Spanish cement consumption drops 34.7% in 1H12
Cement consumption in Spain plunged 34.7 per cent YoY to 7.2Mt in the first-half of 2012, latest data from the domestic cement association Oficemen showed and the outlook for t...
Spain
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Valderivvas presents restructuring plans to unions, Spain
Spanish cement producer Cementos Portland Valderrivas has presented its restructuring plan to trade unions which involves the part-closure of one plant. The company announced...
Brazil competition authority approves Camargo purchase of Cimpor
Brazil’s competition authority CADE has approved Camargo Correa’s purchase of a controlling stake in Portuguese cement producer Cimpor, subject to several conditions. The ma...
European construction outlook revised
The increasing perception that Greece will default and exit the eurozone together with rising fears of contagion has led Euroconstruct, a group of research institutes and consu...
Lebanon demand falls, brighter times anticipated
Despite a slowdown in current market activity, a bright future lies ahead for Lebanon’s cement industry, according to the chief of one the country's leading producers. Speak...
Eurozone April construction output falls
Construction output in the 17 nations that use the euro dropped 2.7 per cent in April compared to the month before, and five per cent from April 2011, the European Union's offi...
Spanish May cement consumption falls 37.2%
Spanish cement consumption in May plunged 37.2 per cent over the same month last year to 1.26Mt, data from the domestic cement association, Oficemen shows. For the first fiv...
CNC imposes EUR 1.28m fine on Cementos Portland, Spain
Spanish competition authority CNC has imposed a EUR1.28m fine on cement producer Cementos Portland Valderrivas for submitting incomplete information. In May 2012, the CNC laun...
Cementos Molins to cut investments in 2012, Spain
Spanish cement company Cementos Molins will cut its investments in 2012 to EUR80m from EUR120m. With the move, the firm is trying to reduce its debt, standing at almost EUR400...
Spanish cement woes continue
Spanish cement consumption continues its downward spiral with latest data showing monthly figures hitting a 46-year low as budget austerity and high unemployment continue to in...