Cement News tagged under: corporate
Campulung modernisation is completed23 October 2023, Published under Cement NewsKHD has successfully delivered upgrades to the pyroprocessing and cement grinding lines at Holcim Romania ’s Campulung cement plant . The project increases clinker production capacity at the plant and underlines KHD’s reputation as an expert and reliable partner for value-enhancing plant modernisation projects. “The Campulung project is a clear mark of confidence in our ability to design, engineer, and execute plant upgrade projects from one of the world’s largest cement producers,”... |
CEMEX supplies Vertua to world's 10th-largest football stadium23 October 2023, Published under Cement NewsCEMEX has supplied its Vertua water-permeable concrete for the renovation of the University of Alabama’s Bryant-Denny Football Stadium, the 10th-largest stadium in the world and home to the 18-times national champion Crimson Tide football team. The use of permeable concrete benefits the stadium’s natural grass field in two key ways: it keeps the playing field from flooding, and it allows for rainwater to be collected and used for its irrigation system, making its maintenance more sust... |
Finnsement appoints responsibility director23 October 2023, Published under Cement NewsFinnsement has appointed a responsibility director. The appointment is part of a wider organisational reform to respond to the challenges posed by the constantly changing operating environment. With the support of the new management team, Finnsement is also more agile in promoting the company's strategic goals, such as long-term emission reduction work. Ulla Leveelahti has been appointed Finnsement's director of responsibility from 11 October 2023. Ms Leveelahti, who previously worke... |
UltraTech Cement posts volume growth of 16%20 October 2023, Published under Cement NewsUltraTech Cement Ltd ( Aditya Birla Group ) has announced its financial results with a robust volume growth of 16 per cent for the quarter ended 30 September 2023. Cement demand also maintained its positive momentum during the 2QFY23-24. The company witnessed demand from all sectors, fuelled by government led infrastructure, rural development and urban residential demand. Consolidated net sales was INR157,350m (US$1.89bn) compared to INR135,960m over the corresponding period of ... |
Dandot Cement Co will start trial production soon19 October 2023, Published under Cement NewsDandot Cement Co Ltd ( 3 Star Group ), while providing an update about the Balancing Modernisation of Replacements (BMR) of 504,000t of its cement plant at Jehlum in Punjab, Pakistan, to the Pakistan Stock Exchange (PSX), expressed hope that the trial production is scheduled to commence soon after the equipment testing and commissioning phase. The company will resume its commercial operations in the current quarter. Upon completing the BMR programme, the company aims to achieve enhan... |
PPC Zimbabwe managing director steps down19 October 2023, Published under Cement NewsPPC Zimbabwe Ltd has announced the resignation of its managing director, Kelibone Masiyane. Mr Masiyane joined the company in 1994 as a trainee electrical engineer at the Colleen Bawn plant, before becoming manager of both that and the Bulawayo plant in 2009. He was appointed managing director of PPC in 2016, reports Chronicle. “After 29 years of service at PPC Zimbabwe Limited, seven years of which were spent at the helm of the company, Mr Kelibone Masiyane informed the board of the... |
Better capacity utilisation improves financial result of 1QFY23-2418 October 2023, Published under Cement NewsPakistani cement producers listed in the Pakistan Stock Exchange (PSX) have yet to post their financial results for the first quarter of FY23-24 (July-September 2023). Yet, Topline Pakistan Research believes that their profitability will increase by 40 per cent YoY in the 1QFY23-24 due to increased cement dispatches and improved gross margins during this first financial quarter. Net sales are anticipated to grow by 28 per cent YoY to PKR89bn (US$322.27m) in the 1QFY23-24 primarily due to ... |
PPC opens new Highveld blending plant18 October 2023, Published under Cement NewsSouth Africa’s PPC has opened its new Highveld blending plant in Emalahleni in the Mpumalanga province. According to the company, the new facility demonstrates PPC’s ongoing commitment to improving efficiencies, reducing turnaround times, and delivering excellence to all stakeholders in the Highveld region. “The opening of this Highveld plant allows us to optimise our logistics through localisation, which is imperative in reducing transport costs and minimising transport-induced carbon e... |
Heidelberg Materials acquires PT Semen Grobogan plant18 October 2023, Published under Cement NewsHeidelberg Materials , via its subsidiary Indocement , has signed an agreement to acquire 100 per cent of the shares in PT Semen Grobogan ’s integrated cement plant located in Central Java, Indonesia. The plant started commercial production in 2022. With this investment, Heidelberg Materials further strengthens its footprint in Indonesia, one of the company’s core markets in Asia-Pacific. The Semen Grobogan cement plant has a capacity of 1.8Mta of clinker and 2.5Mta of cement with lime... |
CNBM issues 9M23 profit warning18 October 2023, Published under Cement NewsChina National Building Material (CNBM) has issued a profit warning for the opening nine months of 2023. According to Reuters, the company expects to report a 70 per cent YoY contraction in profits over the nine-month period. The decline has been blamed on falling cement prices. |