Cement News tagged under: corporate
FLSmidth Cement and Carbon Re sign cooperation agreement04 July 2024, Published under Cement NewsFLSmidth Cement and Carbon Re have announced a cooperation agreement to integrate FLSmidth’s Cement's ECS/ProcessExpert ® advanced process control software, known as PXP, with Carbon Re's AI-powered cloud platform. This will provide cement producers with access to state-of-the-art process optimisation capabilities that will see artificial intelligence and machine learning uncover energy efficiencies and reduce costs and carbon emissions in industrial processes. The cooperation will unlo... |
Alfalah ul Alami joins WCA as an associate corporate member03 July 2024, Published under Cement NewsThe World Cement Association (WCA) is welcoming Alfalah ul Alami, a mining and construction materials production company, based in Afghanistan, as an associate corporate member. Alfalah ul Alami is a profit-based company that the Islamic Emirate of Afghanistan contracts. In partnership with national and international companies, the company is currently dedicated to constructing a cement plant in the Jabal Al-Sarraj district of Parwan province, amidst vineyards, mineral-rich hills and moun... |
Cementos Moctezuma appoints director of legal affairs02 July 2024, Published under Cement NewsMexico-based Cementos Moctezuma SA de CV , part of Cementos Molins SA , has appointed Fortino Delgado Carillo as its new corporate director of legal affairs. Mr Delgado will replace Belen Molins Benavent, who resigned as of 1 July 2024 for personal reasons. Mr Delgado has more than three years of experience in the legal and corporate affairs of the company and worked previously as a manager of contentious affairs. |
Amran Cement Factory to be modernised01 July 2024, Published under Cement NewsChairman of the Board of Directors of the Yemeni General Corp for Cement Industry and Marketing , Yahya Atifa, has reviewed the progress of production work at the 2Mta Amran Cement Factory . Mr Atifa, accompanied by First Undersecretary Governor, Abdul Aziz Abu Kharfsha, inspected the work conditions at the factory. In the meeting, chaired by Mr Atifa, the performance and work level of all departments and manufacturing formations of the Amran Cement Factory units were discussed. He stre... |
Unacem to invest US$300m to reduce its carbon footprint by 203001 July 2024, Published under Cement NewsPeru-based Unacem Group has published its Corporate Roadmap to 2030, setting a carbon emissions target of 1500kg of CO 2 /t of cement by 2030 in all its operations, representing a reduction from 607kg, and to achieve carbon neutrality by 2050. To achieve the target the company is investing US$300m by 2030. In 2023 the company achieved a reduction of 5kg of CO 2 /to of cement and has set a total reduction target of 6kg for 2024. In the medium term, targets are 21 and 16kg for 2025 and 2026,... |
JK Cement posts 65% YoY jump in PAT01 July 2024, Published under Cement NewsJK Cement has reported revenue from operations of INR109,180m (US$1308m) in FY2023-24 (ended 31 March 2024), up 17 per cent YoY. Net sales over the same period came in at INR105,630m, marking a 16 per cent YoY expansion, while profit after tax jumped 65 per cent YoY to reach INR8310m. Over the 12-month period the company produced 18.53Mt of grey and white cement (including wall putty), up 17 per cent YoY, giving a utilisation rate (excluding Toshali and Fujairah) of 81 per cent. In ter... |
UltraTech commissions Tadipatri production line01 July 2024, Published under Cement NewsUltraTech is commissioning an additional 3.35Mta clinker along with 1.8Mta grinding capacity at its existing unit situated at Tadipatri, Andhra Pradesh, India. The capacity addition forms part of the 22.6Mta capacity expansion announced in June 2022. Furthermore, with debottlenecking, the company has increased the capacity of its grinding unit at Jharsuguda , Odisha, by 0.4Mta taking it to 4.5Mta. As a result, UltraTech’s total cement capacity has reached 154.86Mta. |
UltraTech Cement poised to buy 23% stake in India Cements28 June 2024, Published under Cement NewsUltraTech Cement says it will buy a 23 per cent stake in Chennai-based rival The India Cements for up to INR18.85bn (US$226m), closing the gap on India's Adani Group. The decision was approved by UltraTech's Board of Directors during a meeting held on 27 June 2024. The investment, which is purely financial and not a related party transaction, is expected to help UltraTech retain a strong presence in the southern part of the country, as Adani firms are attempting to boost its hold in the r... |
Dalmia Bharat Cement targets 130Mta28 June 2024, Published under Cement NewsIndia’s Dalmia Bharat Cement plans to reach 110-130Mta of cement production capacity by 2031. The company has also announced an interim target of 75Mta by 2027. According to the company, it aims to achieve this through new construction projects, expanding existing facilities and through acquisitions. In May this year, its cement production capacity stood at 45.6Mt with projects underway to add a further 2.4Mta and 0.5Mta in Assam and Bihar, respectively. A further 9.4Mta will be adde... |
Holcim ramps up use of AI28 June 2024, Published under Cement NewsHolcim is scaling up its use of artificial intelligence (AI) in manufacturing across more than 100 plants worldwide over the next four years, improving efficiency and reinforcing capacity for customers. With AI already deployed at 45 plants to predict and prevent failures before they occur, Holcim will deepen and broaden this application to boost operational resilience. This will entail Holcim further rolling out a state-of-the-art predictive maintenance solution from leading AI platform s... |