Cement News tagged under: Brazil
BCPAR joint venture buys CRH's Brazilian assets27 October 2020, Published under Cement NewsCompanhia Nacional de Cimento (CNC), a wholly-owned subsidiary of BCPAR SA, company in which Buzzi Unicem holds 50 per cent of the share capital in a joint venture with Grupo Ricardo Brennand, has signed a purchase agreement for the businesses of the CRH group operating in Brazil. The CRH companies operating in Brazil own three integrated cement plants and two grinding units in the southeast. The acquisition will result in a significant strengthening of BCPAR, which also operates i... |
CSN reports cement revenues of BRL259m in 3Q2020 October 2020, Published under Cement NewsCompanhia Siderúrgica Nacional (CSN) reported 3Q20 results for its cement division with net revenue of BRL259m (US$46.2m), up 50 per cent QoQ due to higher sales volumes, which rose by 16 per cent compared to 2Q20. CSN’s cement division achieved an EBITDA record of BRL100m (US$17.8m) in 3Q20. " When it comes to cement, to give you an idea, the market capacity is 100Mt, a theoretical capacity at present the capacity that is available to the market is of 75 and if we analyse the third q... |
Brazil sees robust cement consumption growth in September12 October 2020, Published under Cement NewsCement sales in Brazil saw a 21.4 per cent hike to 5.8Mt in September 2020 when compared with September 2019, according to SNIC, the country’s cement association. Sales per working day were 250,500t, up 18.5 per cent YoY and 2.5 per cent MoM. The key market of the southeast showed a 17 per cent YoY uptake in sales to 2.67Mt while in the northeast, the country’s second-largest cement market, sales were up 30.1 per cent to 1.229Mt. In the south deliveries were up 15.3 per cent YoY to 884,00... |
Cement sales in Brazil increase 14% in August09 September 2020, Published under Cement NewsCement sales in Brazil continued to rise in August with a 13.6 per cent YoY increase to 5.7Mt, reported the country’s cement association, SNIC. Per working day, sales reached 244,400t, representing a YoY increased of 18.5 per cent and 3.7 per cent MoM. The central-western region saw sales up 25.3 per cent YoY to 728,000t while in the northeast and north sales advanced to 1,197,000t (+23.9 per cent) and 268,000t (+22.9 per cent), respectively. In the south sales were up 11.6 per cent to 936... |
Manaus cement plants face watchdog warning03 September 2020, Published under Cement NewsTwo cement plants in Manaus, Brazil, have received warnings from Procon, the consumer watchdog in the state of Amazonas. The organisation has requested clarification regarding prices charged since March 2020. Both plants have been given five days to present a defence and receipts to Procon, according to Esmerk Latin American News. The warnings follow the publication of studies that the price of cement in Manaus is higher than in seven other state capitals at BRL45 (US$11.73)/bag, compared... |
Votorantim Cimentos awards Aumund pan conveyor contract01 September 2020, Published under Cement NewsBrazil-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 Conveyor type BZB will replace the existing pan conveyor used to transport clinker from the cooler to the silo. It has a centre distance of 92m and a conveying capacity of up to 170tph. A key benefit of the conveyor is the reduction of dust emissions and the prevention of wasteful spillage of dusty material into the ... |
CRH sees EBITDA rise 2% in the 1H2021 August 2020, Published under Cement NewsCRH has released its unaudited results for the first half of 2020, showing a 4.9 per cent YoY decline in revenue to US$12.2bn from US$12.85bn in the 1H19. However, EBITDA edged up two per cent on a like-for-like (LfL) basis to US$1.59bn. Profit before tax for the 1H20 reached US$518m against US$717m last year, primarily reflecting a lower profit on divestments. "As a Group we took swift and comprehensive action in response to the COVID-19 crisis, and our ability to flex our cost base and ... |
Votorantim Cimentos 2Q20 cement sales edge up17 August 2020, Published under Cement NewsVotorantim 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 revenues reached BRL3876 (US$717.21m), up 18 per cent on the 2Q19 when it totalled BRL3298m. EBITDA amounted to BRL735m up from BRL491m in the 2Q19. Consolidated net revenues totalled BRL3.9bn in the 2Q20, an 18 per cent increase when compared to the same period of 2019, mainly explained by better volumes and prices in Vo... |
InterCement appoint new chairman13 August 2020, Published under Cement NewsInterCement Participações SA reports that Franklin Feder has resigned from the Board of Directors of InterCement after nearly three years and Wilson Nelio Brumer becomes the new chairman of the Board of Directors. Mr Brumer has worked as CEO at Vale, Acesita and Usiminas and brings experience form being on the Board of Directors at BHP Billiton, Cemig, CCR, Direcional Engenharia, Embraer, Localiza, Metso and Fundação Renova. |
Brazil's cement market expands in July but outlook uncertain12 August 2020, Published under Cement NewsCement sales in Brazil increased 18.9 per cent YoY to 5.9Mt, according to the country's cement association, SNIC. Cement sales per working day edged up 2.4 per cent MoM. It follows a recovery first noted in the second quarter of the year following reduced consumption in January and February due to heavy rains and COVID-19 lockdown measures in March. Private self-construction has benefitted from the drive to transform homes into places of work while SMEs have decided to carry out maintenan... |