Votorantim Cimentos reports BRL470m net profit in 2Q23
Votorantim Cimentos ended the 2Q23 with BRL470m net profit, a 28 per cent increase compared to BRL366m (US$74.68m) in the same period last year. The company’s global net revenue...
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Votorantim to receive US$150m loan for Salto plant
The International Finance Corp (IFC) has proposed a US$150m investment 'A Loan' to Votorantim Cimentos SA for a capex project to enhance the cement co-processing capacity of Sal...
Itacamba appoints new general manager
Votorantim Cimentos -owned Itacamba Cemento SA has appointed Marcelo Morales as its new general manager with effect from 1 January 2023. Mr Morales previously served for seven y...
Votorantim to invest in energy efficiency at Toral de los Vados plant
In line with Votorantim ’s Sustainability 2030 commitments, the company is investing EUR15m to improve the energy efficiency of the Toral de los Vados factory in Spain. With thi...
Votorantim Cimentos achieves consolidated net revenue of BRL7.6bn in 3Q22
Votorantim Cimentos ended the 3Q22 with consolidated net revenue of BRL7.6bn (US$1.25bn), an increase of 19 per cent compared to the same period last year. Consolidated adjusted...
Votorantim Cimentos Maroc signs JV for industrial waste pre-treatment platform
Votorantim Cimentos Maroc and Veolia Group have signed a joint venture shareholding agreement for the implementation of an industrial waste pre-treatment platform. This action i...
Votorantim Cimentos earns revenues of BRL4.9bn in the 1Q22
Votorantim Cimentos ended the 1Q22 with consolidated net revenue of BRL4.9bn (US$953.1m), an increase of 22 per cent compared to the same period last year. This was primarily du...
Ersel Heavy Machinery completes Sivas Cement order
Ersel Heavy Machinery Inc recently completed its final delivery of 2021 to Votorantim’s Sivas cement plant in Turkey. The equipment order was for a new ball mill measuring 2.8m ...
HeidelbergCement sells southern Spanish assets to Votorantim
After having announced to sell regional businesses in Catalonia, Madrid, Asturias and on the Balearic Islands, HeidelbergCement now signed a contract to sell its southern Spain ...
Votorantim Cimentos sees net income rise by 57 per cent in 3Q21
Votorantim Cimentos posted net income of BRL1.1bn (US$200.5m) in the 3Q21, an increase of 57 per cent over the same period last year. The company had global net revenue of BRL6....