Cement News tagged under: corporate

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Finnsement appoints new operational and commercial director

15 September 2023, Published under Cement News

Tommy Ranta has been appointed operational and commercial director at Finnsementti . Mr Ranta, who previously worked as production manager and factory manager at the Pargas plant in Parainen, will now be responsible not only for production but also sales, procurement and technical development. Mr Ranta is a member of Finnsement's management team and reports to the CEO. “My goal is to continue developing our operations, such as promoting emission reduction measures and digitisation. ...

Fauji Cement sees positive way ahead

14 September 2023, Published under Cement News

Fauji Cement Co Ltd (FCCL) expects local cement demand to develop positively in the FY23-24 with exports to Afghanistan, depending on the border situation, to improve, the company said. The Pakistan-based cement company is continuing its efforts to become the lowest-cost producer and increase its market share through a timely completion of its DG Khan expansion, scheduled for the 2QFY23-24. In addition, the company's board of directors has approved the construction of a 7.5MW solar powe...

Breedon commits to being an Armed Forces-friendly employer

14 September 2023, Published under Cement News

UK-based Breedon has signed the Armed Forces Covenant as part of its focus on becoming a truly inclusive organisation. Since signing the covenant, the cement producer has been awarded the bronze award in the Defence Employer Recognition Scheme, demonstrating the success of its commitment to being an Armed Forces-friendly employer. Recognising the value that service leavers can bring to a business like Breedon, the group has put new policies in place to encourage former members of the ar...

Oficemen elects Alan Svaiter as new president

14 September 2023, Published under Cement News

Alan Svaiter, CEO of Votorantim Cimentos Spain, has been unanimously elected as president of Oficemen. He will lead the proposals and initiatives of the Spanish cement industry to support its recovery and its climate neutrality objectives. "I assume with enthusiasm and great responsibility the presidency of Oficemen at such a crucial and transformative moment for the cement industry," said Mr Svaiter in his first statements following his appointment. Mr Svaiter succeeds José Manuel Casca...

Caribbean Cement sees revenue advance in 1H23

13 September 2023, Published under Cement News

Caribbean Cement Co Ltd has reported consolidated unaudited revenue of JMD14,277m (US$92.48m) in the first half of 2023. This compares to JMD13,516m in the same period a year earlier. Gross profit in the 1H23 came in at JMD4986m, down from the JMD6102m seen in the opening six months of 2022. The total cost of sales and operating earnings has advanced from JMD8763m in the 1H22 to JMD10,677m in the same period a year later. Over the same timeframe, operating earnings before other income a...

Dangote to cut fossil fuel use by 25% by 2025

13 September 2023, Published under Cement News

Dangote Cement aims to reduce its dependence on fossil fuels by 25 per cent by 2025, according to Dr Eseosa Ighile, head of sustainability at the company’s Obajana plant. So far the company has put in place several strategies to cut greenhouse gas emissions as part of Dangote’s commitment to Sustainable Development Goals 12 and the adoption of alternative fuels (AFs), reports The Punch. “We are working towards installing AF feeding systems in all our operation lines by 2024,” said Dr ...

Fortera appoints chief strategy officer

13 September 2023, Published under Cement News

US-based cement decarbonisation specialist Fortera has appointed Kas Farsad as its chief strategy officer (CSO). According to the company, Mr Farsad will lead a multidisciplinary team focussed on forging commercial partnerships with cement and building industry leaders, overseeing Fortera’s policy and legislative efforts, as well as maximising the company’s carbon impact strategy. “In our acceleration to commercial-scale low carbon cement production, Kas has been instrumental in aligning in...

City Cement sets up AF joint venture

12 September 2023, Published under Cement News

Saudi Arabia-based City Cement Co has announced that its subsidiary Green Solutions for Environmental Services has set up a joint venture to produce alternative fuel from waste, reports Zawya. The newly-created venture, which reportedly has capital of SAR6.77m (US$1.8m), is owned by Green Solutions (29.4 per cent), Lechtenberg Middle East for Environmental Services Co (19.6 per cent), and Tadweer Environmental Services Company (51 per cent), a unit of Public Investment Fund-backed Saud...

Flender opens new facility in Sydney, Australia

12 September 2023, Published under Cement News

German drive specialist Flender has expanded its operations with a new facility in Sydney, Australia. The move is designed to tap into Australia’s role in the global ramp-up of renewable energies, according to the company. With its Winergy brand for wind turbine drives, and industrial drive portfolio serving the mining and cement industries, Flender aims to scale up its presence in the country, putting it closer to its customer base.  “For both our wind and industrial business we see enor...

WCA welcomes Hoffmann Green Cement as corporate member

12 September 2023, Published under Cement News

Hoffmann Green Cement Technologies has joined the World Cement Association (WCA) as its latest corporate member. Founded in 2014, Hoffmann Green Cement Technologies’ founders began their business with the intention to drive the construction sector's environmental evolution by producing the world’s first low-carbon cement and offer a replacement to traditional cement. This initiative was successful, and gained recognition by the French President, Emmanuel Macron, who celebrated its achieve...