Cement News tagged under: Spain
Holcim acquires stake in Cementval Building Materials, Spain02 February 2012, Published under Cement NewsHolcim has acquired a 19.99 per cent of the new venture Cementval Building Materials. The remaining 80.01 per cent is in the hands of Corporation F. Turia. The Valencian Turia Group and Holcim Spain have maintained an association of almost two years in Cementval, (51 per cent by Turia and 49 per cent by Holcim Spain) until last December On 23 January, Holcim acquired its additional stake in the new Cementval set-up. Turia will retain control and management of Cementval, keeping Sebasti... |
Cementos Lemona temporary downsizing of operations, Spain23 January 2012, Published under Cement NewsCementos Lemona of Spain has presented a 161-day downsizing programme for its 123 members of staff its plant in Lemona, Biscay province, Finanzas reports. This is in light of a 40 per cent decline in production between 2007 and 2010. With the readjustments the company hopes to adapt to current market conditions. In 2011, the company had 166 days of production stoppage due to lower cement demand but to-date had not adjusted its labour. The company said it is not seeking to reduces wage... |
Spanish firms to pay fine on northern cartel16 January 2012, Published under Cement NewsA number of Spanish cement companies have been imposed with a fine worth over EUR11.09m by Spanish competition watchdog, CNC, for setting up a cartel in northern Spain. Cements Portland was ordered to pay a fine of EUR5.72m, followed by Beriain (EUR2.5m), Cetya (EUR1.14m), Vresa (EUR959, 277) and Cemex Espana (EUR502, 283), Cinco Dias reported. |
Spanish full year cement consumption falls 17.2%13 January 2012, Published under Cement NewsSpain has witnessed a double-digit decline in full year 2011 cement consumption of 17.2 per cent to 20.2Mt compared to 24.5Mt in 2010, latest data from Oficemen shows. Cement production, meanwhile, fell by 16 per cent to 22Mt and clinker output was down 14.2 per cent to 18.2Mt. Exports of 3.8Mt were similar to those registered in 2011, while imports were down 39.2 per cent. Regionally, the decline in cement consumption was more pronounced in Catalonia and the West (-21.3 per cent and 2... |
Cementos Portland announces two board members, Spain13 January 2012, Published under Cement NewsSpanish cement producer Cementos Portland Valderrivas has approved the nominations of Juan Bejar and Jose Manuel Burgos as board members. They will replace Rafael Martinez-Ynzenga Canovas del Castillo and Feliciano Fuster. Juan Bejar currently occupies the post of executive chairman at domestic motorway operator Globalvia. Jose Manuel Burgos, in turn, is a vice-chairman at real estate firm GMP. |