Cement News tagged under: Spain
Catalonian monthly sales tumble23 December 2013, Published under Cement NewsCement sales in Spain's autonomous region of Catalonia during November 2013 fell by 21.8 per cent YoY to 110,140t. The decline was more than double the 9.3 per cent fall overall in Spain. Sales for the accumulated January to November period in Catalonia were also down 20.7 per cent to 1.43Mt. (Source: Expansión) |
Spain: cement consumption to drop 20% in 201318 December 2013, Published under Cement NewsNational cement consumption is expected to register a double-digit decline for its sixth-consecutive decline as Spanish cement association, Oficemen, put the YoY drop at 20 per cent. Oficemen also points out the decreasing profit margins for the country’s producers as demand continues to falls and production costs move in the opposite direction. The lack of competitive power prices, which sees price differences between Spanish and German power of around EUR15-30/MWh have pushed up product... |
Cemex quarries win European biodiversity awards29 November 2013, Published under Cement NewsTwo Cemex quarries, Rugeley in the UK and Soto Pajares in Spain, have been recognised for their outstanding contributions to biodiversity at the European Aggregates Association (UEPG) awards in Brussels. Rugeley Quarry in Cannock Chase, West Midlands received a Recognition of Achievement for its significant restoration work and excellent habitat management activities. Soto Pajares Quarry in the Province of Madrid, Spain won the Special Award for Biodiversity for its outstanding actions rel... |
Portland Valderrivas reduces losses27 November 2013, Published under Cement NewsCementos Portland Valderrivas has cut losses in the first nine months of 2013 thanks by 74 per cent to EUR24.8m compared to EUR95.2m in the same period of last year, thanks to a series of cost control measures. Group revenues for the period amounted to EUR413m, of which Spain accounted for EUR168m. Operations in the US and Tunisia accounted for 60 per cent of group revenues and partly offset weak cement demand in Spain, which fell 22 per cent YoY to 8.3Mt over the Jan-Sept period. EBITDA in... |
Cosmos completes 2013 Brazil shipment quota26 November 2013, Published under Cement NewsThe year’s last shipment of clinker produced at the Toral de los Vados plant of Cementos Cosmos will be heading for parent company Votorantim’s cement works in Brazil. Around 2000tpd has been trucked from the plant to the port of Langosteira, La Coruña since the end of September and loaded onto ships. As a result, some 44,500t of clinker will be heading to the Latin American country over the next few days. The shipment, the last of six undertaken this year, enables Cementos Cosmos to se... |
Cemex Spain says it complies with tax obligations26 November 2013, Published under Cement NewsCemex Spain has made the following clarifications regarding information published in the media concerning the inspection process opened by the Tax Agency: Cemex scrupulously complies with all legal and tax obligations in Spain, without having debt with or being sanctioned by the Spanish tax authorities to date. Cemex has learned through the media of personnel movements within the Tax Agency and does not weigh the decisions that the authority, in the internal order, adopted. The com... |
Spanish cement demand falls 11% in October25 November 2013, Published under Cement NewsCement consumption in Spain has fallen again in October by more than 11 per cent, to 1,003,618t. As a result, domestic cement demand during the first 10 months of 2013 has declined sharply by nearly 21 per cent, with total demand standing at 9,351,734t, some 2.5Mt less than in the same period of 2012, according to Oficemen, Spain’s cement association Cement companies associated with Oficemen are focussing their efforts on a major export drive to maintain production levels. However, the ... |
Exports offset domestic losses for Molins25 November 2013, Published under Cement NewsThe third-quarter consolidated net profit of Spain’s Cementos Molins fell 65.5 per cent YoY to EUR10.8m. The company’s international subsidiaries enjoyed a profit of EUR43.3m, offsetting the EUR32.5m loss registered in the domestic market. In the first nine months of the year, consolidated turnover slipped by 9.7 per cent YoY to EUR621m. Around 10.5 per cent was shaved of the turnover originated in Spain while the lower contribution of Mexican subsidiary and the consolidation of Cementos ... |
Cementum Veritas to invest EUR10.4m in new grinding unit07 November 2013, Published under Cement NewsSpain’s Cementum Veritas plans to invest EUR10.4m in a new clinker grinding unit in Albanilla, Murcia. The 95,760t works is expected include three silos of 1500t, which represent an investment of EUR5.74m and a further EUR1.5m is earmarked for the construction of a 400tpd ball mill. |
Spanish demand falls 22% in first nine months22 October 2013, Published under Cement NewsCement consumption in the first nine months of this year fell by 22 per cent YoY to 8.3Mt, latest data from domestic association Oficemen shows. In September, demand fell to 947,170t, a decline of nine per cent YoY. "The continuing cuts in public works investments are a blow to the activity and jobs in the construction sector, an industry that has been generating wealth and jobs in our country and a benchmark for global efficiency," CEO of Oficemen, Aniceto Zaragoza, said. Citing da... |