Cement News tagged under: corporate
Mauricio Doehner new president of Mexico’s cement association06 April 2017, Published under Cement NewsMauricio Doehner has been appointed as new president of Mexico’s cement association, Cámara Nacional del Cemento (Canacem). He replaces Billy Álvarez of Cruz Azul. The appointment is for one year with the option to re-elect him for a second period. The new president will focus on positioning cement more as an infrastructure option, promoting the use of alternative fuels, transportation efficiency and reducing environmental impact, the agency said. Mr Doehner is Executive Vice President... |
Sri Lanka: INSEE Cement launches INSEE Academy06 April 2017, Published under Cement NewsSiam City Cement (Lanka) Ltd (SCCL) launched the INSEE Academy on 23 March in Colombo, Sri Lanka. The INSEE Academy as an initiative by SCCL to accelerate the growth of 'home grown talent' to take senior roles within Sri Lanka and other group companies. The Academy’s motto is 'Inspire.Instill. Ignite', aims to 'Inspire' employees to be better, 'Instill' values and 'Ignite' a passion for excellence and is a virtual training academy with a strategic focus on five key areas. These areas incl... |
Nepal: Arghakhanchi Cement introduces moisture-proof packaging.06 April 2017, Published under Cement NewsThe Arghakhanchi Cement company has introduced new moisture-proof packaging for its bagged cement, reports myrepublica.com. “We have introduced this new packaging to ensure the standard weight and to keep the cement safe from moisture. We have successfully achieved a new milestone in our commitment by providing high-quality products to dealers, consumers, and constructors which will strengthen our trust and relationship,” Pashupati Murarka, director of Arghakhachi Cement, said in the stat... |
India: Orient and JP deal reportedly in final stages05 April 2017, Published under Cement NewsOrient Cement's plan to acquire certain assets of the Jaypee Group is in the final stages and completion of the deal could be announced shortly, according to local media. Citing sources familiar with the development, 'Moneycontrol' reported today that management of both Orient and the Jaypee Group are due to meet this week to discuss last-minute details of the deal. In October 2016, the two companies announced that Orient Cement Would acquire Jaiprakash Associates’ entire stake in Bhil... |
Lafarge Zimbabwe returns to full-year profit04 April 2017, Published under Cement NewsLafarge Zimbabwe returned to full-year profit for the 12 months ending December 2016 as volumes edged ahead and cost savings in operations, plant maintenance and "better" inventory control, as well as a revaluation of plant property and equipment all contributed to the improved performance. The cement maker posted a net profit of ZMD3.1m (US$8565) in 2016 versus a ZMD1.9m loss in the same period of the previous year. Revenues in 2016 rose marginally to ZMD61m from ZMD60.9m as volum... |
Cemex Latam Holdings inaugurates Guatemala expansion04 April 2017, Published under Cement NewsCemex Latam Holdings has inaugurated its expanded Arizona cement works in Guatemala. The project represents an investment of US$3.7m and will enable the plant to increase its production by 10 per cent to 0.545Mta. In addition, the plant’s bagging facilities have been upgraded from 65tph to 95tph. Jaime Muguiro, managing director of Cemex Latam Holdings, said that Guatemala has become a strategic location for the company. "Guatemala is a country with a lot of growth potential, we are l... |
Lafarge-Algérie's Oggaz plant ups output 10%04 April 2017, Published under Cement NewsLafarge-Algérie's Oggaz cement plant increased its cement output by 10 per cent in the last quarter to meet the country’s growing cement demand, according to plant manager, Jean-Louis Sibiede. In the past three months, the works produced 0.953Mt, including 0.844Mt of grey cement. The company converted part of the plant’s white cement production lines to produce grey cement to meet growing demand from developers and wilaya authorities. The authorities are currently carrying out three ma... |
Semen Indonesia approves 2016 cash dividends03 April 2017, Published under Cement NewsState-owned cement manufacturer Semen Indonesia will distribute cash dividends worth IDR304.92/share from its 2016 fiscal year. The total dividends that will be distributed amount to IDR1.8trn, or the equivalent of 40 per cent of the company’s 2016 net profit of IDR4.52trn. Rizkan Chandra, president director of Semen Indonesia, said the dividend plan was approved by the company’s shareholders during an annual meeting in Jakarta on 31 March 2017. He added that Semen Indonesia will set as... |
New Zimbabwe plant begins production03 April 2017, Published under Cement NewsChinese company Livetouch Investments, has started production at its 400,000tpa capacity plant in Redcliff, Zimbabwe. Construction of the plant is part of Phase One of the company’s project. Managing director and co-shareholder Dongning Wang told The Herald Business (Zimbabwe) that the plant had started operations at 70 per cent of its capacity on a trial basis. The plant uses slag from the nearby ZISCO steel plant at Kwekwe. |
Cemex requests new authorisation to increase capacity in Colombia03 April 2017, Published under Cement NewsCemex Latam Holdings has announced it will present a new application for an environmental permit which would enable the Mexico-based cement producer to increase capacity at its Maceo plant in Antioquia, Colombia. The plant, which represents an investment of US$340m, is authorised to produce 0.25Mta at present. Earlier the company had applied to raise plant capacity to 0.95Mta, but the request had been denied. The company said that it decided to postpone the start-up of the plant, whil... |