Cement News tagged under: corporate
Mixed January-March results for Taiwan’s cement producers12 April 2023, Published under Cement NewsTaiwan-based Asia Cement Corp saw its revenue slip by 0.1 per cent to TWD8152.982m (US$267.17m) in March 2023 from TWD8160.414m in March 2022. In the January-March 2023 period the company’s quarterly revenue was down 2.4 per cent to TWD19,208.712m from TWD19,681.816m in the January-March 2022 period. Meanwhile, Lucky Cement Co saw a 26.1 per cent increase in revenues to TWD436.03m in March 2023 from TWD345.612m in March 2022. In the January-March 2023 period, revenue increased 24 per ce... |
Gareth Meese promoted to Eriez-Europe MD12 April 2023, Published under Cement NewsMagnet specialist, Eriez ® has promoted Gareth Meese to Managing Director of Eriez-Europe. In this key leadership role within the company’s global group, Mr Meese will be responsible for driving the growth and development of Eriez-Europe, ensuring that its plans align with the organisation’s worldwide corporate strategies. Mr Meese began his career with Eriez as an export sales engineer at the company's Cardiff operations. Over time, he progressed to various other roles within Eriez and... |
Titan reports on record 202211 April 2023, Published under Cement NewsTitan Cement Group has published its 2022 Integrated Annual Report, which outlines the group’s financial, as well as environmental, social and governance (ESG) performance. According to the company, 2022 was a year of record sales and strong profitability growth in all markets and significant progress towards the group’s ESG targets for 2025 and beyond. In terms of its financial performance, 2022 was the second consecutive year of record group sales at EUR2282.2m, up 33.1 per cent YoY... |
Samson Materials Handling Ltd appoint new MD11 April 2023, Published under Cement NewsMartin Dummigan has been appointed Managing Director of SAMSON Materials Handling Ltd, Ely, UK, member of the AUMUND Group of companies, effective from the 1 April 2023. He brings with him more than 30 years of leadership experience in manufacturing and business development with global organisations. "I am delighted to welcome Martin Dummigan to the AUMUND Group. He will be a tremendous asset to AUMUND and SAMSON with his extensive knowledge of manufacturing and his international expe... |
Cementos Molins acquires Tecnoresil11 April 2023, Published under Cement NewsCementos Molins has acquired 100 per cent of Tecnoresil, a company that manufactures and distributes chemical products for industrial and decorative flooring, through its construction solutions subsidiary Propamsa. With this acquisition, Cementos Molins strengthens its strategy of expanding its range of construction solutions. With the acquisition of Tecnoresil, a company with over two decades of experience in the sector, Cementos Molins has expanded its range of continuous flooring sol... |
Sagar Cements suspends production at Mattampally11 April 2023, Published under Cement NewsIndia's Sagar Cements Ltd announced on 6 April 2023 that it was suspending clinker production at its plant in Mattampally , Telangana State. The shutdown is due to maintenance works and is expected to last for 15 days. |
Huaxin acquires majority stake in Oman Cement10 April 2023, Published under Cement NewsOman Cement Company SAOG has confirmed the successful completion of a share purchase agreement between The Investment Authority Company SPC (representing the government’s stake in the cement manufacturer), and Huaxin (Hong Kong) International Holdings Limited. Under the agreement signed last month, Huaxin acquired 59.58 per cent the share capital of publicly traded Oman Cement for a consideration estimated at USD193.1m. The buyer, Huaxin, has assigned its ownership right to Abra Holdings... |
Wonder Cement commissions Aligarh grinding unit06 April 2023, Published under Cement NewsWonder Cement Ltd has taken a step towards commitment to provide the best cement with the commissioning of its state-of-the-art grinding unit at Aligarh , Uttar Pradesh, India, with an installed capacity of 2Mta. On the auspicious occasion of Mahavir Janma Kalyanak, PC Jain (Head - Grinding Unit) and Ashish Chandravat (Unit Head - Aligarh Grinding Unit) led their dedicated team in lighting the lamp and commencing operations. |
Heidelberg Materials acquires RMS Gravel Inc06 April 2023, Published under Cement NewsHeidelberg Materials has acquired all operating assets and reserves of RMS Gravel Inc, a producer of high-quality sand and gravel products located in the Central New York market. The assets of RMS include a single quarry with a fixed processing plant, five portable crushing plants and a material hauling business. “The acquisition of RMS further strengthens our vertically integrated footprint in the growing Central New York area,” said Alex Car, president of the Northeast Region for H... |
Hanson Padeswood to form part of new UK CCUS clusters06 April 2023, Published under Cement NewsThe UK Government has confirmed Hanson ’s Padeswood carbon capture and storage project, based in north Wales, UK, as one of eight projects to be taken forward to negotiations to form the basis of the UK’s new carbon capture, utilisation and storage (CCUS) clusters. This announcement follows the confirmation in the government’s spring budget of GBP20bn (US$25bn) investment for research into CCUS. Hanson UK is constructing a carbon capture facility at the Padeswood cement works, throug... |