Brazilian cement market expands 2% in June
Cement sales in Brazil increased by 2.4 per cent to 5.372Mt in June 2024 from 5.248Mt in June 2023, according to the country's cement association, SNIC. Per working day, cement ...
Brazil
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Votorantim Cimentos Spain appoints new sustainability director
Votorantim Cimentos España has appointed Carmen Boulet as its new director for sustainability, strategy and new business, reporting directly to CEO, Alan Svaiter. An industrial ...
Heavy rains and floods impact Brazil's cement demand in May
Adverse weather conditions and flooding in Rio Grande do Sul have impacted Brazil's cement dispatches in May 2024, reports the country's cement association, SNIC. Domestic sales...
Brazil's cement market expands 12% in April
Cement dispatches in Brazil increased 12.3 per cent YoY to 5.142Mt in April 2024 from 4.577Mt in April 2023. Dispatches advanced 5.7 per cent MoM from 4.865Mt in March 2024, whe...
Buzzi to increase stake in Cement Nacional to 100%
Italy-based Buzzi SpA said it will increase its stake in Brazilian cement producer Cimento Nacional (NCPAR) to 100 per cent from the current 50 per cent as its joint venture par...
Votorantim Cimentos improves 1Q margins
Votorantim Cimentos ended the 1Q24 with better margins due to higher sales volume and lower costs. The company’s global cement sales totalled 8.1Mt, up one per cent YoY compared...
InterCement reaches debenture holder agreement
InterCement Participaçoes SA has reached an agreement with its debentures holders to defer payments due under the series of Brazilian law-governed debentures issued by the compa...
InterCement signs exclusivity agreement with CSN
Following its market announcement of 23 February 2024, InterCement Participações SA announced that in the context of the competitive process, organised by Banco BTG Pactual, it ...
Votorantim Cimentos opens new waste treatment unit in Itaperuçu
Brazil-based Votorantim Cimentos inaugurated its first Brazilian unit dedicated to the operations of Verdera, its sustainable waste management and disposal arms and Viter, an ag...
Votorantim prices St Marys Cement Inc debt security notes for environmental performance
Votorantim Cimentos SA has informed the general market that it has priced an offering in the international market of debt securities issued by its subsidiary St Marys Cement Inc...