Cementos molins to invest eur 280 million in 2010

Cementos molins announced a eur 280-million investment plan for 2010, including the upcoming opening of a plant in sant vicenç dels horts (barcelona). the new eur 188 million will be one of spain's most advanced, offering over 20% savings in energy consumption.

cementos molins ceo joan molins said that the company expects profits to keep stable in 2010, at eur 56 million. mr. molins also confirmed that the group is not planning layoffs this year.

source: la vanguardia, 27/5/2010