Spain

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, accordi...

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 ventur...

EC extends deadline for Cemex decision

Spanish consumption woes continue

Spain's cement consumption fell two per cent YoY to 967,790t in June, according to the latest data from Oficemen, the country's cement association.

European Commission objects to Spanish deal

The European Commission, the antitrust regulator in Europe, has objected to plans by Cemex to acquire Spanish units held by Holcim. However, a source told Reuters last week that...

Spain: May cement demand down 2.9%

Cement consumption in Spain reported a 2.9 per cent drop in May to 978,688t, which is 28,849t less than the same month of last year, domestic cement association, Oficemen has said.

Cementos Molins expects return to profit

Cementos Molins expects to be back in the black in Spain thanks to the deceleration of the market slowdown in the country and the development of its business in Mexico. Full-yea...