Cemex receives Port of Gijón terminal concession

Spain: The Port Authority of Gijón granted Cemex España a 30-year concession for use of 2480m² of the El Musel terminal for unloading, storage and bagging on 20 December 2019, subject to the Mexican company’s use of the facilities for a minimum of 50,000t/yr of cement and derived products for the first two years of the arrangement, 0.1Mt/yr for the subsequent three years, and 0.15Mt/yr thereafter. La Nueva España newspaper has reported that Cemex España applied for the concession in February 2019. Its plans consist of a Euro5.0m investment in a development including two 6000t-capacity silos, a 44m crane and bagging facilities. Cemex España will take an estimated 10 months to complete the works from beginning the project in early 2020.