Vicat Group acquires major stake in Ciplan
France’s Vicat Group has announced the acquisition of a major stake in Brazil’s Cimento Planalto (Ciplan). The transaction represents a reserved capital increase of EUR290m for ...
Brazil
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Votorantim
Votorantim Cimentos saw its first-half turnover improve by 14.9 per cent to BRL5738m (EUR1177m/US$1428m), while the cement sales advanced by 18 per cent to BRL4191m (EUR890m). T...
Buzzi Unicem
Buzzi Unicem has signed an agreement with Grupo Ricardo Brennand to purchase a 50 per cent stake BCPAR. This will involve a capital outlay of BRL700m (EUR144m), half of which wi...
Vicat is looking at Brazil
Vicat has confirmed that it is in conversations with Ciplan, Cemento Planalto SA, which could lead to an investment in the Brazilian group. The privately-owned Ciplan was establ...
Votorantim Cimentos sees 15% rise in 1H turnover
Votorantim Cimentos saw its first-half turnover improve by 14.9 per cent in 1H18 to BRL5738m (US$1365m) when compared with 1H17. The Brazilian producer’s cement sales advanced b...
Brazil cement sales drop 2% in August
Domestic cement sales in Brazil fell 2.4 per cent YoY to 4.9Mt in August 2018, according to the country’s cement association, SNIC. In the first eight months of 2018, accumulate...
Buzzi Unicem set to acquire 50% of Grupo Ricardo Brennand
Buzzi Unicem has signed an agreement with Grupo Ricardo Brennand aimed at acquiring 50 per cent of BCPAR SA, a subsidiary of Brennand Cimentos, including two integrated cement p...
Brazil cement sales fall 3% YoY in July
Domestic cement sales in Brazil slipped 2.5 per cent to 4.589Mt in July when compared with the year-ago period when sales reached 4.709Mt, according to the country’s cement asso...
Brazil's cement sales slip 2% in 1H18
From January to June 2018, cement sales in Brazil totalled 25.4Mt, down 1.5 per cent YoY, according to preliminary data from SNIC, the country’s cement association.
Brazilian cement demand falls 20% in May
Brazil’s cement market contracted by 20.3 per cent YoY in May from 4.503Mt to 3.588Mt (excluding imports), according to the latest data published by SNIC, the country's cement a...