Cement News tagged under: Cementos Molins
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... |
Cementos Molins completes Sant Vicenc dels Horts modernisation06 October 2023, Published under Cement NewsCementos Molins celebrated the inauguration of its upgraded facilities in Sant Vicenç dels Horts , Barcelona, Spain, on 5 October 2023. The event witnessed the presence of the Minister of Business and Labour of the Generalitat of Catalonia, Roger Torrent. The company's investment exceeding EUR6.6m encompasses a comprehensive office building renovation, the installation of 1455 self-consumption photovoltaic panels, green space redesign, and the introduction of a new plant for alterna... |
Cementos Molins releases its 2022 integrated report04 October 2023, Published under Cement NewsCementos Molins has released its 2022 integrated report, which shows that the Spanish multinational cement producer has reduced its clinker factor to 71 per cent and GHG emissions fell by two per cent to 563kg CO 2/ t of cementitious product. Commenting on the operating challenging environment, President, Juan Molins Amat, stated: “In 2022 we have had to live with high cost inflation and a very complex and uncertain market situation. These are the new territories that the aftermath of the... |
Cementos Molins posts revenues of EUR705m in 1Q2327 July 2023, Published under Cement NewsCementos Molins has announced its financial results for the 1Q23. Revenues reached EUR705m, up 16 per cent compared to the 1Q22. The company has also improved sales across all businesses and regions, driven by both volume and selling prices. On a LfL basis, revenues rose by 30 per cent. EBITDA reached EUR179m, a 36 per cent increase compared to the same period of 2022. This improvement is primarily due to the positive impact generated by higher volumes, as well as the company’s efficien... |
Cementos Avellaneda starts Olavarría wind farm09 May 2023, Published under Cement NewsCementos Avellaneda ( Cementos Molins group ) has announced that it has starting the PECASA wind farm project together with YPF LUZ. This wind farm will supply sustainable energy to the Olavarría cement plant, contributing to a cleaner and greener future. This is an important step in the cement producer’s mission to promote renewable energy and sustainable development, which adds to the development of the solar park at the San Luis cement plant. Together with YPF Luz, Cemento... |
Cementos Molins reports 25% YoY revenue growth in 1Q2304 May 2023, Published under Cement NewsCementos Molins has reported revenue of EUR342m in the first quarter of 2023, up 25 per cent YoY. According to the company, sales have improved across all businesses and regions, driven by both volume and selling prices. On a like-for-like basis, revenue improved by 38 per cent. EBITDA over the same period advanced by 47 per cent YoY to EUR86m, with a strong contribution from Spain and Mexico. Like-for-like EBITDA increased by 64 per cent. Net profit in the 1Q23 came in at EUR37m, marki... |
Cementos Molins acquires Tecnoresil11 April 2023, Published under Cement NewsCementos Molins has acquired 100 per cent of Tecnoresil, a company that manufactures and distributes chemical products for industrial and decorative flooring, through its construction solutions subsidiary Propamsa. With this acquisition, Cementos Molins strengthens its strategy of expanding its range of construction solutions. With the acquisition of Tecnoresil, a company with over two decades of experience in the sector, Cementos Molins has expanded its range of continuous flooring sol... |
Cementos Molins posts revenues of EUR1268m in 202228 February 2023, Published under Cement NewsCementos Molins closed 2022 with revenues amounting to EUR1268m, up 31 per cent compared to previous year, driven by sales increase across all businesses and the significant contribution of acquisitions completed last year. On a LfL basis, revenues increased by 18 per cent. EBITDA reached EUR276m, 14 per cent higher than previous year, due to the performance of South American and Asian businesses and the contribution by the acquisitions. High negative impact of inflation on costs has be... |
Cementos Molins' revenue up 37% YoY in 9M2228 October 2022, Published under Cement NewsCementos Molins has reported revenue of EUR959m in the opening nine months of 2022, up 37 per cent on the same period a year earlier. According to the company, the increase is attributed to higher sales across all businesses and the significant contribution from acquisitions completed in 2021. On a like-for-like basis, revenue advanced by 14 per cent. EBITDA over the same period improved by 11 per cent to EUR208m, on the back of strong performances by the company’s South American and A... |