Cement News tagged under: Brazil
Uruguay: Cimsa to work with Ancap on Cementos Charrúa project22 December 2016, Published under Cement NewsCompany Industrializadora de Minerales SA (CIMSA) wants to form an association with Ancap of Uruguay to receive clinker for its subsidiary Cementos Charrúa, to produce cement at the grinding unit being built in Montevideo. The product is mainly earmarked for export to Brazil. Ancap operates a kiln line in Treinta y Tres, via its subsidiary Cementos de Plata, and will supply clinker to the new Montevideo grinding unit, while Cementos Charrúa completes its kiln line at Treinta y Tres.... |
Fitch: Latin America 2017 outlook stable13 December 2016, Published under Cement NewsAccording to a new Fitch Ratings report, the 2017 Latin American cement outlook for both ratings and the sector is stable. Associate Director at Fitch Ratings, Gilberto Gonzalez: “Issuers have built significant operations in the US, which should benefit from increased public and private spending… Housing starts should increase seven per cent to 1.26m, which should provide an additional boost.” For Argentina cement consumption is forecast grow in the mid-single digits, recovering some o... |
Brazil: Arabian Cement back out of plant project13 December 2016, Published under Cement NewsArabian Cement announced yesterday that it will be postponing further steps to establish a cement grinding facility in Brazil. The adverse conditions in the Brazilian economy are anticipated to impact negatively on the investment with forecast returns below expectations. The company reported it would be entering a joint venture with Cementos Relampago in 2014. The joint venture was to build a 0.23Mta grinding unit in northwest Brazil. |
Camargo Correa in talks to sell stake in Argentinian cement assets09 December 2016, Published under Cement NewsReuters reports that an anonymous source has disclosed that Brazilian engineering firm Camargo Correa has opened talks with a view to selling a 40 per cent stake in its Argentinian cement firm, Loma Negra Cia Industrial. Camargo Correa has raised US$2.5bn this year from asset sales, and has been examining the feasibility of selling all or part of its stake in Loma Negra and Brazil’s InterCement for the past two years. Sources close to the company said that Camargo Correa had previously... |
Brazil: CSN 3Q16 revenue up 13.6% YoY17 November 2016, Published under Cement NewsBrazilian steel and cement maker Companhia Siderurgica Nacional's (CSN) 3Q16 results improved in comparison with the year-ago quarter, primarily due to higher sales volume in the mining segment. The company's net loss contracted 80 per cent YoY to BRL106.6m (US$32.9m). CSN generated net revenue of BRL4469.2m (US$1379.4m) from all its operations, increasing 13.6 per cent YoY. Approximately 47 per cent of CSN's net revenue was generated from domestic markets, while the rest was sourced... |
Brazil: Brennand Cimentos plan new 2.2Mta cement plant28 October 2016, Published under Cement NewsBrennand Cimentos, which owns National Cement, has presented to Brazil's Municipal Council for the Environment (COMDEMA) a project to build a 2.2Mta cement plant in Itaiacoca district, Conceição region of Brazil. The new plant is to be called Compania Paraná Cimentos (CPR). The project, with estimated investment of BRL700m (US$221m), has currently applied for a preliminary permit at the Environmental Institute of Paraná (IAP). According to the Cooperative Manager of Environment and ... |
Brazil: Fives completes Horomill grinding tests24 October 2016, Published under Cement NewsFollowing the start-up of kiln No 2 in the Barroso plant and the inauguration of the new line installed for Holcim Brasil SA, Fives has satisfactorily carried out performance tests on FCB Horomill ® 4400 grinding plant, implemented to produce 420tph of raw mix, according to the company's website. These 20-hour performance tests enabled LafargeHolcim to produce 438tph of raw mix with a product fineness of 11 per cent rejects at 90µm. Electrical power consumption remained limited to 10.8kWh/... |
Cimpor takes massive provisions in Brazil02 September 2016, Published under Cement NewsCimpor's first-half turnover dropped by 31.1 per cent to EUR897.3m, while EBITDA declined by 39.1 per cent to EUR170.1m. The amortisation and provision charge jumped from EUR100.6m to EUR527.9m as a result of a EUR433m good-will impairment charge relating to Brazil. This led to the trading result falling from a profit of EUR178.6m to a EUR357.7m loss and after a 9.2 per cent increase in the net financial charge to EUR182.2m there was a pretax loss of EUR539.9m against a profit of EUR11.8m. A... |
Best practice in karst mining31 August 2016, Published under Cement NewsThe high biodiversity and ecological sensitivity of karst areas presents additional challenges in terms of sustainable mining practices to cement producers as they mine for the limestone required by their production process. In a partnership with key domestic environmental conservationists, Brazil’s Votorantim Cimentos has published a guide on best practices in limestone mining in these highly-vulnerable environments. By Patricia Montenegro, Votorantim Cimentos, Brazil. The karst envi... |
Know your raw materials22 August 2016, Published under Cement NewsStackers and reclaimers play a large part in achieving the reliability that helps deliver a constant supply of homogenised raw materials to the mills. The storage solution must cope with quarry operations and logistics, as well as different raw material parameters. To ensure the reliability of stackers and reclaimers and to optimise their total costs, accurate raw materials characterisation is essential. By FLSmidth, Denmark. At Holcim Brazil's Barroso plant, the clay excavator was in... |