Tudela Veguin to invest EUR62.5m in decarbonisation measures
Cementos Tudela Veguín SA , part of Corp Masaveu , will invest EUR62.5m in energy efficiency and the use of biomass and hydrogen if it obtains funds from the EU. The plan is to ...
Spain
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Spain’s cement demand up 1% in May
Cement consumption in Spain has edged up 0.7 per cent YoY to 1,348,525t in May 2023, according the country’s cement association, Oficemen. In the first five months of 2023, the ...
Cemex and WtEnergy awarded EUR4.4m grant
The European Union has awarded Cemex and WtEnergy a EUR4.4m grant for the implementation of a novel waste-to-fuel technology utilising synthetic gas at its Alicante cement plant...
Spain’s cement market contracts 12% in April
Cement consumption in Spain dropped 11.6 per cent YoY to 1,182,325t in April 2023, according to the Spanish cement association, Oficemen. The YoY drop needs to be considered aga...
CEMEX acquires mortar plant in Spain
CEMEX has acquired a mortar plant near Madrid, Spain, as part of its ongoing strategy to increase EBITDA through bolt-on acquisitions. The new plant is equipped with the latest ...
Can CBAM create a level playing field for CO2 emissions?
This week, Eurostat released the EU cement industry statistics for 2022. There has been little change from 2021 when EU27 imports of cement and clinker totalled around 9.5Mt, bu...
Votorantim Cimentos revenue jumps 18% in 1Q23
Votorantim Cimentos has reported global revenue of BRL5.8bn (US$1.17bn) in the first quarter of 2023, up 18 per cent YoY. Adjusted EBITDA over the same period advanced by 85 per...
Cementos Molins reports 25% YoY revenue growth in 1Q23
Cementos Molins has reported revenue of EUR342m in the first quarter of 2023, up 25 per cent YoY. According to the company, sales have improved across all businesses and regions...
Spanish cement demand up 24% in March
Cement consumption in Spain increased 23.5 per cent YoY to 1.4Mt in March 2023, according to Oficemen. The significant market growth in the third month was attributed to the low...
Cementos Molins acquires Tecnoresil
Cementos Molins has acquired 100 per cent of Tecnoresil, a company that manufactures and distributes chemical products for industrial and decorative flooring, through its constr...