Votorantim prepares IPO for next year - report
Brazil’s largest cement producer Votorantim Cimentos is preparing an initial public equity offering (IPO) of at least US$3bn, according to a report by Bloomberg citing three sou...
Brazil
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Malvern Instruments opens new applications laboratory in São Paulo, Brazil
Malvern Instruments has opened a new applications and demonstration laboratory in Brazil. Located at the São Paulo facility of Malvern’s parent company Spectris, the new laborat...
CPX Mineração to invest in Bahía cement plant, Brazil
CPX Mineração and Bahía state government have signed a letter of intent to produce cement in the Brazilian state, according to local media.
Brazil Jan-November cement demand rises 7.6%
Cement consumption in Brazil for the January-November 2012 period reached 63.2Mt, 7.6 per cent ahead of the same period of last year,latest data from Sindicato Nacional da Indús...
Cimpor
Cimpor's turnover came off by 1.6% to €1,170.6m in the first nine months, and the EBITDA eased by 0.9% to €355.4m, while the trading profit (EBIT) declined by 1.2% to €247.3m.
Lafarge to build new Rio de Janiero works, Brazil
Lafarge announced on Thursday that it is to construct a second cement plant in Rio de Janeiro to better serve expected increases in demand fuelled by the 2014 World Cup and 2016...
Brazil October sales rise 9.8 per cent YoY
Brazilian cement sales in October 2012 reached 6.2Mt, representing a 9.8 per cent rise compared to the same month of the previous year, data from the Sindicato Nacional da Indús...
CSN plans to invest in new capacity, Brazil
Brazilian steel major Companhia Siderúrgica Nacional (CSN) plans to invest BRL1bn (US$491m) to set up four cement facilities in the state of Minas Gerais which would increase th...
Walter Schalka to step down as Votorantim Cimentos CEO, Brazil
Walter Schalka has resigned his position as CEO of Brazilian market leader Votorantim Cimentos after seven years at the helm. Mr Schalka will leave step down at the end of Novem...
Brazilian cement sales rise 3.2% in September
Preliminary estimates show that Brazilian cement consumption reached 5.7Mt in September 2012, a 3.2 per cent increase on the same month of last year.