Cement News tagged under: Holcim
Industry appointments at Ambuja and ACC06 December 2013, Published under Cement NewsThe Holcim Group has appointed Bernard Trever has an additional director on the board of Ambuja Cements Ltd. Mr Trever has over 35 years of experience in the cement business and has been part of Holcim Ltd since 1994 where he has held senior positions including that of Chief Executive Officer of Holcim Colombia and Holcim US. Meanwhile, ACC's chief executive and managing director Kuldip Kaura has received a one-year extension in his current position till December, 2014. "We wish to inform ... |
Holcim02 December 2013, Published under Cement NewsHolcim's turnover for the first nine months declined by 6.1 per cent to CHF14,941m, while in euro terms the reduction was eight per cent to EUR12,136m and in US dollar terms the decline was 5.7 per cent. The Asia-Pacific region generated 37.5 per cent of group turnover, down from 39.3 per cent a year earlier, while Europe represented 28.4 per cent, up from 26.5 per cent. Latin America contributed 17.1 per cent against 15.6 per cent, North America 15.7 per cent against 14.3 per cent and Afric... |
Holcim Romania inaugurates WHR project25 November 2013, Published under Cement NewsHolcim Romania has inaugurated a EUR15m new waste heat recovery investment at its Alesd plant which is set to meet around 15 per cent of the plant’s electricity needs. “The investment we are inaugurating today at our plant in Alesd is part of Holcim Romania’s consistent efforts to reduce the consumption of energy and natural resources by implementing the best available technology in the field,” Daniel Bach, general director Holcim Romania, said. Despite a difficult trading environment,... |
Swiss poll could limit executive salaries21 November 2013, Published under Cement NewsNine months after putting checks on excessive payouts for executives in a referendum, Europe's best-paid voters will decide on Sunday whether to cap the highest wages in a company at 12 times the lowest pay. Swiss corporations and the government have joined forces to oppose the so-called 1:12 initiative, which is forecast to be rejected. The payscale at Holcim, formed 101 years ago in the Swiss village of Holderbank, underscores the challenge for multinational companies to comply with the p... |
ETAP keeps El Salvador plant running18 November 2013, Published under Cement NewsHolcim's Cement plant in El Salvador continues to deliver impressive operating results, following the implementation of the ETAP Real-Time Intelligent Load Shedding (ILS) system. In the year prior to the deployment of ETAP ILS, the facility experienced 20 power outages. However, over the course of the two-year commissioning and tuning period for the ILS installation, Holcim experienced just one power cut. ETAP was approached by Holcim to provide a solution to a slow and unreliable load-she... |
Holcim gets FIPB approval for India restructure14 November 2013, Published under Cement NewsHolcim has received approval from the Foreign Investment Promotion Board (FIPB) of India to merge Holcim India Private Ltd (HIPL) with Ambuja Cements as part of plans to streamline its operations there. Holcim, which holds majority stakes in ACC and Ambuja Cements, announced plans in July to consolidate operations. In a two stage deal, Ambuja will first acquire a 24 per cent stake in HIPL for a cash consideration of INR35,000m (US$~600m), followed by a stock merger between HIPL and Ambuja.... |
KHD wins bid to modify Holcim's Hagerstown plant12 November 2013, Published under Cement NewsKHD Humboldt Wedag International AG’s Americas Customer Service Center based in Atlanta, Humboldt Wedag Inc, recently signed a contract with Holcim (US) Inc for engineering, delivery of equipment, and site services to modify the existing production line at its Hagerstown, Maryland plant. The contract, which includes a KHD designed pyroprocessing system will increase the line’s production rate to 2400tpd and be compliant with the new NESHAP environmental regulations. KHD’s responsiveness ... |
Argentinan capacity at its limits?07 November 2013, Published under Cement NewsCement production capacity in Argentina is reaching its limit, according to Sitio Andino. The rupture of a filter that paralysed Loma Negra’s San Juan works for a month-and-a-half, at a time when the Mendoza construction sector enjoyed a recovery, has highlighted the tight fit between supply and demand in the South American country. Delivery lead times shot up to 30-45 days and prices surged at retail level to around US$58/50kg bag. Loma Negra and Holcim, two major cement producers recog... |
Holcim management reshuffle07 November 2013, Published under Cement NewsHolcim has announced a series of changes in their most senior management team that will further streamline and focus the leadership of the company. Bernard Terver, a member of the Holcim Executive Committee, will assume responsibility for Africa, the Middle East and the Indian subcontinent (India, Sri Lanka and Bangladesh). Onne van der Weijde will remain area manager for India and will be instrumental in the foreseen restructuring of the two Indian operations ACC and Ambuja Cements. Javi... |
Holcim held back by weaker Indian and Mexican markets05 November 2013, Published under Cement NewsHolcim's turnover for the first nine months declined by 6.1 per cent to CHF14,941m, as weaker Indian and Mexican markets hold back the company's performance. In euro terms the reduction was 8.0 per cent to EUR12,136m and in US dollar terms the decline was 5.7 per cent. The Asia Pacific region generated 37.5 per cent of group turnover, down from 39.3 per cent a year earlier, while Europe represented 28.4 per cent, up from 26.5 per cent. Latin America contributed 17.1 per cent against 15.6 ... |