The search is on for new investors in Brazil's cement sector
Brazil's cement market has been the focus of much attention in recent weeks firstly, with the completion of the CRH cement assets in the country to Companhia Nacional de Cimento...
Latin America
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INFORM forms joint venture with Chilean partner
I NFORM , an internationally-known software development and business process optimisation specialist with US regional headquarters in Atlanta, Georgia, has set up a joint ventur...
Brazilian Companhia Nacional de Cimento completes the purchase of CRH Brasil assets
The Brazilian antitrust authority, CADE, in accordance to the agreement disclosed on 26 October 2020, has confirmed Brazilian Companhia Nacional de Cimento’s (CNC) purchase of a...
Votorantim ends 2020 with net revenue of BRL16.7bn
Votorantim Cimentos ended 2020 with global net revenue of BRL16.7bn (US$2.98bn), an increase of 29 per cent compared to 2019. This result can be primarily explained by the incre...
Votorantim's regional results rise in 2020
According to the National Cement Association (SNIC) cement sales in Brazil grew 11 per cent YoY in 2020, which also boosted the recovery of prices in the local market. The growt...
Argos launches Soluciones Verdes
Argos officially launched its Green Solutions portfolio 'Soluciones Verdes' following a webinar on 17 March. The Colombian cement producer outlined how it will produce more envi...
Argos signs COP160bn ESG-linked performance loan with BBVA
BBVA and Argos (Grupo Argos) signed a long-term financing agreement through a sustainable loan in an ESG-linked format for COP160bn (US$44.8m) where the loan includes a pricing ...
Puerto Rican cement sales up 41% in January
Puerto Rican cement sales surged 41 per cent YoY to 51,164t in January 2021, according to Sin Comillas. Cement sales in the country have been rising sharply for nine months. In ...
Cachapuz Bilanciai Group wins L'Amali order
SLV Cement, Cachapuz's IT Logistics solution for the cement sector will be implemented at the Loma Negra L' Amalí cement plant. This solution has already been implemented in the...
Cemex Maceo plant has environmental licence modified
The Regional Autonomous Corporation of Antioquia has notified Cemex Colombia that the modification of the environmental licence of the Maceo plant in Antioquia has been approved...