Matteo Rozzanigo new FYM CEO
Matteo Rozzanigo has been appointed as CEO of FYM, Italcementi’s Spanish subsidiary. He is tasked with positioning the company in a cement market, which is expected to stabilis...
Spain
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Spain: September demand up 6.1%
In September, Spain’s cement consumption rose 6.1 per cent YoY to 959,150t, according to the latest figures issued by Oficemen, the country’s cement association. Spain’s cem...
Cemex reaches agreement regarding Alcanar, Spain
Cemex has reached an agreement with the Santi Vila authorities to keep running its Alcanar works in Tarragona, Spain. In return the Generalitat commits to dredge the port of B...
Spanish watchdog initiates preliminary inspection
The Spanish competition watchdog Comisión Nacional de los Mercados y de la Competencia (CNMC) has carried out inspections at the headquarters of companies that produce cement, ...
Spain’s cement market contracts 3% in August
Spain’s cement consumption fell by a further three per cent in August 2014 to 819,249t. In the first eight months of 2014 domestic demand registered a two per cent YoY fall to ...
FCC to transfer rescue funds to Portland Valderrivas
Spanish builder Fomento de Construcciones & Contratas SA (FCC) is to help its cement unit Cementos Portland Valderrivas make a debt payment by transferring rescue funds, accord...
EC clears Holcim and Cemex Spanish deal
The European Commission (EC) has cleared, under the EU Merger Regulation, the proposed acquisition of Holcim’s Spanish operations by Cemex, the last of three transactions under...
Cemex expected to receive EU clearance for Holcim Spain assets
European Union antitrust regulators are expected to approve Cemex’s bid to acquire Holcim’s Spanish units without requiring concessions from the Mexican producer, a source told...
Molins and Votorantim to control Bolivia's Itacamba
Cementos Molins of Spain plans the acquisition of a majority stake in Bolivia's Cementos Itacamba. The purchase is expected to take place via Spain-based Yacuces, a joint ventu...
EC extends deadline for Cemex decision
The European Commission has extended the deadline for its decision on whether to clear or block the deal from 5 September to 12 September 2014. A source told Reuters e...