Cement News tagged under: corporate
Iskitimcement ups output by 20%24 January 2022, Published under Cement NewsRussia-based JSC Iskitimcement (owned by JSC HC Sibcem) produced 1.18Mt of cement in 2021, representing a 20 per cent YoY rise. The company also advanced sales by 21 per cent to 1.19Mt in the year. Bulk cement sales, which represent 80 per cent of total sales, reached 954,000t. In addition, 86,000t of cement were shipped in 1t bulk bags and 145,000t were dispatched in 25kg and 50kg paper bags. A total of 92,000t, or 63 per cent of all products sold in paper bags, were supplied on pallets i... |
Cemex extends Puerto Rico Port operation contract24 January 2022, Published under Cement NewsThe Executive Director of the Puerto Rico Ports Authority (APPR), Joel A Pizá Batiz, confirmed that he had renewed a contract to extend the operation of Cemex Puerto Rico at Pier 16 of the Port of San Juan for 20 years . "The renewal of the contract to extend operations responds to the vision of the Government of Puerto Rico to promote and implement recovery efforts in an efficient and effective manner, capitalising on opportunities to rebuild a better and resilient country,” said... |
Solidia Technologies appoints new vice president of R&D24 January 2022, Published under Cement NewsSolidia Technologies ® has named construction materials industry leader and innovator Ambitabha Kumar PhD as senior vice president of Research and Development. Award-winning scientist, technologist and silica expert, Dr Kumar brings to Solidia over 30 years of experience in commercialisation and R&D, helping lead the development of new processes and materials using cements, ceramics, composites and polymers. “I am thrilled to join Solidia’s innovative team and help develop material... |
Seven Rings Cement hold durable concrete seminar21 January 2022, Published under Cement NewsSeven Rings Cement recently organised a seminar titled "Durable Concrete for Sustainable Infrastructure" in Chattogram, Bangladesh. Prof Dr G M Sadiqul Islam, Chittagong University of Engineering & Technology, was present as the keynote speaker. Tahmina Ahmed, additional managing director, Seven Rings Cement, was present as the chief guest. Saif Rahman, director, Shun Shing Group Bangladesh Operations and Nantu Kumar Dey, chief technical officer, Seven Rings Cement were also presen... |
Belarusian plant increases production by 10.5 per cent YoY21 January 2022, Published under Cement NewsThe OAO Krichevcementnoshifer Cement plant in Kirchev, Mogilev Oblast, Belarus increased its cement production by 10.5 per cent YoY in 2021 to 2.001Mt, the company administration told PrimePress. Shipments of cement to domestic and foreign markets in January-December 2021 increased by 11.5 per cent to 2.029Mt. The plant has been operating since September 1996. In January 2012 it was reorganised into an open joint-stock company. The state's share in the company's authorised capital is... |
Savannah Cement seeks KES40bn to fund new clinker plant20 January 2022, Published under Cement NewsSavannah Cement , Kenya, wants to raise KES39.7bn (US$350m) via a bond on the London Stock Exchange to build a clinker production plant. The firm has been relying on imported clinker to meet cement demand. Savannah Cement Chief Executive Samson Shivina said that the firm expects the plant to be completed by mid-2024. "This is entirely being financed by a bond on the London Stock Exchange because locally, we may not find banks who are going to finance such size of the project unless it... |
Carthage Cement turnover rises by 29 per cent in 202120 January 2022, Published under Cement NewsCarthage Cement , Tunisia, finished 2021 with a total turnover of TND325m (US$112.9m), up 29 per cent compared to 2020 and 30 per cent compared to 2019. This performance helped Carthage Cement to keep its leading position on the local market by achieving a 14 per cent rise in the local market share of revenues compared to 2020. A strong recovery was also recorded for exports of cement and clinker, where the turnover was quadrupled from TND8.936m in 2020 to TND47.650m in 2021, a 4... |
Holcim transitions leading US plants to blended cement production20 January 2022, Published under Cement NewsLafargeHolcim US (Holcim group) has announced that its cement plants in Ste Genevieve and Alpena, Michigan, have transitioned to OneCem ® Portland limestone cement (PLC) production, following the successful transition of the company's cement plant in Midlothian, Texas, last year. Portland limestone cement is a blended cement with a higher limestone content, which results in a product that works the same, measures the same, and performs the same, but with a reduction in carbon footprint... |
Holcim issues two sustainability bonds20 January 2022, Published under Cement NewsHolcim Ltd (Switzerland) has successfully issued two sustainability-linked bonds in the Swiss franc market, with climate action at the heart of its financing strategy. The bonds raised CHF325m (US$355.1m) and CHF100m, with maturities in 2026 and 2032 respectively at a cost of 0.35 per cent and 0.90 per cent per annum. Géraldine Picaud, Holcim CFO: "We are proud to be the first company to launch a sustainability-linked bond on the Swiss franc market. The bond attracted new ESG investo... |
Tokyo Cement lays foundation stone for expansion project19 January 2022, Published under Cement NewsThe Management of Tokyo Cement Company (Lanka) PLC recently laid foundation for a factory expansion project in Trincomalee, to increase its manufacturing capacity by a further 1Mta. The project scheduled to be completed by early 2023 will bring Tokyo Cement Group’s total installed capacity to 4Mta, firmly establishing the Company’s position as the largest manufacturer of cement in Sri Lanka. The new expansion project at the Tokyo Cement Factory in Trincomalee reflects the company’s r... |