Cement News tagged under: corporate
CIMERWA posts 6M revenues of RWF44bn01 July 2022, Published under Cement NewsCIMERWA Plc ( PPC Group ) has announced a RWF5.2bn (US$5m) net profit in the six months for the period ended 31 March 2022 with total revenue of RWF44bn, indicating a 45 per cent increase compared to the same period last year. Albert Sigei, the CEO of CIMERWA Plc, said: “It has been a great six months and the main factors that helped us include improvement in plant operating efficiency and also some projects that allowed us to open up additional air capacity organically within the... |
Schwenk Latvija opens new grinding plant01 July 2022, Published under Cement NewsSchwenk Latvija has opened what it calls “one of Europe’s most sustainable grinding plants”. The new works at Brocēni was commissioned in June 2022 and took just 20 months to complete. The grinding circuit, which was supplied by Christian Pfeiffer, produces high-quality cement such as CEM I 52.5R with up to 5600 Blaine. |
Hanson receives social value management certificate30 June 2022, Published under Cement NewsHanson UK ( HeidelbergCement group ) has become the first building materials supplier to be awarded the Social Management Certificate Level 1 ‘Commit’ by Social Value UK. The announcement recognises the company’s commitment to implement systems and processes that will help it measure, manage and maximise its social value and its impact on, and role in, society. It follows an assessment carried out by Social Value UK and marks Hanson’s first step to increase the value it creates for i... |
Nuvoco Vistas to open 1.2Mt grinding plant29 June 2022, Published under Cement NewsNuvoco Vistas Corp Ltd , India's fifth-largest cement group, is planning to set up a 1.2Mta grinding plant at its existing works in Bhiwani , Haryana, as part of its expansion in the North region of the country. According to the company, the new grinding facility will aid full utilisation of clinker production in the region. Its flagship brands - Concreto, Duraguard and Double Bull - offer a mix of products across all price points, with Double Bull the fastest growing cement brand in th... |
The India Cements acquires Springway Mining Pvt Ltd29 June 2022, Published under Cement NewsThe India Cements Ltd has completed its acquisition of Springway Mining Pvt Ltd (SMPL). With effect from 27 June 2022, SMPL has become a wholly-owned subsdiary of The India Cements Ltd. SMPL is in the process of setting up a cement plant in Madhya Pradesh. |
Sika to open new US concrete admixtures plant29 June 2022, Published under Cement NewsSika is opening a new manufacturing plant for concrete admixtures in Stafford, Virginia, USA to help meet demand in the Northeast and Mid-Atlantic regions. According to the company, the new plant is well positioned to support the addiitonal needs of the announced infrastructure programme of CHF200-250bn (US$209-216bn) in these two regions. The new facility in Stafford will be the second-biggest manufacturing plant for Sika concrete admixtures in the USA. "This investment allows us to sign... |
WCA welcomes Maweni Limestone29 June 2022, Published under Cement NewsThe World Cement Association (WCA) announced that Maweni Limestone Ltd , a subsidiary of Huaxin Cement Group , has joined the organisation as a corporate member. Located in Tanzania, Maweni Limestone is one of east Africa’s leading cement producers. Acquired and rebuilt by Huaxin Cement Group in 2020, the company has an output of 1.5Mta of cement. WCA CEO, Ian Riley, comments: “We look forward to the contribution they will make to our efforts to share and improve best practice among me... |
Ecocem welcomes new national sales manager UK29 June 2022, Published under Cement NewsEcocem has appointed Mark Till as national sales manager for the UK. Mr Till, an employee of Ecocem GB for the past three years, brings over 20 years of construction experience to his new role. Prior to joining Ecocem, he worked in the admixture industry and has an in-depth knowledge of the UK concrete and cement markets. Commenting on Mr Till's appointment, Micheál McKittrick, managing director of Ecocem Northern Europe, said, "Mark has been instrumental in our success in the UK market o... |
PPC reports 11% increase in revenue in FY2228 June 2022, Published under Cement NewsPPC has reported group revenue for the 12 months ended 31 March 2022 of ZAR9882m (US$621.9m), an increase of 11 per cent YoY. Excluding Zimbabwe, group revenue was up five per cent, while revenue in PPC Zimbabwe alone advanced by 34 per cent on the back of a 28 per cent upturn in volumes. Profit before tax from continuing operations came in at ZAR186m, compared to ZAR1765m in the year-ago period, due in part to PPC Zimbabwe incurring a loss before tax of ZAR67m, and impairments of ZAR38m. ... |
CEMEX launches green financing framework28 June 2022, Published under Cement NewsCEMEX has launched its Green Financing Framework (GFF), the first in its sector, further expanding the company’s commitment to sustainable finance and building a more sustainable world, the company announced in a press statement. The GFF enables CEMEX to issue green financing instruments aligned with the International Capital Market Association (“ICMA”) Green Bond Principles and the Loan Market Association Green Loan Principles. Under the GFF, CEMEX intends to allocate the net proceeds f... |