Cement News tagged under: Brazil
A new destination for waste10 August 2020, Published under Cement NewsTo 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 cement producer to reduce industrial and urban waste for landfilling through co-processing in Votorantim’s cement kilns. By Eduardo Porciuncula, Verdera (Votorantim Cimentos), Brazil. In the beginning, only used tyres were co-processed. Research has advanced and new materials have been incorporated, such as d... |
InterCement: today and beyond05 August 2020, Published under Cement NewsBrazilian cement major InterCement has built up a substantial international industry portfolio. In light of the latest global developments, Flavio Aidar, CEO of InterCement, shares an insight into the company’s recent performance, including the impact of COVID-19 on operations, updates on its activities in South America and Africa, and future goals. Flavio Aidar, CEO of InterCement ICR: COVID-19 is now a huge challenge facing the world. Are you and your team safe and well? ... |
Buzzi Unicem's 1H20 cement and clinker sales fall 3%05 August 2020, Published under Cement NewsBuzzi Unicem reports that group cement and clinker sales declined 3.4 per cent in the 1H20. The drop in volumes was concentrated in Italy and eastern Europe, due to the spread of the pandemic and to the associated restrictions on economic activity. In central Europe shipments were only slightly below the level reached in the same period of 2019. There was strong performance in the USA, despite the increasing challenges presented by COVID-19. Net sales achieved in the half year were substant... |
Slowly back on track in Brazil?04 August 2020, Published under Cement NewsFollowing 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 resulted in a further drop in sales in spring. The latest data show signs of demand recovery with producers pinning hopes on the implementation of private and public construction projects. Brazil’s cement industry is expecting better news in the months ahead as the resumption of private and public constructio... |
Vicat's 1H20 results see consolidated sales of EUR1.3bn31 July 2020, Published under Cement NewsVicat has announced 1H20 results with consolidated sales of EUR1.304bn, down 2.7 per cent from EUR1.340bn in 1H19. EBITDA reached EUR213m, representing a decline of 6.7 per cent on EUR228m earned in 1H19. The EBITDA margin stood at 16.3 per cent in the 1H20 compared with 17 per cent in 1H19. First-half operational sales of the cement business rose 0.9 per cent on a reported basis, and 1.9 per cent at constant scope and exchange rates. The concrete and aggregates business recorded a... |
Titan Group's 1H20 revenues stable at EUR786m30 July 2020, Published under Cement NewsTitan Group consolidated revenue in the 1H20 amounted to EUR786.3m, remaining largely stable (+0.1 per cent) over the same period the previous year. Group cement and cementitious volumes reached 7.9Mt in the 1H20, down two per cent from 8.1Mt in the 1H19. Ready-mix sales edged up 1.3 per cent YoY to 2.64Mm 3 from 2.6Mm 3 in 1H19, while aggregate volumes totalled 9.2Mt, up 2.6 per cent from 8.9Mt in 1H19. EBITDA was up 12 per cent YoY, reaching EUR136.8m, while the group's EBITDA margin r... |
Brazilian cement demand up 24% in June08 July 2020, Published under Cement NewsCement sales in Brazil rose 24.2 per cent YoY in June 2020. Domestic offtake reached 5.2Mt in June, according to the country’s cement association, SNIC. In the first half of 2020, sales advanced by 3.6 per cent YoY to 26.9Mt. “COVID-19 caused several changes in our lives, habits, and priorities. The crisis showed the cement industry that taking care of the house and using savings and investments for small reforms, something very popular in the 80s, are back in the household budget," SNIC Pr... |
Brazil's cement demand rises 3% in May09 June 2020, Published under Cement NewsThe Brazilian cement market expanded by three per cent YoY to 4.761Mt in May 2020, according to the country’s cement association, SNIC. Between January-May, dispatches slipped 0.3 per cent YoY to 21,683Mt. The volume of sales per working day was 211,600t, up 9.7 per cent when compared with May 2019 and by 13.7 per cent when compared with April 2019. In the 5M20, sales per working day edged up 0.9 per cent YoY. While building material stores fell sharply in March, they have since recovere... |
Votorantim Cimentos sees net revenue up 9% in 1Q2022 May 2020, Published under Cement NewsVotorantim 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 adjusted EBITDA fell to BRL232m from BRL586m in the 1Q19. Group cement volumes declined slightly to 6.3Mt from 6.4Mt in the year-ago period. Net revenues in Brazil in 1Q20 rose to BRL1563m from BRL1536m in 1Q19. Positive market dynamics were seen before the outbreak of COVID-19 in March. However, the expansion project at ... |
Brazil cement consumption declines 7% in April14 May 2020, Published under Cement NewsWhile Brazilian cement sales in April fell 6.9 per cent YoY to 4.1Mt, sales per business day saw a drop of only 2.5 per cent to 185,500t, according to Brazil’s cement association, SNIC. “After a slightly negative quarter of sales (-0.3 per cent 1Q20 x1Q19), caused mainly by the damming of cement purchases in January and February due to heavy rains, which hit several parts of the country, and the beginning of social isolation and demobilisation of sectors of the economy, which started in Ma... |