# Huaxin agrees to buy CSN Cimentos, marking entry into Brazil’s cement market

https://mins.news/en/item/134453

- South China Morning Post, 2026-11-08 13:19 UTC
- Economy
- Original: https://www.scmp.com/business/companies/article/3373706/china-enter-brazils-cement-market-huaxin-agrees-buy-csn-cimentos

> Chinese building materials group Huaxin plans to acquire a 99.99 per cent stake in Brazil’s second-largest cement producer, CSN Cimentos, in a deal valued at US$1.64 billion. The acquisition would mark China’s first entry into Brazil’s cement market.