Cement News tagged under: corporate
Udaipur Cement Works sees sales rise 15%21 January 2021, Published under Cement NewsIndia’s Udaipur Cement Works has seen its net profit surge to INR155.5m (US$2.13m) in the quarter ending 31 December 2020, compared to INR9.7m in the year-ago period. Sales also increased 15.4 per cent YoY to INR1.83bn from INR1.59bn in the 3QFY19-20. |
Hoffman Green Cement launches construction second plant21 January 2021, Published under Cement NewsHoffmann Green Cement Technologies (HGCT) has started work on the construction of its second cement plant, which represents an investment of EUR22m. Located in Bournezeau in the Vendée region of France, the facility will have the capacity to produce 0.25Mta of low-carbon cement. Commissioning is scheduled for the second half of 2022, according to Ll’Usine Nouvelle. |
Cemex Philippines' US$235m project reaches milestone20 January 2021, Published under Cement NewsCemex Philippines' US$235m project has reached a milestone as the company has lifted the rotary kiln into place for its new line. Upon completion, the 1.5Mta expansion at Solid Cement will raise capacity to 3.4Mta. "This milestone demonstrates our full commitment to the development of the country and brings us closer to further strengthening our position in providing the infrastructure and building needs for economic development," said Ignacio Mijares, CEO and president, Cemex Holdings Ph... |
Ciments Calcia one step closer to Airvault modernisation20 January 2021, Published under Cement NewsCiments Calcia, part of the HeidelbergCement Group, moved one step closer to the modernisation of its Airvault plant as the local community council approved the revision of the local urban plan to incorporate the planned modifications to the cement plant. The modernisation will see the replacement of the two existing clinker production line by a single line as well as best available techniques-based emissions control and the modernisation of the grinding unit by the replacement of the unit... |
Cbb makes 2025 growth plan20 January 2021, Published under Cement NewsChile-based Cbb looks forward to 2025 with optimism, said the company’s Corporate General Manager, Enrique Elsaca Hirmas, after a year that saw the impact of the coronavirus pandemic. In the first nine months of 2020, Cbb’s revenues fell 14 per cent YoY to CLP168.986bn (US$229.2m) but while full-year figures are expected to show a decline, this will be below the 9M20 drop. In addition, the company is completing the implementation of the current US$150m Transforma 2021 plan. A total of US... |
The TCMB changes its identity to TURKCIMENTO20 January 2021, Published under Cement NewsThe Turkish Cement Manufacturers' Association (TÇMB) has a new identity and logo. In future, the organisation will be known under the name of T ÜRKÇİMENTO , representing a total of 66 plants and also being an international representative of the Turkish cement industry. Promoting the change of its identity and logo at the launch meeting held on 18 December 2020, the association shared its vision of the future as T ÜRKÇİMENTO with the public . As T ÜRKÇİMENTO we say that: "We a... |
Damani family increases stake in India Cements19 January 2021, Published under Cement NewsRadhakishan Damani and Gopikishan Damani have increased their stake in India Cements during the October-December 2020 quarter. Radhakishan Damani increased his stake by 0.54 per cent, now holding an 11.34 per cent stake in the company against 10.8 per cent at the end of the July-September quarter. At the same time, his brother Gopikishan Damani now owns 8.46 per cent of the total paid-up capital in the company, up from 8.26 per cent in the 2QFY20-21. In addition, together the brothers ... |
Cherat Cement Co plans Line No 1 modernisation19 January 2021, Published under Cement NewsCherat Cement Co Ltd has informed Pakistan Stock Exchange (PSX) that the Board of Directors in its meeting held on 18 January 2021, decided to undertake balacing, modernisation and replacement (BMR) for Cement Line 1 and install the main crusher at Lakrai village, Nowshera district, Khyber Pakhtunkhwa (KPK) province, Pakistan. According to Executive Director and Company Secretary, Abid Vazir, these measures will help improve the operational efficiencies of the plant. The total cost of BMR... |
Indocement targets 4% sales growth19 January 2021, Published under Cement NewsHeidelbergCement-owned PT Indocement Tunggal Prakarsa Tbk is targeting a four per cent sales volume growth this year on the condition that the business world will resume operations following COVID-19 vaccination programmes, according to the company’s Director and Corporate Secretary, Antonius Marcos. Last year sales of the Indonesian cement producer reached 16.5Mt and the new objective sets expected sales in 2021 at 17.16Mt. However, the growth target remains below the 18.1Mt sales of 2018 ... |
Onyx Group to begin operations at 3.6Mta plant this year19 January 2021, Published under Cement NewsSri Lanka’s Onyx Group is expecting to commence operations at its new grinding plant this year, according to Nandana Lokuwithana, chairman of the group. The US$100m project is expected to have a 3.6Mta capacity and be based in Mirijjawila, Hambantota. |