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Votorantim Cimentos ends 2023 with net profit of R$2 6 billion
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Update on South America, August 2021
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Update on South America, August 2021
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Brazilian cement sales rise in first half of 2021
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Brazilian cement sales rise by 19% to 15.3Mt in first quarter of 2021 Written by Global Cement staff
14 April 2021
Brazil: Cement sales grew by 19% yearn-year to 15.3Mt in the first quarter of 2021 from 12.8Mt in the same period in 2020. The National Cement Industry Association (SNIC) attributed the growth to poor weather and the beginning of the coronavirus pandemic in early 2020. Residential and home-improvement construction work in 2021 were also seen as contributing factors. However, association president Paulo Camillo Penna called for caution due to a decline in sales per working day so far in 2021 despite the apparent growth in absolute figures. The association also called for the local coronavirus vaccination campaign to be accelerated.