News

The Serbian Law on Greenhouse Gas Emissions Tax and Law on Carbon-Intensive Product Imports Tax, both at EUR 4 per ton of CO2 equivalent, are coming into effect on January 1st.

Votorantim Cimentos ended the second quarter of 2025 with growth in net revenue, profit and operating results, driven by higher sales volumes and positive pricing dynamics, supported by geographic and product diversification.

This was conveyed by Taufiek Bawazier, Director General of Chemicals, Pharmaceuticals, and Textile Industries at the Ministry of Industry, during a visit to the Solusi Bangun Indonesia (SBI) cement factory in Bogor, West Java.

As the report mentions, it was positive start to the year with sales up by 2.4% at €638.4m. EBITDA showed growth of 11.7%, reaching €122.6m.