Cement News tagged under: Votorantim Cimentos
Votorantim Cimentos reports decarbonisation progress04 April 2023, Published under Cement NewsVotorantim Cimentos ended 2022 with positive results in its decarbonisation journey. Globally, the company emitted 579kg of CO 2 /t of cement produced, a three per cent reduction compared to 2021. Between 1990 and 2022, Votorantim Cimentos reduced its CO 2 emissions per tonne of cement produced by 24 per cent. In 2022 Votorantim Cimentos’ thermal substitution rate through co-processing was 26.5 per cent, reflecting the increased use of alternative fuels (mainly waste and biomass) to r... |
Votorantim records strong Brazilian revenue in 2022 regional results17 March 2023, Published under Cement NewsIn 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... |
Votorantim Cimentos posts net revenue of BRL25.8bn in 202216 March 2023, Published under Cement NewsVotorantim Cimentos ended 2022 with BRL25.8bn (US$4.84bn) in global net revenue, an increase of 16 per cent compared to 2021, resulting from a stable sales volume and favourable price dynamics in all regions where it operates, which mitigated cost pressures and the impact of the exchange rate in the year. Cement sales in the countries where the company has operations totalled to 36.8Mt, one per cent less than the previous year. The company posted BRL1.1bn in net profit in 2022, 30 per cen... |
The eye of the kiln28 February 2023, Published under Cement NewsThermographic vision has improved the accuracy of kiln monitoring systems and enabled cement plants to spot potential issues early. At Votorantim Cimentos’ plant in Malaga, Spain, VisionTIR installed an RKS300 system to help the facility improve its refractory identification and reduce energy costs. By VisionTIR, Spain. The accuracy of kiln monitoring has significantly improved through the use of thermographic vision-based systems The temperature in the kiln is a key factor in c... |
Votorantim Cimentos: decarbonisation through SCMs07 February 2023, Published under Cement NewsThe use of supplementary cementitious materials (SCMs) in blended cements produced by Votorantim Cimentos has enabled the company to advance its decarbonisation journey. Blended cement from its Laranjeiras works in Brazil has proven to be the preferred choice for infrastructure projects due to the enhanced durability of concrete. By Silvia Vieira, Votorantim Cimentos, Brazil. Figure 1: contributions from different decarbonisation strategies in achieving the cement and concrete sect... |
Votorantim Cimentos announces stricter emissions target02 December 2022, Published under Cement NewsVotorantim Cimentos has revised its decarbonisation target to 475kg of CO 2 per tonne of cement by 2030. The company’s new global target is 8.7 per cent lower than the target of 520kg of CO 2 per tonne of cement previously announced as part of its 2030 Sustainability Commitments. The new Scope 1 target, which refers to CO 2 emissions generated directly by company operations, was approved by the SBTi (Science Based Target initiative) and represents a reduction of 24.8 per cent compar... |
Votorantim Cimentos achieves consolidated net revenue of BRL7.6bn in 3Q2211 November 2022, Published under Cement NewsVotorantim 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 ... |
Votorantim Cimentos completes acquisition of Heidelberg Materials assets in Spain03 November 2022, Published under Cement NewsVotorantim Cimentos announced that has completed the acquisition of all the businesses of Heidelberg Materials in the south of Spain, which includes a modern integrated cement plant located in Málaga , three aggregates quarries and 11 ready-mix plants in Andalusia region. In the last two years, Votorantim Cimentos has strengthened its presence in the Spanish cement market with the acquisition of the integrated cement plant of Cementos Balboa in Extremadura and now with the Malaga p... |
Votorantim Cimentos awards new transport contract to VLI14 July 2022, Published under Cement NewsA new contract has been signed between Votorantim Cimentos and logistics company VLI for the transportation of 625,000t of cement and petcoke. The petcoke, which is imported from the USA, will arrive in Brazil via VLI’s Inacio Barbosa Maritime Terminal. The cement cargo will be transported from Votorantim’s Laranjeiras works in Sergipe to the terminal to be transferred to other Votorantim units. |
Votorantim Cimentos' see net revenue regional rises in Brazil and North America13 May 2022, Published under Cement NewsIn Brazil Votorantim Cimentos ’ net revenue in the 1Q22 was BRL2.7bn (US$525.6m), a 21 per cent increase compared to 1Q21. Despite the instability of the local market, macroeconomic pressures and the strong basis for comparison with the same period last year, the increase in revenue was primarily due to the combination of higher sales volume and price. Adjusted EBITDA in the quarter was BRL359m, down 40 per cent compared to March 2021 due to cost pressure caused by commodity prices, l... |