Cement News tagged under: Brazil

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Brazilian cement market expands 5% in September

10 October 2019, Published under Cement News

Cement 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...

Votorantim

26 September 2019, Published under Cement News

Votorantim 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 results

26 September 2019, Published under Cement News

Votorantim 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-processing

17 September 2019, Published under Cement News

Brazil’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 August

10 September 2019, Published under Cement News

Apparent 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...

Votorantim: solid but flexible

28 August 2019, Published under Cement News

Brazil’s largest cement producer and a key international player, Votorantim Cimentos embraces the concept of being a solid company that is responsive to change. New global CEO Marcelo Castelli speaks with ICR about expectations for the markets in which it operates, changes to its business model in terms of portfolio diversification, and achievements under the company’s strong commitment to sustainablity and tackling climate change. Marcelo Castelli, Votorantim Cimentos’ new global CEO...

Brazil cement market expands 8% in July

12 August 2019, Published under Cement News

Brazilian cement sales increased 8.1 per cent YoY to 4.953Mt in July 2019, according to the country’s cement association, SNIC. The market expanded most in the south, advancing by 11.2 per cent to 827,000t, followed by the central-west by 10.9 per cent to 579,000t. The southeast, Brazil’s largest market, expanded by 9.1 per cent to 2.406Mt YoY, while the country’s smallest market, the north, saw offtake expand by 7.8 per cent to 221,000t. In the northeast, sales edged up by 1.4 per cent t...

Brazilian cement sales edge up in 1H19

12 July 2019, Published under Cement News

Cement sales in Brazil in January-June 2019 increase 1.5 per cent YoY to 25.8Mt, according to the country’s cement association, SNIC. In June 4.2Mt of cement were sold, down 15.7 per cent YoY. In terms of domestic sales per working day increased 1.8 per cent MoM but fell 7.9 per cent when compared with June 2018. "The performance of June ended up adjusting the high expansion of the month of May of 2019, which originated the very low performance of the same month of the previous year occa...

CSN Cimentos plans new 3Mta plant in Brazil

14 June 2019, Published under Cement News

Brazil’s CSN Cimentos has announced plans to invest BRL1.5bn (US$387.84m) for a new 3Mta cement facility in Paraná. Eduardo Bekin, president of the Paraná State Development Agency, has confirmed that the company already has the authorisation to conduct economic viability studies and should confirm the plant by late August. The company considered constructing the plant in Sergipe State, where it owns a limestone mine, according to Valor. The final decision reportedly rests on whether the com...

Brazil's cement sales rise 6% in 5M19

12 June 2019, Published under Cement News

In May apparent cement consumption (domestic sales plus imports) in Brazil increased 27.7 per cent YoY to 4.6Mt, according to the country's cement association, SNIC. The sharp rise reflects the 10-day nationwide truckers' strike in May 2018 that damaged economic activity and saw domestic cement sales down by 0.9Mt. Sales were up 30.5 per cent in the key southeast market to 2.262Mt, while the northeast – the country's second-largest market – reported a 23 per cent advance to 0.889Mt. In the s...