Votorantim sees cement revenues fall 10% YoY in 2016
Votorantim, formerly Votorantim Industrial, generated a turnover 8.7 per cent lower at BRL26,738m (EUR8046m) and EBITDA declined by some 38 per cent to around BRL4300m (EUR1,294...
Votorantim
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Brazil: Votorantim set to complete key investments abroad in 2017
Votorantim SA will complete key investment projects this year to return return to profit amid a challenging outlook, said Votorantim's CEO, João Miranda.
United States: St Marys Cement Detroit plant releases dust
Residents living near St Marys Cement’s Detroit plant have complained of releases of dust by the plant, according to reports in the local press.
Brazil: Votorantim/ArcelorMittal to combine steel businesses
ArcelorMittal Brasil SA and Votorantim SA announced the signing of a definitive agreement, which will see Votorantim's long steel businesses in Brazil, Votorantim Siderurgia, be...
The world in 2016 and outlook for 2017
This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era ...
United States: St Mary's Cement secures funding to expand North Michigan plant
St Mary's Cement, a subsidiary of Brazil's Votorantim Cimentos, has had its application for funding to expand its Charlevoix plant in north Michigan approved by the Michigan Str...
Votorantim
Votorantim, formerly Votorantim Industrial, generated a second quarter turnover 3.8 per cent lower at BRL7573m (EUR2074m) while EBITDA declined by 17.4 per cent to BRL1490m (EUR...
Peru: Votorantim to buy assets of Cementos Orotongo
Votorantim Cimentos has made an agreement with Concesur (Consorcio Cementero del Sur) to purchase the cement assets of Cementos Orotongo acquired by Votorantim in 2012 from Cimpor.
Brazil: Votorantim takes protective measures
Prompted by the unfavourable environment in Brazil and the decline in cement sales in the country, Votorantim Cimentos has adopted new measures in an attempt to maintain its com...
Votorantim
Votorantim has opened a new Brazilian cement works at Primavera, Para. The plant, which has an annual capacity of 1.2Mt, has cost BRL860m (US$258m) and should be operating at in...