Spain: Portland Valderrivas quadruples 9M loss
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.
Spain
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Spain sees demand fall 3.4% in September
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...
Votorantim
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.
Votorantim
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 sh...
Spain: Cementos Cosmos Oural plant to open next year
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 cl...
Spain's cement demand resumes growth
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...
Cementos Molins applies to raise tyre use
Recognising the need to increase its use of tyres as fuel to fire its kiln, Cementos Molins is applying to extend its licence. Initially, Catalonia’s provincial government autho...
Spain: Cementos Portland improves loss
Cementos Portland reported a loss of nearly EUR36.8m (US$40.5m) in the first half of 2016, a 7.9 per cent YoY improvement when compared with the EUR39.9m loss in 1H15. EBITDA im...
Spain: FCC refinances Portland Valderrivas debt
In the restructuring of the group, Spain’s FCC plans to refinance the syndicated debt of Cementos Portland Valderrivas (CPV), in which it owns a 77.9 per cent stake. Funds from ...
Spain: consumption decreases 2.3% in 1H16
Cement sales in Spain slipped by 0.9 per cent to 1,048,116t while for 1H16 they fell 2.3 per cent to 5,525,720t. The continued fall in demand is attributed to the lack of constr...