Cement News tagged under: Brazil
InterCement's cement volumes remain stable in 3Q21 at 5.4Mt01 December 2021, Published under Cement NewsInterCement reports that its total cement volume remained at a solid 5.4Mt in the 3Q21, reflecting stability YoY due to the sizeable comparison base of last year, when post pandemic pent-up demand enhanced the base. The cement industry in Argentina remained on a strong pace, with Loma Negra volumes up eight per cent YoY, helped by some recovery of bulk segment. Argentine volumes expanded by 8.4 per cent versus the 3Q20. InterCement’s Brazilian volumes sold reached 2.5Mt, despite... |
Loesche acquires Dynamis24 November 2021, Published under Cement NewsLoesche has welcomed to its fold Brazil-based Dynamis, a company specialised in combustion and industrial processes since its foundation in 2003. “The Dynamis name is synonymous with the development of state-of-the-art equipment such as the revolutionary D-Gasifier, the D-Flame Burner, the robust D-Igniter and the efficient D-HotGas, which allows companies to work with a variety of fuels including biomass, petcoke, natural gas, and heavy fuel oil,” said Loesche in a statement. Dynamis fo... |
October sales down 10% in Brazil12 November 2021, Published under Cement NewsWhile year-to-date sales of cement in Brazil continue to be high in the period until October 2021, October’s stand-alone result has been seen as the worst of the year, according to the country’s cement association, SNIC. Total sales volume in October totalled 5.4Mt, down 9.5 per cent when compared to October 2020. However, in the first 10 months of 2021, sales were up 7.5 per cent YoY to 54.6Mt. Of this total, 42,000t was exported in October, up 68 per cent YoY, while in the 10M21 export v... |
Votorantim Cimentos records regional 3Q21 performance rise in US and Brazil12 November 2021, Published under Cement NewsIn Brazil Votorantim Cimentos' net revenue in the 3Q21 was BRL2.9bn (US$529.3m), an increase of 24 per cent compared to the 3Q20. Adjusted EBITDA was BRL672m an increase of 11 per cent compared to the same quarter last year. The positive results in Brazil in the 3Q21 were primarily due to growth in sales volume and prices, even when considering the strong comparison base in 3Q20 and economic dynamics with higher costs and higher inflation, said Votorantim Cimentos. The Brazili... |
Votorantim Cimentos sees net income rise by 57 per cent in 3Q2111 November 2021, Published under Cement NewsVotorantim Cimentos posted net income of BRL1.1bn (US$200.5m) in the 3Q21, an increase of 57 per cent over the same period last year. The company had global net revenue of BRL6.4bn in the 3Q21, an increase of 24 per ent compared to the 3Q20, primarily due to an increase in sales volume and favourable price dynamics. Votorantim Cimentos' global cement sales totalled 10.4Mt in the 3Q21, a seven per cent increase compared to the 9.7Mt sold in the 3Q20. Votorantim Cimentos ended... |
Buzzi Unicem's 9M21 regional results improve in USA and Eastern Europe09 November 2021, Published under Cement NewsThe sales volumes achieved by Buzzi Unicem in the third quarter of the current year showed a positive development in the United States and in Eastern Europe, which more than offsets the partial slowdown observed in Italy, mainly due to a high-base comparison, and a more evident contraction in Germany, also penalised by the unfavourable weather in July. In Italy, in the first 9M21, sales volumes nonetheless stood well above the level reached last year, with prices that confirmed the pos... |
Votorantim faces civil action from Federal Prosecutors’ Office29 October 2021, Published under Cement NewsVotorantim Cimentos SA, has stated that it became aware, through the media, of a public civil action filed by the Federal Prosecutors’ Office of São Paulo (MPF-SP) related to the decision issued by the Brazilian Administrative Council for Economic Defense (CADE) for alleged anticompetitive practices in the scope of the administrative proceeding that was closed in October 2015. In this public civil action, MPF-SP would require the conviction of entities and cement companies, includin... |
Votorantim Cimentos completes Cementos Balboa acquisition18 October 2021, Published under Cement NewsBrazil-based Votorantim Cimentos, through its Spanish subsidiary Corporación Noroeste, has announced the acquisition of Cementos Balboa. Cementos Balboa has a modern integrated cement plant located in Alconera, in the province of Badajoz, with an installed production capacity of 1.6Mta. With this facility, Votorantim Cimentos complements its current operations in Spain and expects to increase its operational efficiencies, accelerate its decarbonisation roadmap and enhance its distribution... |
September sales in Brazil continue to decline11 October 2021, Published under Cement NewsCement sales in Brazil slipped 1.6 per cent in September 2021 to 5.698Mt when compared with 5.812Mt sold in September 2020, according to Brazilian cement association, SNIC. The main sales indicators for construction materials, particularly cement, continue to decelerate as a result of the lower income of the population and growing household indebtedness, which reached 59.9 per cent, the highest value since records began in 2005. In addition, a high level unemployment, reduced emergency ai... |
Belterra clay could replace limestone in cement production11 October 2021, Published under Cement NewsIn a study, funded partly by the Brazilian Ministry of Education, Martin Luther University Halle-Wittenberg (MLU), Germany, and Brazil’s University of Pará, have found that CO2 emissions can be reduced during cement production by up to two-thirds by adding Belterra clay, unused overburden from bauxite mining. "This layer of clay can be up to 30 metres thick and covers the bauxite deposits in the tropical regions of the earth, for example in the Amazon basin," explains Professor Herbert Pöl... |