Spanish cement association Oficemen has confirmed that domestic cement consumption totalled approximately 10.89 million t in 2014. This is in line with its previous forecast that consumption levels would remain below 11 million t. While remaining at a historically low level, consumption did rise by 0.4% y/y, the first case of annual year-on-year growth since 2007. Meanwhile, production volumes increased by 5.4% y/y to reach around 13.91 million t. Exports continued to strengthen, growing by 31.6% y/y to almost 9.6 million t.
Oficemen has predicted moderate growth for the Spanish cement industry in 2015, with monthly figures likely to fluctuate between growth and contraction.
Cementos Portland Valderrivas’ parent company, FCC Group, has announced new appointments to its Board of Directors, in addition to a new Board structure.