Displaying items by tag: Brazil

Brazil: Cement producers including CSN Cimentos, Cimentos Mizu, Cimento Apodi, InterCement and Votorantim have all bid for Holcim’s assets in Brazil. A consortium of CSN Cimentos, Cimentos Mizu and Cimento Apodi is reportedly intending to buy up to 10 production plants, according to sources quoted by Reuters. InterCement and Votorantim have also made offers but are bidding for smaller parts of the business due to competition law restrictions.

Votorantim has bid for plants in the north-eastern of the country and InterCement for those in the south-eastern states of Rio de Janeiro, Espirito Santo and Minas Gerais. Any eventual proposed acquisition will be subject to scrutiny by the Administrative Council for Economic Defence (CADE). Holcim expects to generate US$1 – 1.5bn from the eventual sale.

Brazil: Votorantim Cimentos has started operation of a new production line at its Pecém grinding plant in Ceará. The US$38m upgrade brings the production capacity of the site to 1Mt/yr from 0.2Mt/yr previously. The project was suspended temporarily in 2020 due to the coronavirus pandemic. The producer also operates the integrated 2.2Mt/yr Sobral plant in Ceará and a terminal in Fortaleza. The production sites the company runs in the state are connected by railway and a further line has been extended to connect the terminal.

Brazil: Cement sales totalled 31.5Mt in the first half of 2021, up by 16% year-on-year. The National Cement Industry Association (SNIC) attributed the growth to home renovations and new construction projects. The association has forecast total sales for 2021 of 64.2Mt, corresponding to an increase of 6% compared to 2020 levels. It expects the same segments to drive growth in 2022, though at a lower rate.

Brazil: Votorantim Cimentos is preparing to bid for some of LafargeHolcim’s assets in Brazil. However, the company is limited by local competition rules so it is unable to try and buy all of LafargeHolcim’s assets, according the Valor Economico newspaper. In a statement to Reuters, Votorantim said that it had not made a bid yet but that it was always open to new opportunities. LafargeHolcim was reported by local press in April 2021 as wanting to sell its assets in the country.

Brazil: Companhia Siderúrgica Nacional (CSN) has agreed to buy Cimento Elizabeth for US$220m from Farallon Capital. The acquisition will give CSN an additional 1.3Mt/yr cement production capacity bringing its total to 6Mt/yr, according to the Valor Econômico newspaper. The deal will also give it a presence in the Northeast, add modern equipment to its assets and ‘substantial’ reserves of limestone, The purchase will be subject to regulatory approval.

Spain: Votorantim Cimentos has agreed to buy Cementos Balboa from US-based investment company KKR for an undisclosed sum. The producer operates a 1.6Mt/yr integrated plant at Alconera in Badajoz, Extremadura that started production in 2005. The purchase is subject to regulatory approval in Spain.

“This transaction exemplifies our strategy for growth and positioning in Spain and reinforces our presence in the country,” says Marcelo Castelli, global chief executive officer of Votorantim Cimentos. The Brazilian-based company has been present in Spain since 2012 and currently operates four integrated cement plants, two grinding plants, a mortar plant and several concrete and aggregates plants, operating in the regions of Andalusia, the Canary Islands, Castile and León, Extremadura and Galicia .

Brazil: Companhia Siderúrgica Nacional (CSN) has entered talks to acquire Cimento Elizabeth. The Valor Econômico newspaper has reported the potential value of any future deal as up to US$250m. An agreement is reportedly expected in June 2021.

Farallon Capital acquired Cimento Elizabeth and Elizabeth Mineração from the Crispin family for US$185m in 2020. It operates the 1.2Mt/yr Cimento Elizabeth cement plant in Paraíba. CSN currently does not have a presence in the region.

Brazil: Votorantim Cimentos has begun distributing its products from its new Rio de Janeiro distribution centre. The producer says that the facility has a capacity of 1000t/day of products, up by 52% from 658t/day at its previous Rio de Janeiro distribution centre. It will serve Grande Rio and Serrana, optimising the company’s logistics in the Southeast region.

Southeast regional logistics manager Luis Dovichi Mendes said, "With the heating up of civil construction and the residential renovation market, we invested in this new distribution centre to improve the urban distribution service in the state of Rio de Janeiro, offering a better logistics and service structure for our customers in the region.”

Brazil: ABG Mineração, which is majority owned by Spain-based La Union Cements, plant to invest US$296m in establishing a cement plant and limestone mine in Mossoró, Rio Grande do Norte. Portal N10 has reported the production capacity of the plant as 1Mt/yr. The company expects that it will generate 300 direct jobs and US$138m/yr in sales.

Brazil/Turkey: Brazil-based Votorantim Cimentos has implemented artificial intelligence techniques for cement strength testing across 27 of its laboratories in Brazil and Turkey. The producer says that the technology gives precise cement strength readings after just three days, compared to 28 days without the technology. It also uses a new metric, technical efficiency, to measure cement’s performance in concrete from the customer’s point of view. The implementation has increased available test results by 200% and eliminated 119 hours of testing time in Brazil alone for the company. It says that this has increased its agility in dealing with quality control and customer satisfaction.

The company said, “We at Votorantim Cimentos want to pave the way for the future of civil construction in a simple, agile and sustainable way, strengthening our role at the construction site, working to be the first choice of retailers and consolidating ourselves as a reference in sustainability in the value chain. Therefore, we look at our research and development projects as short, medium and long-term initiatives to leverage innovations in the sector. Many initiatives are aimed at optimising internal processes that impact the performance of our products, such as those involving the use of artificial intelligence to develop applications and predictive models. In addition, based on models for predicting the properties of cements, we have already created others for use in our mortars and concretes."