Cement News tagged under: Spain
Votorantim Cimentos revenue jumps 18% in 1Q2312 May 2023, Published under Cement NewsVotorantim Cimentos has reported global revenue of BRL5.8bn (US$1.17bn) in the first quarter of 2023, up 18 per cent YoY. Adjusted EBITDA over the same period advanced by 85 per cent to BRL779m, with a positive impact on the EBITDA margin, which stood at 13 per cent in the 1Q23, marking an increase of four percentage points on the 1Q22. The company ended the 1Q23 with a net profit of BRL78m, reversing the BRL317m loss seen in the first quarter of 2022. Cement sales in the first three month... |
Cementos Molins reports 25% YoY revenue growth in 1Q2304 May 2023, Published under Cement NewsCementos Molins has reported revenue of EUR342m in the first quarter of 2023, up 25 per cent YoY. According to the company, sales have improved across all businesses and regions, driven by both volume and selling prices. On a like-for-like basis, revenue improved by 38 per cent. EBITDA over the same period advanced by 47 per cent YoY to EUR86m, with a strong contribution from Spain and Mexico. Like-for-like EBITDA increased by 64 per cent. Net profit in the 1Q23 came in at EUR37m, marki... |
Spanish cement demand up 24% in March25 April 2023, Published under Cement NewsCement consumption in Spain increased 23.5 per cent YoY to 1.4Mt in March 2023, according to Oficemen. The significant market growth in the third month was attributed to the low base noted in March 2022 a transport strike impacted cement deliveries. In terms of external trade, exports increased 1.7 per cent YoY to 506,610t in March 2023 from 498,329t. Imports fell by 75.5 per cent YoY to 44,864t. January-March 2023 The latest monthly advance in cement consumption has resulted in total c... |
Cementos Molins acquires Tecnoresil11 April 2023, Published under Cement NewsCementos Molins has acquired 100 per cent of Tecnoresil, a company that manufactures and distributes chemical products for industrial and decorative flooring, through its construction solutions subsidiary Propamsa. With this acquisition, Cementos Molins strengthens its strategy of expanding its range of construction solutions. With the acquisition of Tecnoresil, a company with over two decades of experience in the sector, Cementos Molins has expanded its range of continuous flooring sol... |
Spain's cement market contracts 7% in February31 March 2023, Published under Cement NewsCement consumption in Spain has fallen 7.1 per cent YoY to 1,175,290t in February, reports Oficemen. The association’s Managing Director, Aniceto Zaragoza, points that in February 2022 market growth was high at 14 per cent YoY and the month saw the highest February demand volumes in the last decade. Compared with the first two months of 2022, domestic consumption declined 2.9 per cent in the January-February 2023 period. Exports were down 17.2 per cent YoY in February 2023, resulting in ... |
The eye of the kiln28 February 2023, Published under Cement NewsThermographic vision has improved the accuracy of kiln monitoring systems and enabled cement plants to spot potential issues early. At Votorantim Cimentos’ plant in Malaga, Spain, VisionTIR installed an RKS300 system to help the facility improve its refractory identification and reduce energy costs. By VisionTIR, Spain. The accuracy of kiln monitoring has significantly improved through the use of thermographic vision-based systems The temperature in the kiln is a key factor in c... |
Cementos Molins posts revenues of EUR1268m in 202228 February 2023, Published under Cement NewsCementos Molins closed 2022 with revenues amounting to EUR1268m, up 31 per cent compared to previous year, driven by sales increase across all businesses and the significant contribution of acquisitions completed last year. On a LfL basis, revenues increased by 18 per cent. EBITDA reached EUR276m, 14 per cent higher than previous year, due to the performance of South American and Asian businesses and the contribution by the acquisitions. High negative impact of inflation on costs has be... |
CEMEX España enters CCU agreement with ETFuels27 February 2023, Published under Cement NewsCEMEX España has signed an agreement with the green fuel producer ETFuels to transform CO 2 from the CEMEX cement plant in Alicante , Spain, into green fuels. Under the agreement, ETFuels will combine up to 450,000tpa of captured CO 2 with green hydrogen to produce more sustainable fuels in the form of green methanol (e-methanol). “Our goal of reaching zero net CO 2 emissions is achievable, and will be driven by collaboration and innovation,” said Fernando González-Olivieri, CEO, ... |
Spain's cement demand increases 5% in January23 February 2023, Published under Cement NewsCement consumption in Spain in January expanded by 5.4 per cent to 1,066,959t, according to Oficemen, the Spanish cement association. “We expected lower values at this beginning of the year, but it has been a particularly dry month in which the weather may have allowed us to recover part of the consumption lost in December due to heavy rains. The calendar effect has also had an influence, due to the absence of holidays. In fact, the average daily consumption has had a practically flat growt... |
New plant director for Holcim Jerez plant23 February 2023, Published under Cement NewsHolcim España has appointed José María Gómez as new plant manager of the company’s Jerez plant. His work will focus on promoting innovation and sustainability through circularity, resource efficiency and development of the environment to accelerate Holcim Group ’s green growth strategy. Mr Gómez was previously head of production at the Montcada I Reixac plant. He has a degree in Environmental Sciences from the University of Castilla-La Mancha and has more than 15 years of extensive ... |