Cement News tagged under: Spain

RSS feed

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...

Spain’s cement demand up 9% in March, exports continue to fall

17 May 2019, Published under Cement News

Spanish cement consumption increased 8.7 per cent YoY in March 2019, according to Oficemen, the domestic cement association. In the rolling 12-month period (April 2018-March 2019) the associations Cement Barometer estimates domestic demand at 13.58Mt, up from 12.48Mt in the April 2017-March 2018 period. The association has attributed the rise mainly to the construction of 100,000 housing units in 2018. “We welcome this data with optimism, since [the construction of] more than 100,000 hom...

Spain’s cement demand up 6% in February

11 April 2019, Published under Cement News

Cement demand in Spain, as measured by Oficemen’s Cement Demand Index, has increased 6.1 per cent YoY in February. In the March 2018-February 2019 period total cement consumption in Spain reached 13.4Mt. Cement and clinker exports fell 12.7 per cent to 7.9 per cent YoY in the February 2018-January 2019 period.The rise in CO 2 emission rights prices and the increasing power costs continue to impact negatively on the domestic industry’s competitiveness in export markets, according to Ofic...

Cemex

02 April 2019, Published under Cement News

Cemex has agreed to sell its operations in Latvia, where it owns the 1.6Mta cement plant at Broceni, as well as import and marketing operations in Sweden, where there are four, Finland (three), Norway (four), Estonia (1) and a 38 per cent stake in Lithuania's sole cement plant, to the privately-owned Schwenk Zement for EUR340m. To help finance the purchase, Schwenk is selling its 69.8 per cent stake in Schwenk Namibia on a Singapore-based investor for some US$73m.       Cemex has also ag...

Cement companies purchased 0.3Mt of fly ash from Endesa power station

02 April 2019, Published under Cement News

UK and North American cement companies as well as the nearby LafargeHolcim plant have bought some 0.3Mt of fly ash from the Endesa power station in Carboneras, Spain, in 2018. The fly ash is shipped to overseas customers from the port of Endesa Pucarsa. In addition, Endesa has also sold 30,000t of slag and 60,000t of gypsum from its lime plant.

Cemex to sell white cement plant to Çimsa

21 March 2019, Published under Cement News

Cemex has announced that it has reached a binding agreement with Çimsa Çimento to divest its white cement business, including its Buñol plant in Spain, for approximately US$180m. The final agreement is expected to be signed in April 2019, with the closure of the sale forecast for 2H19. The divestment does not include the company's white cement business in Mexico or the investment in USA-based Lehigh Cement. The deal is part of Cemex's ongoing restructure, with the potential proceeds to be m...

Oficemen predicts slower market expansion in 2019

06 March 2019, Published under Cement News

Cement consumption in Spain expanded by eight per cent in 2018, resulting in a domestic demand of 13.4Mt, according to the country’s cement association, Oficemen. For 2019, the association predicts a 3-6 per cent rise in cement demand. "2018 has been an atypical year, with ups and downs in growth, which has gone from the two digits with which it started the year, touching 12 per cent, to close with only an eight per cent increase, which means a growth of barely 1Mt in absolute values, maint...

Cemex to invest EUR4.85m in Gijon cement plant

05 March 2019, Published under Cement News

Cemex plans to invest EUR4.85m (US$5.5m) in the construction of a cement plant and distribution centre in Gijón port, Spain. The facility will include two silos with a height of 43.5m and will be located in the second section of the Ingeniero Olano wharf. Each silo will have a capacity of 6000t of cement. Cement unloading will be carried out through a pipe at the end of the Olano wharf, which would run underground to the silos. The company plans to sell cement in bulk as well as in palle...

Argentine hyperinflation costs Cementos Molins EUR11m

01 March 2019, Published under Cement News

Spain-based cement producer Cementos Molins saw a negative effect of EUR11m (US$12.5m) in its business results in 2018 due to the hyperinflation and the devaluation of Argentina, according to Spanish economic and business newspaper Expansión. Its profit fell by four per cent to EUR85m in 2018. The reduction of the Argentine’s subsidiary cash also affected the company’s debt levels, which increased by 22 per cent to EUR179m as a result of lower cash levels and investments made.

FyM to invest EUR2.5m in Malaga export hub

15 February 2019, Published under Cement News

Financiera y Minera (FyM) will invest EUR2.5m in a 4900m 2 site in the Port of Malaga to be used as a clinker and cement export hub. It intends to use pier 7 to ship clinker. Conditions for a public tender were also approved to award the occupation and exploitation of two vertical silos on piers six and seven, destined for the reception, storage and distribution of liquid bulks.