Cement News tagged under: corporate
Thamesport Cement to build 0.5Mta grinding plant in UK14 March 2019, Published under Cement NewsThamesport Cement has submitted a full planning application of its proposed site on the Isle of Grain, Kent, UK. Backed by France-based Cem’In’Eu, the company promises to bring “21st century cement manufacturing” to the UK. Following a presentation of the project to Medway Council last month, Colin Jenkins, managing director of Thamesport Cement, accompanied by fellow directors Gerd Aufdenblatten and Fabien Charbonnel, said: ‘We are very pleased and excited at the prospect of bringing to th... |
Whale Rock Cement starts sourcing local clinker14 March 2019, Published under Cement NewsNamibia's Whale Rock Cement, producer of the Cheetah Cement brand, has started to source clinker locally after initially sourcing it from Egypt, according to Zedekias Gowaseb, company chairman. "The clinker we import was from Egypt, that is no secret," said Mr Gowaseb. "From December 2018 we have already started to produce clinker from the Whale Rock mine," he added. Currently, the company’s cement products do not use the seal of approval from either the Namibia Standards Institute or ... |
Kuwait Cement starts oil well cement production14 March 2019, Published under Cement NewsKuwait Cement Co (KCC) has started marketing oil well cement and made its first delivery on 13 March 2019 to National Petroleum Services Company (NAPESCO). KCC is the first cement producer in Kuwait to be certified by the American Petroleum Institute (API) to produce this type of cement at its plant in Shuaiba industrial area, Kuwait. This achievement coincides with the golden jubilee of the company. KCC currently produces OPC, sulphate-resistant cement Type V, white Portland cement, oil w... |
Al Khalij Cement to supply oil well cement to Qatar Petroleum14 March 2019, Published under Cement NewsAl Khalij Cement Co has signed a three-year agreement for the supply of oil well cement to Qatar Petroleum. The deal was signed at an event marking the launch of Qatar Petroleum's Tawteen programme, which has been designed to improve the supply chain of the country’s energy sector. "We are delighted to have been selected by Qatar Petroleum for the supply of oil well cement. This represents an endorsement of the high-quality standards of our production facility. This special type of cement i... |
Yeoh Khoon Chen redesignated as Lafarge Malaysia CEO14 March 2019, Published under Cement NewsLafarge Malaysia’s CFO Yeoh Khoon Cheng has been redesignated as the company’s CEO with immediate effect. On 16 November last year he was appointed interim CEO. He is a member of the Malaysian Institute of Certified Public Accountants and joined Lafarge in 1987 as a finance manager. Since then, he has held various positions in the group’s business development, mergers and acquisitions and corporate finance. In January 2016, he was appointed CFO in Huaxin Cement Ltd – post which he held unt... |
LafargeHolcim acquires Colorado River Concrete13 March 2019, Published under Cement NewsLafargeHolcim has completed its second US acquisition of 2019, adding Texas-based Colorado River Concrete to its list of ready-mix producers. The company serves customers in the southwestern Dallas/Fort Worth area and parts of west Texas. The new deal follows the acquisition of Transit Mix Concrete Co on 1 February this year. |
Consortium to invest US$180m in Paraguayan cement industry12 March 2019, Published under Cement NewsPlans are underway to create a new cement company in Paraguay, Cementos Concepción (Cecom). Paraguay’s President Mario Abdo Benítez and members of his cabinet met with José Ortiz, CEO of tobacco company, Tabacalera del Este (Tabesa) to discuss the investment in the country’s cement industry. Cecom is a venture by Grupo Cartes, Grupo Jiménez Gaona and José Ortiz to build a 1Mta cement plant, a project representing an investment of US$180m. The new production facility will be located south o... |
Qatar National Cement signs deal to expand export operations12 March 2019, Published under Cement NewsQatar National Cement (QNC) has signed a memorandum of understanding with Qatar Primary Materials, which will allow the company to expand its cement export operations. The deal will see the cement company use Qatar Primary Materials’ facilities, silos and platforms to export cement and clinker, according to a statement posted to the country’s stock exchange. |
Sinai Cement records improvement in 201812 March 2019, Published under Cement NewsEgypt’s Sinai Cement has reported that its standalone loss has narrowed by 13.7 per cent YoY in 2018 to EGP305.89m (US$17.56m), compared to EGP354.73m in the previous year. The improvement has been attributed to investment revenue and lower expenses, as well as collecting credit interests. However, revenue declined 37.7 per cent to EGP803.68m from EGP1.29bn. The company noted that cement consumption in Egypt fell five per cent in 2018. |
LafargeHolcim Russia appoints new CEO12 March 2019, Published under Cement NewsLafargeHolcim Russia appointed M Goncharov as the new CEO of the company on 1 March 2019. G Brusco, the former chief executive, has been transferred to the group’s corporate office in Switzerland, according to AK&M. Meanwhile, E Molodtsova was affirmed as the commercial director. |