News
19.04.2022 17:55Brazil's Cement sector in March
The rapid rise in production costs in the cement industry, combined with rising interest rates and inflation, added to the global geopolitical instability environment, have significantly contributed to the sector's low sales performance.
Region: Brazil
05.04.2022 10:35Votorantim Cimentos Ends 2021 With Net Profit of R$1.6 Billion, a 244% Increase Over 2020
Votorantim Cimentos ended 2021 with net profit of R$1.6 billion, an increase of 244% compared to 2020, primarily due to better operating results—with growth in sales in all regions where the company operates—and gains related to the consolidation of acquisitions made in North America and Spain.
Region: Brazil
12.11.2021 16:03Votorantim Cimentos posts a 57% net income increase in the third quarter of 2021 over 2020
The company had global net revenue of R$6.4 billion in the third quarter of the year, an increase of 24% compared to 3Q2020
Region: Brazil
Votorantim Cimentos ended the second quarter with adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 1.5 billion
Region: Brazil
As a result of this expansion, the unit now has a production capacity of approximately 1 million tonnes of cement per year.
Region: Brazil
11.05.2021 16:29Buzzi Unicem strengthens its presence in Brazil
Companhia Nacional de Cimento (CNC) has purchased all the businesses of the CRH group operating in Brazil
Region: Brazil
The volume of exports increased by 2.3 times compared to January-February 2020.
Region: Brazil