The Portland Cement Association (PCA) announced the election of Filiberto Ruiz as the chair of its board of directors. Ruiz is the president and CEO at Votorantim Cimentos North America and has served the last two years as vice chair to outgoing chairman Ron Henley, president and CEO of GCC of America.
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Votorantim Cimentos revised its decarbonization targets to 475 kg of CO2 per tonne of cement by 2030. Its new global target is 8.7% lower than the one previously announced as part of its 2030 Sustainability Commitments.
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Votorantim Cimentos ended the third quarter of 2022 with consolidated net revenue of R$7.6 billion, an increase of 19% compared to the same period last year.
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Votorantim Cimentos introduced a new corporate brand that is more contemporary and representative of the diversity of its people, products and businesses, combining tradition, innovation and a vision of the future.
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Global producer Votorantim Cimentos ended the second quarter of 2022 with consolidated net revenue of R$6.7 billion, an increase of 15% compared to the same period last year. The increase was primarily due to favorable price dynamics, in addition to the positive impact of additional sales resulting from acquisitions made in 2021.
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Votorantim Cimentos North America (VCNA), parent company of St Marys Cement, is partnering with the Plug and Play Sustainability Platform to tap early-stage emerging technology incubating in Silicon Valley and around the world.
Read MoreSt Marys Cement’s Charlevoix Plant is located in Michigan, and is owned by parent company Votorantim Cimentos. The plant has been in operation since 1967 and is a leading supplier of cement throughout the Great Lakes. The original pre-heater tower was installed in 1978 and was equipped with a fan from the Green Fan Co. (now part of Howden) and…
Read MoreThe Cement Industry In Brazil Expects Flat Growth In 2022, Higher Inflation. By Mauro Nogarin According to the new statistical bulletin published by the Central Bank of Brazil, the economy in 2022 will be marked by difficulties due to lower incomes, and the market expects a growth of close to 0.5% of the Gross Domestic Product (GDP). On the other…
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Sustainability-Linked Finance Is One Of The Fastest Growing Sectors In The Finance Space. It’s Also Helping Change The Cement Industry. By Jonathan Rowland The cement industry talks a lot about sustainability. Major cement companies all have some sort of sustainability strategy. Sustainability is also a central component to the work of the two global cement associations, the GCCA and WCA, and…
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Votorantim Cimentos posted net income of R$692 million in the second quarter of 2021, reversing the R$153 million loss in the same period last year. The company’s global net revenue in the quarter was R$5.8 billion, an increase of 50% compared to the prior-year period, as a result of an increase in sales volume and favorable price dynamics in all…
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