Cemex Spain lay off 370 workers as cement consumption plummets
Cemex Spain has lodged an employment regulation (ERE) for 370 workers, 21.2% of the 1740 employees that the Mexican multinational has in the country.
Spain
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Cemex Spain mulling job cuts
Cemex’s Spanish subsidiary is considering cutting 350 and 400 jobs, a trade union official told Reuters on Tuesday. The official, who had informal talks with Cemex on the issue,...
Spain's cement consumption fall accelerates
The latest cement sales figures coming out of Spain offer little, if any, hope for the country’s cement producers that business may be picking up.
FCC gives cement unit EUR100m loan
Spanish builder FCC said on Thursday it has given its Cementos Portland unit a EUR100m (US$129m) transitory loan as part of the cement arm's refinancing agreement with its credi...
Cementos Portland acquires new unloading equipment, UK
Cementos Portland Valderrivas has invested EUR1m in a new unloader to speed up bulk discharges from ships in the port of Ipswich terminal, one of two that the group has in the U...
Cosmos ships 36,000t of clinker to Brazil
Cimpor-owned Cosmos Cement will be shipping 36,000t of clinker from its Spanish Toral de los Vados works to the Brazilian town of Recife. The shipment, which started loading on ...
Further Spanish cuts ahead
The Spanish cement sector is facing more job cuts and possible further restructuring measures as local cement consumption continues to tumble.
Spain: eight month consumption down 34.3% YoY
Spanish cement consumption for the first eight months of 2012 has declined by 34.3 per cent YoY to 9.56Mt, according to the latest data from Spanish cement association Oficemen.
Cementos Blancos leases Azuara plant to Cemex, Spain
Spanish cement producer Cementos Blancos de Aragon (CBA) has signed an agreement to lease its plant in Azuara to Cemex, according to local press reports. Through the move, CBA a...
Iberian impairments push Cimpor into a loss
Cimpor’s first half turnover declined by 5.5 per cent to €1086.8m, as the deterioration in Spain, Portugal and China could not be compensated for by improvements elsewhere.