Fitch Publishes Brazilian Cement Dashboard

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has published the new Brazilian Cement Dashboard. The publication explores key topics affecting the credit profiles of the major players within the Brazilian cement industry. Items discussed include:

--Expectations of domestic cement demand growth in the short and medium terms;

--Continued expansion capex in the region;

--The need for infrastructure spending; and

--Continued uncertainty revolving around CADE's antitrust ruling against cement companies in Brazil.

Fitch's expectations of deteriorating conditions in the operating environment for Brazilian cement companies are built into the companies' current ratings.

The full report is available at www.fitchratings.com or by clicking the link above.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: Latin American Dashboard (Cement / Brazil)

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=866095

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Fitch Ratings Inc.
Phillip Wrenn
Associate Director
+1-312-368-2075
Fitch Ratings Inc.
70 W. Madison Street
Chicago, IL 60645
or
Joe Bormann, CFA
Managing Director
+1-312-368-3349
or
Gisele Paolino
Director
+55-21-4503-2624
or
Media Relations
Elizabeth Fogerty, +1-212-908-0526
[email protected]

Source: Fitch Ratings

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