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, ...
Spain
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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.
RDF – stored and delivered Premium
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 by th...
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 wanted ...
Cementos Portland Valderrivas appoints new executive chairman
The Board of Directors of Cementos Portland Valderrivas, Spain’s largest cement producer, has approved the appointment of Juan Béjar Ochoa as executive chairman of the group. Mr...
Spanish consumption falls to 1987 levels
Spanish cement consumption fell to 1.1Mt in January 2012, representing a 23.5 per cent decline than the same month of last year, latest figures from Spanish cement association O...
Readymix considers Cemex Espana offer
A sub-committee of the board of Readymix is considering Cemex’s EUR9.5m offer to by the outstanding 40 per cent of the company it does not own via its Spanish subsidiary. The Ir...
Holcim acquires stake in Cementval Building Materials, Spain
Holcim has acquired a 19.99 per cent of the new venture Cementval Building Materials. The remaining 80.01 per cent is in the hands of Corporation F. Turia.
Cementos Lemona temporary downsizing of operations, Spain
Cementos Lemona of Spain has presented a 161-day downsizing programme for its 123 members of staff its plant in Lemona, Biscay province, Finanzas reports. This is in light of a ...