Time for a Brazilian adventure? Premium
Following the entry of Titan Cement into Brazil in 2016, fellow multinational cement producers Vicat and Buzzi Unicem have recently stepped into the local cement market despite ...
Brazil
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Can Titan expect a better 2019?
This week Titan Group announced its first-quarter 2019 results which saw a 12.5 per cent rise in turnover but also a EUR6.2m loss appearing on the company’s profit and loss acco...
Titan reports 13% advance in 1Q turnover but EUR6.2m net loss
Greece-based Titan Group reported a 12.5 per cent rise YoY in consolidated turnover to EUR362.7m in the first quarter of 2019 ended 31 March 2019. The company attributed the hig...
Brazil's cement sales record slight rise in April
Cement sales in Brazil increased by 0.9 per cent in the first four months of this year to 17Mt, according to preliminary figures from industry association SNIC. During the perio...
Brazilian cement demand edges up 1% in 1Q19
Brazil’s cement sales increased 1.3 per cent YoY to 12.7Mt in the 1Q19, according to preliminary data from the country’s cement association, SNIC. The modest rise in demand has ...
Votorantim on course to diversify and make new investments
Votorantim SA's CEO, João Miranda, says the company is preparing to further diversify its portfolio after reaching its leverage ratio goal in 2018. The group is seeking investme...
Metso Brazil starts celebrating its centenary
The Brazilian Metso operation (Metso Brazil) is celebrating this June the historic mark of 100 years of activities in the country. The company is conducting a series of events t...
SNIC reports rise in February sales but warns of uncertainty
Cement sales in Brazil increased by 6.4 per cent YoY to 4.1Mt in February 2019, according to the country's cement association, SNIC. According to SNIC President, Paulo Camillo P...
Brazil cement market expands 4% in January 2019
Domestic cement sales in Brazil totalled 4.5Mt in January 2019, according to the National Union of the Cement Industry (SNIC). When compared with January 2018, the latest data r...
Vicat
Vicat subsidiary Sinai Cement is to invest up to a further EUR30m to meet the increasing demand for the company’s products. In Brazil Vicat has completed the purchase of a 64.74...