Cement News tagged under: corporate
Inform appoints four new co-CEOs to further company expansion12 January 2021, Published under Cement NewsInform has announced four new co-CEOs to join Adrian Weiler, the company's CEO since 1986, who continues in his leadership role. Dr Andreas Meyer, Matthias Berlit, Peter Frerichs and Dr Jörg Herbers have assumed their new roles effective 1 January 2021. Inform develops software for the optimisation of business processes using digital decision making based on artificial intelligence and operations research. In addition to ensuring continuity in its customer and employee relations, the ex... |
Hama Cement sees cement production reach 1.06Mt in 202011 January 2021, Published under Cement NewsThe Syrian Co for the Manufacture of Cement and Building Materials (Hama Cement) has reported 1.06Mt of cement production for 2020. Clinker production also reached 714,000t during the year, according to the Syrian Arab News Agency (SANA) . Ali Ja’abo, general manager, noted that the technical and production teams at the company have created new working methods, equipment and devices that have proven their efficiency, which contributed to reducing costs and increasing the production. As a ... |
LafargeHolcim Bangladesh enters aggregates market11 January 2021, Published under Cement NewsStocks of LafargeHolcim Bangladesh on the Dhaka Stock Exchange (DSE) rose 9.8 per cent after the company announced it will be entering the aggregate business. LafargeHolcim Bangladesh commenced commercial production of clear-size-graded aggregate last Saturday, the company said in a filing on the DSE. The aggregates are graded limestone chips with uniform size and shape conforming to international standards, it said. The company has set up the crushing unit with ancillary equipmen... |
Record production at Caribbean Cement in 202011 January 2021, Published under Cement NewsCaribbean Cement Company (TCL/Cemex group) says it reached a new record in 2020 by manufacturing more than 940,000t of cement in response to market demand in Jamaica. "The market responded opposite to what might have been expected given the pandemic. Instead of slowing down, construction grew, and we kept in step with our customers by meeting their demand consistently. We will continue to ramp up production as the market grows," said Yago Castro, general manager of Caribbean Cement Ltd ... |
Asia Cement Corp reports 3% increase in December revenue08 January 2021, Published under Cement NewsTaiwan’s Asia Cement Corp has reported a 2.5 per cent YoY increase in revenue to TWD8.32bn (US$297.2m) for December 2020, compared with TWD8.12bn in the year-ago period. In the full-year 2020, revenue declined 12.4 per cent YoY to TWD78.24bn from TWD89.34bn. |
Cemex announces pricing of US$1.75bn senior secured notes08 January 2021, Published under Cement NewsCemex SAB de CV announced the price of US$1.75bn of its 3.875 per cent senior secured notes due in 2031 and denominated in US dollars. The notes have a semi-annual interest rate of 3.875 per cent and mature on 11 July 2031. The notes are to be issued on 12 January 2021, subject to customary closing conditions. Cemex intends to use the proceeds of the offering for general corporate purposes. |
Shiva Cement receives approval for 1.32Mta project07 January 2021, Published under Cement NewsIndia’s Shiva Cement (JSW Cement) has now received approval from the state government of Odisha to add 1.32Mta of clinker capacity and 1.05Mta of cement production capacity in the form of a new facility in the Sundargarh district. The project, worth INR15.23bn (US$207.88m), received clearance during a High-Level Clearance Authority (HLCA) meeting on Wednesday. |
NCL Industries sees 50% rise in production07 January 2021, Published under Cement NewsIndia’s NCL Industries has announced a 49.5 per cent YoY increase in cement production to 632,746t in the third quarter of the FY20-21, rising from 423,199t in the year-ago period. Cement dispatches also climbed 45.1 per cent YoY to 625,162t from 430,861t in the 3QFY19-20. |
LafargeHolcim appoints new Romanian CEO and country head for Moldova07 January 2021, Published under Cement NewsLafargeHolcim has announced the appointment of Bogdan Dobre as its new CEO for Romania and country head for Moldova effective from 1 January 2021. Dobre replaced Horia Adrian, who ran the company's operations in the two countries in the last three years, LafargeHolcim said in a press release. Mr Dobre joined Holcim Romania in 2000 and was commercial director between 2013 and 2020, director of the concrete and aggregates division between 2011 and 2013, and national cement sales ma... |
Magnum Group seeks to increase production06 January 2021, Published under Cement NewsGeorgia’s Magnum Group has announced plans to increase cement production in the future. Paata Nikvashvili, director of the company, noted that the company hopes to reach 12,000t of cement production per month from the current 6000t. The company also noted the difficulty of trading during last year. "We started working in June. We were suspended before due to the pandemic. Everything was paralysed. When we started functioning, we were satisfied with our work, however, the sales rate is dec... |