Cement News tagged under: corporate
Cementos Argos reopening Colombian plants16 April 2020, Published under Cement NewsCementos Argos announced it will be partially reopening its operations in Colombia to supply the public works that were given the go-ahead by Decree 531 of April 2020. The Rioclaro works in Antioquia as well as a limited number of concrete plants will open, in line with health and safety guidance defined by the authorities, according to Valora Analitik. "The company is ready to scale up its operation in the country once the activity of construction of buildings and the commercialisation of... |
Gujarat Sidhee Cement resumes cement production16 April 2020, Published under Cement NewsIndia’s Gujarat Sidhee Cement started up the production of cement again yesterday, in compliance with permission received from the government. The company will comply with directives being issued by the central and state government, as well as local administration, for the safety and wellbeing of its workers. However, the overall impact of the coronavirus upon the company's operations is difficult to assess at present. |
Lehigh Cement releases 54 employees at Glen Falls plant16 April 2020, Published under Cement NewsLehigh Cement has laid off 54 of its 90 employees at its Glen Falls plant, New York state, USA, in the wake of a construction slowdown attributed to the spread of COVID-19. The company plans to discontinue most of its cement production at its Glens Falls plant, as well as operations at its quarry in Moreau, said David Dreyer, the plant manager. "The layoffs are expected to be temporary and will take effect over the next two weeks," Dreyer added. "Lehigh will begin paying 100 per cent of af... |
Steppe Cement 1Q20 cement sales fall by 11%16 April 2020, Published under Cement NewsIn the 1Q20 Steppe Cement Ltd sold 235,896t of cement for KZT4003m (US$9.4m) compared to 266,393t in the 1Q19, a decline of 11 per cent. Kazakhstan's cement market increased in 1Q20 by 15 per cent over the corresponding period of the previous year. The company maintained pricing over volumes in the 1Q20 but saw its market share decrease to 13.3 per cent from 17.4 per cent in the 1Q19. The average price for delivered cement in the 1Q20 was KZT16,970/t, compared with KZT16,723/t in the 1Q... |
Eagle Materials appoints new board member16 April 2020, Published under Cement NewsUSA-based Eagle Materials has appointed Mary Ricciardello to its board of directors. Ms Ricciardello’s previous experience includes seven years on the board of US Concrete. “We are extremely pleased to have Mary join our board. Mary is a proven leader and will be a great complement to the strong leaders on our board today. The addition of Mary to the board is also timely in that it provides additional flexibility in light of prospective board needs as we plan for the separation of Eagle M... |
Titan publishes its 2019 annual report15 April 2020, Published under Cement NewsTitan has published its 2019 annual report outlining the group's financial, environmental and social performance. While Titan delivered another solid financial performance and made good progress on its 2020 environmental and social targets, responding to climate change and the digital revolution, the coronavirus broke out during the writing of the report. TITAN has mobilised to take measures to protect its staff. An assessment of the impact of COVID-19 is included in the report. Dimi... |
Akhangarancement completes kiln housing installation15 April 2020, Published under Cement NewsEurocement has completed the installation of the rotary kiln housing at its 3Mta Akhangarancement project in Uzbekistan, according to a press release. Internal and external welding work was carried out on parts of the kiln body, bandages and support rollers, while the main and auxiliary drives were also installed. The rotary kiln is equipped with high-tech sensors, scanners, gas analysers and manometers, which ensure high energy efficiency and minimise environmental impact, states the com... |
Eagle Materials supplies business update amid COVID-19 uncertainty15 April 2020, Published under Cement NewsUS-based Eagle Materials has announced that it intends to continue operations as an essential business and deliver products to its customers, since its primary manufacturing facilities span across the country’s heartland in areas where construction has generally been deemed essential by government authorities. Although market conditions for the company’s construction materials have reportedly remained robust, there is uncertainty about the level of mid-term demand sustainability. Therefore... |
Schwenk Zement acquires 100% shares of Celitement GmbH14 April 2020, Published under Cement NewsSchwenk Zement KG has taken over all shares of the previous fellow shareholders (including the Karlsruhe Institute of Technology) in Celitement GmbH and this has been backdated to 1 January 2020. From having been a Schwenk-affiliated company, Celitement GmbH became a full subsidiary of the well-established building materials group from Ulm. Celitement GmbH was founded in February 2009 and by autumn 2011 had a pilot plant erected on the KIT site (North Campus, Eggenstein-Leopoldshafen) t... |
Pakistan's goverment to recover foreign loan funds from Galadari Cement14 April 2020, Published under Cement NewsPakistan's government on 8 April decided to recover a foreign funding loan from a local cement plant that has been under construction for a long time in Balochistan province. According to a government statement, Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh, on the summary moved by the Economic Affairs Division (EAD) for the recovery of foreign currency loans from the private sector borrowers, ie Galadari Cement Ltd (GCL), has decided that the EAD should re-s... |