Cement News tagged under: Holcim
Siam City Cement to upgrade and reactivate kiln line, Thailand18 February 2013, Published under Cement NewsThailand’s second largest cement producer, Siam City Cement Co (SCCC), reported a 14 per cent rise in revenues for 2012 and says it plans to increase production at its Saraburi works. SCCC, part of the Holcim Group, achieved revenue of THB26.4bn (US$883m) in 2012, on the back of strong domestic cement consumption and significant growth in cross-border exports. Net profit rose by 10.4 per cent to THB3.6bn during the year. Fourth-quarter net revenue tripled YoY to THB756m as net sales surge... |
Holcim (US) receives HandsOn South Alabama's Corporate Citizenship Award14 February 2013, Published under Cement NewsHolcim (US) announced today that its Theodore plant located in Theodore, AL, received the Corporate Citizenship Award from HandsOn South Alabama (HOSA) at the organisation’s 31st annual Heart of Gold Awards. The award honors volunteer service. HOSA mobilises volunteers in the community to make a sustainable and measurable impact in education, the environment, economic stability and emergency preparedness. "I am so proud of the work the employees of the Theodore plant have done in our commun... |
Holcim (US) names Filiberto Ruiz President and CEO07 February 2013, Published under Cement NewsHolcim US has named Filiberto Ruiz as the company's president and chief executive officer. Ruiz's appointment also includes serving as president and chief executive officer of Aggregate Industries US, a Holcim Group Company. Additionally, Bernard Terver, currently a member of the Holcim Ltd Executive Committee, formerly president and chief executive officer of Holcim (US) and Aggregate Industries US, has been named chairman of the board. "As we look to the future, it is clear that Filibert... |
Lafarge Mauritius raises cement price by 7%06 February 2013, Published under Cement NewsLafarge Cement Mauritius Ltd has announced it will raise the price of a 50kg bag of cement following Holcim's move to increase prices by six per cent at the start of this year. Lafarge said it was raise prices from MUR170/bag (US$5.55) to MUR182 (US$5.94) on Monday. The company said the price increase was necessary due to a number of factors. Import, insurance and freight costs have risen by around 6.7 per cent and other costs have been subject to inflationary increases, says the cemen... |
Five killed in Ambuja Cements industrial accident, India04 February 2013, Published under Cement NewsAn industrial incident at Ambuja Cement’s plant in Balodabazar district, Chhattisgarh, has claimed the lives of five factory workers. Local press have reported that the fatalities occurred due to a fly-ash hopper situated on the fifth floor was allegedly overloaded during a maintenance operation and collapsed and crashing four floors below. Police have registered a case against the company management, while the State Labour Department has ordered closure of all plant operations till th... |
Holcim France to close Dannes kiln01 February 2013, Published under Cement NewsAs western Europe is faced with overcapacity in cement capacity, Holcim France has announced the closure of its wet-process kiln at Dannes. Citing a 20 per cent decline in the demand for cement since 2008, the management of the cement major said it would close down its clinker production in September 2013. The step would remove 0.3Mta of capacity and is expected to be followed by a further cut in capacity of 0.35Mt at some stage. Only 15 of 84 employees will remain onsite to produce a... |
HSBC downgrades Holcim31 January 2013, Published under Cement NewsHSBC downgrades Holcim to neutral from overweight and raises target to CHF77 from CHF75 on expectations of a recovery in cement company earnings. "Our forecast is reinforced by recent industry trends in the US and emerging markets countries, energy price falls and self-help programs," according to analysts. |
Holcim Apasco: cement consumption in Mexico expanded 3.5% in 201229 January 2013, Published under Cement NewsHolcim’s Mexican arm, Holcim Apasco, estimates that cement demand in the country grew 3.5 per cent in 2012 compared to 2011. The cement major said the increase in consumption, which reached 35Mt last year, was driven by stronger growth in the infrastructure segment, moderate expansion in self-build housing as well as the construction of industrial buildings, offices and shopping centres. Gustavo Gastelum, the company’s director of external relations and communications, said that recent ... |
Holcim raises cement prices in Mauritius25 January 2013, Published under Cement NewsHolcim raised its price of a 50kg bag in Mauritius to MUR211.60 or US$6.86 (delivery to Port-Louis). In other parts of the island, a premium of around MUR5-10 is paid to trucking costs. The island’s other supplier Lafarge, last raised its prices in April 2012 and a 50kg bag, for delivery to Port-Louis, of their cement costs MUR195.50. In the recent past, the State Trading Corporation stopped importing cement, leaving the two cement producers with a clear field to expand their busine... |
Huaxin to acquire stakes in two Hubei-based companies, China24 January 2013, Published under Cement NewsHuaxin Cement is continuing its acquisitions policy by announcing it plans to acquire stakes in two companies based in Hubei province. The Chinese producer is set to buy a 70 per cent share in two separate companies for a combined price of CNY519m (US$83.4m). Huaxin Cement said that the acquisition will increase its competitiveness in the local cement market. Huaxin Cement is 41.6 per cent controlled by Swiss cement major Holcim. |