Cement News tagged under: Latin America
Votorantim Cimentos achieves consolidated net revenue of BRL7.6bn in 3Q2211 November 2022, Published under Cement NewsVotorantim Cimentos ended the 3Q22 with consolidated net revenue of BRL7.6bn (US$1.25bn), an increase of 19 per cent compared to the same period last year. Consolidated adjusted EBITDA in 3Q22 was BRL1.7bn, up six per cent from 3Q21 and 29 per cent higher than 2Q22. The consolidated EBITDA margin was 23 per cent, an increase of three percentage points compared to 2Q22. The company’s global cement sales totalled 10.2Mt in the third quarter of this year, with a slight drop of one per ... |
The 8th SEMTEC attracts more than 350 industry professionals07 November 2022, Published under Cement NewsThe 8th SEMTEC Technical Seminar was successfully held in Belo Horizonte, Brazil, on 25-27 October 2022. More than 350 technicians of the cement and lime industry from 81 different plants in South America attended the event. A total of 44 companies sponsored SEMTEC 2022, including International Cement Review. More than 350 delegates attended SEMTEC 2022 SEMTEC 2022 was held in Hotel Ouro Minas, Belo Horizonte, Brazil |
Haver & Boecker Niagara expands Pedro Leopoldo manufacturing facility19 October 2022, Published under Cement NewsHaver & Boecker Niagara has expanded its manufacturing facility in Pedro Leopoldo, Brazil. The building expansion allows the company to produce 8000 parts per month at a rate of 320 parts per day. Additionally, the company can now move its rubber production 100 per cent in-house, allowing for an increased production capacity of its signature Ty-Dura Screen media and premium rubber liners by 60 per cent. "As Haver & Boecker Niagara’s global presence has grown, so has an interest in our inn... |
Menzel Elektromotoren carries out crane motor order07 October 2022, Published under Cement NewsMenzel Elektromotoren has manufactured four crane motors with the exact electrical and mechanical interfacing positions of a make that is no longer available today for a cement project in Chile. The new slip ring motors based on a cost-efficient motor series will drive hoists on overhead cranes in the cement plant. The motors have two shaft ends, with the drive end coupled to the gearbox, which connects to the rope drum, and a brake installed on the non-drive end. At the custome... |
Votorantim Cimentos records strong performances in Brazil and North America in 2Q2215 August 2022, Published under Cement NewsVotorantim Cimentos’ regional results in the 2Q22 recorded strong revenues despite inflationary pressures. The domestic market of Brazil and operations in Europe, Asia and Africa were the highest performing areas with a decline in Latin American revenues. In Brazil net revenue was BRL3.2bn (US$620.2m) in the second quarter of 2022, a 24 per cent increase compared to the same period last year. Adjusted EBITDA in the quarter was BRL606m, down nine per cent from 2Q21 due to a drop in sa... |
Latin America places decarbonisation centre stage09 August 2022, Published under Cement NewsFICEM Congress, “Green Cement & Concrete 2050”, took place in Mexico City on 23-26 May 2022, and brought together 200 industry and government representatives from Latin America and the Caribbean to discuss the technical, regulatory and financial aspects of decarbonising the regional cement sector. Maria José García, executive director of FICEM and Jaime Hill, president of Mexican cement association CANACEM, open the exhibition at the Green Cement & Concrete 2050 event in Mexico Ci... |
GCCA and FICEM accelerate Latin American progress towards net zero21 July 2022, Published under Cement NewsThe Global Cement and Concrete Association (GCCA) and, regional affiliate, FICEM have co-hosted an event on 'Latin American cement and concrete industry – Towards Net Zero' in the Dominican Republic. The meeting highlighted the progress made in decarbonising the industry in the region and future pathways to reaching net zero concrete. Claude Loréa, executive cement director of the GCCA, commented that the association has attracted 80 per cent of the global cement industry outside of China... |
Ecuador completes first cement export contract01 June 2022, Published under Cement NewsEcuador has exported cement for the first time, delivering 32,660 to of cement in 16,330 Bigbags to Peru, according to a local news service. The consignment was supplied at the end of April to position Holcim Ecuador as bulk cement exporter in Latin America and diversify its export value offer. The shipment was made possible by an investment of US$2.2m to expand infrastructure and implement the project. |
FICEM reaffirms commitment to carbon neutrality by 205016 May 2022, Published under Cement NewsFICEM has joined forces with the UN-backed Race to Zero initiative, the American Concrete Institute (ACI), ASTM International and the International Finance Corp (IFC) to achieve cement and concrete carbon neutrality by 2050 in Latin America, including the Caribbean. Hosted by the University of Miami, the Latin American cement association gathered key industry figures on 5 May 2022 to promote low-carbon neutrality targets, low-carbon cement standards, ensure the most efficient use of cement... |
Votorantim Cimentos' see net revenue regional rises in Brazil and North America13 May 2022, Published under Cement NewsIn Brazil Votorantim Cimentos ’ net revenue in the 1Q22 was BRL2.7bn (US$525.6m), a 21 per cent increase compared to 1Q21. Despite the instability of the local market, macroeconomic pressures and the strong basis for comparison with the same period last year, the increase in revenue was primarily due to the combination of higher sales volume and price. Adjusted EBITDA in the quarter was BRL359m, down 40 per cent compared to March 2021 due to cost pressure caused by commodity prices, l... |