Fitch downgrades Cemento Tupi's ratings
Fitch Ratings has downgraded Cimento Tupi SA's (Tupi) ratings as follows: foreign currency Issuer Default Rating (IDR) to 'CCC' from 'B-'; Local currency IDR to 'CCC' from 'B-';...
Brazil
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Votorantim’s volumes slightly lower but prices improve
Votorantim Industrial generated a turnover 6.9 per cent higher at BRL28,059m (€8660m) while the EBITDA rose by 31.9 per cent to BRL7105m (€2193m). Votorantim Cimentos contribute...
Cimpor sales rise 6% in 2014
Cimpor’s turnover eased by 0.8 per cent in 2014 to EUR2603.7m while the EBITDA declined by 6.7 per cent to EUR645.6m.
Brazil: alternative raw materials usage among 'best in the world'
The proportion of alternative raw materials used in Brazilian cement is one of the best in the world, country's leading cement producer reports, citing domestic construction ind...
Lafarge
Lafarge is negotiating with CRH to sell of its assets in Germany and certain assets in the United Kingdom, the Philippines, Brazil and Réunion.
UltraTech to not bid for Lafarge/Holcim assets
UltraTech has pulled out of the race to buy cement assets up for sale as Lafarge and Holcim’s proposed merger, the Indian cement major confirmed to local press. An UltraTech spo...
Cementos Argos
Cementos Argos has pulled out of the running for any Brazilian assets being sold off following the Lafarge/Holcim merger. According to Cementos Argos, any potential purchase wou...
UltraTech re-evaluating Brazil asset bid
Indian cement major UltraTech Cement is reportedly re-evaluating its decision to bid for the Brazilian assets put on the block by Holcim and Lafarge ahead of their planned merger.
Argos to not bid for Lafarge/Holcim Brazilian assets
Cementos Argos has decided not to not bid for the Brazilian assets that Lafarge and Holcim have put up for sale ahead of their planned merger.
NOx reduction at Vidal Ramos
To lower NOx emissions Votorantim Cimentos decided to install SNCR equipment as well as implement alternative fuels (AF) use at its Vidal Ramos plant, Brazil. This required the ...