Cement News tagged under: Latin America

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Votorantim records strong Brazilian revenue in 2022 regional results

17 March 2023, Published under Cement News

In Brazil Votorantim Cimentos 2022 net revenue was BRL12.7bn (US$2.4bn), 23 per cent higher than in 2021. Positive price dynamics offset the slight drop in cement sales, mainly in the self-construction segment, which was impacted by the economic situation but also partially offset by the real estate and infrastructure sectors. Adjusted EBITDA was BRL2.4bn, up two per cent when compared with 2021. In addition to price dynamics, the growth of adjacent businesses contributed to this result an...

Holcim extends sales channels in Mexico

13 March 2023, Published under Cement News

Holcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of US$71m. With this acquisition, Holcim adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing needs to tools and adhesives all the way to electrical and plumbing supplies. The acquisition includes INDAR’s nine distribution centres around the country, as well as its fulfilment centre ...

FICEM and GCCA Seminar sets out Latin American Net Zero goal

23 February 2023, Published under Cement News

FICEM and the Global Cement & Concrete Association (GCCA) hosted an online seminar on 'Acceleration of Net Zero: cement and concrete' on 22 February 2023 to outline the progress being made in the Latin American region.     Thomas Guillot, GCCA CEO, explained that there is homework be done to adapt the GCCA's Net Zero Road Map launched in 2021 to the local regions to reach net zero for carbon emissions. This means delivering on understanding the numbers for carbon, the individual drivers i...

Votorantim opts for ABB Industry 4.0 technology

10 February 2023, Published under Cement News

Votorantim Cimentos Group  is installing Industry 4.0 in cement to optimise production and decarbonise operations. ABB has delivered advanced automation and digital technologies to the Brazilian cement producer.  Votorantim Cimentos Europe, Asia and Africa Region (VCEAA), which has the worldwide capacity to produce 55.7Mta of cement, are ramping up efforts to ensure lower emissions as governments and international organisations push for net-zero emissions by 2030. Digi...

Holcim and Geocycle accelerate green growth

03 February 2023, Published under Cement News

Geocycle and Holcim have been paving the way for using low-carbon alternative fuels to reduce carbon emissions and divert industrial by-product waste from landfill. The US and Canada, in particular, have seen major developments from recent new investment by Holcim and Geocycle. In 2022 Geocycle LLC, a wholly-owned subsidiary of Holcim (US) Inc, claims that it prevented approximately 1.7Mt of waste in the USA going to landfill. It has targeted the provision of finding sustainable solutions...

Deteriorating outlook for Latin American cement, says Fitch Ratings

21 December 2022, Published under Cement News

The outlook for the cement market in Latin America is deteriorating, according to Fitch Ratings. This is being blamed on softening demand in most markets and persistent cost inflation, which will be partially mitigated by lower energy costs. The expectation of higher interest rates and continued inflationary pressures is expected to curb disposable income, resulting in a cooling off of demand in home improvement and remodelling trends. Lower government stimulus that had allowed for a stro...

Votorantim Cimentos achieves consolidated net revenue of BRL7.6bn in 3Q22

11 November 2022, Published under Cement News

Votorantim Cimentos ended the 3Q22 with consolidated net revenue of BRL7.6bn (US$1.25bn), an increase of 19 per cent compared to the same period last year. Consolidated adjusted EBITDA in 3Q22 was BRL1.7bn, up six per cent from 3Q21 and 29 per cent higher than 2Q22. The consolidated EBITDA margin was 23 per cent, an increase of three percentage points compared to 2Q22.   The company’s global cement sales totalled 10.2Mt in the third quarter of this year, with a slight drop of one per ...

The 8th SEMTEC attracts more than 350 industry professionals

07 November 2022, Published under Cement News

The 8th SEMTEC Technical Seminar was successfully held in Belo Horizonte, Brazil, on 25-27 October 2022. More than 350 technicians of the cement and lime industry from 81 different plants in South America attended the event. A total of 44 companies sponsored SEMTEC 2022, including International Cement Review.   More than 350 delegates attended SEMTEC 2022   SEMTEC 2022 was held in Hotel Ouro Minas, Belo Horizonte, Brazil

Haver & Boecker Niagara expands Pedro Leopoldo manufacturing facility

19 October 2022, Published under Cement News

Haver & Boecker Niagara has expanded its manufacturing facility in Pedro Leopoldo, Brazil. The building expansion allows the company to produce 8000 parts per month at a rate of 320 parts per day. Additionally, the company can now move its rubber production 100 per cent in-house, allowing for an increased production capacity of its signature Ty-Dura Screen media and premium rubber liners by 60 per cent. "As Haver & Boecker Niagara’s global presence has grown, so has an interest in our inn...

Menzel Elektromotoren carries out crane motor order

07 October 2022, Published under Cement News

Menzel Elektromotoren has manufactured four crane motors with the exact electrical and mechanical interfacing positions of a make that is no longer available today for a cement project in Chile.     The new slip ring motors based on a cost-efficient motor series will drive hoists on overhead cranes in the cement plant. The motors have two shaft ends, with the drive end coupled to the gearbox, which connects to the rope drum, and a brake installed on the non-drive end.   At the custome...