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Spanish building materials company files for bankruptcy amid asbestos claims

By Jordan Fermanis

21 February 2020

Spain’s largest cement and asbestos company has filed for voluntary insolvency after litigation by former workers and residents near the company’s factory impeded its ability to secure liquidity.

Spanish building materials company files for bankruptcy amid asbestos claims A former Uralita (now Coemac) factory in Cerdanyola del Vallès, Catalonia (Credit: shutterstock.com/Francisco APS)