Cement News tagged under: Brazil
FLSmidth wins new cement orders in Brazil17 July 2013, Published under Cement NewsFLSmidth has received orders from two Brazilian cement producers, comprising a new 3300tpd line and a OK-33 vertical roller mill. The new kiln line is for Companhia De Cimento Da Paraíba's Pitimbu Plant, in Brazil’s Paraiba state. FLSmidth will supply all major equipment, engineering services, project management and commissioning of the greenfield project. FLSmidth had previous supplied Companhia De Cimento Da Paraíba's Sete Lagoas plant which is operating well above expected capacity. ... |
Cimpor starts exporting from Portugal to northern Brazil15 July 2013, Published under Cement NewsCimpor has started its first exports to northern Brazil from Portugal, according to local press reports. The first shipment of 28,000t of cement has already reached the port of Manaus, northwestern Brazil, Valor Economico reported. Camargo Correa's subsidiary InterCement, which owns Cimpor, plans to import some 70,000t of Portuguese cement this year. Apart from Brazil, Cimpor seeks to expand its exports to Algeria, Togo and Paraguay amid the shrinking sales in the domestic market. |
Brazilian cement sales edge ahead21 June 2013, Published under Cement NewsBrazilian cement sales during May 2013 edged ahead by 0.3 per cent YoY to 6Mt, preliminary data from the country’s Sindicato Nacional da Indústria do Cimento (SNIC) shows. During the January-May period, cement sales totaled 28.1Mt, a rise of 1.3 per cent compared to the 27.76Mt registered in the same period of last year. Total sales for the 12 months between June 2012 – May 2013 reached 68.7Mt, representing an increase of 2.7 per cent in the corresponding period of the previous year (... |
Votorantim Cimentos reschedules IPO, Brazil19 June 2013, Published under Cement NewsVotorantim Cimentos SA has postponed its US$4.8bn initial public offering until later this year, after cancelling plans to launch the deal this week. On Wednesday, Brazil's largest cement producer confirmed it has ditched plans to launch the IPO, but said it will bring the deal back to market later this year on 11 September 2013. A source close to the situation had previously said that controlling shareholder Votorantim Participações was unwilling to sell its stock of Votorantim Ci... |
Semapa to focus on Brazilian investment05 June 2013, Published under Cement NewsSemapa, the Portuguese holding company that controls cement maker Secil, has said it is focussed on constructing a new plant in Brazil as domestic demand continues to wane. “At this moment we are focused on building the plant in Brazil,” Paredes said. “There is a growing tendency for our cement sales from outside Portugal to increase,” Bloomberg quoted Semapa board member Jose Miguel Paredes as saying. Semapa entered the Brazilian market by acquiring a 50 per cent stake in local ceme... |
Votorantim Cimentos unveils terms of IPO, Brazil30 May 2013, Published under Cement NewsBrazil’s leading cement producer, Votorantim Cimentos, has announced terms of its initial public offering (IPO) to fund further expansion, acquisitions and improvements in efficiency. In a preliminary prospectus, the company expects to sell 400 million units, with each unit expected to price between BRL16 (US$7.80) and BRL19. Each unit consists of one common share and two preferred shares. It will also offer American depositary shares that will be listed on the New York Stock Exchange u... |
Siemens develops new drive system for joint Gebr Pfeiffer project in Brazil22 May 2013, Published under Cement NewsThe Siemens Drive Technologies Division has developed a new drive system and will supply six drive modules as part of a joint grinding project with Gebr Pfeiffer SE for Holcim Brazil. The 450tph vertical cement mill will have a power rating of 11,500kW and be operated by the Brazilian arm of Holcim, which will commission the grinding plant as part of a project to expand its Barroso works in the state of Minas Gerais. The modular and redundant drive system consists of six identical 1920... |
Brazil cement sales rise 11.6% in April14 May 2013, Published under Cement NewsSales in the Brazilian market rose by 11.6 per cent YoY in April to 5.9Mt, latest data from Sindicato Nacional da Indústria do Cimento, shows. For the first four months of the year, accumulated sales reached 22.1Mt, a marginal advance of 1.4 per cent compared to the same period of last year. Cement sales for the rolling 12 month period of May 2012-April 2013 were 68.6Mt, an increase of 3.3 per cent on the comparable period of the previous year (May 2011-April 2012). |
Votorantim Cimentos files for US$5.4bn IPO18 April 2013, Published under Cement NewsBrazil’s leading cement producer, Votorantim Cimentos SA, filed on Wednesday with the Securities and Exchange Commission (SEC) to raise up to US$5.4bn in an initial public offering of its units. Votorantim will list shares in Brazil and American depositary receipts on the New York Stock Exchange, according to a US regulatory filing yesterday, pushing the total amount of pending IPOs in Brazil to US$12.7bn. The company did not disclose the number of units it planned to sell and their expecte... |
Brazilian first-quarter cement sales decline16 April 2013, Published under Cement NewsCement sales in Brazil reached 16.1Mt in the first quarter of 2013, a decline of 1.9 per cent from the same period of last year, latest data from local association SNIC shows. The decline in sales confirms a deceleration trend compared to the quarterly expansions seen in 2012 which rose 13.7 per cent, 5.9 per cent, five per and 4.1 per cent in the 1Q-4Q12, respectively. In March 2013 alone, reached 5.5Mt, down 8.3 per cent YoY. Cumulative sales for the last 12 months (April 2012 – ... |