Cement News tagged under: Cementos Molins

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Cementos Molins reports on 35% rise in revenue in 1H22

28 July 2022, Published under Cement News

Cementos Molins has reported revenue of EUR608m in the first half of 2022, up 35 per cent on the same period a year earlier, driven by higher activity in South America and acquisitions in 2021. On a like-for-like basis of currencies and consolidation scope, revenue advanced by 12 per cent. EBITDA in the 1H22 reached EUR132m, marking a six per cent advance on the 1H21, mainly due to the improvement of business outside Europe, the contribution from acquisitions, and the positive exchange ra...

Cementos Molins to implement an energy management system

23 May 2022, Published under Cement News

Cementos Molins Indusrials’ strategy in favours sustainability and the fight against climate change has recently entered a new stage with the decision to implement an Energy Management System (SGEn), according to the requirements and guidelines established in the UNE-EN standard. ISO50001:2018.  The decision, a direct consequence of the energy policy that the company has just approved, aims to be more efficient in the use and consumption of energy at the Sant Vicenç dels Horts cemen...

Cementos Molins records a net profit of EUR22m in 1Q22

28 April 2022, Published under Cement News

Cementos Molins released its results for the 1Q22, a period highlighted by strong energy, logistic, and raw material cost inflation that started by mid-2021. In the first three months of the year, Cementos Molins' r evenues achieved EUR274m, 23 per cent higher than the same period of the previous year. This significant increase is driven mainly by last year’s acquisitions and the higher activity in South America. On a LfL basis of currencies and consolidation scope revenues increased by ...

Cementos Molins Industrial invests EUR2.2m in environmental improvements

16 March 2022, Published under Cement News

Cementos Molins Industrial 's long history of commitment to the protection of the natural and environmental surroundings has been made clear in 2021 through an investment of EUR2.2m in different facilities at the Sant Vicenç dels Horts factory, Spain. The main actions related to sustainable development and continuous improvement have been aimed at increasing energy efficiency, applying circular economy practices and controlling emissions into the atmosphere. In addition to the completion...

Cementos Molins earns revenues of EUR968m in 2021

25 February 2022, Published under Cement News

Cementos Molins closed 2021 with revenues amounting to EUR968m, up 25 per cent YoY. The gradual economic improvement contributed to spur activity across all countries, with cement and concrete volumes growing by double digits. EBITDA achieved a record EUR242m in 2021, advancing 18 per cent YoY. The strong results improvement is driven by increasing volumes, mix and price management, as well as the positive contribution of operational efficiency plans. Challenges included the huge cos...

Cementos Molins sets its targets on 2030

18 February 2022, Published under Cement News

Most, if not all, of the multinational cement producers have, stated their sustainability and environmental targets for decarbonisation. Cementos Molins SA, a leading Spanish cement manufacturer with overseas operations in Mexico, Chile, Colombia, Bolivia, Croatia, Germany, Argentina, Bangladesh, Uruguay and Tunisia, has released a revised 2030 sustainability roadmap. The new targets replace initial emission reduction plans made in 1990 and place special emphasis on producing carbon-neutral...

Cementos Molins acquires Pretersa Prenavisa

23 December 2021, Published under Cement News

Through its subsidiary Precon, Cementos Molins has acquired 100 per cent of precast concrete company Pretersa Prenavisa, owned by the European investment group Kartesia. The acquisition will support Cementos Molins’ growth in the precast concrete markets of Spain, Portugal and France and improve its product range of sustainable solutions in the construction sector. Founded more than 30 years ago, Pretersa Prenavisa is specialised in the engineering, design, manufacture, and assembly of pre...

Cementos Molins signs novation of syndicated sustainable financing

16 November 2021, Published under Cement News

Cementos Molins signed a renewal of its sustainable syndicated financing for the group and affiliates in Spain, which was formalised in 2019. The novation continues to be classified as a “sustainability-linked loan” extends the maturity by two years until December 2026. In addition, the agreement now has a limit up to EUR300m, of which EUR75m as a term loan and EUR225m as revolving credit facility. All other terms and conditions remain unchanged. The financing, which was the first sustaina...

Cementos Molins completes Calucem acquisition

04 November 2021, Published under Cement News

Cementos Molins has successfully closed the acquisition of Calucem, announced in early August, following all regulatory approvals, according to the company. Julio Rodríguez, CEO of Cementos Molins, highlights: “I warmly welcome the Calucem team into the Cementos Molins family. Today marks a new and exciting milestone in the history of Calucem and Cementos Molins and, with this integration, we have excellent business development opportunities for a new step forward to our strategy of profit...

Cementos Molins to acquire aggregate and concrete business

03 September 2021, Published under Cement News

Spain’s Cementos Molins has reached an agreement to acquire Hanson Hispania’s aggregate and concrete business in Catalonia. The move will see it bolster its operations with two concrete plants, based in the Barcelona free zone and Montcada i Reixac, as well as a quarry in Begues and another in Llinars. "This operation will allow Cementos Molins to reinforce its presence in Spain and consolidate its leadership in sustainable concrete solutions in Catalonia," said Julio Rodríguez, CEO of Ceme...