Cement News tagged under: Spain
Spanish cement demand up 4% in November23 December 2020, Published under Cement NewsCement consumption in Spain has increased by 3.8 per cent YoY to 1,204,590t in November, according to the country’s cement association, Oficemen. Exports edged up 1.6 per cent YoY in November. In the January-November period, Spain’s cement market contracted by 1.5Mt, or 10.9 per cent to 12.265Mt. Exports declined by 5.5 per cent to 5.852Mt from 6.193Mt in 11M19. "We value positively the approval of the Statute of the electrointensive industry, a resource that we have been demanding for ... |
Spain’s cement sector targets 43% emissions reduction by 203023 December 2020, Published under Cement NewsThe Spanish cement industry has set a target to reduce its carbon emissions by 43 per cent throughout its entire value chain by 2030 when compared with the 1990 baseline, according the sector’s “Roadmap of the Spanish cement industry to achieve climate neutrality in 2050”. The target sets an intermediate objective to achieving climate neutrality by 2050. To date the sector has reduced carbon emissions by 27 per cent since 1990. To achieve this goal, Spanish cement association Oficemen has... |
Cemex España increases ownership in Cemex Latam Holdings17 December 2020, Published under Cement NewsCemex España SA is increasing its shareholdings in Cemex Latam Holdings SA (CLH), which is listed on the Colombian stock exchange, from 73.16 per cent to 92.6 per cent of CLH's paid and outstanding shares. This completes the tender offer made by Cemex España for all outstanding ordinary shares in CLH directed to all shareholders at a purchase price of COP3250 (US$0.95) per ordinary share. 108,337,613 ordinary shares were validated in the tender offer for an aggregate amount of COP352bn ... |
Cementos Cosmos invests EUR4.4m in PV plant02 December 2020, Published under Cement NewsCementos Cosmos, part of Votorantim Cimentos, plans to install a 6.2MW photovoltaic facility at its plant in Toral de Vados, Spain. The facility will consist of 14,028 solar panels and will be located on a 10ha plot near the Toral de los Vados industrial estate. The project represents and investment of EUR4.4m and when completed will supply 15 per cent of the plant’s electricity requirement. In addition, the alternative power supply will reduce the carbon emissions of the cement plant by 35... |
Spanish cement demand drops 13% in October25 November 2020, Published under Cement NewsDemand for cement in Spain has fallen 13.1 per cent YoY to 1,205,482t in October 2020, according to Oficemen. In the first 10 months of 2020, domestic consumption has decreased 12.3 per cent YoY to 11,055,411t when compared with the 10M19. “Due to its multiplier effect on the economy and employment, investment in infrastructure should play a relevant role in direct aid and in the financing that our country will receive from Europe. In Spain we have accumulated an investment deficit of mo... |
LafargeHolcim to build first CC facility at Carboneras plant02 November 2020, Published under Cement NewsLafargeHolcim will begin to build the first carbon capture facility at its Carboneras plant in Almería, Spain, at the end of the year. It will use British Carbon Clean technology and the captured carbon will be used to improve the agricultural performance of the greenhouses in the province. The installation will initially capture 10 per cent of the 700,000t of CO2 emissions by the plant, but the cement producers plans to capture 100 per cent eventually and equip its other four cement plants... |
Cementos Molins records net profits of EUR62m for 9M2002 November 2020, Published under Cement NewsCementos Molins has announced its 9M20 results, with net profits reaching EUR62m, 12 per cent less than the same period last year. In comparable terms of exchange rates and hyperinflation adjustment, net profits to September grew by 13 per cent. Profits in the third quarter (July-September) stood at EUR29m, 44 per cent higher than the same quarter last year, when the net profit was EUR21m. Cementos Molins' revenues up to September were EUR546m, representing a decrease of eig... |
LafargeHolcim and Carbon Clean to develop large-scale CCUS plant30 October 2020, Published under Cement NewsCarbon Clean announced today that it has signed an agreement in Spain with LafargeHolcim, ECCO2, and Sistemas de Calor to develop a large-scale carbon capture and utilisation plant. The project, based in LafargeHolcim’s Carboneras, Almeria, cement plant in Spain will aim to capture CO 2 emitted through the cement production process to be further transformed, cleaned and reused locally. The CO 2 will be captured from the cement plant’s flue gas and will be recycled for agricu... |
Spain's September demand advances but exports drop22 October 2020, Published under Cement NewsCement demand in Spain has declined by 11.6 per cent YoY to 9.858Mt at the end of the 3Q20, according to Oficemen, the country’s cement association. In September cement consumption edged up by 0.9 percent YoY to 1.246Mt. However, Oficemen President, Víctor García Brosa, warned against an overly optimistic outlook. “This slight positive value does not change the strongly negative trend of the year, and that, as we have already indicated, will probably cause us to close the 2020 financial y... |
LafargeHolcim expands carbon capture projects14 October 2020, Published under Cement NewsLafargeHolcim's portfolio of carbon capture projects was strengthened with the US Department of Energy's national Energy Laboratory Technology’s (DOE-NETL) announcement that it will support the LafargeHolcim CO 2 MENT Colorado project. LafargeHolcim has gathered a consortium of partners that include Svante Inc, Oxy Low Carbon Ventures LLC and Total to complete a study to assess the viability and design of a commercial-scale carbon capture facility. With DOE-NETL's finding confirmed, th... |