Cement News tagged: Corporate
DG Khan Cement is exploring other destinations for export
BMA Capital recently organised a webinar with Inayat Ullah Niazi, the CFO of DG Khan Cement Co (DGKC). The webinar focussed on the company’s financial performance and outlook. DG Khan Cement's CFO expects an unfavourable macroeconomic environment to cause domestic cement demand to contract by 4-5 per cent in FY23-24. However, he anticipates a recovery in demand and sees capacity utili...
Caribbean Cement uses counterfeit cigarettes as RDF
Caribbean Cement Co Ltd has destroyed an estimated JMD400m (US$2.57m) worth of counterfeit cigarettes in its cement kiln, in collaboration with the Jamaica Constabulary Force. Over 600 cases of counterfeit cigarettes were seized by the Intellectual Property Branch of the country’s Counter Terrorism and Organised Crime Branch. According to Jamaica Gleaner, the cigarettes, which are a sour...
Spa Biskria Ciment is new WCA corporate member
Algeria-based Spa Biskria Ciment has become the latest cement producer to sign up as a corporate member of the World Cement Association (WCA). Spa Biskria Ciment operates a 5Mta integrated cement plant, located 18km northeast of the capital of the Biskra Wilaya. At the beginning of 2023, Spa Biskria Ciment launched the production of white cement through the conversion of its first grey line ...
Vicat's Kalburgi plant begins training at its new AFR lab
Vicat Group has successfully completed of the first phase of its training programme on the new laboratory equipment at its recently-established alternative fuels and raw materials (AFR) laboratory at Kalburgi Cements Pvt Ltd's plant in Chatrasala , Karnataka. The training sessions ran between 23-30 May 2024 and over 20 employees from the quality control and AFR departments took part in th...
Heidelberg Materials introduces new line of recycled concrete aggregates
Heidelberg Materials North America has expanded its portfolio with the introduction of Revolve TM recycled concrete aggregates. It is also assigning specialists within the company to partner directly with departments of transportation and other agencies so that team-wide knowledge and engineering capacity can be developed. The move follows legislation passed by the state of Washington...
Saint-Gobain continues Canadian expansion
Saint-Gobain has completed its acquisition of the Bailey Group, a privately-owned manufacturer of metal frames for light construction in Canada. This forms part of Saint-Gobain’s expansion in the sustainable construction sector in Canada. Founded 75 years ago, the Bailey Group posted revenue of CAD532m (US$389m) in 2023 and operates 12 manufacturing plants across the country. According ...
Holcim acquires UK-based Land Recovery
Holcim has completed the acquisition of Land Recovery in the UK, advancing its capabilities in circular construction. A leading UK supplier of primary and recycled materials, Land Recovery turns rail ballast into new solutions for the UK rail network as well as supplying construction demolition materials for the production of ready-mix, precast concrete and asphalt. The acquisition expands H...
Fives Pillard appoints new MD
Fives Pillard has announced the appointment of Xavier Nicolas as the new managing director of Fives Pillard, in Marseille, France. Mr Nicolas will oversee the operational management of the company and the development of its activity, notably its combustion systems and digital solutions offer to decarbonise the cement and energy industries. Mr Nicolas joined the Fives group two years ago as ...
Sagar Cements posts 15% YoY production growth
India's Sagar Cements Ltd has reported cement production of 5.47Mt in FY23-24 (1 April 2023-31 March 2024), up 15 per cent YoY. Clinker production over the same period improved by 22 per cent to 4.36Mt. Net sales in FY23-24 came in at INR24,982.5m (US$299m), marking an advance of 12 per cent YoY, while EBITDA expanded by 61 per cent to reach INR2459.1m. Profit after tax in FY23-24 stood a...
CEMARK ready to play its part in Ukraine's recovery
CEMARK ( CRH Group ) Director of Strategy and Development, Mykhailo Bechkalo, is confident that CEMARK will play a big role in the reconstruction of Ukraine. Mr Bechkalo believes that the cement industry is a strategically important sector for recovery. He spoke about this in a new material for the Ministry of Finance. “Significant investments are needed to modernise part of the industry and ...
Sinai Cement sees net sales fall in 1Q24
Sinai Cement saw its consolidated net sales fall to EGP1.16bn (US$24.5m) in the first quarter of 2024 (ended 31 March). This compares to EGP1.24bn in the same period a year earlier. Consolidated net profit in the 1Q24 came in at EGP30.11m, versus a net loss of EGP58.47m in the 1Q23. Earnings per share in the three-month period stood at EGP2.26, against a loss of EGP0.44 in the same period a ...
Barak Valley Cements posts revenue growth YoY
India-based Barak Valley Cements has reported consolidated total revenue of INR709.5m (US$8.5m) in the quarter ended 31 March 2024, up from INR616.1m in the same period a year earlier. A net loss of INR11.7m was seen in the 2024 quarter, compared to a profit of INR12.8m in the quarter ended 31 March 2023. Total expenses over the same time frame advanced from INR584.4m to INR685.5m, drive...
Heidelberg Materials UK contributes to RHS Chelsea Flower Show
Heidelberg Materials UK has contributed to the Chelsea Repurposed Garden at this year’s Royal Horticultural Society (RHS) Chelsea Flower Show held in London. The RHS Chelsea Repurposed Garden was designed by Cityscapes. “To build a sustainable and adaptive future, we need to look at ways to reuse and recycle the materials we already have,” said the garden’s designer, Darryl Moore. “To th...
CEMEX supplies Miami's Okan Tower
CEMEX has supplied the concrete for the massive foundation pour for Okan Tower, a 70-storey mixed-use tower that will be one of Miami's tallest buildings. The foundation pour required 1200 concrete trucks, approximately 10,000yd 3 of concrete, a crew of 300 working 36 hours straight and 160 drivers. Designed by Behar Font & Partners, Okan tower will have a hotel, residences, office spac...
Heidelberg Materials launches Green Finance Framework
Heidelberg Materials has announced the launch of a Green Finance Framework to help fund the ongoing transformation and decarbonisation of the building materials sector. The company intends to issue Green Bonds to finance and/or refinance assets and capital expenditure associated with economic activities that meet or will meet the eligibility criteria defined in the Green Finance Framework. ...
Ecocem supports Irish government's 30% target for clinker reduction
The Irish government has announced that it will provide specific guidance for the use and procurement of low-carbon cement and concrete in public sector projects. Cement accounts for almost five per cent of Ireland’s total emissions. Specifically, the government has formally mandated a 30 per cent target for clinker reduction and Ireland is the first country in Europe to do this. Since clinker...