Cement News tagged under: Corporate
CEMEX acquires Atlantic Materials27 January 2023, Published under Cement NewsCEMEX has agreed to acquire Canada-based Atlantic Minerals Ltd, including a construction and chemical aggregates quarry and port operations. With this investment, CEMEX has secured a new long-term aggregates reserve for its extensive Florida operations and the US east coast, as well as a source of chemical-grade stone serving a broader geographic footprint, according to the company. The acquisition is expected to increase CEMEX’s aggregates reserves for the US market by approximately 20 pe... |
Roanoke Cement cuts ribbon on new cement silo27 January 2023, Published under Cement NewsTitan America ’s Roanoke Cement recently hosted a ribbon-cutting ceremony for a new silo, constructed at its Winston-Salem terminal. In addition to doubling the storage capacity, the silo has been installed with the latest in digital technology that will enable customers to enjoy fully-automatic load-out, providing 24/7 self-loading capabilities. The Winston-Salem terminal is also currently upgrading and doubling its railcar storage. In view of Titan’s Net zero journey ... |
Tabuk Cement appoint a new chairman and vice-chairman27 January 2023, Published under Cement NewsTabuk Cement ’s board of directors have appointed Yazid bin Khalid Al-Shathri as chairman, and Tareq Alangari as vice-chairman, according to a statement to Tadawul. Amal Redaa was also appointed as board secretary. The board approved the formation of the executive committee, which comprises Yazid Al-Shathri (non-executive) as chairman, as well as Abdul Aziz Al-Khamis (independent), CEO Ali Al-Qahtani (executive) and Mohsen Al-Fahadi (independent) as members. The nominations an... |
Power Cement to use local Thar coal26 January 2023, Published under Cement NewsSindh Engro Coal Mining Co(SECMC) and Power Cement have signed a memorandum of understanding (MoU) for a trial run of Thar coal for cement production in Power Cement's plant at Nooriabad Industrial Area, Kalo Kohar District, Jamshoroo, Sindh, Pakistan. The MoU was signed by Sindh Engro Coal Mining Co CEO, Amir Iqbal, and Power Cement CEO, Kashif Habib. Power Cement's Chief Operating Officer, Ahsan Anis, Director Export Marketing, Saifuddin Khan, and DGM International Trade, Badar Bin An... |
New target markets for East African Portland Cement Co26 January 2023, Published under Cement NewsFollowing its KES500m (US$4m) plant upgrade, The East African Portland Cement (EAPC) is planning to expand within the East African Community member countries and is targeting cement sales in Rwanda and DR Congo. The Athi River-based cement processor has replaced part of its kiln shell at its Athi River plant and is now producing its own clinker. In 2021 EAPC it announced a five year business modernisation and expansion plan to return to profitability. The firm’s CEO, Oliver Kir... |
CEMEX launches Regenera circularity business26 January 2023, Published under Cement NewsCEMEX has announced the launch of Regenera, a business that provides circularity solutions, including reception, management, recycling, and co-processing of waste. Regenera leverages CEMEX’s global footprint and the ability of its production processes to use non-recyclable refuse and industrial by-products as more sustainable substitutes for fossil fuels and natural raw materials. According to CEMEX, Regenera aims to serve a diverse client base which includes industrial, manufacturing, ... |
Cementir appoints new CFO26 January 2023, Published under Cement NewsCementir Holding NV has announced that Roberto Marazza will be appointed group chief financial officer with effect from 15 March 2023. Mr Marazza graduated from Genoa University before starting his career at IBM as accounting manager. Subsequent roles include CFO for fuel and energy, and renewable energy companies such as Total ERG and Italiana Petroli (API Group). |
Titan announces increase in EBITDA after strong 4Q2225 January 2023, Published under Cement NewsTitan Cement has issued a trading update ahead of the group’s full-year results on 22 March 2023, as the preliminary results for EBITDA in the fourth quarter of 2022 are significantly higher compared to market consensus. According to the company, the 4Q22 was very strong for the Titan Cement Group. Sales activity and revenues remained robust while energy costs, as a result of cost-saving actions and market conditions, declined. As a result, preliminary EBITDA for the quarter is EUR98m,... |
HeidelbergCement Trading becomes Heidelberg Materials Trading25 January 2023, Published under Cement NewsHeidelbergCement Trading has become Heidelberg Materials Trading. According to the company, the rebranding is part of ongoing efforts to align the company under one unified identity. “As the building materials industry continues to evolve, we have expanded our product offerings beyond cement, including trading of supplementary cementitious materials such as GBFS, fly ash, and pozzolans, as well as other products such as gypsum, limestone, silica sand, and solid fuels," said the company... |
Holcim expands presence in US roofing market25 January 2023, Published under Cement NewsHolcim has acquired a state-of-the-art fibreglass mat facility in Maryland, USA, from an affiliate company of Maryland Paper. This transaction expands Holcim’s technology platform for high-performing and durable roofing systems. By integrating fibreglass mat into its business, Holcim aims to deliver more value for its customers with an enhanced supply chain. According to the company, this investment supports Holcim’s expansion in the fast-growing US$45bn North America roofing market. Ja... |