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 such...
Votorantim Cimentos
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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 presen...
Brazil: Cade issues fines of US$934m
Brazil's antitrust watchdog, Cade, has ordered six cement makers named in a price-rigging case to pay a combined BRL3.1bn (US$934m) in fines within a month in a landmark decisio...
Votorantim Cimentos issues EUR500m in European bonds
Votorantim Cimentos SA announces the issuance of its Euro-denominated bond, representing the first issuance since November 2014 by a Brazilian company in the international capit...
Votorantim Cimentos preps euro trade
Brazil's leading cement producer, Votorantim Cimentos, announced a new seven-year benchmark euro trade to be priced as early as this week. The deal is expected to be leverage-ne...
Fitch reaffirms Votorantim Cimentos ratings
Fitch Ratings reaffirmed Votorantim Cimentos’ BBB rating and changed the company’s outlook from negative to stable. “Fitch’s decision took into consideration the financial disci...
Votorantim Cimentos to construct two units in Ceará, Brazil
Votorantim Cimentos is to build two new units in the northeastern Brazilian state of Ceará. The projects, which were presented by company directors on 24 March at a meeting with...
Votorantim’s volumes slightly lower but prices improve
Votorantim Industrial generated a turnover 6.9 per cent higher at BRL28,059m (€8660m) while the EBITDA rose by 31.9 per cent to BRL7105m (€2193m). Votorantim Cimentos contribute...
Brazil: alternative raw materials usage among 'best in the world'
The proportion of alternative raw materials used in Brazilian cement is one of the best in the world, country's leading cement producer reports, citing domestic construction ind...
UK: Votorantim interest in Tarmac
Votorantim is understood to be planning a bid for a package of businesses being offloaded by Holcim and Lafarge, in an effort to seal a GBP32bn mega-merger that would include Ta...