Votorantim Cimentos reports BRL22m net profits in 1Q21
Votorantim Cimentos ended the 1Q21 with net profit of BRL227m (US$42.8m), reversing the BRL380m loss posted in the 1Q20. The company's global net revenue in the first ...
Votorantim Cimentos
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Fitch revises Votorantim Cimentos' outlook to stable
Fitch Ratings has affirmed Votorantim Cimentos SA's (VCSA) Long-Term Foreign- and Local-Currency Issuer Default Ratings at 'BBB-' and revised the rating outlook to ‘stable’ fro...
Cementos Cosmos invests EUR4.4m in PV plant
Cementos Cosmos, part of Votorantim Cimentos, plans to install a 6.2MW photovoltaic facility at its plant in Toral de Vados, Spain. The facility will consist of 14,028 solar pa...
Cementos Artigas to shift grinding to Minas plant
Cementos Artigas, the joint venture of Cementos Molins and Votorantim Cimentos, has commenced a US$40m project to unify its cement production in Uruguay. The project will int...
Votorantim Cimentos awards Aumund pan conveyor contract
Brazil-based Votorantim Cimentos has awarded Aumund the contract for the replacement of a pan conveyor at its Xambioá plant in Tocantins, Brazil. The new Aumund Bucket Apron ...
Votorantim Cimentos 2Q20 cement sales edge up
Votorantim Cimentos released its results for the 2Q20, announcing that the company’s cement sales volumes reached 7.5Mt, up 0.3 per cent on the 7.4Mt sold in the 2Q19. Net reve...
A new destination for waste
To support its drive to become part of a circular economy, Votorantim Cimentos has created Verdera, a nationwide provider of waste management services. The company enables the ...
Slowly back on track in Brazil?
Following a four-year downturn, Brazil’s cement sector was in recovery mode in 2019. However, after a slow start to the year due to inclement weather, the coronavirus pandemic ...
Votorantim Cimentos sees net revenue up 9% in 1Q20
Votorantim Cimentos' financial statement for the period ended 31 March 2020 reported net revenue up nine per cent to BRL2747m (US$494.6m) from BRL2524m in the 1Q19, while adjus...
Moody's changes outlook for Votorantim Cimentos
The outlook for Brazil’s Votorantim Cimentos has been downgraded from positive to negative by Moody’s Investors Service. However, the Ba1 rating for the company has been affirm...