Votorantim Cimentos sees gains in Brazil, USA
Votorantim Cimentos’ turnover was nine per cent higher at BRL9800m (US$4.85bn) in 2012 and the EBITDA improved by around 11 per cent to BRL3200m.
Brazil
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Fitch Ratings affirms Cimentos Tupi's rating, Brazil
Fitch Ratings has affirmed Brazilian cement producer's Cimentos Tupi's 'B' ratings but has warned that a ratings downgrade could result from delays in the inauguration of the it...
Cimpor: restructured for growth
Following the restructuring of Cimpor and asset swaps with InterCement Austria Holding, the Portuguese cement major is looking forward to an increased footprint in Latin America...
Brazil February cement sales edge ahead
Cement sales in the Brazilian cement market in February 2013 reached 5.1Mt, up 2.2 per cent on the same month of last year, according to data released by Sindicato Nacional da I...
Brazil: January sales rise 5.9% YoY
Latest data on the Brazilian cement market shows that cement consumption increased by 5.9 per cent in January 2013 to 5.6Mt.
Cimpor and InterCement announce Brazil asset merger
Cimpor’s board of directors has approved the merger of two of its subsidiaries in Brazil, namely Cimpor Cimentos do Brasil and InterCement Brasil, Cimpor announced. Both compani...
Latin America market movements
Three major Latin American countries, Brazil, Peru and Argentina, released full-year consumption figures for 2012 this week with two showing YoY gains while demand in the third ...
Lafarge to invest BRL1bn in Brazil over next five years
Lafarge is to invest BRL1bn (US$500m) in Brazil in the five years to 2018, according to the group’s chairman and chief executive Bruno Lafont.
Brazil's domestic dispatches rise 6.9% YoY
Preliminary data and market estimates indicate that in 2012, total sales by Brazilian producers to the local market reached 68.3Mta,
Votorantim
During the first nine months of 2012, Votorantim sold 3.4 per cent more cement in Brazil, which accounted for 89.4 per cent of the group cement volume as it was at the time, or ...