Cement News tagged under: corporate
Sagar Cements and Dalmia Cement express interest in Andhra Cements13 July 2022, Published under Cement NewsSagar Cements and Dalmia Cement are reportedly among the companies expressing an interest in Andhra Cements, which is currently undergoing insolvency proceedings, according to The Economic Times. Andhra Cements, part of the Jaypee Group, currently runs two plants in India located in Dachepalli and Visakhapatnam. In the quarter ended 31 March 2022 the company incurred a loss of INR683.1m (US$8.5m), compared to the same period a year earlier. The loss for the financial year ended 31 March ... |
Steppe Cement sees turnover improve 18% YoY in the 1H2213 July 2022, Published under Cement NewsSteppe Cement sold 837,063t of cement in the first half of 2022, compared to 840,661t in the same period a year earlier. While volumes remained stable, turnover over the same period improved by 18 per cent from KZT16,657m (US$35.1m) to KZT19,579m. The average price of delivered cement over the 1H22 was KZT23,391/t, up from KZT19,814/t in the 1H21. The average ex-factory price came in at KZT20,485/t in the opening half of 2022, versus KZT16,571/t in the first half of 2021. Steppe Cement cu... |
Rugby plant opens new bagging line13 July 2022, Published under Cement NewsAt CEMEX UK's Rugby cement plant , a new state-of-the-art bagging line is now operational. Two new lines are now working alongside a recently installed paper bagging line, utilising the very best technology that exists globally, to pack 25kg of cement into weatherproof bags. The new bagging line investment is part of the company's bolt-on investment strategy and allows CEMEX to reinforce availability and service for packed products in the UK market. The new weatherproof packaging soluti... |
Taiwan Cement and Chia Hsin see June revenue increase13 July 2022, Published under Cement NewsTaiwan Cement Corp reported a 7.8 per cent increase in revenue to TWD9145.989m (US$306.5m) in June 2022 from TWD8480.821m in June 2021. However, in the first half of 2022 the company’s revenue slipped 3.8 per cent to TWD48,144.732m from TWD50,023.365m. Chia Hsin Cement’ s revenue increased 8.5 per cent to TWD183.177m in June 2022 from TWD168.756m in June 2021. In the first six months of 2022 Chia Hsin’s revenue slipped from 1094.913m in the 6M21 to TWD1027.363m. |
CEMEX completes bolt-on aggregates acquisition12 July 2022, Published under Cement NewsCEMEX has announced that it has completed the acquisition of a 53 per cent stake in German aggregates company ProStein. The investment expands CEMEX’s aggregates business in the region while increasing the lifespan of its aggregates reserves in Europe. The company’s aggregates sales in Germany are expected to double with the acquisition. ProStein’s assets include six active hardstone plants and six construction, demolition, and excavation waste (CDEW) recovery sites. This deal is part o... |
Holcim MAQER partners with Binni12 July 2022, Published under Cement NewsThrough the Holcim MAQER platform, Holcim Group is partnering with Binni, a start-up at the forefront of easing collaboration in the construction industry. Binni's cloud-based software allows teams to make decisions based on real-time data, improving efficiency and helping them to make greener choices. |
Hanson gives ready-mix truck Pride livery12 July 2022, Published under Cement NewsHanson UK ( HeidelbergCement Group ) has given a ready-mixed concrete mixer and an aggregates tipper truck a colourful makeover to mark the 50 th anniversary of Pride marches in the UK and show its support for the LGBT+ community. The vehicles can be spotted making deliveries across the Bristol area and were also part of the company’s presence at the Bristol Pride festival held on The Downs in the city on 9 July. Members of the Hanson team also took part in the walking parade, wearing... |
Nepal makes export debut to India11 July 2022, Published under Cement NewsNepal has exported cement to India for the first time. According to Palpa Cement Industries Ltd, the company shipped 3000 sacks of its Tansen brand to India on 9 July 2022 and will be exporting there on a daily basis as per demand going forward. Although Nepali cement products face stiff price competition in India, demand for PPC cement is high in the Indian market, compared to OPC cement. Palpa Cement believes cement exports could reduce Nepal's trade deficit with India by 15 per cent, r... |
Cementa's application for a short mining permit continues11 July 2022, Published under Cement NewsCementa ( HeidelbergCement group ) submitted its application for a shorter mining permit of four years to the Land and Environment Court in April this year. Authorities, associations and the general public have since been able to take part in the application and submit comments on it. Cementa has taken note of the opinions submitted by a dozen authorities and associations, such as SGU (the state's expert authority regarding groundwater and mineral extraction), the Swedish Environment... |
Siam Cement plant catches on fire11 July 2022, Published under Cement NewsPT Siam Cement Group ( SCG) factory on Jalan Palabuhan II, Sukabumi Regency, Thailand, has caught fire. The cause of the fire is not yet known. A number of vehicles and firefighters entered the factory area to extinguish the fire. There were no casualties in the incident. The President Director of PT Semen Jawa and PT Tambang Semen Sukabumi, Somchai Dumrongsil, confirmed the fire outbreak. |