Cement News tagged under: Oficemen

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Spain sees 9% rise in demand in September

23 November 2018, Published under Cement News

The Cement Demand Index has seen an 8.5 per cent increase YoY in September, but slipped 0.2 per cent MoM, according to data published by Oficemen. In the October 2017-September 2018 period, it is estimated that Spain has consumed 13Mt of cement with growth attributed to the residential sector. Clinker and cement exports continue to fall for the 16th month running. In August they fell by 8.4 per cent YoY.

Domestic demand in Spain up 8%

13 November 2018, Published under Cement News

Cement demand in Spain noted an eight per cent YoY growth in June, according to the Spanish cement association, Oficemen. In addition, cement exports have seen an accelerated decline, falling by 10 per cent YoY. For 2018 the association expects consumption to advance by seven per cent YoY, closing the year with a demand of 13.3Mt.

Oficemen downgrades growth forecast

11 October 2018, Published under Cement News

Cement producers have reduced their growth forecast for 2018 from 12 per cent to seven per cent, according to Oficemen, Spain’s cement association. They attribute the lower growth rate to the economic slowdown and “paralysis” that governs the execution of public work. The extra demand generated by new housing is unable to offset the lower civil works activity, which accounts for the majority of cement consumption, according to the association. The construction of flats now accounts for 28 ...

Spain’s cement consumption sees 12% YoY in April

19 June 2018, Published under Cement News

Spanish cement demand rose by 11.7 per cent YoY in April, according to the country’s cement association, Oficemen. The growth has been attributed due to a recovery in housing starts, particularly in large cities such as Madrid and Barcelona, which have seen apartment prices rise in the last three years. In the last 12 months up to April, 12.4Mt of cement were consumed in Spain, which represents an additional 1.25Mt when compared with the same period of the previous year. New residential h...

Spanish cement demand growth decelerates

15 May 2018, Published under Cement News

Cement demand in Spain saw its growth slow to 7.6 per cent in March 2018, when compared with the previous month, according Oficemen’s Cement Demand Index (IDC). For the rolling year, from April 2017 to March 2018, consumption rose to 12.4Mt, an increase of 0.9Mt when compared with the same period in the previous year. While the latest market expansion represents 13 months of growth, the March data point to a strong deceleration of growth. Oficemen has attributed this slowdown to the effe...

Spain sees 12% YoY rise in demand in February

18 April 2018, Published under Cement News

Cement demand in Spain increased 11.7 per cent YoY in February, according to the Spanish cement association, Oficemen. In the 12 months ending February 2018, domestic cement consumption reached 12.6Mt, up 1.3Mt or 11.5 per cent YoY. Cement and clinker exports from Spain continue to fall with the 12 months ending January 2018 noting a 10 per cent YoY decrease in exports. In the 4Q17 civil works accounted for 5.6Mt of cement demand, up 11 per cent YoY and accounting for 53 per cent ...

Cement demand in Spain shows double-digit growth

22 March 2018, Published under Cement News

Cement demand in Spain expanded by 11 per cent in the 12 months up to January 2018 when compared with the year-ago rolling year, according to the new Cement Barometer, prepared by Oficemen, the country’s cement association. The latest figure has seen domestic consumption rise for 11 consecutive months with YoY double-digit increases noted in the past two months. However, cement and clinker exports have continued their decline, falling 10 per cent in 2017.

Spain's cement industry in drive to reduce CO2 emissions 80% by 2050

18 October 2017, Published under Cement News

According to a new report by Oficemen, the Spanish cement industry is undertaking steps to reduce its CO2 emissions by 80 per cent by 2050 when compared with 1990 as base year. In its “Roadmap of the Spanish cement industry for the reduction of carbon emissions by 2050”. Conventional means such as increased energy efficiency and co-processing will enable the sector to reduce its CO2 footprint by 35 per cent compared to the base year. The roadmap foresees improvements in thermal efficiency ...

Oficemen names Jesús Ortiz as new president

31 July 2017, Published under Cement News

Oficemen, the Spanish cement association, has appointed Jesús Ortiz as its new president. Mr Ortiz is currently CEO of HeidelbergCement in Spain. With a degree in Economics and Business Management from a French university, he succeeds Jaime haro.

Spanish producers adapt to survive

10 February 2017, Published under Cement News

Spain's road back to high cement volumes seems a rather tortuous journey with Fomento de Constructions & Contratas (FCC) announcing a net loss of EUR1625.2m this week for its close of business in 2016. While the financial impact being felt on Spanish producers is extenuated with exchange rate fluctuations, the report also highlighted that construction business for the company was down 17 per cent in its domestic market, while the Spanish building market had fallen by 35.4 per cent for the c...