Cement News tagged under: Brazil
Argos considers acquiring Holcim and Lafarge Latin America divestments15 August 2014, Published under Cement NewsColombia's Cementos Argos is currently looking into acquiring the assets Lafarge and Holcim are planning to sell in Latin America, particularly Mexico and Brazil. However, it has not yet finalised any negotiations. "We are firstly interested in looking at Mexico and Brazil," said José Alberto Vélez, president of the Argos Group, in the local newspaper La República. "We have been watching with interest and enthusiasm, but have nothing concrete yet." Earlier this month, Holcim and Lafarge... |
Dynamis completes pryroprocessing orders14 August 2014, Published under Cement NewsBrazil-based Dynamis has carried out a number of key pyroprocessing projects for the global cement industry over the past year. Below is an update of the company's recent cement industry references including a number of projects in its domestic market as well as orders in USA, Europe and Southeast Asia. USA • Buzzi Unicem, Chatanooga plant: CFD study of injection point and secondary fuels increase. Sweden • HeidelbergCement, Degeham plant: existing main burner adaption with new b... |
Lafarge & Holcim propose Brazilian divestments05 August 2014, Published under Cement NewsLafarge and Holcim have published a list of proposed asset disposals to Brazilian Competition authority CADE, as part of efforts to help win regulatory approval for their planned merger. The joint Divestment Committee has agreed to propose a package of assets from both Holcim and Lafarge which include three integrated cement plants and two grinding units (with a total cement capacity of 3.6Mta) as well as one ready-mix plant, all located in the southeastern region of Brazil. The proposed... |
Molins and Votorantim to control Bolivia's Itacamba01 August 2014, Published under Cement NewsCementos Molins of Spain plans the acquisition of a majority stake in Bolivia's Cementos Itacamba. The purchase is expected to take place via Spain-based Yacuces, a joint venture with Brazil-based Votorantim Cimentos, which is also its associate in Argentina (Cementos Avellaneda) and Uruguay (Cementos Artigas). The first step will be an agreement to buy 66.7 per cent of Itacamba Cementos, which currently runs a cement mill in Germán Busch province. Yacuces has agreed to pay US$18.6m for t... |
Holcim and Lafarge announce proposed asset disposals07 July 2014, Published under Cement NewsTwo months after the announcement of their planned merger, Lafarge and Holcim have revealed the list of proposed divestments. In Europe the merged entity aims to have “a significant and balanced industrial base in Europe – around 20 per cent of its revenues – within its overall global footprint, enabling it to take advantage of the European economic recovery,” according to a joint statement. LafargeHolcim plans to sell Lafarge’s Mannersdorf works in Austria as well as the Lafarge Tarmac a... |
LH Merger update: plants for sale07 July 2014, Published under Cement NewsFinally, exactly two months after the first official announcement of their 'merger of equals', Lafarge and Holcim clarify which plants are likely to be put up for sale. No surprises for those who've been following our coverage of the deal to date with divestments slated for Austria, France, Germany, Romania, Hungary and the UK in Europe; Canada - but not the USA - in north America; Brazil in Latin America; Philippines in Asia; Reunion and Mauritius in the Indian Ocean... We summarise the... |
LH Merger: LatAm, Asia, Africa07 July 2014, Published under Cement NewsThe Lafarge Holcim merger is being viewed as a good geographical fit in emerging markets given Lafarge’s strong presence in the Middle East and Africa, and Holcim’s significant exposure to Latin America and the Asia-Pacific region. However, regional overlaps in certain key markets are likely lead to the expected disposal of assets. Latin America Moves to address anti-trust concerns already appear to be underway with Lafarge last month confirming the sale of its cement operations in Ec... |
Brazilian monthly cement sales slip27 June 2014, Published under Cement NewsPreliminary industry data and market estimates indicate that cement sales in the Brazilian domestic market in May 2014 reached 5.932Mt, down 0.7 per cent YoY, latest data from SNIC shows. Sales for the period January-May 2014 reached 28.8Mt. Compared to the same period of 2013, showed growth of 2.8 per cent. Cumulative sales in the last 12 months (June 2013 – May 2014) reached 70.7Mt, an increase of 3.1 per cent over the previous period (June 2012 - May 2013). |
World Cup stadium built with Cemex cement25 June 2014, Published under Cement NewsCemex participated in the construction of the Arena da Amazonia soccer stadium that has hosted several competitive opening round matches of the 2014 FIFA World Cup including England vs Italy, USA vs Portugal, and Honduras vs Switzerland in the northern city of Manaus, Brazil. Designed by the internationally recognized architectural firm of Von Gerkan, Marg and Partners (GMP), the new 170,000m2 stadium (pictured right) has the capacity for more than 43,000... |
Fitch: ratings unchanged for Votorantim02 June 2014, Published under Cement NewsAccording to Fitch Ratings, the recent decision by Brazil's antitrust agency, CADE, to stiffen the penalties against Brazilian cement companies allegedly engaged in price collusion presents a significant challenge to Votorantim Cimentos (VCSA), but it will not result in a negative action to its 'BBB' rating. VCSA's Rating Outlook was affirmed by Fitch at Negative on April 8, 2014. This rating action took into consideration the possibility of a negative ruling by CADE. All six of the cemen... |