Cement News tagged: Corporate
NOVACIM SA produces first cement at Ouled Ghanem plant
The Ouled Ghanem Cement plant near El Jadida, Morocco, has produced its first cement. NOVACIM SA (formerly known as TEKCIM) has successfully started its new cement works, with FLSmidth providing the facility with its latest equipment, including the first vertical OK™ Mill installed in Morocco. Upon final commissioning, the plant is expected to produce around 1.4Mta of cement and 1.1Mta ...
Glenn Falls staff to be released in April 2023
Lehigh Hanson Cement has announced that staff lay-offs at its Glens Falls cement plant in Indiana, USA, will begin in April 2023. Around 85 employees are due to be laid off. In a regulatory filing with the state Department of Labor, the plant's Texas owners, Lehigh Hanson, said lay-offs would take place in the two weeks between April 3 and 17 of next year, although some employees would...
Holcim Azerbaijan launches first green cement
Holcim Azerbijan has launched ECOPlanet, its first environmentally friendly cement, under the brand names of Optimal and Inshaatchi. The latest additions to the company’s product base are limestone-based cements. "We are committed to introducing new sustainable construction methods in the construction sector. Through Inshaatchi and Optimal, we contribute to reducing CO 2 emissions and usi...
UltraTech Cement Ltd and IRM sign MoU
IRM India Affiliate has signed a memorandum of understanding (MoU) with UltraTech Cement Ltd . IRM is the world’s leading professional body for enterprise risk management (ERM) qualifications across more than 140 countries and UltraTech is the largest manufacturer of grey cement and ready-mix concrete (RMC) in India. Both organisations will work towards enhancing ERM and risk intelligence in ...
Gujarat Sidhee Cement suspends production for 8-10 days
India’s Gujarat Sidhee Cement Ltd has announced that the kiln at its Sidheegram plant will stop production for 8-10 days, effective from 19 December 2022, for maintenance work. Cement grinding and dispatches will continue as usual, according to the company.
Howden opens new Singapore office
Howden has opened a new office in Singapore to expand its existing presence and support in the Asia-Pacific region. The new Howden office, located at 28 Ayer Rajah Crescent, provides improved access to the company’s procurement, quality control, technical assistance and project execution in Singapore and other countries in southeast Asia. Howden has been present in Singapore for over ...
PCA announces new board chairman and vice chairman
The Portland Cement Association (PCA) has established new leadership for its Board of Directors. Filiberto Ruiz has been elected PCA board chairman. Ruiz is the current president and CEO at Votorantim Cimentos North America and has served the last two years as vice chairman to outgoing chairman Ron Henley, president of GCC of America. Massimo Toso has been elected PCA vice chairman. Toso...
CRH announces new venture capital unit
CRH plc has launched CRH Ventures, its venture capital unit, which will support the development of new technologies and innovative solutions to meet the increasingly complex needs of customers and evolving trends in construction. With access to a US$250m venturing and innovation fund to invest, CRH Ventures will partner with construction and climate technology companies, operating across the...
ACC Ltd and Ambuja Cements shut two plants over transporter dispute
The management of Ambuja Cements and ACC Ltd ( Adani Group ) have shut the Darlaghat/Rauri and Gagal plants following a rise in transportation and raw material costs, and a dispute between the cement transporters and cement producers regarding the increase in freight charges. The dispute has adversely affected the market share of the company as cement transports have fallen considerab...
Mondi opens Moroccan paper bagging factory
Mondi has started production at its EUR16m greenfield bagging plant in Tangier, Morocco, which can produce 100m paper bags each year. This brings Mondi’s total production capacity in West Africa to over 500m bags annually, helping to meet the growing customer demand for paper bags in the region. This plant is Mondi’s fourth site in West Africa (in addition to two other plants in Morocco...
Buzzi Unicem modifies corporate structure
Buzzi Unicem’s corporate revision project, which had already been approved by the Board of Directors and communicated on 3 August 2022 and 8 November 2022, has been implemented. The project provides for the contribution in kind of the business unit relating to the cement operations in Italy in favour of Buzzi Unicem Srl, whose share capital is held entirely and directly by Buzzi Unicem SpA....
Holcim divests business in Russia
Holcim has signed an agreement to sell its business in Russia to the local management team. With the new owners, the business will operate independently under a different brand, said the company in a statement. Closing of the transaction will be subject to regulatory approvals. “This divestment completes Holcim’s market exit from Russia in line with the company’s values to operate in the mos...
Cementa gets go-ahead for Gotland quarry
A Swedish court has given Cementa the green light to continue mining limestone at its quarry on the island of Gotland, heading off the risk of a shortage of cement in the building industry, reports Reuters. Cementa, which is part of Heidelberg Materials , has been clashing with local groups over plans to extend mining on Gotland, where the company produces about 75 per cent of the cement...
UltraTech Cement commissions 1.9Mta grinding plant
UltraTech Cement ( Aditya Birla Group ) has commissioned its 1.9Mta greenfield clinker backed grinding capacity at Pali Cement Works , Rajasthan India. This forms part of the first phase of capacity expansion announced in December 2020, as informed earlier by our letter dated 3 December 2020. The company along with its subsidiary now has 16.25Mta cement capacity in the state of Rajasthan...
Vicat increases stake in Sinai cement
France-based Vicat SA has increased its stake in Egypt’s Sinai Cement from 51 per cent to 67 per cent. According to Reuters, Vicat bought additional shares worth US$5.65m from separate investors on 13 December 2022. Shareholder Arab Industrial Investment reportedly sold its 6.6 per cent share for US$2.29m. Vicat reported consolidated sales of EUR2697m in the 9M22, up 15.7 per cent YoY at...
Dalmia Bharat to acquire Jaiprakash Associates Ltd
Following CemNet's Jaiprakash Associates Ltd news story on Monday , Dalmia Bharat Cement has announced the acquisition of the cement assets of Jaypee Group 's flagship company Jaiprakash Associates Ltd (JAL) and its associate company's at an enterprise value of INR56,660m (US$). In a regulatory filing, Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement (Bharat) Ltd ...