Cement News tagged under: cost reduction
JSW Cement inaugurates railway siding for Salboni plant13 June 2018, Published under Cement NewsJSW Cement has inaugurated a 6.5km railway siding to transport inbound and outbound cargo for its 2.4Mta facility in Salboni, West Bengal. "In cement business, logistics accounts for 30-35 per cent of the cement cost and to be cost effective we are continuously working on various levers to reduce this cost. This railway siding is a step in this direction," said Parth Jindal, managing director, JSW Cement. The railway siding will improve the availability of raw material at the plant and wi... |
Nuvoco Vistas plans 5-10% rise in specialised cement range06 March 2018, Published under Cement NewsNuvoco Vistas Corporation Ltd, previously known as Lafarge India, is planning a 5-10 per cent rise in specialised cement to its product range over the next two years. Value-added products and cost cuts across its plants are expected to benefit the company's topline, according to The Telegraph. "At present, around 50 per cent of the product basket is in specialised cement. With consumer needs changing, our focus in the coming years is to expand the offering of more value-added products," s... |
Lafarge Malaysia to step up cost and efficiency drive04 January 2018, Published under Cement NewsFollowing its MYR135m net loss for 9MFY17, Lafarge Malaysia confirmed it will pursue ongoing strategic initiatives to achieve profitability in the near term, according to Focus Malaysia. The company expects to optimise its costs as it plans to source petcoke directly from the Middle East, which is forecast to lead to savings of 5-10 per cent. The current modernisation project at its Rawang works is also expected to contribute to the cement producer’s drive to optimise its assets as it... |
Uruguay: Ancap to reduce staff by a third07 April 2017, Published under Cement NewsAncap will reduce its number of employees by a third, according to the Uruguayan cement producer’s President, Marta Jara. While the step is part of a cost-reduction programme, the company said it will keep its three cement plants operational. Ms Jara stressed the need to "reorganise work, including automation, improving working conditions, avoiding overtime and overlapping of work." |
Holcim CEO sees cost-cutting starting to work02 October 2013, Published under Cement NewsFrenchman Bernard Fontana, CEO of Holcim, who last year became the first outsider to lead the 101-year-old Swiss company, has been implementing a strict cost-cutting regime right through the company that extends even to himself. Shortly after taking the helm of Holcim, the 52-year-old Fontana launched a cost-cutting programme with the aim of restoring Holcim's return on invested capital (ROIC) to at least eight per cent after tax and boosting operating profit by at least CHF1.5bn (US$1.7bn... |
Lafarge: June '1206 July 2012, Published under Cement NewsLafarge has launched its 'Sustainability Ambitions 2020' programme, which sets 34 new sustainability ambitions. These include an increase to 50 per cent of the portion of non-fossil fuels, which is to include a 30 per cent share for bio-mass, a 33 per cent reduction of CO2 emissions compared with 1990 and 20 per cent of the concrete produced containing re-used and recycled materials. The group aims to generate an additional EUR1750m of EBITDA between 2012 and 2015. The main item is to be... |
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