Cement News tagged under: corporate
Groundbreaking ceremony on CAP2U project at Lengfurt21 June 2024, Published under Cement NewsOn 19 June 2024, Linde and Heidelberg Materials hosted a groundbreaking ceremony for their large-scale carbon capture and liquefaction plant in Lengfurt , Germany. Christian Knell, general manager of Heidelberg Materials Germany, and Andreas X Müller, managing director of Linde Gas Germany, welcomed around 50 guests to this milestone event on the construction site at the Lengfurt cement plant. “With the amine scrubbing technology applied here in Lengfurt, we are demonstrating the captu... |
Adani Cements to increase marine transport21 June 2024, Published under Cement NewsFollowing its recent acquisition of Penna Cement Industries , India-based Adani Cements plans to increase the use of sea transport in its logistics mix. Currently, Adani uses sea transport for less than two per cent of its cargo, but this is expected to increase to 10 per cent by 2027-28. Penny Cement has five bulk terminals at Kolkata, Gopalpur, Karakul, Kochi and Colombo, and these will be particularly useful in serving the peninsular India region, according to Adani Cements CFO, Vin... |
Anhui Conch announces management changes21 June 2024, Published under Cement NewsAnhui Conch Cement has announced the resignation of Zhou Xiaochuan as executive director, joint company secretary, and member of the ESG Committee, effective from June 19, 2024. Yu Shui has been appointed joint company secretary and authorised representative, and is nominated as a candidate for executive director, awaiting shareholder approval at an upcoming extraordinary general meeting, according to Anhui Conch. |
Khayah Cement highlights energy challenges20 June 2024, Published under Cement NewsKhayah Cement has said high energy costs along with cheap imports are threatening Zimbabwe’s cement producers, reports AllAfrica. According to the company, although power supply has remained relatively stable, power voltage fluctuations continue to affect the smooth running of its cement plant. “The high power costs compared to neighbouring Zambia continue to pose a significant challenge,” said Arnold Chikazhe, company secretary, Khayah Cement. According to Mr Chikazhe, c heaper cement... |
Michael Greto appointed as new supply chain VP at Giant Cement19 June 2024, Published under Cement NewsGiant Cement Holding Inc has named Michael Greco as new vice president of supply chain. Mr Greta joined the company’s cement division in August 2008 with expertise in logistics founded in a Bachelor of Science in Transportation Economics from Emory-Riddle Aeronautical University and complemented by Advanced Studies APICS Certifications in Supply Chain Management from Villanova University. At Giant Cement Holding, he led the growth of the rail fleet, increasing rail car capacity by almost ... |
Votorantim Cimentos Spain appoints new sustainability director19 June 2024, Published under Cement NewsVotorantim Cimentos España has appointed Carmen Boulet as its new director for sustainability, strategy and new business, reporting directly to CEO, Alan Svaiter. An industrial engineer with an MBA from Colombia Business School, Ms Boulet started her career at McKinsey & Co. During that period she accompanied large companies in the world of banking, energy and telecommunications in Latin America and European countries such as Germany, the UK and Norway, to outline their business strategy... |
Maple Leaf Cement reclassifies PKR26bn investment plan18 June 2024, Published under Cement NewsMaple Leaf Cement Factory Ltd informed the Pakistan Stock Exchange (PSX) on 12 June that it had reclassified its PKR26bn (US$93.3m) capital expenditure plan. In addition, the Board of Directors of Maple Leaf Cement approved that for years the company has continued its expansion and diversification strategy and has made significant investments that have enhanced shareholder enterprise value. It continue to add that the board noted that because of these reasons, the general reserve of the... |
Heidelberg Materials appoints chief sustainability and new technologies officer18 June 2024, Published under Cement NewsHeidelberg Materials has appointed Dr Katharina Beumelburg as a new member of the managing board and chief sustainability and new technologies officer, effective from 1 October 2024. Dr Beumelburg will succeed Dr Nicola Kimm who will leave the company after completing her three-year term of office on 31 August 2024. Dr Beumelburg joins Heidelberg Materials from SLB (formerly Schlumberger), the world's largest global energy technology company, where she has been a member of the executive... |
Siam Cement JV launches Kheda brick plant17 June 2024, Published under Cement NewsSiam Cement BigBloc Construction Technologies Pvt Ltd, a 52/48 joint venture between Gujarat based BigBloc Construction Ltd and Thailand’s SCG International Corp Co Ltd (SCG), has launched its India operations with the commercial production of its first brick plant in Kheda, Gujarat. With the vision of launching next-generation walling solution for the Indian market, the joint venture has invested around INR650m (US$7.7m) in setting up a 250,000m 3 per annum capacity project including ... |
PPC Africa predicts 20% YoY increase in earnings17 June 2024, Published under Cement NewsPPC Africa has predicted a 20 per cent increase in earnings for the fiscal year ended 31 March 2024, driven by a strong performance by its Zimbabwe operations. According to The Zimbabwe Mail, the previous year saw PPC Zimbabwe hit by a prolonged kiln shutdown, which had a negative impact on profit. Compared to that prior year, the latest fiscal is expected to see the headline earnings per share jump by 20 per cent. In the 10 months to January 2024, PPC Zimbabwe reported volumes up by ... |