Brazil: 12-month accumulated sales up 7.6%
Preliminary data and market estimates show that domestic cement sales in Brazil for the accumulated 12 months from February 2011 to January 2012 reached 64Mt.
Brazil
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New contract from Cimento Itambé, Brazil
Cimento Itambé has awarded Aumund do Brasil and Schade Lagertechnik GmbH a contract for the rebuilding of a limestone storage facility. Apart from the refurbishment of an existi...
Votorantim Cimentos sells 30-year bonds, Brazil
Votorantim Cimentos of Brazil completed a US$500m sale in the US credit markets Thursday, according to a person familiar with the issue. The 30-year bond deal was a reopening or...
Bank of America to arrange investor meetings for Cimento Tupi, Brazil
Brazilian cement producer, Cimento Tupi has enlisted Bank of America Corp to arrange meetings with bond investors as the company looks to expand cement capacity in its thriving ...
Votorantim to use stake sale to invest in cement, mining division
Proceeds from the sale of Votorantim’s stake in steelmaker Usiminas will be used to fund expansion in its cement and mining divisions, Chief Executive Faul Calfat has said. Calf...
Brazil cement sales rise 7.3% in 2011
Brazilian cement demand has continued its upward momentum with 2011 sales advancing 7.3 per cent YoY, latest data from Sindicato Nacional da Indústria de Cimento shows. Prelimin...
Votorantim steps up performance Premium
Brazil’s market leader, Votorantim Cimentos, is embarking on a new phase of growth, which will see the company not only consolidate its local market position, but expand activit...
Brazil: project quick-build Premium
Very few places in the world are enjoying the carnival building and development spending-spree that Brazil is currently witnessing. Cement producers are already operating at ful...