Holcim to cut 35% of workforce in Spain
Holcim will have to cut 373 jobs in Spain (equivalent of 35 per cent) of its staff in the country, local press have reported. The Swiss-based major is to shut down part of it...
Spain
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Cementos Portland Valderrivas forecasts profit upturn in 2013
Cementos Portland Valderrivas of Spain expects to swing to profit in 2013 thanks to the Plan NewVal launched this year, new chairman and CEO, Juan Bejar, said on Friday. EBITD...
Spanish consumption drops 31.3% YoY
Spanish cement consumption slumped 31.3% YoY in the first-quarter of 2012, showing that the sector has entered a second recession that may be worse than the last with rates of ...
Cementos Portland to ask permission for capital hike, Spain
Spanish cement producer Cementos Portland Valderrivas will request its shareholders permission to launch a capital increase over the next five years. With the move, the compan...
Cemex exchange offer reduces debt
Cemex announced the results of its five separate exchange offers made on a private placement basis to exchange currently outstanding Euro-denominated 4.75% As a result of the E...
FCC to delay Giant Cement sale, USA
FCC is to delay the planned sale of its US-based Giant Cement Holding division while the Spanish construction major focuses on debt refinancing of Cements Portland Valderivvas,...
Cementos Portland Valderivvas debt reduction plans, Spain
Spanish cement producer Cementos Portland Valderivvas is looking to reduce debt to around EUR1bn from the current EUR1.3bn with two options on the cards. The company is look...
RDF – stored and delivered
When Cementos Molins Industrial of Spain needed a new RDF preparation, storage and transport facility, the cement producer turned to Vecoplan FuelTrack. The German firm put its...
Cementos Portland reports 2011 loss, Spain
Cementos Portland Valderrivas of Spain reported a loss of EUR327.5m for 2011 against a profit of EUR1.2m registered in 2010, local press reported. The result was explained b...
FCC may delay sale of US unit
Fomento de Construcciones & Contratas SA (FCC) of Spain may delay the sale of its US business after receiving offers below expectations, El Confidencial reports. FCC had wan...