Cement News tagged: Corporate
Command Alkon acquires Marcotte Systems
Command Alkon has acquired Marcotte Systems, a technology leader providing best-in-class software solutions for producing and delivering concrete. This strategic acquisition includes all Marcotte’s products and reinforces Command Alkon’s dedication to supplying the ready-mix/concrete, aggregates and asphalt technology industry with global software solutions. “Joining forces with Command Al...
Nigerian House of Representatives threatens to issue arrest warrants for Dangote
A committee from Nigeria’s House of Representatives, investigating the hike in cement prices, has warned it will issue arrest warrants for Dangote Cement’s management after executives failed to honour an invitation. Chaired by Jonathan Gaza, the House Committee on Solid Minerals issued the threat on 9 July during a National Assembly hearing after the company failed to show up. Gaza stated that...
Bengal Cement appoints new COO
Bangladesh-based Bengal Cement has appointed Dr Khandker Ataur Rahman Rifat as its chief operating officer (COO). The new COO has 29 years of experience in the industry. "He has selflessly enriched Hyundai Cement, Cemex Cement, Meghna Group, Lafarge-Holcim Bangladesh, Aman Cement, and Metrocem Group with his versatile qualities, experience, knowledge and wisdom," the press release added. ...
Holcim acquires Mark Desmedt to accelerate circular construction
Holcim has completed the acquisition of Mark Desmedt in Belgium, advancing circular construction in Europe in line with its target to recycle 10Mta of construction demolition materials. Mark Desmedt recycles more than 500,000tpa of construction demolition materials and is strategically located to serve Belgium’s two largest metropolitan areas, Brussels and Antwerp. Miljan Gutovic, CEO, H...
Trinidad Cement changes two executive managers
Trinidad Cement Ltd has announced two changes to its executive management team. The Cemex subsidiary's General Manager, Guillermo Rojo de Diego, will be replaced by Cemex Commercial VP, Gonzalo Rueda Castillo. Roberto Adrian Villarreal Villarreal will take over from Gustavo Alejandro Ruiz Silva as group strategic planning manager. Mr Rojo was appointed general manager in 2019 and will help...
FLSmidth Cement and Carbon Re sign cooperation agreement
FLSmidth Cement and Carbon Re have announced a cooperation agreement to integrate FLSmidth’s Cement's ECS/ProcessExpert ® advanced process control software, known as PXP, with Carbon Re's AI-powered cloud platform. This will provide cement producers with access to state-of-the-art process optimisation capabilities that will see artificial intelligence and machine learning uncover energy effic...
Alfalah ul Alami joins WCA as an associate corporate member
The World Cement Association (WCA) is welcoming Alfalah ul Alami, a mining and construction materials production company, based in Afghanistan, as an associate corporate member. Alfalah ul Alami is a profit-based company that the Islamic Emirate of Afghanistan contracts. In partnership with national and international companies, the company is currently dedicated to constructing a cement pla...
Cementos Moctezuma appoints director of legal affairs
Mexico-based Cementos Moctezuma SA de CV , part of Cementos Molins SA , has appointed Fortino Delgado Carillo as its new corporate director of legal affairs. Mr Delgado will replace Belen Molins Benavent, who resigned as of 1 July 2024 for personal reasons. Mr Delgado has more than three years of experience in the legal and corporate affairs of the company and worked previously as a manager...
Amran Cement Factory to be modernised
Chairman of the Board of Directors of the Yemeni General Corp for Cement Industry and Marketing , Yahya Atifa, has reviewed the progress of production work at the 2Mta Amran Cement Factory . Mr Atifa, accompanied by First Undersecretary Governor, Abdul Aziz Abu Kharfsha, inspected the work conditions at the factory. In the meeting, chaired by Mr Atifa, the performance and work level of al...
Unacem to invest US$300m to reduce its carbon footprint by 2030
Peru-based Unacem Group has published its Corporate Roadmap to 2030, setting a carbon emissions target of 1500kg of CO 2 /t of cement by 2030 in all its operations, representing a reduction from 607kg, and to achieve carbon neutrality by 2050. To achieve the target the company is investing US$300m by 2030. In 2023 the company achieved a reduction of 5kg of CO 2 /to of cement and has set a to...
JK Cement posts 65% YoY jump in PAT
JK Cement has reported revenue from operations of INR109,180m (US$1308m) in FY2023-24 (ended 31 March 2024), up 17 per cent YoY. Net sales over the same period came in at INR105,630m, marking a 16 per cent YoY expansion, while profit after tax jumped 65 per cent YoY to reach INR8310m. Over the 12-month period the company produced 18.53Mt of grey and white cement (including wall putty), u...
UltraTech commissions Tadipatri production line
UltraTech is commissioning an additional 3.35Mta clinker along with 1.8Mta grinding capacity at its existing unit situated at Tadipatri, Andhra Pradesh, India. The capacity addition forms part of the 22.6Mta capacity expansion announced in June 2022. Furthermore, with debottlenecking, the company has increased the capacity of its grinding unit at Jharsuguda , Odisha, by 0.4Mta taking it ...
UltraTech Cement poised to buy 23% stake in India Cements
UltraTech Cement says it will buy a 23 per cent stake in Chennai-based rival The India Cements for up to INR18.85bn (US$226m), closing the gap on India's Adani Group. The decision was approved by UltraTech's Board of Directors during a meeting held on 27 June 2024. The investment, which is purely financial and not a related party transaction, is expected to help UltraTech retain a strong pr...
Dalmia Bharat Cement targets 130Mta
India’s Dalmia Bharat Cement plans to reach 110-130Mta of cement production capacity by 2031. The company has also announced an interim target of 75Mta by 2027. According to the company, it aims to achieve this through new construction projects, expanding existing facilities and through acquisitions. In May this year, its cement production capacity stood at 45.6Mt with projects underway t...
Holcim ramps up use of AI
Holcim is scaling up its use of artificial intelligence (AI) in manufacturing across more than 100 plants worldwide over the next four years, improving efficiency and reinforcing capacity for customers. With AI already deployed at 45 plants to predict and prevent failures before they occur, Holcim will deepen and broaden this application to boost operational resilience. This will entail Holc...
Saint-Gobain to acquire FOSROC
Saint-Gobain has entered into a definitive agreement to acquire FOSROC, a leading privately-owned global construction chemicals player for US$1025m in cash. Following the acquisitions of Chryso in 2021, GCP in 2022 and 33 additional acquisitions since 2021, this move is a new strategic step in establishing Saint-Gobain’s worldwide presence in construction chemicals, which will have combined ...