Cement News tagged under: Cementos Molins
Cementos Molins relocates registered address to Madrid23 October 2017, Published under Cement NewsSpanish cement producer Cementos Molins is moving its registered address from the town of Sant Vicenc del Horts in Catalonia to Madrid. Sources close to the step have said the reason for the move is the legal uncertainty in Catalonia. While the company’s plant will remain in Sant Vicenc del Horts, the publicly-traded copany and the group’s holding through which it channels its foreign investments will take up residence in Madrid. The company plans to invest EUR350m to expand its produ... |
Joan Molins Amat new Cementos Molins President01 August 2017, Published under Cement NewsSpain-based Cementos Molins has appointed Joan Molins Amat as its new President following the passing of Casimiro Molins Ribot on 25 June. Joan Molins Amat was formerly First Vice-President of the company. The Group's Board of Directors assigned Joaquín Molins Gil as First Vice-President and Ana María Molins López-Rodó on his place as Second Vice-President. |
WEG supplies Itacamba Cemento28 June 2017, Published under Cement NewsWEG has successfully installed several electric motors for Bolivian producer Itacamba Cemento SA, owned by Votorantim Cimentos SA and Cementos Molins. The WEG package includes W22 IP66 high-performance low-voltage motors and medium-voltage slip ring motors with a brush lifting system for continuous operation and suitable for operation in aggressive environments. These electric motors will operate in drive mills, crushers and fans at the plant. WEG motors with the brush lifting system h... |
Cementos Molins President passes away26 June 2017, Published under Cement NewsPresident of Cementos Molins, Casimiro Molins Ribot, passed away aged 97 on 25 June in Barcelona, Spain. He had been member of the company board of Sant Vicenç dels Horts for 71 years. In 1945 Mr Molins Ribot was appointed Board member and Secretary to the cement company which his grandfather, Juan Molins Parera, founded and led the Board since 1972. He was appointed President in 1986. Under his leadership, Cementos Molins consolidated the diversification of its business and its inter... |
Cementos Molins to raise capacity by 4.4Mta09 May 2017, Published under Cement NewsIn the next three years Cementos Molins plans to invest EUR350m to increase its capacity by 4.4Mta. The company currently has projects in Argentina, Colombia and Bangladesh. In Argentina the company will invest EUR100m in its joint venture with Votorantim, Cementos Avellaneda. The sum represents about half the investment required to add 0.2Mta at the Olavarría unit this year and expand capacity at the San Luis works to 0.9Mta by 2019. Meanwhile, in Colombia Cementos Molins and its pa... |
Cementos Molins sees 33% profit rise in 1Q1703 May 2017, Published under Cement NewsSpain's Cementos Molins saw its profit rise 33.2 per cent YoY to EUR20.5m in the first quarter of 2017 due to an increase in sales and a positive trend in prices. However, net profit, which reached EUR1.2m, was negatively affected by currency depreciation, particularly the Mexican peso. Revenues advanced 20.6 per cent YoY to EUR194.1m while gross operating profit rose 27 per cent YoY to EUR49.4m. The company attributes this to he rebound in sales and prices, "despite the fact that pro... |
Cementos Molins expects to raise AF use to 39%27 January 2017, Published under Cement NewsCementos Molins plans to raise alternative fuel use at its Sant Vicenç del Horts plant near Barcelona, Spain, from 34 to 39 per cent of the fuel mix this year. The step is expected to reduce fuel costs by EUR1.2m annually. The increase is made possible due to considerable use of waste tyres to replace petcoke, the fuel most commonly used in the plant. However, for the plan to go ahead, the authorities have to approve the modification to the plant’s current permit to use up to 115,000t of... |
Paving the road for Colombia23 January 2017, Published under Cement NewsWith an infrastructure master plan that will see COP54.8bn poured into Colombia’s road network alone, the future for the country’s cement industry is positive. Anticipating sustained market growth, existing and new players are expanding production capacity and in some cases, phasing out old, wet-process technology. By Bancolombia, Colombia. Colombia is embarking on a large-scale infrastructure master plan with a major focus on the transport network Back in May 2014, Bancolombia ... |
Cementos Moctezuma completes second line at Apazapan01 December 2016, Published under Cement NewsCementos Molins and Buzzi Unicem's Mexican joint venture, Cementos Moctezuma, announced that construction of the second production line at its Apazapan plant in Veracruz state has now been completed. The new line will fully enter operation on 15 December, when the mill is commissioned. The project, financed by the company through its own resources, represents an investment of US$23m. It will enable output at the works to rise by 20 per cent and increases capacity from 1.3Mta to 1.4Mta. |
Colombia: EcoCementos project will be located in free trade zone04 November 2016, Published under Cement NewsCementos Molins' joint venture with Colombia's Corona construction group, EcoCementos, will produce cement in one of the new free trade zones announced by the country's government. The new works, which is expected to have a clinker capacity of 3000tpd and a cement capacity of 1.35Mta, will be located in Sonsón, Antioquia, Colombia. It represents a joint investment of US$370m and is expected to be operational by mid-2018. Colombia is launching four new free trade zones, authorised by ... |