Cement News tagged under: Cementos Molins
Cementos Molins unveils new corporate identity20 May 2024, Published under Cement NewsCementos Molins has unveiled its new corporate identity with the new brand consolidating the company's various existing commercial brands in Spain under a single identity. Aligned with the new identity, Molins launches Susterra, its new range of sustainable solutions. The company is consolidating its commercial brands in Spain including, Cementos Molins Industrial, Promsa, Propamsa, Pretersa-Prenavisa and Precon under a single identity that represents a wide range of products and solut... |
Cementos Molins closes 1Q24 with 38% net profit hike30 April 2024, Published under Cement NewsCementos Molins SA saw revenues slip to EUR336m in the 1Q24 due to the decline in activity in Argentina only being partly offset by increases in most businesses and regions. EBITDA picked up by five per cent YoY to EUR90m thanks to the contribution of the company’s businesses in Europe, Mexico and North Africa. Selling prices delivered a net contribution when compared with costs and the positive impact of efficiency plans also contributed to the upward trend in EBITDA. On the downside, l... |
Cementos Molins appoints new CEO08 March 2024, Published under Cement NewsCementos Molins has appointed Marcos Cela as the new CEO. He succeeds Julio Rodríguez, who has held the job for the last nine years. The change comes after Rodríguez’s request to resign from his duties as the company's chief executive officer, and will be effective as of end of June, following the Shareholders Annual General Meeting, when Mr Cela’s appointment is to be officially confirmed. The change in the company’s leadership is the result of a carefully-planned process that took plac... |
Cementos Molins reports record results in 202329 February 2024, Published under Cement NewsSpain-based Cementos Molins closed 2023 with revenues of EUR1349m, up six per cent YoY with gains across all businesses and regions as sales increased and price management impacted positively on the company’s results. EBITDA advanced 22 per cent YoY to EUR337m thanks in particular to the contribution of the company’s Spanish and Mexican operations. Higher volumes, successful efficiency plans and increases in selling prices all played a role in improving the operational result. However, the... |
Cementos Molins launches low-carbon Dragon cements23 February 2024, Published under Cement NewsCementos Molins ’ newly-launched cements and concretes represent a reduction in CO 2 emissions of up to 25 per cent compared to products made with the current Type I cement of the same strength category. The company is introducing two innovative solutions, DRAGON BM-PL (CEM II/B-M (P-L) 42.5R) and DRAGON IV-SR (CEM IV/A (P) 42.5 R-SR), which offer various applications in the construction sector. The former is for the production of concrete and mortars, while the latter is suitable for u... |
Cementos Molins appoints Javier Sueiras as CIO20 February 2024, Published under Cement NewsSpain-based Cementos Molins has named Javier Sueiras as its new Chief Information Officer (CIO). Mr Sueiras will lead the IT Solutions and Services area, focussing on promoting strategic technology and digital initiatives. His responsibilities includes the development and implementation of new processes and advanced technological solutions to enhance different areas of Cementos Molins, improving customer experience and operational efficiency. He graduated as an industrial engineering a... |
Key producers collaborate on new carbon capture technology14 December 2023, Published under Cement NewsHolcim , SCG-CGS , Cementos Argos and Cements Molins are collaborating with Nuada, a pure-play carbon capture company, on a next-generation carbon capture technology designed to deliver low-carbon cement. The technology involves the construction of energy-efficient filtration machines that capture CO 2 from industrial off-gases, enabling hard-to-abate sectors to reduce they carbon footprint with minimal impact on their bottom line. It combines advanced solid adsorbents (Metal Organ... |
Cementos Molins signs sustainability-linked loan16 November 2023, Published under Cement NewsCementos Molins of Spain has signed a second novation of its sustainable syndicated financing, which was originally formalised in 2019 with a first novation completed in 2021. This second continues to be classified as a "sustainability-linked loan" and extends the maturity by another two years until December 2028, maintaining the amount to EUR300m divided between a term loan of EUR75m and a revolving credit facility of EUR225m. All other terms and conditions also remain unchanged. The ... |
Cementos Molins posts revenues of EUR1079m in 9M2331 October 2023, Published under Cement NewsCementos Molins has announced its financial results for the first three quarters of 2023, achieving revenues of EUR1079m, up 13 per cent compared to same period in 2022. The company reached sales growth across all business segments and most regions. On a LfL basis, revenues rose by 34 per cent. EBITDA reached EUR278m, representing a 33 per cent increase compared to the same period last year. This improvement is driven mainly due to the positive impact of higher volumes, the company’s... |
Alternative fuel plant achieves 75,000t of valorised waste in first-year24 October 2023, Published under Cement NewsCementos Molins celebrates the first year of operation of its alternative raw materials plant, located within its facilities in Barcelona, Spain, with a significant milestone. The company has announced that the plant has successfully valorised more than 75,000t of non-hazardous construction and demolition waste, as well as other non-hazardous industrial waste, in its first anniversary. Cementos Molins ' alternative raw materials plant, which covers an area of over 3250m 2 , was inaugurat... |