Brazil bans 50kg bags for domestic use
The Brazilian cement sector has been given a decade to phase out 50kg bags of cement and replace them with 25kg sacks following an agreement between the country’s cement produce...
Brazil
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Adverse weather and foreign currency exchange affect Titan's 1Q18
Τitan Group 1Q18 results suffered from adverse weather conditions in the US and southeastern Europe, coupled with the strengthening of the euro against the US dollar and other c...
Brazilian cement sales in April report 9% increase
Cement sales in Brazil increased 8.9 per cent to 4.352Mt in April 2018 when compared with 3.997Mt in April 2017, according to preliminary industry data published by the country’...
Cemex considering Brazil and India entry
Cemex CEO, Fernando González, said the company is considering entering two new emerging markets, Brazil and India, according to Construction LatinoAmericana.
Brazil's cement demand largely stable in February
Brazilian cement demand reached 3.872Mt in February 2018, down 0.8 per cent from 3.902Mt reported in the year-ago period, according to the latest data from the country's cement ...
Brazil sales slip in January
Brazilian cement sales were down 0.1 per cent YoY to 4.33Mt in January 2018, according to the country’s cement association, SNIC.
Cemex Latin American Holdings depressed by Colombia
Cemex Latin American Holdings saw turnover decline by 5.5 per cent to US$1315.3m and EBITDA fell by 26.7 per cent to US$310.8m, with the margin coming down from 32.2 to 25 per c...
Uruguay cement sales rise 3% in 3Q17
Uruguayan cement producers sold 203.100t of cement in 3Q17, representing a 3.4 per cent YoY. While 159,900t was sold in the domestic market, cement manufacturers shipped 43,600t...
InterCement considers listing European and African operations
Brazil-based InterCement Participações SA is considering listing its European and African operations to raise cash and reduce debt, Reuters reported.
Brazil cement market faces subdued recovery
Following three years of strong market contraction, Brazil’s cement producers may still face some months of weak demand before a pick-up in sales emerges.