Cement News tagged under: Spain
Lafarge opens Sagunto laboratory29 July 2013, Published under Cement NewsLafarge has inaugurated its first R&D laboratory in Europe at Sagunto, Spain. The centre, which is the company’s second in the world after its US facility in Houston, will research the use of cement in oil and gas wells. The laboratory will enable the company to carry out research under conditions of higher pressure, temperature and chemical agents that cement is subjected to at depths of 3000-5000m. Apart from developing new cements, the laboratory will also play a part in meeting cli... |
Cementos Portland Valderrivas reduces 1H losses, Spain26 July 2013, Published under Cement NewsSpain-based Cementos Portland Valderrivas (CPV) reduced losses by 98.9 per cent in 1H13, to EUR0.6m, compared with losses of EUR48.6m in the first half of the year before. CPV's asset swap with CRH earlier this year also provided capital gains of EUR104.8m. According to José Luis Sáenz de Miera, Chairman and CEO of Cementos Portland Valderrivas, results for the first half reflect "efforts last year to reduce costs in Spain, where demand continues to shrink, and to improve efficiency in ope... |
Spain registers further market contraction17 July 2013, Published under Cement NewsThe Spanish cement market registered a 24 per cent YoY drop in the first half of 2013 and the decline is expected to continue through the remainder of the year. In the first six months of 2013 domestic cement sales were 5,472,933t, latest data from local cement association Oficemen shows. On the supply side, Spain produced 6,459,917t of cement, representing a fall of 22.2 per cent. In June 2013 alone, Spanish consumption fell a further 23 per cent YoY to 972,421t in the same month of... |
CRH: acquisition and investment update, Ireland02 July 2013, Published under Cement NewsIrish building materials major CRH plc announced it has undertaken 17 acquisition and investment initiatives during the first half of 2013. These transactions, together with the acquisition of Cementos Lemona in Spain (acquired as part of the Uniland asset swap announced in February) and net deferred consideration payments, bring development spend for the first half of 2013 to approximately €470m. Proceeds to date from divestments and disposals, including the Uniland swap, amount to approxim... |
Spanish demand falls 24% in first five months20 June 2013, Published under Cement NewsCement consumption in Spain fell by more than 20 per cent to 1,027,597t in May and accumulated figures for the the first five months of the year show demand has declined by 24 per cent, representing 1.5Mt less than in the same period of 2012. "They continue to be tremendously disappointing data," explained the CEO of Oficemen, Aniceto Zaragoza, who added that "from our industry, we continue to work on developing constructive solutions that are more competitive, more durable and more econom... |
Cementos Molins buys Cemex’ Sant Feliu works18 June 2013, Published under Cement NewsCementos Molins has reached an agreement with Cemex to buy the latter’s Sant Feliu de Llobregat cement plant near Barcelona. The Sant Feliu works has been out of action for months due to the downturn in the Spanish cement market. However, for now, Cementos Molins does not expect the reactivation of the plant any time soon. The main interest for the plant stems from its market, which will enable to run the Sant Vicenç dels Horts works at a better utilisation rate. At present San Vicen... |
Cemengal receives new order from Latin America17 June 2013, Published under Cement NewsCemengal has received an order from a client in Latin America to supply a Plug&Grind®. This is a complete cement grinding and packing station, assembled in Spain with European components, shrunk to eight containers and able to produce up to 100,000tpa of standard OPC cement. |
Holcim reduces capital in Spain by 75%07 June 2013, Published under Cement NewsThe challenging state of the Spanish cement market has prompted Holcim to reduce its capital in Spain by 75 per cent or EUR568m. The capital reduction will be carried out by reducing the nominal value of shares, is the direct consequence of the losses registered by the Switzerland-based company in the past few financial years. ??At the start of the year, Holcim announced the closure of its Lorca plant as not only production levels were low, but there was also no sign of positive developme... |
Catalonian producers cut exports, Spain24 May 2013, Published under Cement NewsCement producers in Spain's autonomous region of Catalonia reduced their exports by 41 per cent between January and April, compared to the same period in 2012. The drop was explained by a five per cent cut in the price per tonne, which made the sales abroad less profitable. (Abstracted from an original article in Expansion) |
Spanish cement consumption falls by a quarter20 May 2013, Published under Cement NewsSpanish cement consumption fell 25.5 per cent over the first four months of 2012, down to 3.472Mt, latest data from domestic association Oficemen shows. In April alone, demand was 139,578t less than April 2012 to just just 936,956t. Production for the January-April period was also down 25.9 per cent to 4.01Mt compared to 5.42Mt in the same period of 2012. April 2013 output was 19.3 per cent lower 1.07Mt compared to 1.32Mt in the same period of the month before. |