Cement News tagged under: Corporate
Spa Biskria Ciment is new WCA corporate member06 June 2024, Published under Cement NewsAlgeria-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 to white, giving a capacity of 750,000tpa of white cement. “Spa Biskria Ciment’s membership in WCA ... |
Vicat's Kalburgi plant begins training at its new AFR lab05 June 2024, Published under Cement NewsVicat 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 the programme. The participants were introduced to a range of advanced laboratory instruments, incl... |
Heidelberg Materials introduces new line of recycled concrete aggregates05 June 2024, Published under Cement NewsHeidelberg 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 encouraging the use of recycled concrete aggregate (RCA) in the state’s roadways. Both the Washingt... |
Saint-Gobain continues Canadian expansion05 June 2024, Published under Cement NewsSaint-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 to Saint-Gobain, the acquisition ensures it is “ well positioned to better serve Canadian custome... |
Holcim acquires UK-based Land Recovery05 June 2024, Published under Cement NewsHolcim 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 Holcim’s access to construction demolition materials, with Land Recovery recycling more than 300,000t... |
Fives Pillard appoints new MD05 June 2024, Published under Cement NewsFives 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 the managing director of Fives Cryomec in the cryogenics sector. |
Sagar Cements posts 15% YoY production growth04 June 2024, Published under Cement NewsIndia'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 at a loss of INR520.5m, compared to a gain of INR96.1m in the previous year, while earnings per share... |
CEMARK ready to play its part in Ukraine's recovery04 June 2024, Published under Cement NewsCEMARK ( 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 meet market needs. CRH is a leading global provider of building materials solutions. Operating under... |
Sinai Cement sees net sales fall in 1Q2403 June 2024, Published under Cement NewsSinai 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 year earlier, reports Zawya. On a standalone basis, net profit in the first three months of 2024... |
Barak Valley Cements posts revenue growth YoY31 May 2024, Published under Cement NewsIndia-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, driven primarily by the cost of materials consumed. Basic earnings per share declined from INR0.58 in the... |