Cement News tagged under: corporate
ACC and Ambuja Cements looks to optimise supply chain18 January 2021, Published under Cement NewsIndia’s ACC Ltd and Ambuja Cements have contracted Blue Yonder, a leading digital supply chain provider, to implement a supply chain optimisation and digitalisation process. The software company is expected to help improve sales and operational planning (S&OP) by gaining visibility into daily demand, production and dispatch plans to better predict demand fluctuation and scheduled maintenance, alongside improving logistics and transportation capabilities. "The objective of this project is ... |
Raysut Cement Co sees 8% revenue increase15 January 2021, Published under Cement NewsOman’s Raysut Cement Co has announced a 7.5 per cent YoY rise in revenue to OMR90.3m (US$234.9m) in its unaudited results for 2020, compared to OMR84.06m in the previous year. However, it has posted a loss after tax of OMR14.02m against an OMR2.26m profit in 2019. |
JK Lakshmi Cement invests in IoT and automation15 January 2021, Published under Cement NewsJK Laksmi Cement (JKLC) has recently invested in IoT and automation. The company applying IoT for key operations such as managing fleet, supply chain, and even for water conservation. It is also looking to automate its logistics operations and supply with the help of a machine learning-based platform. "We have been using AI engines for optimising manufacturing operations at our cement production plants across the country. This year we are committed to successfully piloting an automation p... |
Lafarge Cement Zimbabwe diversifies product range15 January 2021, Published under Cement NewsLafarge Cement Zimbabwe (LafargeHolcim group) has completed crucial test runs on a multi-million-dollar dry mortar plant as it aims to turn into a multi-product operation. Lafarge has also entered the tile adhesives range and several allied products to complement the cement operation, which faces stiff competition from imports and stronger domestic peers. The firm has mostly relied on cement production at its decades-old operation in Harare. However, Lafarge said its dry mortar factory... |
Huaxin Cement announces profit decline for 202014 January 2021, Published under Cement NewsChina’s Huaxin Cement expects its net profit to decrease by 9-14 per cent YoY in 2020, compared to CNY6.3bn (US$974m) in the previous year, according to preliminary calculations by the company’s financial department. The company’s performance last year has been attributed to the severe impact of the pandemic in the first half and the large-scale flooding of the Yangtze River in July. Prices also declined, negatively impacting operating income. However, in the third and fourth quarters of... |
New cement association formed for south India13 January 2021, Published under Cement NewsCement manufacturers in India have formed an association exclusively for southern India. The newly-formed South India Cement Manufacturers' Association (SICMA) is headed by N Srinivasan, vice-chairman and MD of India Cements, while Ravinder Reddy, director of Bharathi Cements, will be vice-president of the association. According to Mr Srinivasan, the formation of a south Indian body is required due to the size of the country and the efforts of various state governments to boost infrastruc... |
Star Cement ready to commission Bengal plant12 January 2021, Published under Cement NewsIndia’s Star Cement is expected to begin commercial production soon at its 2Mta grinding unit in Jalpaiguri, north Bengal. "The project is undergoing trials and can begin production anytime soon. This is our first greenfield cement project in West Bengal though we have plyboard manufacturing through Century Plyboards," said Sanjay Agarwal, MD. The company will source clinker from its integrated plant in Meghalaya, while fly ash will be procured from West Bengal or Bihar. "We will invite ... |
Steppe Cement sees revenue up 1% in 202012 January 2021, Published under Cement NewsKazakhstan’s Steppe Cement has reported a one per cent increase in revenue to KZT30.96bn (US$73.59m) in its preliminary update for 2020. However, cement sales volumes declined 4.1 per cent YoY to 1.645Mt from 1.715Mt in 2019. The average ex-factory price in 2020 reached KZT15,760/t, compared with KZT14,885/t in the previous year. "In 2020, cement market consumption in Kazakhstan increased by six per cent to 9.4Mt from 8.9Mt in 2019," said the board. Steppe Cement's local market share wa... |
Udayapur Cement Industry looks to increase production12 January 2021, Published under Cement NewsNepal’s state-owned Udayapur Cement Industry has announced plans to increase production capacity to 800tpd from 350tpd, according to the New Business Age. General Manager, Gopi Krishna Neupane, who has been in charge since Tuesday, has stated that the company is preparing strategies to upgrade the 30-year-old factory with new technology and regulate coal and gypsum imports. The hopes are that the changes will return the company to profit. "Even if we produce 800tpd of cement from the st... |
Breedon appoints Managing Director of GB Contracting12 January 2021, Published under Cement NewsBreedon Group has appointed James Haluch as managing director of its GB Contracting business. He will join in March and will report to the group's chief executive. Mr Haluch has been MD of Highways & Waste Collections at Amey for the last five years. In all, he has nearly 30 years' experience in the contracting and highway services industry, including senior positions with Mouchel and EM (Kier) Highway Services, where he established and led the strategic highways business. Pat Ward... |