Cement News tagged under: corporate
RHI Magnesita completes acquisition of P-D Refractories04 October 2023, Published under Cement NewsRHI Magnesita has completed the acquisition of the Germany, Czech Republic and Slovenia-based refractory businesses of the Preiss-Daimler Group (P-D Refractories). P-D Refractories is a producer of high quality alumina-based refractories for industrial applications in process industries, with a leading market position in the glass and aluminium sectors. The product portfolio of P-D Refractories ranges from high-alumina specialties to bauxite, andalusite, silica, fireclay or magnesite bric... |
First Graphene reports positive results from graphene-enhanced cement trials04 October 2023, Published under Cement NewsFirst Graphene has announced positive results from the initial phase of the company’s graphene-enhanced cement trials in the UK. Approximately 600t of graphene-enhanced cement was produced at the UK's largest cement processing facility, operated by Breedon Cement . Graphene was consistently dosed and dispersed into a cement grinding mill using standard process equipment. It was reported that during the production trials, the PureGRAPH® enhanced grinding aid performed adeptly, maintainin... |
JSW Cement makes approach for Heidelberg Material's Indian cement operations03 October 2023, Published under Cement NewsJSW Cement , the building materials business of steelmaker JSW Group , is in initial talks with Germany's Heidelberg Materials to acquire the latter's 13.4Mta cement businesses in India, according to The Economic Times of India. JSW Group has reportedly made an unsolicited offer to acquire Heidelberg Materials' local entities that primarily have capacities in the Indian peninsular. The report further added that Heidelberg Materials is yet to make a final call on its India exit str... |
Hanson UK becomes Heidelberg Materials03 October 2023, Published under Cement NewsHanson UK has become Heidelberg Materials , aligning with its parent company, which announced its new global branding in September 2022. “The construction sector faces global challenges such as climate change and the digitalisation of our industry; challenges we are better placed to meet as a strong, united Group,” said Simon Willis of Heidelberg Materials UK. “Having a single brand name and identity sends a clear and consistent message to our increasingly global customers and foste... |
SIKA launches new growth strategy03 October 2023, Published under Cement NewsAt today's Capital Markets Day in Zurich, Sika will presents its new Strategy 2028, “Beyond the Expected”, which the company says builds on the company’s successful growth model. “The roadmap leverages on Sika’s strong market position and innovation power and sets the course for an even stronger performance in the years to come,” the company said in a statement. The annual growth target will be lifted to 6-9 per cent in local currencies and profitability target will be increased to an ... |
Power Cement looks to enhance financial and tax efficiencies02 October 2023, Published under Cement NewsThe Board of Directors at Pakistan-based Power Cement Limited has requested the company's management explore and evaluate opportunities for a potential reorganisation of group companies. According to Mettis Global, the objective is to enhance financial and tax efficiencies across the group's entities. The decision came in response to an invitation from the group's leadership, urging the company to examine viable options that strengthen the balance sheets of group companies for financial... |
UltraTech reports 16% YoY sales volume growth in 1QFY2402 October 2023, Published under Cement NewsUltraTech has announced Indian grey cement sales of 25.24Mt for the quarter ended 30 September 2023 (2QFY24). White cement sales over the same period came in at 0.42Mt giving a total sales volume for India of 25.66Mt for the quarter. Grey cement sales overseas stood at 1.18Mt for the three-month period, taking total consolidated sales for UltraTech to 26.69 in the 2QFY24. This marks a 16 per cent increase on the 23.10Mt reported in the same quarter a year earlier, but is down 11 per cen... |
Heidelberg Materials management changes02 October 2023, Published under Cement NewsHeidelberg Materials has announced a number of changes to its management board. The Group area Western & Southern Europe and the majority of Northern & Eastern Europe-Central Asia will be combined into the Group area Europe. Jon Morrish, currently responsible for Western & Southern Europe, will take on responsibility for this newly established Group area as of January 2024. Ernest Jelito, responsible for Northern & Eastern Europe-Central Asia and the Competence Center Cement, will retire ... |
Buzzi's Maryneal plant breaks production records29 September 2023, Published under Cement NewsBuzzi 's Maryneal plant in the USA reached record production levels in 2022 with clinker production of 1.03Mt and cement production of 1.18Mt, over 4.6 per cent above expectations. The 2022 figures also beat the 2021 figures, with clinker production coming in three per cent higher and cement production 2.5 per cent higher. “We’ve implemented strategies to keep reliable assets which allow the team members to work on continuous improvement. This affects the efficiency and productivit... |
CEMEX acquires Kiesel29 September 2023, Published under Cement NewsCEMEX has agreed to acquire Kiesel, a mortars and adhesives technological leader in the construction industry based in Germany, as part of its ongoing strategy to strengthen CEMEX’s Urbanization Solution business through bolt-on acquisitions. “We remain committed to increasing our capacity to serve growing urban markets with more sustainable and innovative solutions,” said Sergio Menéndez, president of CEMEX Europe, Middle East, Africa and Asia. “This acquisition will enhance our Urban... |