Brazilian cement sales slip 1% in November
Cement sales in Brazil slipped 1.3 per cent to 5.25Mt in November 2023 from 5.318Mt in November 2022, according to the Brazilian cement association, SNIC. The southeast, the cou...
Brazil
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Brazil's cement market contracts 2% in October
Cement sales in Brazil declined by 2.1 per cent to 5.257Mt in October 2023 when compared with October 2022, when sales reached 5.368Mt, according to the Brazilian cement associa...
Votorantim Cimentos posts 36% profit growth in 3Q23
Votorantim Cimentos has posted revenue of BRL7.4bn (US$1.51bn) in the third quarter of 2023, down three per cent compared to the same period a year earlier. The decline has been...
Titan announces 14% sales rise in 9M23
Titan 's group sales in the 9M23 increased by 14 per cent to EUR1892m YtD driven by increased volumes in all its regions and by solid pricing levels. Group EBITDA reached EUR397...
Brazilian cement market contracts 2% in 9M23
Cement sales in Brazil declined by 4.6 per cent YoY to 5.222Mt in September 2023 from 5.476Mt, according to the Brazilian cement association, SNIC. High basic interest rates of ...
Brazilian cement sales up 2% in August
Cement sales in Brazil increased by 1.8 per cent YoY to 5.973Mt in August 2023 from 5.867Mt in August 2022, according to the national cement association, SNIC. The recovery of t...
Brazil’s way ahead Premium
Despite Brazil’s strong economic performance in 2022, the outlook for 2023 is less optimistic. To reduce economic uncertainty and boost cement demand, the government is being ur...
Diego Lugano and Hipermix in Brazil JV
Diego Lugano, a former footballer for Uruguay’s national team, is entering the cement business in Brazil in a joint venture (JV) with local company Hipermix. The JV has inaugura...
InterCement continues to downsize as it wrestles with debt
InterCement Participacoes SA (ICP), based in Sao Paulo, Brazil, continues to off-load assets as it attempts to manage a debt pile accumulated over a decade ago when the company ...
Votorantim Cimentos’ green credentials Premium
As part of Votorantim Cimentos’ decarbonisation strategy, the company has become a pioneer in the promotion of Brazil’s first Environmental Product Declarations (EPDs) for cemen...