Buzzi SpA's 2023 regional results see cement sales climb in Italy
Buzzi SpA reported domestic hydraulic binders and clinker sales in Italy up 2.1 per cent in 2023, while the ready-mix concrete output slightly declined 1.4 per cent. The average...
Brazil
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Votorantim Cimentos announces a 123% increase in net profit in 2023
Votorantim Cimentos has reported a 123 per cent growth in net profit in 2023 to BRL2.6bn (US$522.7m), from BRL1.2bn in 2022. The company’s consolidated global net revenue was BR...
Cement sales in Brazil up 4% in February
The Brazilian cement market expanded by 4.2 per cent YoY to 4.615Mt in February 2024 from 4.429Mt in February 2023, reports the country’s cement association, SNIC. Looking at sa...
A more concise InterCement Participaçoes
The last year has seen InterCement Participacoes (Mover) work hard to divest parts of its cement business to lower its debt. It is now being courted by several leading cement pr...
Companies circle for InterCement's assets
Companhia Siderúrgica Nacional (CSN) and a consortium led by Votorantim Cimentos , including Polimix and Buzzi, have made binding proposals for the purchase of the assets in Bra...
Brazilian cement sales start 2024 with a 2% drop
Cement sales in the Brazilian market saw 2.1 per cent YoY drop to 4.766Mt in January 2024 when compared with 4.868Mt in January 2023, according to SNIC, the country's cement ass...
Votorantim Cimentos earns CDP recognition for sustainability transparency
Votorantim Cimentos was recognised for its leadership in corporate transparency and climate change performance by CDP. Based on data reported through the CDP Climate Change 2023...
Votorantim Cimentos to invest BRL5bn until 2028
Votorantim Cimentos announced BRL5bn (US$1bn) in investments, which BRL1.5bn (US$300m) are already in place, to expand the company's cement capacity by 10 per cent in the next f...
Votorantim and Atlas Renewable energy sign 100MW solar agreement
Atlas Renewable Energy, an international leader in providing renewable energy solutions for corporations, and Votorantim Cimentos have signed a Power Purchase Agreement (PPA) to...
Brazilian cement market sees contraction in 2022
In December 2023 cement sales in Brazil edged up by 0.8 per cent YoY to 4.497Mt from 4.463Mt in December 2022, according to the Brazilian cement association, SNIC. Growth was le...