Cementos Molins sees 33% profit rise in 1Q17
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.
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Spanish demand jumps 22% YoY in March
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.
Spain: Cementos Cosmos stops cement exports
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 i...
Votorantim sees cement revenues fall 10% YoY in 2016
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 (EUR1,294...
Spanish cement market starts 2017 with good growth
Spain's cement market expanded by 4.2 per cent YoY in February 2017 when sales reached 910,252t, according to Oficemen, the Spanish cement association. However, exports fell by ...
Holcim to invest EUR900,000+ in Carboneras in 2017
Holcim has earmarked EUR900,000 to carry out a series of capex projects in 2017 at its Carboneras plant in Spain. Projects will include a system for collecting and treating rain...
The world in 2016 and outlook for 2017
This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era ...
Spanish producers adapt to survive
Spain's road back to high cement volumes seems a rather tortuous journey with Fomento de Constructions & Contratas (FCC)
FCC triples loss but cuts debt by third in 2016
Spain’s FCC closed 2016 with a net loss of EUR165.2m, trebling losses when compared with the previous year. The result was attributed to the impact of the cement business and th...
Portland Valderrivas notes 7.6% fall in turnover in 2016
Portland Valderrivas saw its turnover decrease 7.6 per cent YoY to EUR536.2m in 2016. The company recorded a net loss of EUR-120.4m, from a net profit of EUR28.6m in 2015. In ad...