Cement News tagged under: Spain

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UNACEM acquires Cementos La Union's operations in Chile

11 October 2021, Published under Cement News

Spain-based Cementos La Unión has closed a deal to sell its operations in Chile to UNACEM, following approval from the National Economic Prosecutor of Chile (FNE) last March. The transaction is valued at US$23m, which includes both the value of the purchase and the existing debt of the subsidiary.  The acquisition will see the transfer of a 300,000tpa grinding and packing plant located in San Antonio, Valparaíso region, as well as two concrete plants.

HeidelbergCement divests Spanish assets to Cemex

05 October 2021, Published under Cement News

HeidelbergCement pushes forward its portfolio optimisation programme, and has signed agreements to sell its regional aggregates and ready-mixed concrete businesses in the regions of Catalonia, Madrid and Asturias as well as its ready-mixed concrete business on the Balearic Islands to different buyers. The assets acquired by Cemex from HeidelbergCement include a limestone quarry with a waste management operation serving Madrid and three concrete plants in the Balearic islands.    Di...

Oficemen appoints new president

04 October 2021, Published under Cement News

José Manuel Cascajero Rodríguez, president of Cemex España Operations, has been elected president of Oficemen. He succeeds Victor García Brosa. He will lead the Spanish cement sector’s initiatives to address the challenges highlighted by the COVID-19 pandemic. “The Spanish cement industry has once again demonstrated, since the beginning of the pandemic, its essential character for the maintenance and recovery of our economy. Today, more than ever, the Spanish cement sector plays a key role...

Spanish cement consumption rises 13% in 8M20

01 October 2021, Published under Cement News

Cement consumption in Spain has grown by 13 per cent YoY in the first eight months of the year, reaching 9,581,951t, says Oficemen, Spain's cement association. In the current scenario, Oficemen estimates that the year will close with growth of nine per cent, when compared to 2020. This would consumption to reach 14.6Mt, similar to the 14.72Mt reported for 2019, the last year not affected by restrictions due to the COVID-19 pandemic. The forecasts for 2021 would be in line with t...

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...

Spanish cement exports increase 36% YoY in June

15 July 2021, Published under Cement News

Spanish cement exports have seen growth slow to 35.9 per cent YoY to 3.8Mt in the first half of 2021, down from 38.2 per cent in the 5M21, according to Spanish cement association, Oficemen. In June 2021 alone the country exported 684,266t of cement, representing a YoY advance of 23.5 per cent. "Although we celebrate the recovery of exports, after the drop below 6Mt in 2020, the truth is that, in our opinion, the instability of international markets due to the incidence of the pandemic cont...

1H cement demand in Spain sees 17% rise

14 July 2021, Published under Cement News

Cement consumption in Spain increased 17.3 per cent YoY to 7,309,916t in the first half of 2021, according to Spanish cement association, Oficemen. When compared with the 1H19 demand dipped 1.4 per cent. The positive trend in demand has been due to high sales in June 2021, which registered the highest volume since June 2011. A total of 1,389,619t of cement were sold in Spain, representing advances of 4.7 and 9.3 per cent when compared with the same month in 2020 and 2019, respectively. “...

Cemex completes Buñol cement plant sale

12 July 2021, Published under Cement News

Cemex has announced that it has successfully closed the previously announced sale of its white cement business, including its Buñol cement plant in Spain, to Çimsa Çimento Sanayi Ve Ticaret AS, for a total consideration of approximately US$155m. Cemex will retain its white cement assets, business activities and investments in Mexico and the United States, as these are not part of the announced divestment. Proceeds from this divestment will be used primarily to fund the company’s bolt-o...

EU economic recovery threatened by building material shortages

09 July 2021, Published under Cement News

European construction executives are increasingly concerned that the building material shortage and higher material prices could undermine the EU's flagship EUR800bn Economic Stimulus Plan (ESP). The Construction Industry Federation (FIEC) has reported that cement prices have increased by 10 per cent in a single month, timber prices were up 20 per cent and bitumen prices have risen 15 per cent in three months. Market analysts suspect that the higher building material prices, product shortage...

Votorantim Cimentos set to acquire Cementos Balboa

30 June 2021, Published under Cement News

Votorantim Cimentos, through its Spanish subsidiary Corporación Noroeste, has entered into an agreement for the full acquisition of Cementos Balboa. Cementos Balboa has an integrated plant in Alconera, southwest Spain, with an installed production capacity of 1.6Mta. "This transaction, which I am pleased to announce today, exemplifies our growth and positioning strategy in Spain, strengthening our current footprint in the country", said Marcelo Castelli, Global CEO of Votorantim Cimentos....