Alfonso Gallardo Group sells cement business
Alfonso Gallardo Group is to sell its cement and paper business to focus on the iron and steel sector to ensure its viability, according to a statement by the group. The compan...
Spain
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EC to investigate Cemex and Holcim Spanish deal
The European Commission said on Wednesday it is investigating plans by Cemex and Holcim over a Spanish deal because of competition issues. "The Commission has concerns that t...
Basque Aguinaga family resigns from Portland Valderrivas board
The investment company Cartera Deva, controlled by the Basque Aguinaga family, has resigned as member of board of Cementos Portland Valderrivas, a subsidiary of FCC. The ste...
Spain: cautious outlook maintained
Cement demand in Spain registered its first monthly growth since the recession started as it reached 875,000t in March, up 16 per cent YoY, according to Oficemen data. Howeve...
Cemex to appeal Spanish fine
Cemex said Spanish tax authorities have fined its Spanish subsidiary EUR455m (US$620m) following an audit of the unit's tax returns for the years 2006 through 2009. Cemex ...
Holcim Spain issues new ERE
Holcim Spain has presented a new record of employment regulation (ERE) that will affect 141 staff. While Holcim is reported by construction organisation Fecoma to have plans...
FCC to increase stake in Cementos Portland to 78%
FCC will increase its participation in Spain-based cement producer Cementos Portland from 69.8 to 78 per cent. The transaction will be carried out by a capital increase of EUR1...
Mexico and Argentina impact 2013 Molins results
The market contraction in Mexico and a devaluation of the Argentine peso impacted the annual results of Cementos Molins. The Spanish company saw profit fall by 77 per cent to ...
Cemex closes 2013 with zero accidents in its Spanish works
Cemex celebrated the end of 2013 with a zero-accident rate in its 65 Spanish work sites. The company attributes the success to its “Zero Accident” campaign, started in 2007. In...
Cementos Cosmos restarts Toral kiln, Spain
After a two-month shutdown and an investment of around EUR2m, Cementos Cosmos has lit the kiln at its Toral de los Vados plant following an upgrade project. The works were ...