Cement News tagged under: Brazil
Brazil: Cimpor temporarily suspends Parana plans20 January 2016, Published under Cement NewsCimpor has temporarily suspended plans to build a plant in Parana state, Brazil, due to the economic slowdown in the country, company president Ricardo Lima said in a recent interview. Cimpor originally announced plans for the new plant in Itaiacoca district in 2011.The project was set to have an initial production capacity of about 1.2Mta, and generate approximately 1000 direct and indirect jobs. |
Brazil's 2016 cement consumption expected to fall, possible recovery next year18 January 2016, Published under Cement NewsWith Brazil expected to have registered a drop in domestic consumption last year, a double-digit reduction is expected in 2016 by local industry experts, with a slight possible pick-up anticipated for 2017. Sluggish economic activity has weighed on the cement sector and demand growth has decelerated in recent years to just 1.1 per cent in 2014. Latest figures indicate a more pronounced impact on cement demand, with consumption expected to have declined by 9.5 per cent YoY in 2015 to 64... |
Brazil sees full-year fall in sales14 January 2016, Published under Cement NewsBrazilian cement sales in 2015 declined by 9.2 per cent YoY to 64.4Mt, preliminary data and market estimates published by Sindicato Nacional da Indústria do Cimento (SNIC) reveal. Dispatches were down in all five regions, with the steepest annual declines registered in Central-West (-12.5 per cent) and Southeast (-10.9 per cent), followed by the North (-7.8 per cent), South (-6.9 per cent) and Northeast (-5.7 per cent). Imports for the period totalled 504,000t, down 38 per cent YoY, ... |
Cimpor05 January 2016, Published under Cement NewsCimpor recently made disposals to strengthen its capital base. It has raised EUR32m from the sale of 16 per cent of the equity in Yguazu Cementos in Paraguay, reducing its interest to 51 per cent. In addition, it has raised US$25.35m through selling the Guarulhos and Barueri quarries in the Brazilian state of São Paulo to Polimix Concreto Ltda. |
Brazil November sales update31 December 2015, Published under Cement NewsPreliminary industry data and market estimates published by Sindicato Nacional da Indústria do Cimento (SNIC) indicate that cement sales in the Brazilian cement market reached 4.9Mt in November 2015, down 16 per cent compared to the same month a year earlier. Imports totalled 28,000t during November 2015, a decrease of 45 per cent YoY, according to statistics from SECEX / MDIC. Accumulated sales from January to November 2015 were 59.7Mt, down nine per cent YoY. In the rolling 12 months... |
Cimpor sells quarries in Brazil30 December 2015, Published under Cement NewsPolimix Concreto, Ltda., a Brazil-based producer of cement and concrete products, has acquired the Guarulhos and Barueri quarries in Sao Paulo, Brazil from Cimpor - Cimentos de Portugal SGPS SA for BRL100m (US$25.35m). The transaction will allow Cimpor to strengthen its capital structure, increase profitability, and to focus on its strategic development. |
Supremo Cimento opens Adrianópolis plant, Brazil23 December 2015, Published under Cement NewsSupremo Cimento, part of the Secil group, on Thursday opened its 1.8Mta Adrianópolis plant in Paraná state, Brazil, local press have reported. Chief executive of Secil, Gonçalo Salazar Leite, said Brazil was expected to account for 20 per cent of the company’s turnover in the next five years. Secil plans to make Supremo cement a regional brand supplying southern Brazil and the state of São Paulo. The acquisition of the remaining stake 50 per cent stake of the Supremo group, in Jun... |
Votorantim's Cubatão plant affected by steel closure17 December 2015, Published under Cement NewsFollowing the closure of the Usiminas steel works in São Paulo, Votorantim Cimentos' Cubatão cement plant will no longer be supplied with steel slag from the Brazilian steel producer. As a result, the cement works will function as distribution centre for bagged cement, maintaining the distribution for the regional market. The reason for this change is the current Brazilian macroeconomic scenario coupled with the prospect unavailability of slag in the region. The bulk cement will be provi... |
Fitch Ratings: Latin America cement sector outlook stable, ratings negative10 December 2015, Published under Cement NewsIn its new report on the 2016 outlook for the Latin American cement sector, Fitch Ratings said the outlook for the regional cement sector is stable in 2016, however, the outlook on ratings is negative for next year. Further weakening sales volumes in Brazil are expected to be only slightly offset by stable demand growth in countries such as Colombia, Mexico, and Peru, according to Fitch Ratings. "Brazilian cement volumes will likely decline in the high single digits as lower investment a... |
Votorantim02 December 2015, Published under Cement NewsVotorantim has invested EUR3m a co-processing plant at its Cuiaba cement works in Mato Grosso, Brazil. As a result, the works will now be able to process waste materials such as oil tyres, rice straw, sawdust and industrial waste, which should allow a 65 per cent reduction in the amount of fossil fuels used. Votorantim has also been improving the environmental performance of its Nobres works (Mato Grosso), which now uses 50 per cent alternative fuels, at times rising to 65 per cent. Vo... |