Cement News tagged under: corporate
Howden appoints market director for carbon capture13 September 2022, Published under Cement NewsHowden has appointed Mark Courtney as global market director of carbon capture utilisation and storage (CCUS). In his new role, Mr Courtney will provide leadership and vision to develop Howden’s CCUS offering, developing and managing key partnerships to support pilot and commercial CCUS projects. The prime focus will be enabling customers’ vital processes using the company’s full product range, customised to specific project requirements. Howden’s CCUS offering will support the cement se... |
Mississippi Lime acquires Singleton Birch12 September 2022, Published under Cement NewsSingleton Birch has been acquired by Mississippi Lime Co (MLC), one of the US’s oldest independent suppliers of lime products, for an undisclosed sum. Mississippi Lime Co, an HBM Holdings company headquartered in St Louis, Missouri, is one of the leading global suppliers of high-calcium lime products and technical solutions. The family-owned business, which has a history stretching back over a century, operates the largest lime facility in the Americas. Paul Hogan, president and ch... |
Adani plans management shake-up following takeover12 September 2022, Published under Cement NewsGautam Adani, his son Karan and his nephew Pranav, are expected to join the management boards of ACC Ltd and Ambuja Cements . As part of an overhaul of the top management of both companies, following their takeover by the Adani Group , some existing members of the boards are expected to step down, including the following board members at Ambuja Cements: N S Sekhsaria, chairman, Jan Jenisch, vice chairman, Neeraj Akhoury, managing director and CEO, and Martin Kriegner, director – one sour... |
Christian Pfeiffer introduces high-performance ROC12 September 2022, Published under Cement NewsThe Rapid Object Classifier (ROC) is Christian Pfeiffer’s high-efficiency classifier working mainly in closed circuit with a ball mill or pin mill respectively in the grinding or in the coating plant, and occasionally as a stand-alone system. The ROC can achieve a fineness of up to 98 per cent <5.0µm, depending on machine size and material, while keeping highest performance. The efficiency that this classifier delivers is outstanding processing capacities from 1200m 3 /h until 55,000m ... |
CEMEX restarts line in Dominican Republic12 September 2022, Published under Cement NewsCEMEX has restarted the 0.5Mta Line 1 at its San Pedro de Macorís plant in the Dominican Republic. The US$34m upgrade project began in 2021 and forms part of the company’s expansion plans to help support local cement demand in the country. The next stage of the expansion plans includes increasing production and dispatch capacity, as well as augmenting the use of waste-derived fuels, state-of-the-art additives, and expanding the pioneering use of hydrogen as a catalyst in its two produ... |
Cemento Polpaico reports 17% rise in 1H revenues, 1H profits are down09 September 2022, Published under Cement NewsCemento Polpaico SA reported revenues of CLP178.053bn (US$201.8m) in the January-June 2022 period, up 16.9 per cent when compared with CLP152.376bn in the January-June 2021. The Chilean cement producer has attributed the increase in revenues mainly to “the updating of the price level in all businesses as a result of the strong increase in the costs of production and distribution resulting from rise in inflation, rise in the exchange rate, rise in the cost of fuel and the increase in the co... |
Cherat Cement greenfield project likely to be delayed09 September 2022, Published under Cement NewsThe management of Cherat Cement Ltd informed that a letter of credit for the 8000-9000tpd greenfield project at Dera Ismail Khan in Khyber Pakhtunkhwa, Pakistan, has not been opened yet and may be delayed. It added that new letters of credit cannot be opened currently due to State Bank of Pakistan restrictions and economic instability. The cost of the project will be decided once the PKR-US$ partity stabilises, but it is estimated at US$40m. To date, the project has seen ground works s... |
Asia Cement posts TWD59bn revenue in 8M2209 September 2022, Published under Cement NewsTaiwan-based Asia Cement Corp reported a 1.7 per cent drop in revenues to TWD7.069bn (US$228.5m) in August 2022 when compared with the TWD7.193bn posted in August 2021. In the first eight months of 2022 revenues saw a 8.1 per cent YoY advance from TWD54.657bn to TWD59.103bn. |
Carthage Cement reports 5% fall in 1H net profit09 September 2022, Published under Cement NewsTunisia-based Carthage Cement posted a five per cent drop in net profit to TND15.3m (US$4.8m) in the 1H22 when compared with TND16.1m in the 1H21. Revenues in the January-June 2022 period advanced three per cent to TND168.6m from TND163.8m in the year-ago period. Operating expenses increased by three per cent YoY from TND133.6m to TND138.4m in the 1H22. As a result, the company’s operating profit contracted by 5.5 per cent to TND36.6m while in the year-ago period it had reached TND38.7m... |
CEMEX supplies longest bridge in the Philippines08 September 2022, Published under Cement NewsCEMEX has announced that it was the sole supplier of cement for the construction of the longest bridge in the Philippines. The company supplied nearly 70,000t of cement for the construction of the Cebu-Cordova Link Expressway (CCLEX), which was inaugurated in April this year. CCLEX connects Cebu City to the municipality of Cordova on Mactan Island and spans a total of 8.9km, standing on twin tower pylons reaching 145m in height. The bridge, which cost PHP33bn (US$577.8m) to construct, i... |