Cement News tagged under: Brazil
Brazil's cement demand stable in March15 April 2020, Published under Cement NewsFollowing a good first half to the month, Brazilian cement consumption saw a sharp decline in the second half of March, according to the country’s cement association, SNIC. The fall was attributed to the circulation restrictions and a reduction in the pace of works as public transport, trades and support services near the buildings were limited. Therefore, cement sales in March remained stable when compared to March 2019 and slipped 0.5 per cent MoM to 4.1Mt. However, when cement sales per ... |
Moody's changes outlook for Votorantim Cimentos31 March 2020, Published under Cement NewsThe outlook for Brazil’s Votorantim Cimentos has been downgraded from positive to negative by Moody’s Investors Service. However, the Ba1 rating for the company has been affirmed. The credit ratings agency has also downgraded the outlook for Votorantim Cimentos’ subsidiary St Marys Cement to negative from positive. |
Aumund names new MD of Brazilian subsidiary26 March 2020, Published under Cement NewsAumund has named Paulo Lima as the new managing director of its Brazilian subsidiary, based in São Paulo. Paulo Lima has already had a successful career in mechanical engineering, in particular in conveying technology, with experience in sectors such as cement, mining and minerals, according to the company. Mr Lima has also held leading sales positions at the subsidiary in São Paulo from 1996-2000 and 2004-08. |
Votorantim Cimentos to install distribution centre in Uberaba20 March 2020, Published under Cement NewsBrazil-based Votorantim Cimentos has announced plans to build a distribution centre in Uberaba, Minas Gerais, Brazil. The new centre will have storage space of 2000m2 and will serve the Uberaba region and a radius of 100km. The unit is expected to be operational in the 2H20 and provide improved and faster services for the region’s customers. |
Brazilian cement sales stable in February13 March 2020, Published under Cement NewsCement sales in Brazil remained stable at 4.1Mt in February 2020 when compared with February 2019, according to the country’s cement association, SNIC. When compared with January 2020, when sales were weak, there is a 0.5 per cent drop. Sales in the north and southeast continue to impact negatively on the country’s total as heavy rains affect construction activity. In terms of the number of working days, sales rose 7.4 per cent YoY and 5.8 per cent MoM in February 2020. "We had fewer wo... |
Masaveu doubles US exports in 201927 February 2020, Published under Cement NewsMasaveu has doubled its export shipments to the USA from its Tudela Veguín plant in Spain in 2019. The US is now the third-largest market for the cement producer, representing an export volume of 118,673t in 2019, compared to 50,061t in the previous year. The exports to the US account for 18.3 per cent of the company’s total exports. To improve its export operations the company inaugurated a new terminal in Muelle Norte, to expand its El Musel facility, at the end of 2019. It is the third ... |
Cement consumption in Brazil slips 1% in January 202026 February 2020, Published under Cement NewsCement sales in Brazil slipped 0.9 per cent YoY to 4.5Mt in January 2020, according to the country’s cement association, SNIC. Apparent cement consumption, which includes imports and domestic sales, totalled 4.5Mt, representing a 1.3 per cent decline when compared with January 2019. SNIC attributes the marginal drop to poor performance in the north, where sales contracted 4.8 per cent YoY, and the south, which saw a 3.2 per cent fall. In both cases, it blamed the heavy rains that hit the r... |
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... |