Cement News tagged under: Brazil
Heavy rains impact Brazil's January cement sales performance19 February 2020, Published under Cement NewsCement sales in Brazil during January 2020 fell by 0.9 per cent YoY to 4.5Mt as heavy rains in the north and southeast impaired performance, the National Union of the Cement Industry (SNIC) has said. When based on the number of working days, domestic sales were also down by 0.9 per cent compared to January 2018. Apparent cement consumption (ie, domestic sales plus imports) totalled 4.5Mt in the first month of 2020, down by 1.3 per cent YoY. The result is a reflection of poor performances... |
Brazilian cement sales reach 54.5Mt in 201910 January 2020, Published under Cement NewsDomestic cement sales in Brazil advanced 1.6 per cent YoY to 4Mt in December 2019, according to the country’s National Cement Industry Union (SNIC). In terms of sales per business day there was a 2.7 per cent YoY rise when compared with 2018. Apparent consumption in December was up 1.5 per cent YoY to 4Mt. For the full-year 2019 sales increased 3.5 per cent YoY to 54.5Mt, “the first positive result since 2014”, says SNIC in a statement. When viewed as sales per business day, the advance wa... |
CRH seeking buyers for its Brazilian business30 December 2019, Published under Cement NewsCRH, Ireland, is selling its cement business in Brazil, which it acquired in 2015 as part of a portfolio of assets bought from Lafarge and Holcim during their merger, according to reports in Valor Economico. CRH Brasil Participacoes S.A. operates three integrated plants and one grinding mill in the states of Minas Gerais and Rio de Janeiro with a total cement production capacity of 2.75Mta. CRH has reportedly hired Citigroup to help find buyers for the Brazilian assets. The bank is already... |
Brazilian cement market expands 4% in November09 December 2019, Published under Cement NewsCement sales in Brazil increased 3.9 per cent YoY in November to 4.7Mt, according to SNIC, the country’s cement association. Apparent cement consumption, which includes imports, totalled 4.7Mt, up 3.5 per cent YoY, in November 2019. SNIC attributed the rise in sales to the recovery of the real estate sector. "The number of new residential launches accumulated an increase of 17 per cent until September compared to the same period of 2018. The number of new properties financed by SBPE (Brazil... |
Brazilian sales up 9% in October12 November 2019, Published under Cement NewsCement sales in Brazil totalled 5.2Mt in October 2019, representing a 9.2 per cent increase when compared with October 2018, according to the country’s cement association, SNIC. The rise follows four consecutive years of decline. Domestic sales per working day edged up 0.6 per cent MoM and 6.9 per cent YoY. Apparent consumption, which includes imports, reached 5.2Mt, up 8.8 per cent YoY. “Sales performance in 2019 is the beginning of recovery from the huge fall the industry has suffered in... |
Brazilian cement market expands 5% in September10 October 2019, Published under Cement NewsCement sales in Brazil increased 5.3 per cent to 4.7Mt in September 2019 when compared with the same month in the previous year, according to SNIC, the country’s cement association. Apparent consumption, which includes imports, totalled 4.8Mt in September, representing a YoY advance of 5.2 per cent. Domestic sales per business day in September, which takes into account the number of days worked and has a strong influence on cement consumption, increased by 2.7 per cent compared to August a... |
Votorantim26 September 2019, Published under Cement NewsVotorantim Cimentos has reported a 3.7 per cent YoY increase in its consolidated net revenue from goods sold and services in the opening half of this year to BRL5.822bn (US$1.403bn). Gross profit over the same period contracted 7.1 per cent to BRL825.3m on the back of a 5.8 per cent YoY uptick in the cost of goods sold and services. Operating profit in the 1H19 expanded by 54.8 per cent YoY to BRL517.4m, while net profit improved significantly, rising to BRL118.9m from a loss of BRL290.9m in... |
Votorantim Cimentos reports positive 2Q net results26 September 2019, Published under Cement NewsVotorantim Cimentos saw its consolidated net revenues from goods sold and services rendered increase 3.7 per cent to BRL5.822bn (US$ 1.403bn) in the first half of 2019 when compared with the 1H18 when net sales reached BRL5.612bn, according to a company statement. However, as cost of goods sold and services rendered was up 5.8 per cent from BRL4.724bn in the 1H18 to BRL4.997bn in January-June 2019, gross profits were down 7.1 per cent from BRL888.1m in the 1H18 to BRL825.3m in the January... |
Votorantim creates new unit to assist alternative material co-processing17 September 2019, Published under Cement NewsBrazil’s Votorantim Cimentos has created a new business unit, named Verdera, to manage and provide services throughout the co-processing chain of alternative materials used in cement production. The company announced an investment plan of BRL400m (US$98m) to develop the unit over the next four years. The goal of Verdera is to offer waste disposal services to different companies and industries. Furthermore, the company plans to increase its petcoke substitution rate from 25 per cent to 80... |
Brazil's cement market expands 3% in August10 September 2019, Published under Cement NewsApparent cement consumption in Brazil edged up 2.9 per cent YoY to 5.1Mt in August 2019, according to the country’s cement association, SNIC. Domestic cement sales increased three per cent to 5.1Mt in August 2019 when compared with August 2018. When considering the number of business days, daily sales were up 5.1 per cent YoY and 4.1 per cent MoM. In terms of regions, the southeast led growth with deliveries up 7.1 per cent YoY, followed by the southern region, which saw sales increase b... |