Opening and Closing Bell on Wall Street
Lima, Peru-based cement manufacturer Cementos Pacasmayo S.A.A. visits the NYSE to celebrate the company’s completion of its initial public offering and first day of trading. In honor of the occasion, Chairman Eduardo Hochschild rings The Closing Bell℠ joined by members of the Cementos Pacasmayo senior management team. Cementos Pacasmayo’s American depositary shares will begin trading on the NYSE today under the ticker symbol “CPAC.” Cementos Pacasmayo will be the first Latin American IPO to list on the NYSE in 2012.
About Cementos Pacasmayo S.A.A. (NYSE: CPAC)
Cementos Pacasmayo is a leading Peruvian cement company, and the only cement manufacturer in the Northernregion of Peru. It is among the most profitable publicly-listed cement manufacturers in the world, based on operating margins over the past three years. With more than 54 years of operating history, the company produces, distributes and sells cement and cement-related materials, such as concrete blocks and ready-mix concrete. Cementos Pacasmayo’s products are primarily used in construction, which has been one of the fastest-growing segments of the Peruvian economy in recent years. The Company also produces and sells quicklime for use in mining operations.