Cement News tagged under: Spain

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Oficemen: full-year cement demand in Spain expected 3% down

20 December 2016, Published under Cement News

Cement demand in Spain edged up 0.6 per cent YoY in November to 1,008,191t, according to the country's cement association, Oficemen. In the January-November period, consumption fell three per cent YoY to 10.336Mt. The association expects full-year domestic cement sales to be down three per cent when compared to 2015. "The electricity price has risen more than 80 per cent from April to October and leaves us at the edge of the abyss in the international markets," explains the CEO of Oficeme...

Spain: demand sees 7% YoY decrease in October 2016

18 November 2016, Published under Cement News

Cement consumption in Spain fell 7.2 per cent YoY in October to 936,568t, according to the Spanish cement association, Oficemen. For the first 10 months of 2016, cement demand has fallen by 3.4 per cent YoY to 9,328,077t – 324,831t less than in 10M15. Oficemen expects full-year cement consumption to fall by over three per cent.

Cemtech's 25th Anniversary Conference & Exhibition

02 November 2016, Published under Cement News

Cement professionals from over 40 nations gathered at The Westin Palace, Madrid, to celebrate Cemtech’s 25th Anniversary on 18-21 September. Following major events staged in Dubai and Manila earlier this year, this final celebration marked another successful year of growth for the industry’s leading independent cement conference. Delegates settle down to the first morning presentations in the conference hall Cemtech conferences now span the globe, with annual events in Europe, M...

Portland Valderrivas board approves Giant 55% sale to Elementia

31 October 2016, Published under Cement News

The board of Spain’s Cementos Portland Valderrivas has formally approved the sale of a 55 per cent stake in its US unit Giant Cement Holding to Mexico’s Elementia, owned by Carlos Slim, who owns a 35.6 per cent holding in the Mexican company via his Grupo Carso. The deal includes a US$220 capital increase in Giant with subscription rights granted to Elementia, who will extend a loan of US$305m to the US unit. Giant’s parent company, FCC, has also given the go-ahead. Slim’s holding com...

Spain: Portland Valderrivas quadruples 9M loss

25 October 2016, Published under Cement News

FCC subsidiary Cementos Portland Valderrivas of Spain reported a EUR233.3m loss in the first nine months of 2016, quadrupling its loss noted in 9M15. Revenues stood at EUR429.3m, 1.6 per cent below Jan-Sep 2015, as a result of shrinking markets in Spain and Tunisia, according to the company’s filing with the National Market Commission (CNMV). Cement sales advanced 1.7 per cent, aggregates by 30.8 per cent and mortar by 2.8 per cent, but concrete sales were down 23 per cent. However, EB...

Spain sees demand fall 3.4% in September

14 October 2016, Published under Cement News

Spanish cement consumption contracted 3.4 per cent in September to reach 973,047t, according to the country’s cement organisation, Oficemen. In the January-September 2016 period demand slipped 2.9 per cent to 8.4Mta. Oficemen CEO, Aniceto Zaragoza, has insisted that the situation remains “very delicate” for the sector and he does not expect the situation to change in the next few months. The association emphasised that investment recovery in infrastructure should be a political priorit...

Votorantim

13 October 2016, Published under Cement News

The Votorantim Cementos Spanish subsidiary Cementos Cosmos is to restart cement production at its Oural works in Galicia (Spain) in 2017 following a four-year closure.  This is expected to lead to the creation of 40 direct jobs, 50 indirect jobs and a further 300 indirect employment opportunities. 

Votorantim

05 October 2016, Published under Cement News

The Votorantim Cementos Spanish subsidiary, Cementos Cosmos, is to restart cement production at its Oural works in Galicia (Spain) in 2017 following a four-year closure. This should lead to the creation of 40 direct jobs, 50 indirect jobs and a further 300 indirect employment opportunities.

Spain: Cementos Cosmos Oural plant to open next year

23 September 2016, Published under Cement News

Following the decision to reopen the Oural plant in Galicia, Spain, operated by Votorantim Cimentos-owned Cementos Cosmos, after a four-year stop and previously earmarked for closure, the works is scheduled to restart production next year. The reopening of the plant is expected to lead to 40 new jobs at the site in addition to 50 fixed subcontracts and 300 indirect jobs. Some 1800 job applications for the first 25 posts, which include electrical and electronic technicians, mechanical and c...

Spain's cement demand resumes growth

15 September 2016, Published under Cement News

Spanish cement consumption increased 3.2 per cent to 930,593t in August when compared with August 2015, according to the country’s cement association, Oficemen. The developments breaks a five-month stint of market contraction. In the first eight months of the year, cement demand has slipped 2.8 per cent to 7.419Mt. "Data from the summer confirm the sector’s new entry into recession, severely affected by the fall in investment in public works, which has already been noted in the decrea...