Brazil: Votorantim Cimentos downgraded to BBB-
Fitch Ratings has downgraded the foreign currency Issuer Default Rating (IDR) and senior unsecured rating of Votorantim Cimentos to 'BBB-' from 'BBB'. The rating outlook remain...
Votorantim Cimentos
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Moody's downgrades Votorantim Cimentos' ratings to Ba2, outlook is negative
Moody's Investors Service downgraded Votorantim Cimentos SA's senior unsecured rated debt to Ba2 from Baa3. At the same time, Moody's withdrew Votorantim Cimentos' issuer ratin...
Weaker exports reduce clinker production at Toral de los Vados, Spain
Clinker production at Cementos Cosmos' Toral de los Vados factory in Spain declined by 10 per cent in 2015 to 600,840t. The drop in production has been mainly attributed to l...
Brazil: Votorantim Cimentos launches new portfolio of bagged cement
Votorantim Cimentos is launching in the Brazilian market the biggest innovation of its retailing cement portfolio in 83 years of history, the company said in a statement. The ...
Votorantim to invest in Spanish plant
Votorantim Cimentos will invest EUR1.7m in the Toral de los Vados cement plant of its Spanish subsidiary Cementos Cosmos. The investment will fund environmental improvements as...
Cementos Cosmos celebrates three accident-free years
Spain’s Cementos Cosmos is celebrating three years without accidents among its workers. The Córdoba works has implemented several preventative measures over this period and its...
Votorantim's Cubatão plant affected by steel closure
Following the closure of the Usiminas steel works in São Paulo, Votorantim Cimentos' Cubatão cement plant will no longer be supplied with steel slag from the Brazilian steel pr...
Votorantim Cimentos inaugurates Camaçari plant, Brazil
Votorantim Cimentos inaugurated on 5 November its new mortar plant in Camaçari, Bahia, in Brazil’s northeast region. The unit involved an investment of BRL25m (US$6.5m) and has...
Brazil: Votorantim improves co-processing rates
Votorantim Cimentos’ has invested BRL12m (US$3.14m) in a co-processing project for its Cuiabá cement plant, Mato Grosso. The facility is now able to process waste materials suc...
Votorantim studies Sobral waste fuel option, Brazil
Currently developing its second factory in Sobral, Votorantim Cimentos is studying the possibility of using solid waste as fuel in a new venture in the city. The idea was pre...