First collateral effects in the construction sector due to the Ukraine crisis. The Santa Águeda cement factory is now essential to maintain the productive structure of the islands in the heat of the decisions of peninsular operators. Cementos Portland Valderrivas, a subsidiary of FCC, has turned off all the furnaces in its seven main production centers in Spain due to the high price of electricity, which had already been out of control for months and has now aggravated the war in Ukraine.
Although this type of product has AIEM on the islands, it is key for public works tenders and the role of plants that generate independence in terms of supply is another of the variables in which the owners of Ceisa move to claim that it is not be dismantled with this industry as was already done at the time with Canarian agriculture.
To all this, we must add the works that are launched with new European projects. One of them is the train. The dismantling of Santa Águeda would force cement to be purchased at the nearest cement plant, that is, in Alcalá de Guadaira, Andalusia, and plans such as the Gran Canaria railways, which guarantee workload in Santa Águeda, would be left without coverage.
Last February, the Minister of Public Works, Transport and Housing of the Government of the Canary Islands, Sebastián Franquis, stated that the construction of trains in Tenerife and Gran Canaria "is not a priority" for the Executive but it is an "opportunity" for the Canary Islands. by moving an investment of more than 3.800 million euros.