Cement News tagged under: Cementos Molins
Cementos Molins appoints new CEO08 March 2024, Published under Cement NewsCementos Molins has appointed Marcos Cela as the new CEO. He succeeds Julio Rodríguez, who has held the job for the last nine years. The change comes after Rodríguez’s request to resign from his duties as the company's chief executive officer, and will be effective as of end of June, following the Shareholders Annual General Meeting, when Mr Cela’s appointment is to be officially confirmed. The change in the company’s leadership is the result of a carefully-planned process that took plac... |
Cementos Molins reports record results in 202329 February 2024, Published under Cement NewsSpain-based Cementos Molins closed 2023 with revenues of EUR1349m, up six per cent YoY with gains across all businesses and regions as sales increased and price management impacted positively on the company’s results. EBITDA advanced 22 per cent YoY to EUR337m thanks in particular to the contribution of the company’s Spanish and Mexican operations. Higher volumes, successful efficiency plans and increases in selling prices all played a role in improving the operational result. However, the... |
Cementos Molins launches low-carbon Dragon cements23 February 2024, Published under Cement NewsCementos Molins ’ newly-launched cements and concretes represent a reduction in CO 2 emissions of up to 25 per cent compared to products made with the current Type I cement of the same strength category. The company is introducing two innovative solutions, DRAGON BM-PL (CEM II/B-M (P-L) 42.5R) and DRAGON IV-SR (CEM IV/A (P) 42.5 R-SR), which offer various applications in the construction sector. The former is for the production of concrete and mortars, while the latter is suitable for u... |
Cementos Molins appoints Javier Sueiras as CIO20 February 2024, Published under Cement NewsSpain-based Cementos Molins has named Javier Sueiras as its new Chief Information Officer (CIO). Mr Sueiras will lead the IT Solutions and Services area, focussing on promoting strategic technology and digital initiatives. His responsibilities includes the development and implementation of new processes and advanced technological solutions to enhance different areas of Cementos Molins, improving customer experience and operational efficiency. He graduated as an industrial engineering a... |
Key producers collaborate on new carbon capture technology14 December 2023, Published under Cement NewsHolcim , SCG-CGS , Cementos Argos and Cements Molins are collaborating with Nuada, a pure-play carbon capture company, on a next-generation carbon capture technology designed to deliver low-carbon cement. The technology involves the construction of energy-efficient filtration machines that capture CO 2 from industrial off-gases, enabling hard-to-abate sectors to reduce they carbon footprint with minimal impact on their bottom line. It combines advanced solid adsorbents (Metal Organ... |
Cementos Molins signs sustainability-linked loan16 November 2023, Published under Cement NewsCementos Molins of Spain has signed a second novation of its sustainable syndicated financing, which was originally formalised in 2019 with a first novation completed in 2021. This second continues to be classified as a "sustainability-linked loan" and extends the maturity by another two years until December 2028, maintaining the amount to EUR300m divided between a term loan of EUR75m and a revolving credit facility of EUR225m. All other terms and conditions also remain unchanged. The ... |
Cementos Molins posts revenues of EUR1079m in 9M2331 October 2023, Published under Cement NewsCementos Molins has announced its financial results for the first three quarters of 2023, achieving revenues of EUR1079m, up 13 per cent compared to same period in 2022. The company reached sales growth across all business segments and most regions. On a LfL basis, revenues rose by 34 per cent. EBITDA reached EUR278m, representing a 33 per cent increase compared to the same period last year. This improvement is driven mainly due to the positive impact of higher volumes, the company’s... |
Alternative fuel plant achieves 75,000t of valorised waste in first-year24 October 2023, Published under Cement NewsCementos Molins celebrates the first year of operation of its alternative raw materials plant, located within its facilities in Barcelona, Spain, with a significant milestone. The company has announced that the plant has successfully valorised more than 75,000t of non-hazardous construction and demolition waste, as well as other non-hazardous industrial waste, in its first anniversary. Cementos Molins ' alternative raw materials plant, which covers an area of over 3250m 2 , was inaugurat... |
Cementos Molins completes Sant Vicenc dels Horts modernisation06 October 2023, Published under Cement NewsCementos Molins celebrated the inauguration of its upgraded facilities in Sant Vicenç dels Horts , Barcelona, Spain, on 5 October 2023. The event witnessed the presence of the Minister of Business and Labour of the Generalitat of Catalonia, Roger Torrent. The company's investment exceeding EUR6.6m encompasses a comprehensive office building renovation, the installation of 1455 self-consumption photovoltaic panels, green space redesign, and the introduction of a new plant for alterna... |
Cementos Molins releases its 2022 integrated report04 October 2023, Published under Cement NewsCementos Molins has released its 2022 integrated report, which shows that the Spanish multinational cement producer has reduced its clinker factor to 71 per cent and GHG emissions fell by two per cent to 563kg CO 2/ t of cementitious product. Commenting on the operating challenging environment, President, Juan Molins Amat, stated: “In 2022 we have had to live with high cost inflation and a very complex and uncertain market situation. These are the new territories that the aftermath of the... |