Cement News tagged under: Spain
Spanish cement consumption drops by 16% in March22 April 2022, Published under Cement NewsCement consumption fell by 15.5 per cent in March, to 1,164,416t, according to Oficemen, Spain's cement association. This figure represents a loss of 213,479t compared to the same month last year, largely due to the transport strike, with a heterogeneous incidence throughout the national territory, said the association. “The situation resulting from the stoppage of transport has already been corrected in our industry and, currently, the supply chain to and from our factories is operati... |
Votorantim Cimentos' regional results in 2021 reach almost record levels04 April 2022, Published under Cement NewsVotorantim Cimentos reported close to record growth in all regions for its performance in 2021 with total cement sales of 37.2Mt across all regions. “Our business strategy and recent acquisitions, combined with our resilience and operational excellence led us to achieve sales growth in all regions and to close the year with record results,” said Marcelo Castelli, global CEO of Votorantim Cimentos. In Brazil Votorantim Cimentos had net revenue of BRL10.3bn (US$2.1bn) in 2021, a ... |
Votorantim Cimentos reports net profits of BRL1.6bn in 202101 April 2022, Published under Cement NewsVotorantim Cimentos ended 2021 with net profit of BRL1.6bn (US$337m), an increase of 244 per cent compared to 2020, primarily due to better operating results with growth in sales in all regions where the company operates and gains related to the consolidation of acquisitions made in North America and Spain. Global net revenue was BRL22.3bn, an increase of 33 per cent compared to 2020, as a result of the combination of favourable pricing dynamics, especially in Brazil and North America, ... |
Spain's cement sector closes plants as energy prices rocket18 March 2022, Published under Cement NewsThis week Spain's cement industry reacted to rising energy prices with the temporary closure of several cement plants. Cementos Portland Valderrivas, Tudela Veguin and FYM-HeidelbergCement have all taken action, calling upon the Spanish government to address the high electricity prices, which have been further aggravated by the war in Ukraine. ICR looks at the background to Spain's energy price spike and Oficemen's news on the latest market results. Spanish cement consumption grew by 14 p... |
FYM-HeidelbergCement temporarily shuts down Málaga clinker production18 March 2022, Published under Cement NewsThe FYM - HeidelbergCement Group cement plant in Málaga, of which the sale to Votorantim Cimentos is being finalised, will stop its clinker production until the end of March. The company said the step was necessary due to the “unhealthy costs of electricity that tax the cost of production since the beginning of the Russian invasion of Ukraine." The CEO of FYM-HeidelbergCement Group, Jesús Ortiz, attributes the high cost of electricity in Spain to the “marginal pricing” used for charging... |
Spanish cement demand expands 14% in February17 March 2022, Published under Cement NewsCement consumption in Spain increased 14 per cent YoY to 1,269,455t, representing the best sales in February in the last five years, according to Oficemen, the Spanish cement association. “The cement industry is experiencing an energy emergency situation. Currently, almost half of the kilns in the sector have had to stop as a result of the high electricity costs derived from the war,” explained the association’s General Director, Aniceto Zaragoza. “Now that the European Commission has alr... |
Cementos Molins Industrial invests EUR2.2m in environmental improvements16 March 2022, Published under Cement NewsCementos Molins Industrial 's long history of commitment to the protection of the natural and environmental surroundings has been made clear in 2021 through an investment of EUR2.2m in different facilities at the Sant Vicenç dels Horts factory, Spain. The main actions related to sustainable development and continuous improvement have been aimed at increasing energy efficiency, applying circular economy practices and controlling emissions into the atmosphere. In addition to the completion... |
Tudela Veguín halts production for 10 days14 March 2022, Published under Cement NewsCementos Tudela Veguín has shut down its plant at La Robla for 10 days from Friday, 11 March, citing the soaring electricity prices as the reason for the stoppage. The company has significant stocks of cement and expects to continue normal deliveries to its customers. The halt in operations will not affect the nearly 200 workers at the plant, the company said. While it has a cement capacity of 1.2Mta, it has a utilisation rate of around 25 per cent currently. The company follows Ceme... |
High energy prices shut down Cementos Portland Valderrivas kilns11 March 2022, Published under Cement NewsSpain-based Cementos Portland Valderrivas has shut down all kilns at its seven main plants (Morata de Tajuña, Monjos, Vallcarca, Alcalá de Guadaira, Venta de Baños, Mataporquera and Olazagutía), according to CE Noticias Financieras.The company attributes the temporary shutdown to the high price of electricity, which was further aggravated by the Russian invasion into Ukraine. Cementos Portland Valderrivas has informed its workers that it will not restart activity at the plants until the ... |
FYM-HeidelbergCement to lead Neuclicem CCUS project08 March 2022, Published under Cement NewsFYM-HeidelbergCement is leading the Neuclicem carbon capture, usage and storage (CCUS) project from its factory in Arrigorriaga (Cementos Rezola – Arrigorriaga ), Spain. VOLBAS will participate as a partner and technological support will be supplied by Tecnalia Research & Innovation. The objective is to lay the operational foundations for a new CCUS process based on the mineralisation of alkaline waste by accelerated carbonation, studying its viability on an industrial scale and op... |