Cement News tagged under: Votorantim
United States: St Mary's Cement secures funding to expand North Michigan plant29 September 2016, Published under Cement NewsSt Mary's Cement, a subsidiary of Brazil's Votorantim Cimentos, has had its application for funding to expand its Charlevoix plant in north Michigan approved by the Michigan Strategic Fund (MSF), according to local news reports. The approval means that the company can access US$150m from the MSF to finance the project to increase capacity at the plant from 1.4Mta to 2Mta. In a statement, Stephen Gallagher, vice president of St Mary Cement Human Resources, said: “St Mary Cement is thril... |
Votorantim02 September 2016, Published under Cement NewsVotorantim, formerly Votorantim Industrial, generated a second quarter turnover 3.8 per cent lower at BRL7573m (EUR2074m) while EBITDA declined by 17.4 per cent to BRL1490m (EUR408m). The first half generated a turnover of BRL14291m and EBITDA amounted to BRL2335m, a 27.4 per cent reduction. Votorantim Cimentos contributed 46 per cent of the turnover compared with 44.8 per cent a year earlier and all of EBITDA in the quarter compared with 49.6 per cent a year prior. Net debt declined by 4... |
Peru: Votorantim to buy assets of Cementos Orotongo22 August 2016, Published under Cement NewsVotorantim Cimentos has made an agreement with Concesur (Consorcio Cementero del Sur) to purchase the cement assets of Cementos Orotongo acquired by Votorantim in 2012 from Cimpor. The deal is worth US$4m and includes a project to set up a US$125m cement plant at La Joya with a capacity for 650,000tpa of cement and 1500tpd of clinker. This plant project was originally planned in 2011. Votorantim is also setting up a cement plant at Pachacamac, southern Lima, in alliance in Cementos Bio B... |
Brazil: Votorantim takes protective measures06 July 2016, Published under Cement NewsPrompted by the unfavourable environment in Brazil and the decline in cement sales in the country, Votorantim Cimentos has adopted new measures in an attempt to maintain its competitiveness. The company will focus on innovation, productivity and performance in strategic markets in the second half of 2016. According to the National Cement Industry Union (SNIC), cement sales fell 13.9 per cent in the domestic market between January and May 2016 compared with the same period last year. In ad... |
Votorantim04 July 2016, Published under Cement NewsVotorantim has opened a new Brazilian cement works at Primavera, Para. The plant, which has an annual capacity of 1.2Mt, has cost BRL860m (US$258m) and should be operating at in excess of 50 per cent of capacity by the year-end. Since 2007, Votorantim has increased its global capacity by 94 per cent. |
Brazil’s balancing act22 June 2016, Published under Cement NewsBrazil is home to one of the world’s leading cement industries with one of the most modern production bases. A slump in domestic demand, however, coupled with a lack of infrastructure investment, means it will be some time before cement demand climbs back to the levels seen in 2013-14. Some producers hope to fill the supply gap between falling domestic demand and rising output with the promise of export riches. By Marcel Tau Cerneiro, LAFIS, Brazil & ICR Research, UK. Votorantim Cime... |
Brazil: Sobradinho plant starts tyre collection point14 June 2016, Published under Cement NewsVotorantim Cimentos has set up a collecting point for used tyres from local rubber shops on its Sobradinho cement plant, reports Max Press Net. The company is using shredded tyres and biomass as alternative fuels to feed its cement kilns. The Sobradinho works uses up to 1800 car tyres and 750 truck tyres per day at its site, the equivalent to 36tpd. It already has the capacity to use up to 130tpd, but it still waiting for licensing to expand the volume used. The plant also uses 85tpd of... |
Votorantim selects Loesche VRM for Turkish project17 February 2016, Published under Cement NewsTianjin Cement Industry Design & Research Institute (TCIDRI) has placed an order for a Loesche LM 48.4 vertical roller mill (VRM) for the 'Sivas 2 RM' project by Votorantim Cimento Sanayi ve Ticaret AS in Turkey. The mill for the grinding of raw material will be designed with a capacity of 420tph and the material ground to a fineness of 14 per cent R90µm. The gearbox has a power output of 2860kW. Also included in the scope of supply is engineering for the cyclone separators. The lead time ... |
St Marys Cement modernises kiln22 December 2015, Published under Cement NewsVotorantim-owned St Marys Cement is proposing a US$130m kiln modernisation project at its Charlevoix, Michigan, USA, plant. The project will lead to lower emissions, improved efficiency and increased production. The expansion will see capacity increase from 1.4Mta to 2Mta. At present the cement producer is working through the permitting process, but it expects the upgraded pyroprocessing section to start up in 2Q2017. “In April of 2017, we plan on starting up this new modernised kiln sys... |
Votorantim announces 2015-18 investment plan03 April 2015, Published under Cement NewsVotorantim Cimentos announces a new investment package which will see BRL5bn (US$1.6bn) invested in five new factories in Brazil, one in Turkey and one in Bolivia, as well as in the expansion and modernisation of existing units in the 2015-18 period. The announcement comes after the company's 2007-14 BRL10bn investment plan through which the company expanded its global production capacity by 51 per cent. In Brazil, the priority is to increase production in the central-north and northeast ... |