Cement News tagged under: InterCement
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Holcim Brazil asset sale expected02 August 2021, Published under Cement NewsLafargeHolcim (Holcim group) is understood to be considering the sale of its assets in Brazil and CSN Cimentos, Cimentos Mizu and Cement Apodi (Titan Cement joint venture) are believed to be among the potential bidders. A report by Reuters says, Holcim would be looking for proceeds if US$1-1.5bn from the sale. Reuters spoke to two people said to be in the know about the potential sale and bidders. The sale is likely to see several of the named Brazilian cement producers set to acquire par... |
Cachapuz Bilanciai Group wins L'Amali order22 February 2021, Published under Cement NewsSLV Cement, Cachapuz's IT Logistics solution for the cement sector will be implemented at the Loma Negra L' Amalí cement plant. This solution has already been implemented in the factories of Lomaser and Olavarria. Cachapuz is proud to be a partner of Loma Negra, an InterCement Group company, taking part in its digital evolution and growth |
Loma Negra sells majority stake in Yguazú Cementos27 August 2020, Published under Cement NewsArgentina-based Loma Negra (Intercement) has sold its 51 per cent majority stake in Paraguay’s Yguazú Cementos. The value of the deal was not announced, but the company had been valued at US$80m. The buyer was a local shareholder company ConcretMix (owned by Grupo Bogarín), according to a note sent to Argentina’s National Securities Commission. Loma Negra is expected to use the funds from the transaction to pay its debt with local banks. In 2000 Intercement founded Yguazú Cementos in partn... |
Taking Loma Negra to the next level12 August 2020, Published under Cement NewsInterCement subsidiary Loma Negra has been in the process of expanding its L’Amalí cement plant in Argentina, including a new 5800tpd state-of-the-art kiln, two vertical roller mills as well as a complete system for bagging and palletising. Construction work has been disrupted due to the COVID-19 crisis, but the project team is now looking forward to completing this ambitious investment that will take L’Amalí to the next level. By Loma Negra, Argentina. Loma Negra’s L’Amalí 2 project ... |
South Africa needs to overcome alternative fuel challenges07 August 2020, Published under Cement NewsSouth Africa still has barriers it needs to overcome to make alternative fuels more accessible for cement producers. While Natal Portland Cement (InterCement group) has redesigned parts of its production process to accept several waste types, in other countries the group has a much higher alternative fuel usage. InterCement has achieved 50-70 per cent AF usage in some of its facilities, but in South Africa this is more difficult. Inland for EnviroSer which supplies liquid hydrocarbon to th... |
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? ... |
NPC goes into lockdown to stop spread of coronavirus27 March 2020, Published under Cement NewsSouth Africa-based NPC, part of the InterCement group, has announced the shutdown of its industrial operations and commercial activities following the 21-day complete country lockdown announced by the country’s government to halt the spread of COVID-19. The company expressed in a letter its support for the government’s actions and encouraged the community to follow the lockdown rules and was confident it would overcome the challenge together. NPC operates 1.8Mta of cement capacity in a... |
Time for a Brazilian adventure?28 May 2019, Published under Cement NewsFollowing the entry of Titan Cement into Brazil in 2016, fellow multinational cement producers Vicat and Buzzi Unicem have recently stepped into the local cement market despite the country’s falling cement demand last year. Others may follow this trail if Brazil’s cement market shows further signs of growth in 2019, but timing will be key. While cement demand declined in 2018, forecasts for 2019 indicate better times ahead Brazil remains one of the largest cement markets in the ... |
Loma Negra net revenue edges up 4% in 1Q1910 May 2019, Published under Cement NewsArgentina’s Loma Negra, part of InterCement, reported a 3.6 per cent YoY increase in net revenue to ARS7.428m (US$183m) in the first quarter of 2019 on the back of expanding concrete sales in Argentina and growth in cement revenues in Paraguay. Consolidated adjusted EBITDA was 17.9 per cent higher YoY to ARS2.136m in the 1Q19, mainly due to cement, masonry and lime business in the domestic market but also as a result of expansion in the main other segments. In addition, it was partially of... |
Loma Negra to cut 265 jobs09 May 2019, Published under Cement NewsArgentine cement producer Loma Negra, part of the InterCement Group, has announced that it plans to cut 265 jobs in its Barker cement plant Barker, Buenos Aires province. Currently the plant employs 330 staff. The company attributes the personnel reduction to the economic recession. The government is currently negotiating a solution, according to Esmerk Latin American News. |