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Cementos Portland Valderrivas announces appointment

World Cement,

The Board of Spain’s Cementos Portland Valderrivas has approved the appointment of Alicia Alcocer Koplowitz, representative of the Board of EAC Inversiones Corporativas S.L., as President of the highest governing body of the company. Alicia Alcocer Koplowitz was previously Vice-President of the Board.

Cementos Portland Valderrivas saw sales increase by 13.1% in 1Q15. The cement producer is part of the FCC group, which reported earnings of €6.2 million in the first quarter of this year, following ten consecutive quarters of losses. FCC’s EBITDA also improved, rising by 0.6% y/y to €169.3 million. EBIT grew by 2% y/y to reach €70.9 million.

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