Cement News tagged under: Spain
Spanish cement demand falls 5% in August05 October 2020, Published under Cement NewsCement consumption in Spain declined 5.1 per cent YoY in August 2020, following a 3.4 per cent drop in July, according to the country’s cement association, Oficemen. Exports have expanded, with a growth of 11-14 per cent in July and August. “The moderation of the falls in July and August makes sense if we remember that these are data that are compared with those of the second half of 2019, when cement consumption returned to the red for several months, finally closing the calculation from ... |
Sabanci to restructure white cement business01 October 2020, Published under Cement NewsTurkey's Sabanci Holding has announced that it will be restructuring its white cement business unit by merging its financial power and the operational capability of its Çimsa subsidiary, according to a statement. As such, it is planning to incorporate a company in the Netherlands, Cimsa Sabanci Cement BV (CSC BV), in which Sabancı will hold 60 per cent of the total equity shares while the remaining 40 per cent will be held by Çimsa. It will then sell the shares of Çimsa's international wh... |
Cemex España seeks authorisation for Cemex Latam public offering08 September 2020, Published under Cement NewsCemex España has requested the authorisation of the Financial Superintendency of Colombia (SFC) to begin a public offering of every ordinary and outstanding share of Cemex Latam registered in the National Register of Securities and Issuers of Colombia and the Colombian Securities Exchange. The public offering is expected to be addressed to all Cemex Latam shareholders, with the exception of those owned by Cemex España or Cemex Latam. The bid review is estimated to take between 2-4 weeks. ... |
Spain: drivers for development02 September 2020, Published under Cement NewsIn 2019 Spanish cement consumption registered its third consecutive year of recovery but the impact of COVID-19 has now brought fresh uncertainty. Despite the demand situation, Spanish cement association, Oficemen, discusses how the domestic sector continues to evolve and is finding ways to lay the groundwork for future development. By Oficemen, Spain. Despite the impact of COVID-19 on the Spanish cement industry, the sector is focussed on its future, supported by a drive to includ... |
Spain's cement demand falls 17% in 1H1921 July 2020, Published under Cement NewsCement consumption in Spain declined 16.5 per cent to 6.1Mt in the first half of 2020 when compared with the 1H19, according to Oficemen, the country’s cement association. The association attributes the fall to the halt in construction works due to the coronavirus pandemic. "In June, many of the works paralysed during the confinement, for example, real estate developments, were resumed, but the monthly positive data should not make us think of a recovery in the sector," explains Oficemen p... |
Votorantim reduces production at Oural15 July 2020, Published under Cement NewsVotorantim-owned Oural cement plant in Spain will considerably reduce its cement production as a result of falling demand from the construction sector due to the COVID-19 pandemic. The cement producer has seen a significant fall in its sales in Spain and industry sources expect the sector to see a decline of 20 per cent for the full year. The decision will see a reduction in the production of clinker in particular as the company will continue to bag and distribute cement as the market requi... |
University of Seville and FLACEMA sign power cost research collaboration30 June 2020, Published under Cement NewsThe University of Seville and the Andalusian Labour Foundation for Cement and Environment (FLACEMA), Spain, have signed a scientific collaboration agreement to launch an industrial research project into a tool to optimise the electricity cost of cement plants using artificial intelligence (AI). Power accounts for around 18 per cent of total production costs in Spanish cement plants, significantly eroding their competitiveness on the global market. The research, which has seen significant... |
Cemex cancels El Musel project due to COVID-1930 June 2020, Published under Cement NewsCemex is cancelling its terminal project that would see the company import 150,000tpa of cement via the Ingeniero Olano dock in El Musel, Gijón, Spain. In February 2019 Cemex applied for a concession at the Olano quay to unload cement to build two storage silos and a bagging plant, representing an investment of approximately EUR5m. Forecasts at the time expected 50,000t of cement to be imported in the first year to 150,000t from the sixth year. The concession was granted after 10 months. ... |
Isidoro Miranda elected new FLACEMA president26 June 2020, Published under Cement NewsLafargeHolcim’s general director in Spain, Isidoro Miranda, will succeed Pedro Carranza as president of the Andalusian Labour Foundation for Cement and the Environment (FLACEMA), Spain. Mr Miranda was formerly president of the Spanish cement association, Oficemen, and is currently vice president of CEMBUREAU, the European cement association. He replaces Pedro Carranza, CEO of Cementos Portland Valderrivas, who took office in June 2019. Mr Miranda started his professional career at Lafarg... |
Spain’s demand for cement contracts 18% in May23 June 2020, Published under Cement NewsCement consumption in Spain has fallen 17.8 per cent YoY to 1.144Mt in May as construction works halted in April due to the COVID-19 pandemic, according to Oficemen, the country’s cement association. However, cement exports increased 11 per cent YoY while imports fell 55.6 per cent YoY. In May output from domestic cement plants. declined 5.6 per cent YoY to 1.4Mt, when compared with 1.5Mt of cement manufactured in May 2019. January-May 2020 In the year to date, cement production droppe... |