Cement News tagged under: Spain

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Sergio Martínez new plant manager at Holcim Carboneras

17 July 2017, Published under Cement News

LafargeHolcim España has appointed Sergio Martínez Hernández as new plant manager at the company’s Carboneras plant. With more than 24 years of experience in the company, Mr Martínez Hernández joined Holcim in 1993 after completing his industrial engineering degree at the ETSII in Madrid, Spain. Since the incorporation of Holcim into the LafargeHolcim Group, Martínez Hernández has been developing his professional career assuming different responsibilities as head of maintenance, head of pr...

Positive trends in European construction recovery

14 July 2017, Published under Cement News

The recovery in European construction activity appears to be making progress with improvements being seen in the housing segment in some key markets, while civil engineering activity is expected to pick up going forward. Eurostat's construction index shows that the downturn in activity for construction within the EU-28 brought on by the global financial crisis lasted longer than for the industry sector. Despite occasional short-lived periods of growth, the index of production for construct...

Spain’s cement consumption increases 11% in 5M17

11 July 2017, Published under Cement News

Cement consumption in Spain has increased 10.8 per cent YoY to 4,887,751t in the first five months of the year, according to Oficemen, the country’s cement association. A significantly-improved growth rate in May of 15.3 per cent has seen the latest monthly figure reach 1,101,046t and offset the decrease seen in April. If the current growth rate is maintained, it is expected that full-year demand will reach 12.3Mt. However, date for the rolling year from June 2016 to May 2017 show a m...

Cementos Molins President passes away

26 June 2017, Published under Cement News

President of Cementos Molins, Casimiro Molins Ribot, passed away aged 97 on 25 June in Barcelona, Spain. He had been member of the company board of Sant Vicenç dels Horts for 71 years. In 1945 Mr Molins Ribot was appointed Board member and Secretary to the cement company which his grandfather, Juan Molins Parera, founded and led the Board since 1972. He was appointed President in 1986. Under his leadership, Cementos Molins consolidated the diversification of its business and its inter...

Spain's cement market contracts 2.3%

23 May 2017, Published under Cement News

Cement demand in Spain fell 2.3 per cent YoY to 917,152t in April, according to data by Oficemen, the country’s cement association. Exports decreased by 5.5 per cent YoY, just surpassing the 0.76Mt mark. In the first four months of the year, domestic consumption increased 9.6 per cent when compared with 4M16, reaching 3,786,705t. However, exports declined 8.6 per cent to 2,855,090t. "The fall in consumption has been motivated, in part, by the calendar effect, since this year in April ...

Cementos Molins to raise capacity by 4.4Mta

09 May 2017, Published under Cement News

In the next three years Cementos Molins plans to invest EUR350m to increase its capacity by 4.4Mta. The company currently has projects in Argentina, Colombia and Bangladesh. In Argentina the company will invest EUR100m in its joint venture with Votorantim, Cementos Avellaneda. The sum represents about half the investment required to add 0.2Mta at the Olavarría unit this year and expand capacity at the San Luis works to 0.9Mta by 2019.  Meanwhile, in Colombia Cementos Molins and its pa...

Cementos Molins sees 33% profit rise in 1Q17

03 May 2017, Published under Cement News

Spain's Cementos Molins saw its profit rise 33.2 per cent YoY to EUR20.5m in the first quarter of 2017 due to an increase in sales and a positive trend in prices. However, net profit, which reached EUR1.2m, was negatively affected by currency depreciation, particularly the Mexican peso. Revenues advanced 20.6 per cent YoY to EUR194.1m while gross operating profit rose 27 per cent YoY to EUR49.4m. The company attributes this to he rebound in sales and prices, "despite the fact that pro...

Spanish demand jumps 22% YoY in March

21 April 2017, Published under Cement News

Cement consumption in Spain soared 21.5 per cent YoY in March to 1.1Mt as the housing sector showed some recovery, according to Oficemen, the country’s cement association. In 1Q17 Spanish cement demand increased 14.1 per cent YoY to 2.86Mt, resulting in the best first quarter of the last five years. At the end of last year, consumption fell 3.1 per cent YoY and was at an historical low. These data are being met with "optimism", but with "caution", given the "absolute low starting valu...

Spain: Cementos Cosmos stops cement exports

20 April 2017, Published under Cement News

Cementos Cosmos is ceasing cement exports from its Niebla plant. The company has attributed the move to rising petcoke prices that are eroding the competitiveness of the works in the international market. However, the company has been undertaking steps to increase its use of alternative fuels to 20 per cent of the fuel mix. This would allow the plant to reduce its EUR7m fuel bill. Votorantim, who owns the cement company, is currently waiting for the necessary changes to be made to the Gen...

Votorantim sees cement revenues fall 10% YoY in 2016

19 April 2017, Published under Cement News

Votorantim, formerly Votorantim Industrial, generated a turnover 8.7 per cent lower at BRL26,738m (EUR8046m) and EBITDA declined by some 38 per cent to around BRL4300m (EUR1,294m) in 2016 when compared with 2015. Although the net interest charge declined by 9.9 per cent to BRL1731m, there was a net loss of BRL1295m compared with a the net profit fell of BRL387m (EUR116.5m). Group capital expenditure was 6.2 per cent lower at BRL3031m (EUR912m), of which cement represented BRL27.3m. Brazil...