Benefiting from higher metal prices, company reported operational record in 2Q 08/12/2022 Ricardo Carvalho — Foto: Ana Paula Paiva/Valor Benefiting from higher prices, Companhia Brasileira de Alumínio (CBA) exceeded analysts’ expectations and reported a record operating result in the second quarter, despite the lower sales volume. One of the major producers of primary aluminum in […]
Construction company expects to launch 1,871 units in Rio de Janeiro by end of 2022 08/12/2022 André Campos — Foto: Gladyston Rodrigues/Divulgação Construction company Emccamp Residencial, based in Minas Gerais, which operates mainly in the economic residential development area, will invest R$4.5 billion in two years, of which R$1.5 billion this year, already in progress. […]
CEOs also talked about environmental targets at a conference 08/11/2022 Cristiano Teixeira, chief operating officer at Klabin — Foto: Ana Paula Paiva/Valor Limited wood supply and rising input prices are expected to restrain announcements of new pulp mills in Brazil over the next seven years, which corresponds to the eucalyptus cutting cycle, said industry executives […]
However, states reliant on industry and services may see moderate advance 08/11/2022 Camila Saito — Foto: Divulgação States in Brazil’s Central-West region are expected to see the highest economic growth this year driven by agriculture. After a drought last year, agricultural production accelerated with record soybean and corn crops. On the other hand, states reliant […]
Problems such as the lack of containers have eased in recent weeks in Brazil 08/11/2022 Problems such as lack of containers and delays in ship calls have eased in recent weeks on the Brazilian coast, even at peak times — Foto: Divulgação/Claudio Neves/Portos do Paraná The logistical chaos triggered by the pandemic is not over, […]
Expansion was driven by fiscal situation favored by extraordinary factors 08/10/2022 State governments have increased nearly threefold investments in the first half of this year, in real terms, driven by this year’s elections and a fiscal situation favored by extraordinary factors. The 26 states and the Federal District jointly invested R$31.4 billion between January and […]
Market is expected to grow in 2022, but volume will still be lower than before pandemic 08/10/2022 Fabiano Todeschini — Foto: Nilani Goettems/Valor The bus industry is going through an unusual moment. As soon as it hit Brazil, the pandemic emptied public transportation in cities and roads. Mass vaccination then brought the hope of a […]
After a series of setbacks, company sold a record 72 aircraft in 2021, boosted by agribusiness 08/10/2022 Aircraft seller TAM Aviação Executiva was still recovering from the economic crisis aggravated by anti-corruption task force Car Wash when air travel practically ceased because of Covid-19. At the country’s largest jet marketer, the controlling shareholders needed to […]
New company will produce collagen, gelatin to food, pharmaceutical, cosmetics industries 08/10/2022 Claudia Yamana — Foto: Silvia Zamboni/Valor Giant meatpacker JBS has a new venture. The company starts this month the operations of Genu-in, a new company that will produce collagen peptides and gelatin from bovine skin coming from the company’s production chain. The investment […]
A scenario of rising costs requires faster decisions in order not to be left out of the market 08/09/2022 Largest consumer industrial companies in the world are making an effort to try and show a reaction to the current difficult situation — Foto: Daniel Wainstein /Valor “Two and half years ago, you had to switch […]