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 offic...
Spain
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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.
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 launch...
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 EUR400m ...
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 inh...
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 its p...
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. EBITDA ...
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 u...
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 company ...
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 Ex...