Cement News tagged under: Spain
Weak first quarter for Spanish cement02 May 2024, Published under Cement NewsCement consumption in Spain dropped a notable 23.6 per cent YoY in March 2024, to 1.102Mt, down from 1.144Mt in March 2023, according to the Spanish cement association, Infocemento. Infocemento notes two downward drags on the sector during the month: “On the one hand, the calendar effect, having more festive holidays than previous years due to the celebration of Holy Week in March instead of April; and on the other, the rain effect, since last month's precipitation doubled the usual, with Ma... |
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... |
CEMEX receives EUR4.8m to reduce natural resource use03 April 2024, Published under Cement NewsSpain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has awarded a EUR4.8m (US$5.2m) to CEMEX España as part of its Strategic Project for the Recovery and Economic Transformation (PERTE) of the Circular Economy to improve the circularity of its processes. The grant represents 35 per cent of the approved EUR13.7m budget to develop and implement the “L2 cross-cutting action to boost the economy – Increasing the efficiency of raw materials in cement manufactu... |
Spanish cement demand falls 1.5% in February18 March 2024, Published under Cement NewsCement consumption in Spain fell 1.5 per cent in February, compared to the same month in the previous year. According to Oficemen, demand in February stood at 1,157,811t, marking a 17,769t contraction versus February 2023. This marks the ninth month in a row that cement demand in Spain has declined. The cumulative figure for the year to date sees consumption down 2.4 per cent YoY, or 53,852t, at 2,187,069t. The last 12 months (March 2023-February) saw consumption come in at 14,447,056t... |
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... |
Kunak wins SantanderX Global Challenge06 March 2024, Published under Cement NewsKunak, a leading environmental monitoring and Internet of Things (IoT) specialist, has won the SantanderX Global Challenge, an international competition that promotes the advancement of the digital economy through innovative solutions in the IoT. In the challenge Kunak competed with participants from 11 countries, where our proposal was recognised in the category of growing technology companies. Kunal’s CEO, Javier Fernández Huerta, received the award during the 4YFN event, held as part ... |
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... |
Holcim Spain joins Green Building Council Spain29 February 2024, Published under Cement NewsHolcim Spain has joined the Green Building Council Spain (GBCE) with the aim of promoting circular and sustainable construction practices in the building sector. According to the company, through this alliance it will offer all its expertise in the development of cutting-edge materials and solutions aimed at the construction of sustainable and carbon-neutral cities, while the GBCE will provide meeting spaces and the exchange of knowledge for the generation of proposals and initiatives. ... |
Nasequip Systems supplies gas cooling system for Cementos Cosmos28 February 2024, Published under Cement NewsNasequip Systems Pvt Ltd has commissioned a dual-fluid gas cooling system for Cementos Cosmos ( Votorantim Group ) Toral De Los Vados cement plant, Spain. Turkish partner Dal Engineering assisted with this project. The preheater tower measures 4.3m diameter x 50m high. The project's significance lies in its substantial impact on enhancing the operational efficiency and productivity of the plant. The feasibility study, calculations, engineering, design, manufacturing, testing, automa... |
CEMEX to add a new tertiary mill at Alicante23 February 2024, Published under Cement NewsCEMEX's plant in Alicante in Spain embarks on a significant environmental initiative, launching a new tertiary mill project, "Molentis," with a EUR6m investment aimed at reducing CO 2 emissions. The "Molentis" project, part of CEMEX 's "Future in Action" decarbonisation strategy, is scheduled to commence operations in the 1Q25, this initiative is supported by a EUR4.4m grant from the Ministry of Industry, Energy and Tourism's Innovation and Sustainability Plan in the Manufacturing Ind... |