Brazil’s InterCement Participacoes, together with its unit InterCement Brasil SA, certain subsidiaries and controlling shareholder Mover Participacoes filed for a projective injunction in Brazil. Loma Negra in Argentina is not part of the preliminary injunction, which doesn’t affect InterCement or…
Votorantim Cimentos will invest R$200m to double the production capacity of its Edealina plant in Goiás in Brazil from 1.0 to 2.0 Mta. The plan is to install a new cement grinding line by the second half of 2025. The…
In the first half of 2024, Brazil’s cement dispatch increased moderately by +1.2% to 30.595 Mt, after 30.232 Mt in the same period last year. In the 1.Q this year the YoY decline has been -3.5%, while in the 2.Q…
Italy-based Buzzi Group will increase its stake in Brazil’s Cimento National (NCPAR) from 50 to 100%, buying 50% shares from Grupo Ricardo Brennand (BCPAR). Cimento Nacional operates five cement plants (photo: Fábrica Matozinhos in MG) and two grinding units, with…
In the first 4 months of 2024, Brazil dispatched 19.413 Mt of cement, which is almost the same as in he same period last year. However, in April the dispatch increased by +12.1% YoY to 5.148 Mt, after 4.594 Mt…
Brazil’s Companhia Siderúrgica Nacional (CSN) has entered into an exclusive agreement to negotiate the acquisition of InterCement’s operations in Argentina and Brazil (photo: Apiai plant in SP; we reported here 27.2.2024). The exclusive talks will run until July 12th, while CSN…
Brazil’s Verdera inaugurated a new waste processing unit with a capacity of 48,000 tpa in Itaperuçu, Paraná. Verdera is Votorantim Cimentos’ sustainable waste management and disposal unit, which has worked since 1991 with co-processing and was a pioneer in bringing…
Brazil’s cement dispatch declined by -3.5% in the first quarter of 2024 to 14.267 Mt, after 14.787 Mt in the first quarter last year and 14.904 Mt in the 1.Q in 2022.
After a YoY decline in the cement dispatch in January by -2.4%, in February the dispatch in Brazil increased in by +3.9% YoY to 4.624 Mt, which results in a plus of 0.6% in the accumulated data for the first…
InterCement Participações informed that during the last few months, the company has received a series of inquiries and expressions of interest in its assets in Brazil and Argentina. The company operates 15 cement plants with 17.2 Mta capacity in Brazil…