Cement News tagged under: Spain
Oficemen elects Alan Svaiter as new president14 September 2023, Published under Cement NewsAlan Svaiter, CEO of Votorantim Cimentos Spain, has been unanimously elected as president of Oficemen. He will lead the proposals and initiatives of the Spanish cement industry to support its recovery and its climate neutrality objectives. "I assume with enthusiasm and great responsibility the presidency of Oficemen at such a crucial and transformative moment for the cement industry," said Mr Svaiter in his first statements following his appointment. Mr Svaiter succeeds José Manuel Casca... |
Spain’s expectations04 September 2023, Published under Cement NewsWhile 2022 proved to be a year of atypical and complex developments, Spanish cement association OFICEMEN sees upside potential for the domestic cement sector in 2023. However, a snap parliamentary election with no clear majority has made for an uncertain way forward. By OFICEMEN, Spain. Although the Spanish cement industry continues to face uncertainty both in terms of domestic and export sales, it remains confident that it can address future challenges successfully (© OFICEMEN) ... |
Cementos Molins posts revenues of EUR705m in 1Q2327 July 2023, Published under Cement NewsCementos Molins has announced its financial results for the 1Q23. Revenues reached EUR705m, up 16 per cent compared to the 1Q22. The company has also improved sales across all businesses and regions, driven by both volume and selling prices. On a LfL basis, revenues rose by 30 per cent. EBITDA reached EUR179m, a 36 per cent increase compared to the same period of 2022. This improvement is primarily due to the positive impact generated by higher volumes, as well as the company’s efficien... |
Spain sees demand drop 4% in June but exports surge 24%18 July 2023, Published under Cement NewsSpanish cement consumption in the first half of 2023 edged up by 0.3 per cent YoY to 7,539,907t, according to the country’s cement association, Oficemen. In June 2023 alone, cement demand in the Iberian country fell 4.3 per cent to 1,319,112t when compared with June 2022. “The evolution of the semester has closed with ‘zero’ growth in line with our forecasts at the beginning of the year. The confluence of three electoral processes, which will end with the holding of the general elections... |
Tudela Veguin to invest EUR62.5m in decarbonisation measures05 July 2023, Published under Cement NewsCementos Tudela Veguín SA , part of Corp Masaveu , will invest EUR62.5m in energy efficiency and the use of biomass and hydrogen if it obtains funds from the EU. The plan is to guarantee the future of its plants in Asturias and León, Spain. Approximately EUR36m will be invested in its Aboño plant, EUR14.5m in Tudela Veguín and EUR3m in lime producer Caleras de San Cucao – all located in Asturias. In addition the La Robla unit in León will receive EUR9m if the company’s application fo... |
Spain’s cement demand up 1% in May29 June 2023, Published under Cement NewsCement consumption in Spain has edged up 0.7 per cent YoY to 1,348,525t in May 2023, according the country’s cement association, Oficemen. In the first five months of 2023, the domestic market expanded by 1.2 per cent to 6,215,016t when compared with the 5M22. “The advancement of the general elections to July 23, when there are still local and regional governments in the constitution phase, probably adds uncertainty and slows down decision-making at the business level. These types of sce... |
Cemex and WtEnergy awarded EUR4.4m grant28 June 2023, Published under Cement NewsThe European Union has awarded Cemex and WtEnergy a EUR4.4m grant for the implementation of a novel waste-to-fuel technology utilising synthetic gas at its Alicante cement plant in Spain. The project has been catalogued as “the first of its kind” for the cement industry by the European Union. The Clyngas project has the potential to reduce over 400,000t of CO 2 equivalent emissions over a decade at the Alicante plant. The committee responsible for awarding the grant lauded the project ... |
Spain’s cement market contracts 12% in April30 May 2023, Published under Cement NewsCement consumption in Spain dropped 11.6 per cent YoY to 1,182,325t in April 2023, according to the Spanish cement association, Oficemen. The YoY drop needs to be considered against “an untypical high result – the highest in the last decade”, said the organisation. "The reason was the rebound effect that occurred in the construction sector, once the transport strike ended," explains Oficemen General Director, Aniceto Zaragoza, who adds that "the works that had been paralysed due to lack of... |
CEMEX acquires mortar plant in Spain24 May 2023, Published under Cement NewsCEMEX has acquired a mortar plant near Madrid, Spain, as part of its ongoing strategy to increase EBITDA through bolt-on acquisitions. The new plant is equipped with the latest technology to enable the production of traditional and specialty mortars with enhanced sustainability attributes. CEMEX’s nearby Castillejo cement plant will supply lower-carbon Vertua cement for mortar production. The mortar plant is located only 35km from Madrid, contributing to reducing overall Scope 3 emis... |
Can CBAM create a level playing field for CO2 emissions?19 May 2023, Published under Cement NewsThis week, Eurostat released the EU cement industry statistics for 2022. There has been little change from 2021 when EU27 imports of cement and clinker totalled around 9.5Mt, but in 2022 imports rose above 10Mt for the first time. It is a rising trend that has continued to evolve since pre-2016, when clinker and cement imports to the EU27 totalled less than 2.5Mt. Meanwhile, cement and clinker exports from the EU27 have slumped from nearly 25Mt in 2016 to around 13Mt in 2022 with the UK and ... |