Cement News tagged under: Spain
Maruxa Suarez is new Lafarge Villaluenga plant director17 October 2014, Published under Cement NewsMaruxa Suarez has been appointed as the new plant director of Lafarge’s Villaluenga de la Sagra works in Toledo, Spain. She replaces Mariano Garcia Hoyos, who was appointed industrial director of Lafarge Malaysia. With degrees in Chemistry from the University of Cordoba and in Biochemistry from the University of Sevilla, Ms Suarez holds a Master in Biotechnology. She has been employed by Lafarge since 2004, where she started in the Environmental Department in Madrid and later in the Vill... |
Matteo Rozzanigo new FYM CEO17 October 2014, Published under Cement NewsMatteo Rozzanigo has been appointed as CEO of FYM, Italcementi’s Spanish subsidiary. He is tasked with positioning the company in a cement market, which is expected to stabilise and recover slowly after a prolonged crisis period. He replaces Mario Domenico Bracci, who held the post for the past three years and will now assume responsibilities for Ciments Maroc. Mr Rozzanigo hold an Industrial Engineering degree from the Polytechnic University of Milan, Italy, and has been with Italcement... |
Spain: September demand up 6.1%16 October 2014, Published under Cement NewsIn September, Spain’s cement consumption rose 6.1 per cent YoY to 959,150t, according to the latest figures issued by Oficemen, the country’s cement association. Spain’s cement market saw demand drop by one per cent to 8,079,653t in 9M13 and as a result of the recent figures, Oficemen’s economic research department forecasts a one per cent drop in full-year consumption for 2014. "The industry recovery is still far off. It is necessary that the administration’s budget department is ser... |
Cemex reaches agreement regarding Alcanar, Spain08 October 2014, Published under Cement NewsCemex has reached an agreement with the Santi Vila authorities to keep running its Alcanar works in Tarragona, Spain. In return the Generalitat commits to dredge the port of Barcelona so large vessels can moor and as such, enable Cemex to export to new markets such as the US. The dredging operation will cost EUR4.5m and will be completed before the summer. In September, Alcanar will receive a 40,000dwt ship. Some 87 per cent of Cemex’s Alcanar production is destined for export, main... |
Spanish watchdog initiates preliminary inspection25 September 2014, Published under Cement NewsThe Spanish competition watchdog Comisión Nacional de los Mercados y de la Competencia (CNMC) has carried out inspections at the headquarters of companies that produce cement, concrete and their derivatives. The preliminary inspections were carried out over 16-18 September 2014 for alleged anti-competitive practices. Should suspicions be confirmed, the regulator will open disciplinary proceedings, which could result in fines amounting to 10 per cent of the companies' turnover. |
Spain’s cement market contracts 3% in August18 September 2014, Published under Cement NewsSpain’s cement consumption fell by a further three per cent in August 2014 to 819,249t. In the first eight months of 2014 domestic demand registered a two per cent YoY fall to 7.1Mt. “With these data we can talk about record lows, with figures even more daunting in regions such as Catalonia, with a cumulative decline of 15.8 per cent in the first eight months of the year,” said Oficemen CEO, Aniceto Zaragoza. “Given the weak state of the domestic market and to preserve activity in our pl... |
FCC to transfer rescue funds to Portland Valderrivas17 September 2014, Published under Cement NewsSpanish builder Fomento de Construcciones & Contratas SA (FCC) is to help its cement unit Cementos Portland Valderrivas make a debt payment by transferring rescue funds, according to reports by Bloomberg citing sources familiar with the matter. FCC has reportedly received approval to creditors to transfer some EUR20m to Cementos Portland, which owes lenders EUR50m on 30 September, the sources said. Meeting the payment deadline this month will buy the Spanish cement producer more time to re... |
EC clears Holcim and Cemex Spanish deal10 September 2014, Published under Cement NewsThe European Commission (EC) has cleared, under the EU Merger Regulation, the proposed acquisition of Holcim’s Spanish operations by Cemex, the last of three transactions under scrutiny in the European tie-up between the two global majors. Following an in-depth investigation launched in April 2014, yesterday the Commission concluded that the acquisition "would not raise competition concerns since the merged entity will continue to face sufficient competition from its rivals in all markets ... |
Cemex expected to receive EU clearance for Holcim Spain assets05 August 2014, Published under Cement NewsEuropean Union antitrust regulators are expected to approve Cemex’s bid to acquire Holcim’s Spanish units without requiring concessions from the Mexican producer, a source told Reuters on Monday. Cemex has convinced the European Commission that the deal will not reduce competition in Spain, a person familiar with the matter told the news agency. Another source had previously told Reuters earlier this month that the Commission had objected to the deal. Last month the European Commission... |
Molins and Votorantim to control Bolivia's Itacamba01 August 2014, Published under Cement NewsCementos Molins of Spain plans the acquisition of a majority stake in Bolivia's Cementos Itacamba. The purchase is expected to take place via Spain-based Yacuces, a joint venture with Brazil-based Votorantim Cimentos, which is also its associate in Argentina (Cementos Avellaneda) and Uruguay (Cementos Artigas). The first step will be an agreement to buy 66.7 per cent of Itacamba Cementos, which currently runs a cement mill in Germán Busch province. Yacuces has agreed to pay US$18.6m for t... |