Votorantim Cimentos posts BRL1bn net profit in 3Q24
Votorantim Cimentos reports it completed its 3Q24 results with a net profit of BRL1bn (US$17.3m), a 24 per cent increase compared to BRL824m in the same period last year, primar...
Brazil
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Buzzi reports 6.4% decline in cement sales for 9M24
Buzzi SpA has announced that cement and clinker sales of the group, in the first nine months of 2024, declined to 18.8Mt (2023: 20.1Mt), a drop of 6.4 per cent. Ready-mix concre...
Sinoma Overseas Brazil Co joins Rede Transformar initiative
Sinoma Overseas Brazil Co is the newest member of Rede Transformar, joining 15 other companies that are currently participating in the initiative called Rede Transformar. By bec...
PMI Montagens Industries win gas circuit order at Votorantim plant
PMI Montagens Industries will start the electromechanical Assembly project for the modernisation of the gas circuit (3V) of the R3 Mill at Votorantim Cimentos’ Itáú de Minas pla...
Buzzi SpA acquires 100% control of Cimento Nacional
The acquisition of Cimento Nacional in Brazil has been completed. Buzzi SpA has completed the acquisition from Grupo Ricardo Brennand of a 50 per cent stake in Cimento Nacional ...
CSN looks to buy InterCement's Loma Negra
InterCement Participações , the indirect controlling shareholder of the cement producer Loma Negra in Argentina, agreed to a new exclusivity period in favour of Companhia Siderú...
InterCement Participações SA files restructuring plan to Brazilian courts
InterCement Participações SA (InterCement) has submitted a restructuring plan together with its subsidiaries, InterCement Brasil SA, InterCement Financial Operations BV, IntercC...
Sinoma Overseas to build Votorantim Z02 grinding plant
Sinoma Overseas has secured an engineering and supply contract for the Z02 cement grinding station project in Edealina Brazil, along with a technical cooperation framework agree...
Domestic cement sales in Brazil increased 4% in August 2024
Domestic cement sales in Brazil increased by 3.5 per cent YoY to 6.175Mt in August 2024 from 5.968Mt in August 2023, reports the country's cement association, SNIC. Sales volume...
Votorantim invests US$12m in Oural solid fuel plant
Votorantim Cementos España (VCE) plans to build a US$12m solid recovered fuel (SRF) facility in its integrated plant in Oural , Spain, according to the newspaper El Progreso. Th...