Cement News tagged under: corporate
LafargeHolcim appoints new Head of Middle East/Africa04 July 2018, Published under Cement NewsLafargeHolcim has appointed Miljan Gutovic as the Head of Region Middle East/Africa and Member of the Executive Committee of the Franco-Swiss building materials producer, effective as of July 2018. He succeeds Saâd Sebbar who has decided to pursue opportunities outside of the company. Miljan Gutovic (39), an Australian national with over 13 years of experience in the building materials sector, joined LafargeHolcim in 2018 from a leading building materials company. He built up a successful... |
Dangote opens mega warehouse in Nigeria03 July 2018, Published under Cement NewsDangote Cement Co has inaugurated its mega warehouse in Imo State, Nigeria. The warehouse was officially opened by Governor Rochas Okorocha and the president of Dangote Group, Alhaji Aliko Dangote. "Dangote Cement has sold more cement in Imo State than it has done in any other part of the country because of the infrastructural revolution going on in the state. Imo State today is a new state," said Mr Okorocha. This follows Adeyemi Fajobi, national sales and distribution director, announc... |
Mega Conglomerate withdraws bid to acquire Dewan Cement03 July 2018, Published under Cement NewsPakistan’s Mega Conglomerate Private Ltd (MCPL) has reportedly withdraw its bid to buy controlling shares in two plants of Dewan Cement based in Dhabeji, Sindh and Hattar Industrial Estate, Khyber Pakhtunkhwa. The two facilities have a combined capacity of 2.89Mta. Dewan Cement is yet to comments on failure of the deal, but markets predict it may be due to high prices and change in dynamic of cement industry in country. BMA Capital has informed Pakistan Stock Exchange (PSX) that in capa... |
Bestway Cement starts dispatch from Farooqia Line II03 July 2018, Published under Cement NewsBestway Cement Ltd (BCL) has started dispatches of cement from its new Farooqia Line II, having clinker capacity of 6000tpd, at Hattar in Khyber Pakhtunkhwa. Local supply commenced on 20 June, according to Sehar Husain, company secretary, in a notice to Pakistan Stock Exchange (PSX). Performance in 9MFY18 (July 2017-March 2018) BCL's cement production stood at 6.462Mt in 9MFY18, up by 13 per cent over last year's equivalent period. The local dispatches grew by 20 per cent, while exports ... |
Breedon completes Tarmac asset swap02 July 2018, Published under Cement NewsBreedon Group announced it has completed an asset swap with Tarmac that secures 25Mt of additional mineral reserves and some 50,000tpa of extra asphalt capacity in four key UK locations. The Group has acquired from Tarmac three quarries near Inverness, Penrith and Wrexham, together with a quarry and asphalt plant near Porthmadog, in exchange for 23 of its ready-mixed concrete plants and a payment to Tarmac of GBP6.1m in cash. Commenting on today’s announcement Pat Ward, Breedon’s Grou... |
Dalmia appoints Ujjwal Batria as COO02 July 2018, Published under Cement NewsDalmia Cement (Bharat) Ltd has appointed Ujjwal Batria as COO of the company. Mr Batria will lead the operation of sales and marketing, logistics, manufacturing and technical services departments, according to the company. Mr Batria has previously served as CEO of Lafarge India Ltd, alongside associations with Century Textiles & Industries Ltd and Tata Steel. |
GICA plans its first export shipment to west Africa02 July 2018, Published under Cement NewsAlgeria’s GICA has signed a maritime contract of carriage with CNAN Nord, a subsidiary of state-run shipping group GATMA, for the company’s first shipment of 10,000t of cement to west Africa. GICA plans to export between 1-1.5Mt of its production in 2018, according to the Ministry of Industry and Mining. |
Lafarge under investigation over ISIS funding29 June 2018, Published under Cement NewsLafarge SA was charged on Thursday with crimes against humanity for funding Islamic State in Syria. The company was informed by magistrates that it had been placed under formal investigation for financing a terrorist enterprise, aiding and abetting crimes against humanity, and endangering life. Previously, three Lafarge officials were handed charges for their alleged roles in indirectly funding Islamic extremist groups, enabling the cement producer to operate in war-torn Syria. Lafarge ha... |
Bamburi Cement completes construction of grinding plant29 June 2018, Published under Cement NewsKenya’s Bamburi Cement has announced that construction of its 0.9Mta grinding plant at Athi River, south of Nairobi, has been completed. The facility represents a KES4bn (US$39.62m) investment and is part of the company’s expansion plan launched in 2015. "The contractor is on schedule and will soon be handing the project over to the company for full operation," said Seddiq Hassani, CEO, Bamburi Cement. The company’s Power Plus and Power Max brands will be relocated from Mombasa to the new... |
UltraTech commissions second grinding unit in Dhar29 June 2018, Published under Cement NewsIndia’s UltraTech Cement has commissioned its second 1.75Mta grinding facility at Dhar, Madhya Pradesh, with the first entering operation in April 2018. The new plant increases the company’s total manufacturing capacity to 92.5Mta and with further ongoing expansion projects this is expected to rise to 96.5Mta in the future. |