Cement News tagged: Corporate
JK Lakshmi Cement wins Superbrand accolade
India-based JK Lakshmi Cement has been awarded Superbrand status for 2023-24, making it the only brand in the grey cement category to receive this accolade. According to Devdiscourse, the selection process for the award involved a survey of more than 23,000 individuals across India to identify brands that excel in various parameters of building their brand name. JK Lakshmi Cement emerged as ...
Aggregate Industries appoints new plant manager
UK-based Aggregate Industries , which is part of the Holcim Group , has appointed Thierry Davila as plant manager at its Cauldon works in Staffordshire. Mr Davila has over 27 years’ experience in the cement industry, including almost 20 as part of the Holcim Group. Having worked on Cauldon projects since November 2021 in his previous role with Holcim, Mr Davila has made a full-time move to...
BUA boosts capacity by 6Mta
BUA Cement has received funding to develop two new production lines at its cement plant in Sokoto state, Nigeria. The US$500m funding will boost BUA’s total production capacity from 11Mta to 17Mta, according to Reuters. Each line will produce around 3Mta, serving markets in Nigeria, Niger and Burkina Faso, and run partly on alternative fuels derived from waste and solar power. The fund...
CEMEX collaborates on university project in Mexico
CEMEX is collaborating with Tecnológico de Monterrey, one of Latin America’s most prestigious private universities, on distritotec, a 15-year project that seeks to evolve the university’s campus into a more innovative, sustainable and inclusive space. CEMEX has already been involved in several phases of this Mexico-based project, which began in 2014, including providing lower-carbon building...
South Valley Cement reports loss in 1Q23
Egypt’s South Valley Cement Co has reported net losses after tax of EGP37.05m (US$1.19m) in the opening quarter of 2023, up from EGP31.2m in the same period a year earlier. Sales over the same time frame came in at EGP338.32m, up from EGP206.32m in the 1Q22. In terms of earnings per share, a loss of EGP0.07 was seen in the first quarter of 2023, compared to a loss of EGP0.06 in the openin...
Andhra Cements restarts clinker line at Durga
India-based Andhra Cements Ltd, part of Sagar Cements, has relaunched the clinker line at its 1Mta integrated Durga Cement Works in Dachepalli Mandal, Palnadu District, Andhra Pradesh. According to press reports, Sagar Cements plans to invest over US$50m at the plant to boost its cement and clinker production capacity to 3Mta and 2.3Mta, respectively.
British Rema appoints new Group Managing Director
Tony Goodwin becomes British Rema's group managing director British Rema has welcomed Tony Goodwin to the new position of Group Managing Director to lead the group through its next phase of development following its recent transfer to employee ownership. The organisation is now primed for significant growth both in domestic and international markets, says British Rema. Tony bring...
HarbisonWalker International announces new brand identity
HarbisonWalker International (HWI), which announced in February 2023 that it would combine with Calderys, has unveiled a new brand identity. The new look reflects HWI as a member of Calderys, the global refractories company’s brand in the Americas. “ The new visual identity of HWI, as a member of Calderys, is a significant step on our journey to form a unified business that incorporates th...
Martin Engineering plans Kuala Lumpur business unit
Martin Engineering is expanding its presence in the Asia-Pacific market by opening a business unit in Malaysia. Headquartered in the capital city of Kuala Lumpur, with a satellite office in Lumut, the Malaysian business unit will act as the main hub for providing products and solutions to the many industries Martin Engineering serves in the region. The benefit to customers will b...
Shun Shing announces new top management appointments
Shun Shing Group International Ltd has recently appointed Group MD Ikram Ahmed Khan as chairman of its operations in Bangladesh. The company also appointed S Raihan Ahmed as vice-chairman, Tahmina Ahmed as MD and Shakib Pasha as deputy MD, according to The Daily Star.
Heidelberg Materials celebrates expansion at Port Canaveral
The media was given a tour of the new Heidelberg Materials slag-cement processing facility at Port Canaveral, USA, on 25 May. In operation at the port for 20 years, guests witnessed a grand re-opening of the reconfigured plant after a US$24-25m project to increase its slag cement output by 25 per cent. Heidelberg Material’s expansion at Port Canaveral adds 200,000t of capacity to su...
Cemento Panam installs new MVR mill in Dominican Republic
Cemento Panam , part of the Estrella Group, is to install a state-of-the-art MVR vertical mill from Gebr Pfeiffer at its plant in the Dominican Republic. This marks the first such mill to be installed in the country. The MVR 3750 C-4 mill will be equipped with a latest generation SLS 4000 VC classifier and will grind several blended cements at up to 155tph to finenesses up to 4800 cm²/g (B...
Leube commissions new silo to support low-carbon cements
Austria-based cement producer Zementwerk Leube recently entered a new 3250t cement silo, “Silo 10”, into service. Work on the silo had started in February 2022. It is expected that in addition to a significant increase in storage capacity, the cement company will also benefit from increased flexibility and improved product offer. With its four chambers the silo can store different cement...
Crown Cement secures loan for 6th line
Crown Cement Plc has secured a syndicated loan facility for the construction of the sixth cement line at its plant in West Mukterpur, Munshiganj , Bangladesh. The new line will have a state-of-the-art VRM mill with the plant’s total production capacity expected to reach 19,000tpd. According to The Business Standard, the loan for BDT2500m (US$23.3m) involves a consortium of banks, including ...
FLSmidth acquires Morse Rubber
FLSmidth has acquired Morse Rubber. Based in Iowa, USA, Morse Rubber manufactures and markets specialised, heavy-duty rubber products for mineral processing, among others. As the global market leader in large grinding mills, FLSmidth has a clear ambition of strengthening its service offerings around these products, especially for mill liners where FLSmidth has been capacity constrain...
Fitch B+ rating for United Cement Group
Fitch Ratings has awarded a B+ rating to United Cement Group (UCG) . The positive outlook by the rating agency is due UCG’s large-scale modernisation as well as with an increase in profitability. The recent acquisition of construction glass producer Kvarts by UCG is also expected to lead to ongoing improvements in product diversifiaction and strengthening of financial stability. Moreover, the...