Oficemen blames falling exports on electricity and CO2 price

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Spain: Oficemen the Spanish cement association has blamed falling cement exports in 2018 on rising electricity and CO2 emissions prices. The association said the European Union CO2 price tripled to Euro24.60/t at the end of 2018 from Euro7.80/t at the start of the year, with an average price of Euro16.00/t of cement. Exports fell by 12% year-on-year to 8.1Mt in the 11 months of the end of November 2018. Cement consumption grew by 8% year-on-year to 13.4Mt in 2018. It forecasts growth of 3 – 6% in 2019.

Last modified on 06 March 2019

URL: https://www.globalcement.com/news/item/8902-oficemen-blames-falling-exports-on-electricity-and-co2-price

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