Brazil's cement sales up 27% in April
Brazilian cement sales surged 26.5 per cent YoY to 5.3Mt in April, according to the domestic cement association, SNIC. Domestic sales Sales within Brazil saw a 25.8 per cent upt...
Brazil
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Titan Group records increased 1Q volumes in the US and Greece
Titan's 1Q21 regional results saw strong volume growth in the US, particularly in the Mid-Atlantic region, while the domestic market of Greece also had encouraging results with ...
CSN reports stable quarterly cement performance
Brazil-based cement producer CSN said 1Q21 net revenue for its cement division reached BRL277m (US$50.9m). The company said this was a “stable performance compared to the previo...
Fitch revises Votorantim Cimentos' outlook to stable
Fitch Ratings has affirmed Votorantim Cimentos SA's (VCSA) Long-Term Foreign- and Local-Currency Issuer Default Ratings at 'BBB-' and revised the rating outlook to ‘stable’ from...
The search is on for new investors in Brazil's cement sector
Brazil's cement market has been the focus of much attention in recent weeks firstly, with the completion of the CRH cement assets in the country to Companhia Nacional de Cimento...
LafargeHolcim looks to divest Brazilian assets
LafargeHolcim is reportedly exploring the sale of its Brazilian unit, which consists of 12 plants, according to people close to the matter. The company has hired Banco Itau BBA ...
Brazilian Companhia Nacional de Cimento completes the purchase of CRH Brasil assets
The Brazilian antitrust authority, CADE, in accordance to the agreement disclosed on 26 October 2020, has confirmed Brazilian Companhia Nacional de Cimento’s (CNC) purchase of a...
Brazilian cement consumption up 34% YoY in March
Brazil's cement market expanded 34.2 per cent to 5.48Mt in March 2021 when compared with March 2020, according to the country’s cement association, SNIC. Market growth was the s...
Votorantim ends 2020 with net revenue of BRL16.7bn
Votorantim Cimentos ended 2020 with global net revenue of BRL16.7bn (US$2.98bn), an increase of 29 per cent compared to 2019. This result can be primarily explained by the incre...
Votorantim's regional results rise in 2020
According to the National Cement Association (SNIC) cement sales in Brazil grew 11 per cent YoY in 2020, which also boosted the recovery of prices in the local market. The growt...