to displace fossil energy in kiln operations, reducing carbon intensity — the technology is a stated sustainability differentiator on its global website.
The business model is industrial and B2B: cement, concrete, and aggregates are sold through direct sales networks and regional brands to construction firms, infrastructure developers, and large-scale public works projects. Pricing is quote-based and not publicly disclosed; contracts are typically multi-year arrangements with enterprise buyers. Cement products must meet national regulatory specifications (e.g., ABNT in Brazil, IRAM in Argentina) and the company holds ISO 9001 (quality), ISO 14001 (environmental), and ISO 45001 (occupational health and safety) certifications for its Brazilian operations. The company employs more than 6,000 people across its remaining operating geographies (primarily Brazil and Argentina following the 2023 divestiture of African operations).
In April 2026, InterCement underwent a major debt restructuring led by Argentine energy mogul Marcelo Mindlin and Pampa Energía: $1.8 billion of debt was converted to equity, $110 million of new capital was injected, and total debt was reduced to approximately $450 million with no maturities until 2031. The restructuring transferred effective control of the company to the Mindlin-led investor group and signaled a strategic refocus on the core Brazil-Argentina cement platform after several years of portfolio divestitures (Portugal/Cape Verde in 2018, Paraguay in 2020, Egypt in 2023, and Africa in 2023).
Intercement firmographics
Firmographics- Name
- Intercement
- Legal name
- InterCement do Brasil S.A.
- Website
- https://intercement.com
- Company type
- Private
- Founded year
- 1967
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- InterCement is a Brazilian private cement manufacturer founded in 1967, operating 34 production units with 33+ million tons of annual capacity across Brazil and Argentina via its Loma Negra subsidiary. It produces cement, concrete, and aggregates for construction firms and infrastructure developers, using proprietary coprocessing technology for waste-derived energy.
- Ownership category
- akta.pro rank
Intercement industry classification
Industry- Product category
- Cement Manufacturing
- NAICS
- Cement Manufacturing (327310), Cement and Concrete Product Manufacturing (3273), Ready-Mix Concrete Manufacturing (327320)
- SIC
- Cement, Hydraulic (3241), Concrete Products, Except Block & Brick (3272)
- akta.pro primary industry
- Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)
- akta.pro secondary industries
- Ready-Mix Concrete Production & Delivery (IMADAAAA), Aggregate Processing & Value-Added Products (Washing, Screening, Asphalt/Concrete Aggregates) (IMAKAHAH), Aggregates Logistics, Terminals & Distribution (IMADAAAK)
Keywords
Where Intercement is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices7 records
Markets served
Intercement business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D
Revenue model
- Cement Sales: Production and sale of cement products through manufacturing facilities across Brazil, Argentina, Mozambique, South Africa, and Egypt. Products follow normative specifications of national industry regulatory bodies and international best practices.
- Concrete and Aggregates: Sale of concrete and aggregate products for construction applications, with technical support and logistical excellence.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B cement and concrete products |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Intercement product offering
Product offeringCore offering
InterCement manufactures and sells cement, concrete, and aggregates for the construction and infrastructure sectors through 34 production units with over 33 million tons of annual capacity. It distributes products through direct sales networks and regional subsidiaries including Loma Negra in Argentina and InterCement Brasil, applying coprocessing technology to reduce the carbon footprint of cement production.
Product overview
InterCement is a Brazilian private equity cement company operating as a unified platform with multiple regional brands. The company operates 34 production units with active capacity exceeding 33 million tons of cement per year across Brazil, Argentina, Mozambique, South Africa, and Egypt. Its core product portfolio comprises cement, concrete, and aggregates, delivered through regional subsidiaries including Loma Negra (Argentina, 9 factories), InterCement Brasil (15 factories), Amreyah Cement (Egypt, 1 factory), Cimentos de Moçambique (Mozambique), and NPC (South Africa, 3 factories). The company employs over 6,000 professionals and serves construction, infrastructure, and iconic construction projects worldwide.
Differentiator
Problem solved
Functional benefit
Brands
- Amigo Construtor: Customer program and platform for construction professionals in Brazil
- SER InterCement
- Instituto InterCement
Products and services
- Cement
Companies that use Intercement
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles3 records
Intercement technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Intercement partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- Mozambique Matola IIminorLeasing of cement production unit in Mozambique (Matola II) in 2013, representing the company's 40th unit at the time.
- CimporminorInterCement acquired 33% of Cimpor's share capital in 2010. Cimpor was founded in 1896 in Portugal. Integration of InterCement-Cimpor was completed in 2012.
- Loma NegracoreAcquired in 2005, Loma Negra is a publicly-held company listed on NYSE and BYMA, holding approximately 45% of Argentina's cement market. It operates 9 cement factories in Argentina.
- Ferrosur RocaminorRailway and transport concession acquired alongside Loma Negra in 2005 for product transportation logistics.
Scale indicators10 records
Recent moves13 records
Expansion highlights4 records
Intercement competitors and assessment
Company assessmentDirect peers
- Votorantim Cimentos: Brazil's largest cement producer and InterCement's chief domestic rival. Both compete head-to-head in Brazil across cement, concrete, and aggregates, with overlapping regional footprints and similar downstream integration strategies.
- Cemex: Mexico-based global cement major with significant Latin American exposure, including operations across South America. Closely comparable to InterCement in product mix (cement, ready-mix, aggregates) and emerging-market concentration.
- Cementos Argos: Colombia-based cement producer with operations across Latin America and the United States. Comparable to InterCement in regional LatAm cement positioning, vertical integration into concrete, and exposure to emerging-market construction cycles.
- Buzzi SpA: Italian cement major with significant operations in Latin America (Brazil, Mexico). Closely comparable to InterCement in Brazilian market presence, vertical integration, and focus on integrated cement/concrete platforms.
Broad incumbents
- Holcim: One of the world's largest cement and aggregates producers with extensive Latin American operations, including Argentina. Competes with InterCement in cement, ready-mix concrete, and sustainable construction solutions across overlapping geographies.
- CRH plc: Ireland-based global building materials leader with major operations across the Americas. Comparable to InterCement in vertically integrated cement, aggregates, and concrete product offerings, though with broader geographic and product diversification.
- Heidelberg Materials: Germany-headquartered global cement, aggregates, and ready-mix concrete producer. Comparable to InterCement in core product portfolio, sustainability initiatives (including alternative fuels/coprocessing), and integrated operating model across multiple continents.
Regional players
- Dangote Cement: Africa's largest cement producer with pan-African operations, including Mozambique and South Africa where InterCement previously operated. Comparable to InterCement's prior African footprint and large-scale cement capacity expansion strategy.
Emerging players
- Ultratech Cement: India's largest cement producer with substantial capacity and emerging-market focus. Comparable to InterCement in growth-driven emerging-market strategy, scale economics, and integrated cement-to-concrete value chain positioning.
Others
- Taiheiyo Cement: Japan-based global cement producer with operations in the Americas (including via prior acquisitions). Comparable to InterCement in cement manufacturing technology, coprocessing/alternative fuels adoption, and integrated aggregates and concrete offerings.
Market position
Weaknesses5 records
Competitive moat4 records
Key risks1 record
Key highlights7 records
Customer concentration
Intercement social profiles
Digital presenceIntercement compliance and trust
Trust signalCompliance4 records
Intercement financial estimates
Financial estimateRevenue estimate
Valuation estimate
Intercement leadership team
Management profileNumber of profiles
Intercement subsidiaries and ownership
Company hierarchySubsidiaries4 records
Intercement funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Intercement M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Intercement
What does Intercement do?
InterCement manufactures and sells cement, concrete, and aggregates for the construction and infrastructure sectors through 34 production units with over 33 million tons of annual capacity. It distributes products through direct sales networks and regional subsidiaries including Loma Negra in Argentina and InterCement Brasil, applying coprocessing technology to reduce the carbon footprint of cement production.
Is Intercement a public or private company?
Intercement is a private company. It is classified as private equity controlled and is currently operating.
When was Intercement founded?
Intercement was founded in 1967. It employs 5,001 to 10,000 people.
Where is Intercement based?
Intercement is headquartered in São Paulo, Brazil, in the Latin America region.
How does Intercement make money?
Two revenue lines are on record. Cement Sales are the primary driver. The others are concrete and Aggregates.
Who are Intercement's main competitors?
Direct peers on record are Votorantim Cimentos, Cemex, Cementos Argos and Buzzi SpA. Broad incumbents are Holcim, CRH plc and Heidelberg Materials. Dangote Cement is listed as a regional player. Ultratech Cement is listed as an emerging player. Taiheiyo Cement is listed as an others.
Does Intercement have an API?
No public API is recorded for Intercement.
What industry is Intercement in?
Intercement's product category is Cement Manufacturing. Its primary akta.pro industry code is IMADAAAG, Cement Manufacturing (Portland, Blended & Specialty), with a secondary code of IMADAAAA, Ready-Mix Concrete Production & Delivery. Its NAICS code is 327310 and its SIC code is 3241.