Votorantim Cimentos has confirmed it will move forward with a major investment project across its construction materials operations in Brazil.
The spending is part of a $R5 billion investment plan that started in 2024 and is set to conclude by 2028.
“In the year in which it celebrates its 90th anniversary, Votorantim Cimentos remains firm in the execution of its strategic mandate, offering building materials and sustainable solutions to our customers while supporting the development and growth of our country,” Votorantim Cimentos global chief executive officer Osvaldo Ayres said.
Part of the expenditure included Votorantim Cimentos signing a power purchase agreement with Auren Energia to supply electricity to Votorantim Cimentos’ sites in the northeast and southeast of Brazil.
The power will come from the Cajuína I wind farm complex in Lajes, in Grande do Norte with the deal subject to customary closing conditions. The company expects to receive energy from the Cajuína I wind farm complex in March, which, according to its release, will mean that 90 per cent of its energy consumption across its businesses in Brazil will come from renewable sources, including wind, hydroelectric, and solar power.
Votorantim Cimentos has also committed to expanding its cement plant in Edealina with a new cement grinding line that will double the site’s production capacity. When the expansion is operational, estimated by April 2026, the total capacity will be 2 million tonnes of cement annually.
Further to this, the Nobres (Mato Grosso) plant will feature a new cement grinding mill, expanding its production capacity to 1.2 million tonnes of cement per year. Votorantim is also moving ahead with plans to increase the site’s aglime production to 900,000 tonnes per year alongside a new product storage warehouse, with all projects estimated to be completed by August 2026.
The company is also investing in its Xambioá plant to modernise the site’s cement kiln. Plans to restart the cement mills at its Esteio and Laranjeiras sites are also underway, with the resumption of operations in southeastern Brazil.
All of the investment projects, including at Edealina and Nobres, the company estimated its operational production volume will be around 3.7 million tonnes of cement annually across the country.
“All these projects are aligned with our strategy, boost our competitiveness and expand our reach in the Brazilian market,” Ayres said.
