Cement News tagged under: Brazil
Votorantim Cimentos earns revenues of BRL4.9bn in the 1Q2212 May 2022, Published under Cement NewsVotorantim Cimentos ended the 1Q22 with consolidated net revenue of BRL4.9bn (US$953.1m), an increase of 22 per cent compared to the same period last year. This was primarily due to favourable price dynamics in Brazil, North America, Europe, Asia and Africa, in addition to the positive effect of new sales volumes resulting from acquisitions made by the company during 2021. In the first quarter, the company’s global cement sales totalled 8Mt, a growth of five per cent compared to 1Q21, d... |
Brazilian cement sales down 3% in April11 May 2022, Published under Cement NewsCement sales in Brazil slipped 2.8 per cent in April 2022 to 5.138Mt from 5.288Mt in April 2021, according to the national cement association, SNIC. The association attributed the drop in sales to geopolitical instability as well as internal factors such as record household debt, high interest rates and the highest inflation recorded in 27 years. However, there are positive trends to be seen. Brazil’s unemployment rate is stabilising at 11 per cent, according to IBGE, Brazil’s statistics... |
ISA Engenharia completes Votorantim project04 May 2022, Published under Cement NewsBrazil-based ISA Engenharia, a specialist in automation solutions, has recently completed a project with Votorantim Cimentos to replace the gas analyser on Line 2 at Votorantim’s Sobral facility, Brazil. The new gas analyser was supplied by FLSmidth. Line 2 operates with a PlantPAx distributed control system from Rockwell Automation, which is designed to help cement producers make better, faster process control decisions. |
MDG Handling Solutions wins Ciplan alternative fuel handling order28 April 2022, Published under Cement NewsMDG Handling Solutions has been awarded the design, manufacture and testing of the complete new mechanical handling system for RDF alternative fuel system for the group Ciplan in Brazil. The project consist of a specially-tailored apron weighing conveyor and a huge main apron feeder as a collector. The assembly and testing of the weighing conveyor in underway at the company’s Italian workshop. |
Brazil cement sales stable in March12 April 2022, Published under Cement NewsCement sales in Brazil remained stable at 5.5Mt in March 2022 when compared with March 2021, according to the country’s cement association, SNIC. When compared with February 2022, sales increased 14.6 per cent. "Sales in January this year were 8.2 per cent below January of last year. With the rains, it was not possible to distribute anything. Since then, we are recovering, month by month, the cement sales volume", says Paulo Camillo Penna, SNIC president. Sales were also impacted by the ris... |
CADE gives initial approval of CSN acquisition of LafargeHolcim's Brazil operations06 April 2022, Published under Cement NewsTechnical staff at Brazil's antitrust watchdog CADE have approved the acquisition of LafargeHolcim 's local business by steelmaker Companhia Siderúrgica Nacional (CSN) with no restrictions. The move represents an initial approval as the deal could still be blocked by CADE's board of directors, which is required to analyse the transaction before giving the final green light, reports Nasdaq. Until then, both companies will remain operating independently, CSN said in a securities ... |
Votorantim Cimentos' regional results in 2021 reach almost record levels04 April 2022, Published under Cement NewsVotorantim Cimentos reported close to record growth in all regions for its performance in 2021 with total cement sales of 37.2Mt across all regions. “Our business strategy and recent acquisitions, combined with our resilience and operational excellence led us to achieve sales growth in all regions and to close the year with record results,” said Marcelo Castelli, global CEO of Votorantim Cimentos. In Brazil Votorantim Cimentos had net revenue of BRL10.3bn (US$2.1bn) in 2021, a ... |
Votorantim Cimentos reports net profits of BRL1.6bn in 202101 April 2022, Published under Cement NewsVotorantim Cimentos ended 2021 with net profit of BRL1.6bn (US$337m), an increase of 244 per cent compared to 2020, primarily due to better operating results with growth in sales in all regions where the company operates and gains related to the consolidation of acquisitions made in North America and Spain. Global net revenue was BRL22.3bn, an increase of 33 per cent compared to 2020, as a result of the combination of favourable pricing dynamics, especially in Brazil and North America, ... |
Buzzi Unicem records strong growth in Italy in 202128 March 2022, Published under Cement NewsBuzzi Unicem has announced its consolidated financial results of 2021 which saw cement and clinker sales rise by 6.7 per cent to 31.2Mt from 29.25Mt in 2020. EBITDA reached EUR795m and EBIT stood at EUR546m, an improvement of about four per cent at constant exchange rates. Group ready-mix sales totalled 12.141Mm 3 in 2021, up from 11.743Mm 3 in 2020, a rise of 3.4 per cent. Net sales totalled EUR3.446m, up 6.9 per cent from EUR3.222m in 2020. Consolidated net profit reached EU... |
InterCement records total cement and clinker volumes of 20.1Mt in 202121 March 2022, Published under Cement NewsInterCement ’s total cement and clinker volume reached 20.1Mt in 2021, an increase of six per cent in comparison to 2020, while in 4Q21 volumes were at solid 5.1Mt, stable when compared to 4Q20. In Argentina cement industry remained on a strong pace during the quarter, with Loma Negra volumes up four per cent YoY. Brazilian volumes, although declining by 3.7 per cent YoY, remained on a healthy level, backed by solid demand as result of strong backlog from housing sector and posit... |