Displaying items by tag: Ceará
Votorantim Cimentos opens new terminal in Fortaleza
27 April 2023Brazil: Votorantim Cimentos has opened a new terminal in Fortaleza. The 19,000m2 unit replaces a previous site in the city in Ceará state. The new terminal location is close to a railway line operated by Ferrovia Transnordestina Logística (FTL) to support logistics. It will supply the northeastern market with cement from the Poty brand and adhesive and mortars from the Votomassa product line. Sustainability features of the new terminal include a recycling system for the water used to wash forklift trucks.
Votorantim Cimentos operates two integrated cement plant in Ceará, at Sobral and Pecém respectively, as well as three terminals.
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: Votorantim Cimentos plans to spend around US$50m on upgrading its 0.2Mt/yr grinding plant at Pecém in Ceará. It will increase the unit’s production capacity by 0.8Mt/yr. The official announcement was made during a meeting between Camilo Santana, the governor of Ceará, and the board of Votorantim.
Titan buys stake in Cimento Apodi
04 August 2016Brazil: Greece’s Titan Cement has agreed to acquire an equity stake in Companhia Industrial de Cimento Apodi, a Brazilian cement producer that operates in Ceará in Northeast Brazil. Through a joint venture agreement, Cimento Apodi will be jointly owned and controlled on a 50/50 basis by the Dias Branco Group and a TITAN-Sarkis subsidiary, in which Titan is the majority shareholder. Titan’s investment in the purchase will be determined when the deal closes but it is expected to be about US$100m.
The assets of Cimento Apodi include an integrated cement plant in Quixeré that has operated since 2015 and a cement grinding plant in Pecém port, near to Fortaleza, that has operated since 2011. Cimento Apodi has cement production capacity of over 2Mt/yr.