Cemex has begun cement exports from the Spanish port of Sagunto. The initial consignment consisted of 4,500 tonnes of white clinker bound for Greece. Previously, Cemex made use of the nearby port of Valencia, but has switched to Sagunto.
The drive to export more has come about because of the dramatic collapse of domestic demand and the only way for Cemex to survive is to find customers abroad. At the moment, foreign sales account for around 40% of total output of the company's Spanish output, although this is expected to increase during 2014.
According to the company's operations director, the market for white cement has rebounded positively in North Africa and Cemex is well placed to provide this, since, at Buñol, it has the highest capacity production plant in Europe.
BC