Cement News tagged under: corporate
Har Tuv Cement plant to face closure?18 January 2019, Published under Cement NewsHar Tuv Cement Ltd is reported to face the closure of its cement plant near Beit Shemesh, Israel. Reduced exports and an increase in competition in the local market due to Turkish and Greek cement imports were quoted by Israel Valley by as the main reasons for the challenges faced by the cement works. Har Tuv Cement Ltd operates a 1Mta integrated cement works. Until 2015 it was owned by market leader Nesher Israel Cement Enterprises, but the Director of the Antitrust Authority, Prof Davi... |
Charah Solutions opens factory for fly ash and SCMs18 January 2019, Published under Cement NewsCharah ® Solutions, a leading provider of environmental and maintenance services to the power generation industry, has opened its first facility using new patented technologies for grinding granulated blastfurnace slag (GGBS) to create supplementary cementitious materials (SCMs). Charah Solutions aims to serve customers in markets where the supply of fly ash or other SCMs is limited. The new plant is located at the Port of Coeymans,10 miles south of Albany, 100 miles north of New York, on ... |
ACC announces new solar project for Egyptian plant17 January 2019, Published under Cement NewsArabian Cement Co (ACC), in collaboration with Solarize Egypt, has announced a new solar energy project at its Suez plant. The EGP90m (US$5.02m) plans will be financed through the Qatar National Bank, while the European Bank for Reconstruction and Development will provide a grant and technical support. According to Sergio Alcantarilla, CEO of ACC, the project will enter operation in the 2Q19. The plant will be the only one in the country to use solar energy as part of its energy mix. "Ou... |
Potential investors in Carthage Cement seek improved conditions17 January 2019, Published under Cement NewsThe call for tenders for the sale of 50.52 per cent of Tunisia-based Carthage Cement attracted several investors, of which five prequalified and were asked to submit their financial offers by 7 December 2018. However, despite their clear interest, they were unable to submit a financial offer for acquisition, according to African Manager. While these investors have reiterated in writing their continued interest in reaching a deal, they have asked for an improvement in the conditions of th... |
Vicat Egypt to invest in Sinai Cement16 January 2019, Published under Cement NewsVicat Egypt is expected to invest up to EUR30m in Sinai Cement Co to meet the demand of the local and regional market. Tamer Magdy, CEO, Vicat Egypt, made the announcement during an event celebrating the 15th anniversary of the company’s presence in the Egyptian market. Vicat acquired Sinai Cement, based near El Arish, in 2003. The Egyptian economy has the potential to recover as it is moving forward on the back of the country’s policies, according to the CEO of Vicat Group, Guy Sidos. "W... |
Cemex changes management structure16 January 2019, Published under Cement NewsCemex has announced a series of changes to its management structure which will come into force on 1 February 2019. Juan Romero Torres, current president of Cemex Mexico, has been appointed executive vice president of Global Commercial Development. This new role aims to capitalise on the progress that the company has achieved in its Customer Centricity strategy and provide it with a formal structure, according to a press release. As a result, Ricardo Naya Barba, current president of Cemex Col... |
Hanson UK appoints district sales managers for packed products16 January 2019, Published under Cement NewsHanson UK (HeidelbergCement group) has appointed three district sales managers for its packed products business to improve customer service. Affy Matthew, Louisa Heron and Simon Cowling will report to Andrew Simpson, national commercial director – packed products, and will work with merchants to build partnerships and help maximise sales and profits. "Our three new packed products DSMs will work closely with merchants to help them in areas such as product selection, pricing queries and pr... |
HeidelbergCement updates on portfolio optimisation15 January 2019, Published under Cement NewsHeidelbergCement has reported that it closed the divestment of its 50 per cent share in Ciment Québec and its minority participation in Syria in December 2018. In addition, a former cement plant area in the Cairo metropolitan area, Egypt, has been auctioned and the divestment of its Ukrainian business has been signed. The closure of both the latter transactions is expected to occur in 2019. These divestments have a total value exceeding EUR150m and is expected to have a slightly positive e... |
JK Lakshmi to upgrade logistics15 January 2019, Published under Cement NewsIndia’s JK Lakshmi Cement has contracted FarEye, a digital logistics company, to maintain its distribution network and increase predictive visibility. "On our wide distribution network handling volumes around 800,000tpm, pilferage and back/forward loading are some of the key operational challenges that we face. We believe that gaining better visibility into our vast network of multiple plants and about 10,000 destinations will help us control pilferage, optimise capacity and eventually hel... |
Maple Leaf Factory's new line more than 60% complete15 January 2019, Published under Cement NewsMaple Leaf Cement Factory Ltd is making progress on its expansion project. The company is setting up an additional 7300tpd dry-process clinker production line as a brownfield expansion at the company's existing site in Iskandarabad, Mianwali, Punjab, increasing grey cement capacity to 18,000tpd. FLSmidth won an EPC contract for the project. The total project is now estimated at a revised cost of PKR26bn (US$186.1m) including the impact of recent devaluation of Pakistani rupee. The project... |