Cement News tagged under: Brazil
Lafarge to invest BRL1bn in Brazil over next five years15 January 2013, Published under Cement NewsLafarge is to invest BRL1bn (US$500m) in Brazil in the five years to 2018, according to the group’s chairman and chief executive Bruno Lafont. During a meeting with Brazil’s president Dilma Rousseff in Braslia, Mr Lafont said the organic investment is being made to keep with growth of the local market. “Brazil has true potential for growth. The investment needs in infrastructure and in the housing sector show that the country has much margin for growth,” he noted. Among the new inve... |
Brazil's domestic dispatches rise 6.9% YoY14 January 2013, Published under Cement NewsPreliminary data and market estimates indicate that in 2012, total sales by Brazilian producers to the local market reached 68.3Mta, representing an increase of 6.9 per cent over 2011 (63.9Mt), latest figures from Sindicato Nacional da Indústria do Cimento (SNIC) show. Imports for the year, according to data obtained from the SECEX / MDIC, totaled 977,000t, down 10.4 per cent on 2011 figures (1,091,000t). Total domestic cement consumption in Brazil in December 2012 reached 5.1Mt, ... |
Votorantim04 January 2013, Published under Cement NewsDuring the first nine months of 2012, Votorantim sold 3.4 per cent more cement in Brazil, which accounted for 89.4 per cent of the group cement volume as it was at the time, or 18.49Mt. Brazilian cement prices improved by around five per cent. In North America, volumes advanced by 17.4 per cent to 2.16Mt, but the dollar price declined by 13 per cent. Turnover improved by 9.9 per cent to BRL7192m (€2633m) and the EBITDA rose by 16.2 per cent to BRL2226m (€815m). The improvement in the EBITDA ... |
Votorantim prepares IPO for next year - report21 December 2012, Published under Cement NewsBrazil’s largest cement producer Votorantim Cimentos is preparing an initial public equity offering (IPO) of at least US$3bn, according to a report by Bloomberg citing three sources familiar with the matter. Votorantim Cimentos hired Banco Itau BBA SA and JPMorgan Chase & Co. (JPM) to manage the deal and will include additional banks, said the source. The IPO will take place sometime next year, they said. “Such a move is not Votorantim’s actual plan,” the company said in an emailed s... |
Malvern Instruments opens new applications laboratory in São Paulo, Brazil19 December 2012, Published under Cement NewsMalvern Instruments has opened a new applications and demonstration laboratory in Brazil. Located at the São Paulo facility of Malvern’s parent company Spectris, the new laboratory will provide pre- and post-sales support to customers across all of Malvern’s technology areas, and will augment established particle characterisation demonstration labs elsewhere in Brazil. The new laboratory will be equipped with instruments spanning Malvern’s entire range of particle characterization, prote... |
CPX Mineração to invest in Bahía cement plant, Brazil14 December 2012, Published under Cement NewsCPX Mineração and Bahía state government have signed a letter of intent to produce cement in the Brazilian state, according to local media. Under the agreement, CPX will invest BRL400m-500m (US$192m-240m) in the construction of a 0.8Mta cement works in the municipality of Lajedinho. "It is an integrated plant based on exploitation of limestone and cement manufacture to supply entire Bahía, which currently imports this product," said CPX president, Rodrigo Lara, adding that the company... |
Brazil Jan-November cement demand rises 7.6%13 December 2012, Published under Cement NewsCement consumption in Brazil for the January-November 2012 period reached 63.2Mt, 7.6 per cent ahead of the same period of last year,latest data from Sindicato Nacional da Indústria do Cimento (SNIC) showed. In November alone, sales totaled 5.8Mta, an increase of 3.8 per cent over the same month of 2011, according to the latest statistics In terms of sales by day, November deliveries rose by 2.3 per cent compared to October 2012 figures. According to data obtained by SNIC from the S... |
Cimpor06 December 2012, Published under Cement NewsCimpor's turnover came off by 1.6% to €1,170.6m in the first nine months, and the EBITDA eased by 0.9% to €355.4m, while the trading profit (EBIT) declined by 1.2% to €247.3m. Net financial charges jumped by 185.3% to €83.4m, as change of control clauses led to debt repayments, giving a pre-tax profit 25.9% lower at €163.9m. The tax charge was 2.7% higher at €55.4m. The profit after tax on a continuing basis fell by 35.1% to €108.5m. Net debt at the end of September was 0.3% lower than a ye... |
Lafarge to build new Rio de Janiero works, Brazil30 November 2012, Published under Cement NewsLafarge announced on Thursday that it is to construct a second cement plant in Rio de Janeiro to better serve expected increases in demand fuelled by the 2014 World Cup and 2016 Olympic Games to be held in Brazil. The new unit , located in the city of Santa Cruz , the metropolitan area of the state , will have production capacity of around 750,000tpa. With an investment of US66m and the generation of 350 direct jobs, the unit will receive funding ... |
Brazil October sales rise 9.8 per cent YoY27 November 2012, Published under Cement NewsBrazilian cement sales in October 2012 reached 6.2Mt, representing a 9.8 per cent rise compared to the same month of the previous year, data from the Sindicato Nacional da Indústria do Cimento, shows. In terms of the number of days worked, October sales fell 2.1 per cent compared to September 2012. Over the first 10 months of 2012, sales reached 57.4Mt, up eight per cent over the same period of 2011. According to data obtained by SECEX/MXIC, cement imports in the first three quarters o... |