Cement News tagged under: corporate
Hycontrol changes name to join ENVEA10 June 2024, Published under Cement NewsENVEA, the global leader in environmental management solutions, has announced that Hycontrol is being renamed to ENVEA following its successful acquisition in 2023. ENVEA is now the operating name for the Hycontrol business, as part of its wider strategy to take its silo protection and safety systems to new customers and markets across the globe. By utilising ENVEA’s existing global sales and distributor network, the Hycontrol products will reach a wider customer base, with greater recogn... |
Saint-Gobain announces new directors10 June 2024, Published under Cement NewsSaint-Gobain has announced the appointment of three new independent directors. The directors are Sophie Brochu, former chairman and chief executive officer of Hydro-Québec (Canada), Hélène de Tissot, chief financial officer of Pernod Ricard Group, and Geoffroy Roux de Bézieux, entrepreneur. The company has also approved the renewal of Jean-François Cirelli as a director and reiterated its unanimous decision taken in November 2023 to combine the functions of chairman and chief executive... |
Cementos Pacasmayo reports 14% advance in 1Q net profit07 June 2024, Published under Cement NewsPeru-based Cementos Pacasmayo SA reported a 7.2 per cent decline in cement, concrete and prefabricated product sales in the first quarter of 2024 to 685,700t from 738,600t in the 1Q23. Net sales slipped by 0.7 per cent to PEN476.5m in the 1Q24 from PEN480m in the year-ago period. However, the company was able to report a 9.6 per cent YoY uptick in operating profit to PEN95m from PEN86.7m in the 1Q23. Net profit was up 13.8 per cent YoY to PEN49.5m from PEN43.5m over the same period, resu... |
Cimpor subsidiary invests EUR11.5m in new bag line07 June 2024, Published under Cement NewsSacopor, part of Cimpor , is investing EUR11.5m in a new bag production line. The new line will increase the company's annual bag output from 130m to 160m. The new bag line was inaugurated on 6 June 2024 at the company's Alenquer plant and operating in Portugal for the last three decades, the latest line is the fourth at the facility, according to Noticias Financieras. Its output is supplied to the cement and mortar industry. Amaro Freire, director of Sacopor, says that "The new product... |
DG Khan Cement is exploring other destinations for export07 June 2024, Published under Cement NewsBMA Capital recently organised a webinar with Inayat Ullah Niazi, the CFO of DG Khan Cement Co (DGKC). The webinar focussed on the company’s financial performance and outlook. DG Khan Cement's CFO expects an unfavourable macroeconomic environment to cause domestic cement demand to contract by 4-5 per cent in FY23-24. However, he anticipates a recovery in demand and sees capacity utilisation hovering around 50-55 per cent in FY24-25. In terms of exports, Mr Niazi said DGKC exporte... |
Caribbean Cement uses counterfeit cigarettes as RDF07 June 2024, Published under Cement NewsCaribbean Cement Co Ltd has destroyed an estimated JMD400m (US$2.57m) worth of counterfeit cigarettes in its cement kiln, in collaboration with the Jamaica Constabulary Force. Over 600 cases of counterfeit cigarettes were seized by the Intellectual Property Branch of the country’s Counter Terrorism and Organised Crime Branch. According to Jamaica Gleaner, the cigarettes, which are a source of refuse-derived fuel, offer a safe alternative to fossil fuels for cement plants. Jorge Martine... |
Spa Biskria Ciment is new WCA corporate member06 June 2024, Published under Cement NewsAlgeria-based Spa Biskria Ciment has become the latest cement producer to sign up as a corporate member of the World Cement Association (WCA). Spa Biskria Ciment operates a 5Mta integrated cement plant, located 18km northeast of the capital of the Biskra Wilaya. At the beginning of 2023, Spa Biskria Ciment launched the production of white cement through the conversion of its first grey line to white, giving a capacity of 750,000tpa of white cement. “Spa Biskria Ciment’s membership in WCA ... |
Vicat's Kalburgi plant begins training at its new AFR lab05 June 2024, Published under Cement NewsVicat Group has successfully completed of the first phase of its training programme on the new laboratory equipment at its recently-established alternative fuels and raw materials (AFR) laboratory at Kalburgi Cements Pvt Ltd's plant in Chatrasala , Karnataka. The training sessions ran between 23-30 May 2024 and over 20 employees from the quality control and AFR departments took part in the programme. The participants were introduced to a range of advanced laboratory instruments, incl... |
Heidelberg Materials introduces new line of recycled concrete aggregates05 June 2024, Published under Cement NewsHeidelberg Materials North America has expanded its portfolio with the introduction of Revolve TM recycled concrete aggregates. It is also assigning specialists within the company to partner directly with departments of transportation and other agencies so that team-wide knowledge and engineering capacity can be developed. The move follows legislation passed by the state of Washington encouraging the use of recycled concrete aggregate (RCA) in the state’s roadways. Both the Washingt... |
Saint-Gobain continues Canadian expansion05 June 2024, Published under Cement NewsSaint-Gobain has completed its acquisition of the Bailey Group, a privately-owned manufacturer of metal frames for light construction in Canada. This forms part of Saint-Gobain’s expansion in the sustainable construction sector in Canada. Founded 75 years ago, the Bailey Group posted revenue of CAD532m (US$389m) in 2023 and operates 12 manufacturing plants across the country. According to Saint-Gobain, the acquisition ensures it is “ well positioned to better serve Canadian custome... |