Cementos Portland considers Spanish plant closure
Cementos Portland is considering the closure of one of its plants in Spain, due to the continued downturn in the Spanish cement market. Juan Bejar CEO of the company’s majority ...
Spain
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Spain's February consumption down 25%
The downward trend in Spanish cement demand shows no signs of abating as cement consumption in fell 25 per cent in February, the latest data by domestic association Oficemen shows.
Cementos Molins to reduce workforce
Spain-based cement producer Cementos Molins is to cut 56 jobs at its St Vicenc dels Horts works due to the ongoing crisis in the domestic construction market. The cutbacks will ...
Italcementi incurs substantial trading losses in Italy and Spain
Italcementi has reported a 2012 trading loss compared to a profit in 2011 as the Italian cement major incurs substantial losses in its domestic market and Spain. Italian prices,...
Cementos Portland books capital gain from stake swaps, Spain
Spain-based cement producer Cementos Portland Valderrivas has booked a capital gain of EUR115.6m following the asset swap of its shareholding in Cementos Lemona for Cementos Uni...
CRH and Cementos Portland Valderrivas confirm asset swap agreement
CRH plc and Cementos Portland Valderrivas SA have reached agreement on an asset swap in relation to certain Spanish assets, effective immediately. The deal involves operations i...
Spain’s cold spell continues as January demand drops 21.5% YoY
Spanish cement producers have had a frosty start to the year as cement consumption continues to fall. January 2013 data show a 21.5 per cent decrease to 892,783t from 1.138Mt re...
Cementos Molins cuts back in Spain while expanding in foreign markets
As the Spanish construction crisis shows no sign of abatement, Cementos Molins expects to continue the adjustment in its Spanish workforce. The company’s vice-president and CEO ...
Portland Valderrivas explores sale of Cemento Lemona to CRH
Spain’s Cementos Portland Valderrivas is currently considering the sale of its Basque subsidiary Cementos Lemona to the Irish multinational CRH.
Spanish demand sees largest drop for over 70 years
Cement consumption in Spain has seen its full-year figures for 2012 fall even further than the pessimistic forecasts predicted by Oficemen in December.