Cement News tagged under: Spain
Cemex to sell white cement plant to Çimsa21 March 2019, Published under Cement NewsCemex has announced that it has reached a binding agreement with Çimsa Çimento to divest its white cement business, including its Buñol plant in Spain, for approximately US$180m. The final agreement is expected to be signed in April 2019, with the closure of the sale forecast for 2H19. The divestment does not include the company's white cement business in Mexico or the investment in USA-based Lehigh Cement. The deal is part of Cemex's ongoing restructure, with the potential proceeds to be m... |
Oficemen predicts slower market expansion in 201906 March 2019, Published under Cement NewsCement consumption in Spain expanded by eight per cent in 2018, resulting in a domestic demand of 13.4Mt, according to the country’s cement association, Oficemen. For 2019, the association predicts a 3-6 per cent rise in cement demand. "2018 has been an atypical year, with ups and downs in growth, which has gone from the two digits with which it started the year, touching 12 per cent, to close with only an eight per cent increase, which means a growth of barely 1Mt in absolute values, maint... |
Cemex to invest EUR4.85m in Gijon cement plant05 March 2019, Published under Cement NewsCemex plans to invest EUR4.85m (US$5.5m) in the construction of a cement plant and distribution centre in Gijón port, Spain. The facility will include two silos with a height of 43.5m and will be located in the second section of the Ingeniero Olano wharf. Each silo will have a capacity of 6000t of cement. Cement unloading will be carried out through a pipe at the end of the Olano wharf, which would run underground to the silos. The company plans to sell cement in bulk as well as in palle... |
Argentine hyperinflation costs Cementos Molins EUR11m01 March 2019, Published under Cement NewsSpain-based cement producer Cementos Molins saw a negative effect of EUR11m (US$12.5m) in its business results in 2018 due to the hyperinflation and the devaluation of Argentina, according to Spanish economic and business newspaper Expansión. Its profit fell by four per cent to EUR85m in 2018. The reduction of the Argentine’s subsidiary cash also affected the company’s debt levels, which increased by 22 per cent to EUR179m as a result of lower cash levels and investments made. |
FyM to invest EUR2.5m in Malaga export hub15 February 2019, Published under Cement NewsFinanciera y Minera (FyM) will invest EUR2.5m in a 4900m 2 site in the Port of Malaga to be used as a clinker and cement export hub. It intends to use pier 7 to ship clinker. Conditions for a public tender were also approved to award the occupation and exploitation of two vertical silos on piers six and seven, destined for the reception, storage and distribution of liquid bulks. |
Cemex to establish distribution centre in northern Spain15 February 2019, Published under Cement NewsCemex plans to build its first distribution centre in the north of Spain at Olano Wharf. The company has applied for a 2500m 2 concession in the port of El Musel for the new centre, which will incorporate a bagging plant and silos. Cemex already has a significant presence in the country, but only has facilities in Madrid, Aragón and the Mediterranean communities from Catalonia to Andalucia, the Balearic Islands, Ceuta and Melilla. Now the company wants to copete with Tudela Veguín in the... |
Cementos Alfa plans doubling biomass use04 February 2019, Published under Cement NewsCementos Alfa, part of the Portland Valderrivas Group, has avoided the emission of 31,000t of CO 2 at its Mataporquera plant, Cantabria, in 2018 as a result of the use of 150tpd biomass as alternative fuel. Moreover, the use of the fuel, through improved energy efficiency, is enabling the company to remain competitive. In 2019 it plans to double the amount of biomass and therefore, has applied to the Spain’s General Directorate for the Environment to extend the authorisation. Output at t... |
Geocycle Albox plant processes waste to 53,000t of AF28 January 2019, Published under Cement NewsGeocycle, part of the LafargeHolcim group, produced 53,000t of alternative fuels, the highest in 10 years, at its Albox plant in Spain as it processed 49,000t of waste, up 20 per cent when compared with volumes in 2017. The company has invested a total of EUR860,000, including a new waste treatment line in Spain. It allows the company to pre-treat a range of wastes, such as plastics, rags and biomass, from the country’s Almanzora region. "With this new equipment it will be possible to avoi... |
Spain's cement demand up 9% in November22 January 2019, Published under Cement NewsSpain’s cement consumption index (IDC) noted a 9.2 per cent YoY increase in November 2018, according to the Spanish cement association, Oficemen. MoM a 2.4 per cent decrease was reported. Between December 2017 and 2018, 13.4Mt of cement was sold – 1.1Mt more than in the equivalent period of the previous year. While consumption levels remain low – similar to the level noted in 1967 – they continue to rise. “We look with optimism at the investment growth contemplated by the Ministry of Deve... |
Cement consumption in Spain up 10% in October17 December 2018, Published under Cement NewsDemand for cement in Spain has risen 10.1 per cent YoY in October, according to the country’s cement association, Oficemen. In the past year, from November 2017 to October 2018, cement demand reached 13.3Mt in Spain – up 1.2Mt when compared with the previous year period. Exports fell by 11.9 per cent in September. Data for October are yet undisclosed. |