Cement News tagged under: corporate
Thatta Cement announces new chairman27 September 2019, Published under Cement NewsPakistan’s Thatta Cement Co Ltd has announced that a new chairman has been appointed. Naheed Memon will succeed Khawaja Muhammad Salman Younis in the role, with effect from 23 September 2019. Elsewhere, the company recently announced a 40 per cent profit decline in the FY19 . |
HeidelbergCement Trading appoints new COO27 September 2019, Published under Cement NewsGulgun Dokuz, currently general director of trading, Asia-Pacific region, has been appointed as chief operations officer (COO) of HeidelbergCement Trading (HCT). Gulgun Dokuz is appointed as the new COO of HeidelbergCement Trading In her new role, effective as of 1 October 2019, Gulgun Dokuz will be responsible for the operational leadership for all trading and shipping activities as well as trade operations on a global basis and will be located in Istanbul, Turkey. Gul... |
Crown Cement appoints new CEO27 September 2019, Published under Cement NewsCrown Cement Group of Bangladesh has appointed Mukter Hossain Talukder as its new chief executive officer (CEO). Mr Talukder was previously the group's chief operating officer. Talukder also served Aman Group, Rangs Group and Social Marketing Company in key positions. He obtained a master's degree on accounting and information science from the University of Dhaka. He is also a fellow chartered accountant of The Institute of Chartered Accountants of Bangladesh. |
Votorantim Cimentos reports positive 2Q net results26 September 2019, Published under Cement NewsVotorantim Cimentos saw its consolidated net revenues from goods sold and services rendered increase 3.7 per cent to BRL5.822bn (US$ 1.403bn) in the first half of 2019 when compared with the 1H18 when net sales reached BRL5.612bn, according to a company statement. However, as cost of goods sold and services rendered was up 5.8 per cent from BRL4.724bn in the 1H18 to BRL4.997bn in January-June 2019, gross profits were down 7.1 per cent from BRL888.1m in the 1H18 to BRL825.3m in the January... |
CRH appoints chairman designate and a non-executive director26 September 2019, Published under Cement NewsCRH plc has appointed Richard Boucher as chairman designate on 25 September 2019. The Board has also appointed Johan Karlström as a non-executive director, with effect from 25 September 2019. Mr Boucher will succeed the present chairman, Nicky Hartery, on 1 January 2020. Mr Hartery, who has been chairman since May 2012 and a board member since 2004, will retire as chairman and from the Board on 31 December 2019. The Board has also appointed Mr Johan Karlström as a non-executive director,... |
Wonder Cement appoints Sanjay Joshi as executive director26 September 2019, Published under Cement NewsIndia-based Wonder Cement, part of the RK Group, has appointed Sanjay Joshi as executive director. Mr Joshi is a chemical technologist, and an alumnus from IIM Calcutta and second-rank holder from UDCT, University of Mumbai. He has led multiple businesses across industries, including the building materials and paints sectors before joining the cement industry. "A firm believer in leading by example, Joshi has consistently driven initiatives that have raised the bar of efficacy and account... |
LafargeHolcim Maroc announces net profit up 9% in 1H1925 September 2019, Published under Cement NewsLafargeHolcim Maroc has reported sales of MAD3.89bn (US$401.4m) in the 1H19, up 0.2 per cent YoY. The company’s operating profit increased 10.6 per cent YoY to MAD1.65bn while net consolidated profit appreciated 8.6 per cent to MAD965m. Return on capital investment reached 11.6 per cent. "Cement volumes are up 2.1 per cent in a market due to low rainfall at the beginning of the year, while sales on certain activities including the export of clinker and trading are down," explained the com... |
Ararat Cement suspends construction of Kapan mill25 September 2019, Published under Cement NewsArmenia’s Ararat Cement has announced that it will be suspending construction of a grinding mill in Kapan, in the southeast of the country. The decision follows public opposition to the plans over the past two years, according to Arm Info. "The board of directors of the multi-group concern, taking into account the opinions of the owner of the concern, Gagnka Tsarukyan, about the need to take into account the wishes of people, decided to suspend the process of building the enterprise," the ... |
Dewan Cement posts losses in FY1925 September 2019, Published under Cement NewsDewan Cement Ltd (DCL) of Pakistan has announced its financial results for FY19 today. DCL incurred a net loss of PKR275m (US$17,608) as compared to profit of PKR902m earned in the same period last year. Apparently, decline in sales and increase in taxes, induced the profit to fall during the reporting period. DCL incurred a lesser distribution cost to PKR139m against PKR156m experienced in the same period last year. However, the administrative cost was increased to PKR701m in FY19 from PK... |
LafargeHolcim creates Chief Sustainability Officer position25 September 2019, Published under Cement NewsLafargeHolcim has created its first Chief Sustainability Officer position as part of its executive committee, with Magali Anderson appointed to the role effective from 1 October 2019. "I am very pleased with the appointment of Magali as our first Chief Sustainability Officer. This will accelerate our vision of running our operations with zero harm to people and contributing to a built environment that will be carbon neutral, fully recyclable and with a positive environmental impact," said... |