Cement News tagged under: Cementos Portland Valderrivas

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Cementos Portland Valderrivas and AICIA sign R&D agreement

22 May 2019, Published under Cement News

Spanish cement producer Cementos Portland Valderrivas (CPV) and the Association for Research and Industrial Cooperation of Andalucía (AICIA) have signed an agreement to jointly conduct research and development work. Both organisation will carry out projects in the areas of cement production technology, industrial engineering, environment and safety at work. The two-year agreement was signed by CPV's Alcalá de Guadaíra Plant Manager, Miguel Ángel Martínex, and AICIA Managing Director, Fran...

Cementos Alfa plans doubling biomass use

04 February 2019, Published under Cement News

Cementos Alfa, part of the Portland Valderrivas Group, has avoided the emission of 31,000t of CO 2 at its Mataporquera plant, Cantabria, in 2018 as a result of the use of 150tpd biomass as alternative fuel. Moreover, the use of the fuel, through improved energy efficiency, is enabling the company to remain competitive. In 2019 it plans to double the amount of biomass and therefore, has applied to the Spain’s General Directorate for the Environment to extend the authorisation. Output at t...

Sephaku Cement looks to cost-cutting measures despite net profit rise

15 November 2018, Published under Cement News

Sephaku Holdings is embarking on a cost-reduction programme to reduce head office expenses over the next year. The initiative is in response to the current declining demand due to the depressed macro-economic performance.

 Initially, the board of directors have been cut from 10 to seven by not replacing Mpho Makwana, Rose Raisibe Matiju and Kennet Capes who resigned their positions recently.

 Sephaku Holdings has already posted an improved six-month performance to September, helped by it...

New Carthage majority shareholder known by end November

25 October 2018, Published under Cement News

The new majority shareholder for Carthage Cement is expected to be named at the end of November. In April Al Karama Holdings prequalified five candidates interested in acquiring the 50.52 per cent majority stake in the Tunisia-based cement producer: Omnium Industries and Promotion (Morocco), a SECIL-Soc des Ciments de Gabes consortium, Eurocem Ltd (Malta), Cementos Portland Valderrivas (Spain) and Cemolins Internacional (Spain).

Cementos Portland Valderrivas looks at the circular economy

19 July 2018, Published under Cement News

Cementos Portland Valderrivas recently participated in a workshop organised by Spain’s Ministry of Environment and the Andalucian authorities on how to launch projects based on industrial symbiosis, part of a circular economy approach that promotes the efficient use of resources.

Al Karama Holdings names six prequalifiers for Carthage Cement

21 March 2018, Published under Cement News

Six foreign groups have submitted bids for the acquisition of a 50.52 per cent interest in Tunisian cement producer Carthage Cement, according to Al Karama Holding, the company responsible for managing companies confiscated by the Tunisian state from the former regime of Zine El Abidine Ben Ali. Companies interested in purchasing the stake are Cementos Portland Valderrivas (Spain), Cemolins Internationacional SL (Spain), Omnium des Industries et de la Promotion (Morocco), Eurocem (Malta) ...

Portland Valderrivas generates EUR21m economic impact in 2016

26 July 2017, Published under Cement News

Cementos Portland Valderrivas generated an economic impact of over EUR21m in Alcalá de Guadaíra, Spain, in 2016, as a result of the activities by its cement plant in this location, said the company in a statement. The figure is attributed to the contracting of services, the payment of taxes and salaries of some 200 workers directly employed by the company as well as other indirect jobs. “These figures confirm the company's commitment to the inhabitants of Alcalá de Guadaíra and its en...

Cemtech's 25th Anniversary Conference & Exhibition

02 November 2016, Published under Cement News

Cement professionals from over 40 nations gathered at The Westin Palace, Madrid, to celebrate Cemtech’s 25th Anniversary on 18-21 September. Following major events staged in Dubai and Manila earlier this year, this final celebration marked another successful year of growth for the industry’s leading independent cement conference. Delegates settle down to the first morning presentations in the conference hall Cemtech conferences now span the globe, with annual events in Europe, M...

USA: Elementia intends to buy 55% of Giant Cement

14 October 2016, Published under Cement News

Elementia of Mexico, 49 per cent owned by billionaire Carlos Slim, said it had signed a letter of intent to purchase 55 per cent of Giant Cement Holdings Inc, a wholly-owned unit of Cementos Portland Valderrivas of Spain. Currently, Giant has an accumulated debt of approximately EUR437m in a securitised bond issue, says dirigentesdigital. At the same time, Cementos Portland has signed a loan of EUR553m to repay part of its debt, amounting to EUR1114m according to the Spanish source. Ceme...

Spain: FCC refinances Portland Valderrivas debt

14 July 2016, Published under Cement News

In the restructuring of the group, Spain’s FCC plans to refinance the syndicated debt of Cementos Portland Valderrivas (CPV), in which it owns a 77.9 per cent stake. Funds from FCC’s capital increase will be used to write of EUR325m of EUR823m of the total amount. CPV will then refinance the outstanding EUR500m over a period of five years. The refinancing will also enable the Spanish cement producer to obtain a reduction in interest rate from 4.5 per cent (Euribor) to 3.5 per cent. Key cr...