Cement News tagged: Corporate
Ecocem welcomes new national sales manager UK
Ecocem has appointed Mark Till as national sales manager for the UK. Mr Till, an employee of Ecocem GB for the past three years, brings over 20 years of construction experience to his new role. Prior to joining Ecocem, he worked in the admixture industry and has an in-depth knowledge of the UK concrete and cement markets. Commenting on Mr Till's appointment, Micheál McKittrick, managing dir...
PPC reports 11% increase in revenue in FY22
PPC has reported group revenue for the 12 months ended 31 March 2022 of ZAR9882m (US$621.9m), an increase of 11 per cent YoY. Excluding Zimbabwe, group revenue was up five per cent, while revenue in PPC Zimbabwe alone advanced by 34 per cent on the back of a 28 per cent upturn in volumes. Profit before tax from continuing operations came in at ZAR186m, compared to ZAR1765m in the year-ago pe...
CEMEX launches green financing framework
CEMEX has launched its Green Financing Framework (GFF), the first in its sector, further expanding the company’s commitment to sustainable finance and building a more sustainable world, the company announced in a press statement. The GFF enables CEMEX to issue green financing instruments aligned with the International Capital Market Association (“ICMA”) Green Bond Principles and the Loan M...
Schwenk Latvija reports 5% increase in turnover in 2021
Schwenk Latvija has reported a 4.9 per cent YoY increase in turnover in 2021. The company's turnover reached EUR96.455m, while profit came in at EUR16.118m, up 31.9 per cent YoY, according to Firmas.lv. 2021 saw Schwenk Latvija sell more than 1Mt of cement, of which over 75 per cent was exported, mainly to Finland, Estona and Sweden, reports Baltic Business Daily. Capex in 2021 stood at over E...
Holcim Maroc inaugurates Agadir plant
Holcim has opened its 1.6Mta Agadir-Souss plant in southern Morocco. Built in 2021, the company invested MAD3bn (US$299m) in the plant, which includes automation and artificial intelligence to optimise the production process. In terms of sustainable operation, the Agadir-Souss facility will be powered using wind power from 2023 onward and will also use alternative fuels. In addition, ...
Société de Ciments de Gabès begins kiln shutdown
Work on the kiln shutdown at Société de Ciments de Gabès cement plant in Tunisia began on 23 June 2022. The work is being carried out by Sotuqua. The plant , which belongs to the Secil group has a cement capacity of 1.29Mta and is situated on the east coast of Tunisia.
Gujarat Sidhee Cement temporarily stops kiln
India-based Gujarat Sidhee Cement Ltd said it has stopped the kiln at its Sidheegram plant for 15-20 days. The stop has been attributed to the plant’s high clinker inventory. Cement grinding and dispatches will continue, according to Reuters.
Kesoram to boost cement capacity to 15Mta
Kesoram Industries Ltd, part of the B K Birla Group, announced that its plans to increase its cement production capacity to 15Mta from 11Mta. The expansion plan will take 3-4 years to complete, according Mr P Radhakrishnan, whole-time director and CEO of Kesoram industries. The increase is cement capacity represents an investment of INR3.5bn-5bn (US$44.8m-64m). Kesoram Industries planned t...
Titan Cement announces management changes
Marcel Constantin Cobuz is joining Titan Cement Group as a member of its executive committee from 1July 2022. He will also succeed Dimitri Papalexopoulos as chairman of the executive committee, effective from 15 October 2022. Mr Papalexopoulos will become chairman of Titan’s board of directors, taking over the role from Mr Arapoglou on 1 January 2023. Mr Cobuz, a French and Roman...
Boral cuts back operations as energy prices soar
Boral Ltd has cut back its operations due to a surge in energy prices in Australia, according to Reuters. The company has reportedly not only curtailed some areas of its production but has also been forced to pass the change in energy prices onto its customers. It is also in the process of reviewing its overheads to help offset the “inflationary challenges” the company told Reuters. Although...
Misr Cement (Qena) approves operations and maintenance programme
The board of directors of Misr Cement (Qena) have approved the operations and maintenance of the company’s factory, according to a filing to the Egyptian Exchange (EGX). The factory was managed by Arab Swiss Engineering Company (ASEC) under an agreement that ends ion 30 June 2022. On 16 May Misr Cement (Qena) reported a 106 per cent YoY increase in consolidated profit attributa...
Ambuja Cements embraces digitalisation
Ambuja Cements Ltd ( Holcim group ) has renewed its focus on digitalisation. This will remain a key area for Ambuja Cements as it reshapes the way the company operates from running the plants to managing logistics and supply chains and ensuring customer connect. To this end, the company has invested in its ‘Plants of Tomorrow’ initiative, which aims to make manufacturing more efficient th...
Alfred H Knight opens Olympic Business Park sample preparation lab
Alfred H Knight has opened its state-of-the-art sample preparation facility. The site, located in Olympic Business Park, Kilmarnock, UK, is a result of significant investment and expansion of Alfred H Knight’s operations in Scotland and will now be home to all of the Energy Services’ sample preparation services for biomass, coal and waste in Scotland. The energy transition is a welcome p...
Fossil to recapitalise Lafarge Zimbabwe
Fossil Mining, the new owner of Lafarge Zimbabwe, has said it plans to keep the company on the Zimbabwe Stock Exchange once its takeover of the cement producer is completed. According to the company, it intends to recapitalise Lafarge Zimbabwe, leading to an increase in cement output. “Currently 40 per cent of Zimbabwe’s cement requirements are imported, an opportunity that Fossil wants to cap...
Oyak releases its 2021 Integrated Report
OYAK Cement has published its 2021 Integrated Report in which it announces its plans to be a "game-changer" in the cement industry by focussing on sustainability and digitalisation. The company will continue its activities in terms of improving its energy efficiency and pursue a sustainability strategy that will contribute to achieving Turkey's 2050 net zero target. Its OYAK Cement 4.0 Pr...
BekabadCement to launch customer services service
In the autumn of 2022, BekabadCement JSC , (united Cement Group) is going to launch own customer support service. This lab will be opened at the grinding station in the city of Yangiyo’l , Uzbekistan. The lab will focus on automatic sampling and express analysis of concrete mixtures and soils using the latest foreign technologies. Its services will help select and adjust the compositio...