Spain: Cementos Portland restructures debt
The refinancing of the EUR825m syndicated loan of cement producer Portland Valderrivas, a Fomento de Construcciones y Contratas (FCC) company, has been completed, reports Spaco...
Spain
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Cementos Portland reports EUR29.6m loss in 1Q16
Spain’s Cementos Portland reported a loss of EUR29.6m (US$34m) in the first quarter of 2016, 0.4 per cent less than in 1Q15 due to a recovery in sales and savings in energy cos...
Spain: Cementos Molins 1Q16 profit up 1.7%
Cementos Molins posted profits of EUR15.36m for Jan-Mar 2016, up 1.7 per cent YoY. However, sales reached EUR130.69m, 10.2 per cent down when compared with 1Q15. The busin...
Spain: cement consumption stagnates
Cement consumption in Spain has returned to the red numbers at the end of the 1Q16 with a fall of 0.5 per cent, which places the accumulated 2,565,811t in total, about 12,0...
Spain: LafargeHolcim to seek different quarry area for Sagunto
Teresa Garcia, environment councillor for the town of Sagunto, Spain, is advising LafargeHolcim to “consider other options” for a new quarry as the coveted area in Pinyal is “a...
Spanish demand up 8.4% in February
Demand for cement in Spain has grown 8.4 per cent YoY to 891,297t in February, according to the latest figures of Oficemen, the country’s cement association. According to Ani...
Spain: Cementos Molins 2015 profit up 65% YoY
Cementos Molins posted a consolidated net profit of EUR50.8m in 2015, representing a 65 per cent rise YoY. The Spanish cement producer’s overseas companies saw profits rise by ...
Weaker exports reduce clinker production at Toral de los Vados, Spain
Clinker production at Cementos Cosmos' Toral de los Vados factory in Spain declined by 10 per cent in 2015 to 600,840t. The drop in production has been mainly attributed to l...
Spain: January cement demand falls 1% in January 2016
Cement consumption in Spain slipped by one per cent YoY to 747,416t in January 2016, according to Oficemen, the country’s cement association. In light of the evolution of la...
Lafarge halts EUR20m investment in Sagunto plant, Spain
The management of Lafarge yesterday made public its decision to halt the expansion of its quarry and its plant at Sagunto, Spain, due to “the uncertainty created by the new loc...