Cement News tagged under: corporate
Holcim completes bolt-on acquisitions in the US and Poland28 September 2021, Published under Cement NewsHolcim has closed the acquisition of the Utelite Corp in Coalville, Utah (US), a leading producer of lightweight aggregates. Utelite will join Holcim’s Mountain region, alongside operations in the Denver, Phoenix and Las Vegas metro areas. Founded in 1962, Utelite’s more than 40 employees serve customers across the western USA and western Canada. The operation has more than 60 years of proven and probable reserves. In addition, Holcim closed an agreement to buy Polcalc in Poland. Polcalc e... |
Ecocem appoints Benelux MD and technical director28 September 2021, Published under Cement NewsEcocem is appointing Paul Roos as Ecocem Benelux Managing Director and Joris Schoon as Technical Developer. Prior to this appointment, Paul was the EMEA Commercial Director at Huntsman Corp. At Ecocem, Paul will be responsible for managing Ecocem Benelux, focussing on the roll out of innovation solutions across this region. Joris Schoon joins as Low Carbon Cements and Concrete Technical Developer. Joris has a PhD in civil engineering, specialising in concrete and environment, an... |
International Cement Korday plans new 1.5Mta project27 September 2021, Published under Cement NewsKazakhstan’s International Cement Korday (International Cement Group Ltd) has entered into a joint venture agreement with Nurzhan Shakirov for the construction of a cement plant in Jambyl, Kazakhstan. The new project, Korcem LLP, is expected to have a new 3500tpd dry process cement clinker production line and represents an investment of approximately US$150m from internal sources and third-party financing. The new plant will increase the group's current annual cement production capacity b... |
Holcim Croatia to invest HRK9.6m in low-carbon cement27 September 2021, Published under Cement NewsHolcim Croatia will invest HRK9.6m (US$1.5m) in a project to develop low-carbon cement production. Around 35 per cent of this amount will be a HRK3.3m grant from Innovation Norway. The company plans the launch of to new brands of low-carbon cement. The project will see the construction of a closed warehouse for mineral additives and a new transportation system for their dosage. A successful outcome of the project will enable the company to boost competitiveness, reduce CO 2 emissions an... |
Eagle Cement Corp to consolidate raw material supply chain27 September 2021, Published under Cement NewsThe board of Philippines-based Eagle Cement Corp has approved the 100 per cent purchase of affiliate limestone quarrying firm, Solid North Mineral Corp (SNMC), in a PHP3.57bn (US$69.95m) deal. SNMC is currently majority-owned by Ramon S Ang, chairman of Eagle Cement. The move is expected to consolidate its raw material supply chain. |
Dewan Cement sees 7% rise in turnover27 September 2021, Published under Cement NewsPakistan's Dewan Cement has announced a 7.3 per cent YoY rise in net turnover to PKR6.3bn (US$37m) for the year ended 30 June 2021, compared with PKR5.83bn in the year-ago period. The company also recorded a PKR666.4m loss for the FY20-21, which had contracted against the PKR1.32bn loss seen in the previous fiscal year. |
Arabian Cement decides on court action over limestone dispute24 September 2021, Published under Cement NewsArabian Cement Co of Saudi Arabia has filed a lawsuit against Emaar the Economic City to claim the remaining quantities of limestone it should have received in accordance with an agreement signed between the parties on 28 April 2012. Under the settlement, Emaar EC was committed to provide, free of charge, 50Mt of limestone needed for the cement company's manufacture from the dredging output extracted from the construction of the King Abdullah Economic City port, after obtaining the nec... |
Lafarge Poland's Malogoszcz plant modernisation set to begin23 September 2021, Published under Cement NewsThe foundation stone for Lafarge Poland's Małogoszcz plant modernisation has been ceremonially laid, which signals the beginning of construction of a new rotary kiln. Małogoszcz is expected to produce one of the most environmentally friendly cements on the Polish and European markets, according to a press release. The investment in the project, supported by Krakow Technology Park, is worth over EUR100m. It is expected to result in approximately 20 per cent less CO 2 emissions as the ... |
Raysut Cement Co plans Duqm grinding plant start up for 4Q2123 September 2021, Published under Cement NewsRaysut Cement Co's (RCC) US$30m Duqm grinding unit in Oman will come on-stream in the 4Q21. The Duqm plant will raise RCC’s group output to 7.4Mta, and help the company raise production to 10Mta by 2022. “Duqm plant will add another 1Mta to our capacity, helping us cater to Oman and other regional markets with increased supplies, where construction activity is poised to pick up in post-pandemic resurgence,” said Mr Joey Ghose, group CEO of RCC. As part of developing the Duqm plant... |
Dangote Cement appoints new deputy group MD22 September 2021, Published under Cement NewsNigeria’s Dangote Cement has appointed Philip Mathew as its new deputy group managing director and CEO, with effect from 15 September 2021. Mr Mathew has 34 years of working experience in global and regional cement industries, and has been involved in project management from feasibility to commissioning and stabilisation, according to the group. |