Cement News tagged under: corporate
Steppe Cement reports 9% increase in revenue in 3Q2207 October 2022, Published under Cement NewsKazakhstan's Steppe Cement Ltd has posted a nine per cent YoY increase in revenue in the 3Q22. Revenue came in at KZT13,071m (US$27.7m) compared to KZT12,045m in the same period last year. In the 9M22, revenue was KZT32,651m, up 13 per cent YoY from KZT28,812m in the 9M21. The company sold 546,327t of cement in the 3Q22, up two per cent YoY. In the opening nine months of this year, sales reached 1,362,407t, down one per cent from the 1,375,464t reported in the 9M21. The average pri... |
Thatta Cement dispatches up 68% YoY07 October 2022, Published under Cement NewsPakistan's Thatta Cement has reported net sales of PKR4.26bn (US$19.3m) in the 2022 financial year (ended 30 June, 2022), compared to PKR2.43bn in the previous year. Gross profit came in at PKR320m, down on the PKR384m seen in 2021, while profit for the year was PKR119.3m in 2022, versus PKR201.8m in 2021. According to the company, 2022 saw a better performance despite tough market conditions and significant uncertainties due to political instability and the Russian-Ukraine war. Other ... |
Holcim acquires Wiltshire Heavy Building Materials07 October 2022, Published under Cement NewsHolcim has acquired UK-based Wiltshire Heavy Building Materials, a leading building solutions and material circularity company with net sales of over CHF20m (US$20.2m) in 2021. Driving circular construction, Wiltshire recycles 150,000t of construction and demolition waste (CDW) each year into aggregates and concrete with its state-of-the art material recovery system. Miljan Gutovic, region head EMEA at Holcim, says, "I am excited about the acquisition of Wiltshire, to advance our globa... |
Hoffmann Green signs 3-year deal to supply clinker-free cement07 October 2022, Published under Cement NewsFrance-based Hoffmann Green Cement Technologies has signed a three-year deal to supply its clinker-free and low energy cement H-EVA SOL to OTE, a specialist in energy and digital networks, civil engineering, and power plant construction. According to Business Wire, Hoffmann Green will supply OTE with its carbon-free activated clay-based cement, H-EVA SOL, as part of the 'Greenpose' process co-developed by OTE and TESMEC, a provider of a global and innovative solution of optical fibre in... |
ENVEA Global appoints new CEO07 October 2022, Published under Cement NewsENVEA Global, ambient, emissions monitoring and proces system manufacturer, has appointed Trevor Sands as its new CEO. Trevor has extensive senior leadership experience in global industrial businesses. He was most recently Global President of Servomex Group, the global expert in gas analysis. Prior to this he ran the Control Valves business for IMI plc, he was Chief Executive of Cosalt plc and also spent 13 years with Emerson, including leading the Fisher Valves European business and ... |
Dewan Cement appoints new CFO07 October 2022, Published under Cement NewsPakistan's Dewan Cement has appointed Hazrat Ali as its chief financial officer. He succeeds Imran Ahmed Javed. The cement producer currently operates two plants in Pakistan - a 1.7Mta integrated works in District Malir , Sindh, and a 1.13Mt integrated unit in District Haripur , Khyber Pakhtumkhwa. |
Holcim partners with TotalEnergies to fully decarbonise Obourg plant06 October 2022, Published under Cement NewsHolcim has signed a Memorandum of Understanding (MoU) with TotalEnergies to work together to fully decarbonise the cement producer’s Obourg plant in Belgium. In a bid to create the first carbon-free cement plant in Belgium, various energies and technologies will be assessed for the efficient capture, utilisation, and sequestration (CCUS) of around 1.3Mt of CO 2 emitted by the facility every year. Technologies include an innovative new air-oxyfuel switchable kiln, to facilitate the capt... |
Dangote's Obajana cement factory closed off06 October 2022, Published under Cement NewsDangote Cement's Obajana cement factory in Kogi state, Nigeria, has been sealed off by Kogi State Internal Revenue Service (KGIRS). The plant has been closed off because KGIRS is investigating the company over tax evasion and acquisition controversy, according to Politics Nigeria. In explaining the action, Kingsley Fanwo, the Kogi State Commissioner for Information, said: “Pursuant to the Constitutional authorities of the Kogi State House of Assembly, and upon petition by the people of... |
Saint-Gobain and Ecocem join forces to speed up delivery of low carbon products06 October 2022, Published under Cement NewsSaint-Gobain and Ecocem have announced a major partnership focused on accelerating the delivery of low carbon products to market. Designed to reduce CO 2 emissions from cement, mortar and concrete, these products will support the acceleration of the construction industry’s transition to a low-carbon economy. Commenting on the partnership, Benoit Bazin, chief executive officer of Saint-Gobain, said, “As the worldwide leader in light and sustainable construction, Saint-Gobain develops in... |
BillerudKronäs to shorten its name to Billerud06 October 2022, Published under Cement NewsPackaging supplier to the cement industry, BillerudKronäs, is changing its name to Billerud from 12 October 2022. The name change symbolises the company’s growth agenda as well as its development into an even more international company. The legal entities are not impacted in any other respect except that they change name from 'BillerudKorsnäs' to 'Billerud', according to the company. |