Cimpor appoints two new directors

Portuguese cement company 1347 Cimpor, owned by Brazilian group 3718 Camargo Correa, has appointed Luiz Nascimento and Andre Dias as new directors. They replace Walter Schalka and Erik Madsen, who represented fellow Portuguese firm 1729 Votorantim on the board of directors. The director changes are being made following an exchange of assets between Camargo Correa and Votorantim.