Brazilian cement sales edge ahead
Brazilian cement sales during May 2013 edged ahead by 0.3 per cent YoY to 6Mt, preliminary data from the country’s Sindicato Nacional da Indústria do Cimento (SNIC) shows.
Brazil
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Votorantim Cimentos reschedules IPO, Brazil
Votorantim Cimentos SA has postponed its US$4.8bn initial public offering until later this year, after cancelling plans to launch the deal this week. On Wednesday, Brazil's larg...
Semapa to focus on Brazilian investment
Semapa, the Portuguese holding company that controls cement maker Secil, has said it is focussed on constructing a new plant in Brazil as domestic demand continues to wane. “At ...
Votorantim Cimentos unveils terms of IPO, Brazil
Brazil’s leading cement producer, Votorantim Cimentos, has announced terms of its initial public offering (IPO) to fund further expansion, acquisitions and improvements in effic...
Siemens develops new drive system for joint Gebr Pfeiffer project in Brazil
The Siemens Drive Technologies Division has developed a new drive system and will supply six drive modules as part of a joint grinding project with Gebr Pfeiffer SE for Holcim B...
Brazil cement sales rise 11.6% in April
Sales in the Brazilian market rose by 11.6 per cent YoY in April to 5.9Mt, latest data from Sindicato Nacional da Indústria do Cimento, shows. For the first four months of the y...
Votorantim Cimentos files for US$5.4bn IPO
Brazil’s leading cement producer, Votorantim Cimentos SA, filed on Wednesday with the Securities and Exchange Commission (SEC) to raise up to US$5.4bn in an initial public offer...
Brazilian first-quarter cement sales decline
Cement sales in Brazil reached 16.1Mt in the first quarter of 2013, a decline of 1.9 per cent from the same period of last year, latest data from local association SNIC shows.
Votorantim Cimentos files request for IPO of shares
Brazilian cement and concrete producer Votorantim Cimentos SA has filed a request with regulators to list its shares in the local stock exchange to finance its expansion plans.
Camargo Correa plans to raise capacity by 2016
Camargo Correa plans to invest up to BRL3bn (US$1.51bn) in the Brazilian cement sector in the next few years.