Cement News tagged under: Spain
Argentine hyperinflation costs Cementos Molins EUR11m01 March 2019, Published under Cement NewsSpain-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 hub15 February 2019, Published under Cement NewsFinanciera 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. |
Cemex to establish distribution centre in northern Spain15 February 2019, Published under Cement NewsCemex plans to build its first distribution centre in the north of Spain at Olano Wharf. The company has applied for a 2500m 2 concession in the port of El Musel for the new centre, which will incorporate a bagging plant and silos. Cemex already has a significant presence in the country, but only has facilities in Madrid, Aragón and the Mediterranean communities from Catalonia to Andalucia, the Balearic Islands, Ceuta and Melilla. Now the company wants to copete with Tudela Veguín in the... |
Cementos Alfa plans doubling biomass use04 February 2019, Published under Cement NewsCementos Alfa, part of the Portland Valderrivas Group, has avoided the emission of 31,000t of CO 2 at its Mataporquera plant, Cantabria, in 2018 as a result of the use of 150tpd biomass as alternative fuel. Moreover, the use of the fuel, through improved energy efficiency, is enabling the company to remain competitive. In 2019 it plans to double the amount of biomass and therefore, has applied to the Spain’s General Directorate for the Environment to extend the authorisation. Output at t... |
Geocycle Albox plant processes waste to 53,000t of AF28 January 2019, Published under Cement NewsGeocycle, part of the LafargeHolcim group, produced 53,000t of alternative fuels, the highest in 10 years, at its Albox plant in Spain as it processed 49,000t of waste, up 20 per cent when compared with volumes in 2017. The company has invested a total of EUR860,000, including a new waste treatment line in Spain. It allows the company to pre-treat a range of wastes, such as plastics, rags and biomass, from the country’s Almanzora region. "With this new equipment it will be possible to avoi... |
Spain's cement demand up 9% in November22 January 2019, Published under Cement NewsSpain’s cement consumption index (IDC) noted a 9.2 per cent YoY increase in November 2018, according to the Spanish cement association, Oficemen. MoM a 2.4 per cent decrease was reported. Between December 2017 and 2018, 13.4Mt of cement was sold – 1.1Mt more than in the equivalent period of the previous year. While consumption levels remain low – similar to the level noted in 1967 – they continue to rise. “We look with optimism at the investment growth contemplated by the Ministry of Deve... |
Cement consumption in Spain up 10% in October17 December 2018, Published under Cement NewsDemand for cement in Spain has risen 10.1 per cent YoY in October, according to the country’s cement association, Oficemen. In the past year, from November 2017 to October 2018, cement demand reached 13.3Mt in Spain – up 1.2Mt when compared with the previous year period. Exports fell by 11.9 per cent in September. Data for October are yet undisclosed. |
Cement sales down in Canaries17 December 2018, Published under Cement NewsCement sales on the Canary islands decreased 2.4 per cent in November, when compared with November 2017. Sales reached 52,221t, according to the Canary Statistics Institute. Cement sales fell on the main two islands – by 15.8 per cent to 17,602t on Gran Canaria and by 0.7 per cent to 21,969t on Tenerife. Other islands reported a rise. |
Spain sees 9% rise in demand in September23 November 2018, Published under Cement NewsThe 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. |
Spain’s cement producers to be included in power support plan21 November 2018, Published under Cement NewsSpanish cement producers will be included in plans to support the power-intensive industry, which is facing rising electricity bills, according to the country’s Minister of Industry, Reyes Maroto. With this measure, the government plans to avoid new cases such as that of Cemex, which announced the closure of two of its seven cement works in the country. Cemex attributed the closure to the “increase in operating costs, mainly of fuels and electricity, the change in European CO 2 regulatio... |