Vicat closes acquisition of Ciplan
Vicat Group has announced the closure of its Ciplan acquisition and now holds a 64.7 per cent stake in the company. The deal was structured through a reserved capital increase o...
Brazil
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Brazil cement sales slip 1.2% in 2018, growth return in 2019
Cement sales in the Brazilian market remained largely stable at 3.964Mt in December 2018 from 3.97Mt in December 2017, according to the latest data from the country’s cement ass...
Brazil’s cement sales up 2% in November
Cement sales in the Brazilian market between January and November 2018 totalled 48.7Mt, representing a 1.2 per cent fall YoY, according to the National Union of the Cement Indus...
Votorantim appoints new global CEO
Marcelo Castelli has been appointed Votorantim Cimentos' new global CEO starting on 1 February 2019. He succeeds Walter Dissinger, who led the company for more than five years a...
Achieving AF and NOx goals Premium
With reducing fuel costs and sustainability in mind, Brazilian producer Cimento Nacional is persistently striving to implement innovative methods to increase alternative fuels (...
Brazilian cement market sees 2% slip in 10M18
Cement sales in Brazil by domestic producers totalled 44.2Mt in the first 10 months of 2018, and were down 1.5 per cent YoY, according to SNIC, the country’s cement association....
Uruguayan 3Q domestic cement sales up 14%
Cement sales in Uruguay increased 14 per cent YoY to 181,000t in the July-September quarter, according to a report by the country’s Chamber of Industries. However, exports fell ...
Vicat
Vicat is taking a majority stake of around 65 per cent in the Brazilian cement producer Cimento Planalto through a EUR290m capital increase. Cimento Planalto operates a 3.2Mta c...
InterCement sells Portugal operations in further deleveraging
To help reduce its indebtness, InterCement is leaving the European market. Controlled by Mover Participações (current holding company of the Camargo Corrêa group), the company a...
Brazil 9M cement demand slips
Brazil’s cement producers sold 4.564Mt of cement to domestic customers in September 2018, down 5.6 per cent when compared to the 4.835Mt sold in the year-ago period, according t...