Cement News tagged under: Brazil
Brazil's cement market contracts 1% in November14 December 2022, Published under Cement NewsCement sales in Brazil slipped 0.8 per cent YoY to 5.3Mt in November 2022, according to the Brazilian cement association, SNIC. In the January-November 2022 period sales declined by 2.5 per cent YoY to 58.5Mt. In its monthly summary of the country’s construction industry, SNIC also highlighted that real estate financing remains challenged by the higher Selic rate of 13.75 per cent, shifting investment towards financial assets. Real estate launches continues to fall by 8.5 per cent until... |
Votorantim Cimentos announces stricter emissions target02 December 2022, Published under Cement NewsVotorantim Cimentos has revised its decarbonisation target to 475kg of CO 2 per tonne of cement by 2030. The company’s new global target is 8.7 per cent lower than the target of 520kg of CO 2 per tonne of cement previously announced as part of its 2030 Sustainability Commitments. The new Scope 1 target, which refers to CO 2 emissions generated directly by company operations, was approved by the SBTi (Science Based Target initiative) and represents a reduction of 24.8 per cent compar... |
Quarterly results propped up by steep price increases25 November 2022, Published under Cement NewsThe latest quarterly results reveal that cement producers are increasingly turning to price rises to offset the ongoing jump in energy costs, while they struggle to maintain margins. In addition to price increases, companies are reviewing their energy portfolios, fuel types and accelerating the shift to alternative fuels. In Indonesia PT Indocement saw its energy costs reach 50 per cent of total production cost in the third quarter of 2022, prompting the company to implement three price... |
InterCement posts 17% sales increase in 3Q2223 November 2022, Published under Cement NewsInterCement has reported cement and clinker sales of 5.494Mt in the third quarter of 2022, up 1.2 per cent on the same quarter a year earlier (3Q21: 5.428Mt). Total sales over the 3Q22 advanced by 16.5 per cent YoY to US$492m, driven mainly by a solid volume performance in Argentina and healthy pricing across all locations. Total EBITDA improved by 2.7 per cent YoY from US$122m in the 3Q21 to US$126m in the 3Q22, while adjusted EBITDA was up 2.1 per cent from US$127m to US$130m. Cost pr... |
Brazil’s cement sales see slight dip in October18 November 2022, Published under Cement NewsCement sales in Brazil slipped 0.6 per cent to 5.356Mt in October 2022 when compared to October 2021 when sales reached 5.387Mt, according to the country’s cement association, SNIC. While sales in the largest market, the southeast, advanced by 2.8 per cent YoY in October 2022 to 2.456Mt from 2.389Mt, the northeast saw a 6.4 per cent drop in deliveries to 1.087Mt YoY from 1.161Mt. In the south, sales were down by 1.9 per cent YoY to 0.884Mt from 0.901Mt and the north by 6.1 per cent to 0.26... |
Votorantim Cimentos achieves consolidated net revenue of BRL7.6bn in 3Q2211 November 2022, Published under Cement NewsVotorantim Cimentos ended the 3Q22 with consolidated net revenue of BRL7.6bn (US$1.25bn), an increase of 19 per cent compared to the same period last year. Consolidated adjusted EBITDA in 3Q22 was BRL1.7bn, up six per cent from 3Q21 and 29 per cent higher than 2Q22. The consolidated EBITDA margin was 23 per cent, an increase of three percentage points compared to 2Q22. The company’s global cement sales totalled 10.2Mt in the third quarter of this year, with a slight drop of one per ... |
The 8th SEMTEC attracts more than 350 industry professionals07 November 2022, Published under Cement NewsThe 8th SEMTEC Technical Seminar was successfully held in Belo Horizonte, Brazil, on 25-27 October 2022. More than 350 technicians of the cement and lime industry from 81 different plants in South America attended the event. A total of 44 companies sponsored SEMTEC 2022, including International Cement Review. More than 350 delegates attended SEMTEC 2022 SEMTEC 2022 was held in Hotel Ouro Minas, Belo Horizonte, Brazil |
Study aids decarbonisation plans in emerging markets20 October 2022, Published under Cement NewsA recent study into how cement is used in emerging markets has revealed a number of trends with key implications for the decarbonisation of the cement industry. The study, titled ‘Paving the way for a better future’, was carried out by the Concrete Action for Climate initiative of the Mission Possible Partnership, co-led by the Global Cement and Concrete Association (GCCA), the World Economic Forum, in collaboration with Boston Consulting Group (BCG), and centred on four emerging markets ... |
Haver & Boecker Niagara expands Pedro Leopoldo manufacturing facility19 October 2022, Published under Cement NewsHaver & Boecker Niagara has expanded its manufacturing facility in Pedro Leopoldo, Brazil. The building expansion allows the company to produce 8000 parts per month at a rate of 320 parts per day. Additionally, the company can now move its rubber production 100 per cent in-house, allowing for an increased production capacity of its signature Ty-Dura Screen media and premium rubber liners by 60 per cent. "As Haver & Boecker Niagara’s global presence has grown, so has an interest in our inn... |
Brazil's cement market contracts in September17 October 2022, Published under Cement NewsBrazilian total cement sales declined by 3.8 per cent YoY to 5.5Mt, according to the country’s cement association, SNIC. Per working day, sales fell by 3.5 per cent YoY to 238,000t. Within Brazil sales reached 5.483Mt, down 3.5 per cent YoY, in September 2022. The country’s second-largest market, the northeast, saw the largest fall with sales down six per cent to 1.098Mt in September 2022 from 1.168Mt in September 2021. The southeast and southern markets contracted by 3.9 per cent to 2.522M... |