Cement News tagged: Corporate
East African Portland Cement lose Athi River land decision
East African Portland Cement (EAPC) has lost to a government decision on ownership of a plot of land in Athi River, Kenya. State-owned Kenya Railways plan to construct a container terminus on the land, despite EAPC and local residents, known as the Aimi Ma Lukenya Society, having also claimed to own the disputed land. Speaking at Kibini hill in Kajiado East last week, Trade Cabinet Secre...
Suez Cement reports impact of wastewater flood
Suez Cement has announced that its Kattameya plant has been seriously affected by the collapse of a soil barrier around one of the wastewater ponds of a treatment station that serves New Cairo. The incident resulted in the flooding of 1.5Mm 3 of treated wastewater, which has damaged part of the plant's limestone belt by removing it from its base. Furthermore, power cables were cut, light post...
Cementos Progreso tests new San Gabriel plant
Guatamala-based Cementos Progreso has completed its investment of GTQ3.85bn (US$501m) at its San Gabriel plant in San Juan Sacatepequez. Tests were launched in 2018 and are expected to continue in the next few months before the 4500tpd plant enters commercial operation. Initially output will be sold in the domestic market, but in the longer term, Cementos Progreso expects to export some of t...
Former INC president to head Cementos Concepción
The former president of Paraguayan state-run cement producer Industria Nacional del Cemento, Jorge Mendez, will be leading the new cement company Cementos Concepción, according to Esmerk Latin American News. The new 1Mta cement plant , announced earlier this week, is expected to come online in 2021. Equipment for the facility will be supplied by Denmark-based FLSmidth. When operational, the...
Thamesport Cement to build 0.5Mta grinding plant in UK
Thamesport Cement has submitted a full planning application of its proposed site on the Isle of Grain, Kent, UK. Backed by France-based Cem’In’Eu, the company promises to bring “21st century cement manufacturing” to the UK. Following a presentation of the project to Medway Council last month, Colin Jenkins, managing director of Thamesport Cement, accompanied by fellow directors Gerd Aufdenbla...
Whale Rock Cement starts sourcing local clinker
Namibia's Whale Rock Cement, producer of the Cheetah Cement brand, has started to source clinker locally after initially sourcing it from Egypt, according to Zedekias Gowaseb, company chairman. "The clinker we import was from Egypt, that is no secret," said Mr Gowaseb. "From December 2018 we have already started to produce clinker from the Whale Rock mine," he added. Currently, the compa...
Kuwait Cement starts oil well cement production
Kuwait Cement Co (KCC) has started marketing oil well cement and made its first delivery on 13 March 2019 to National Petroleum Services Company (NAPESCO). KCC is the first cement producer in Kuwait to be certified by the American Petroleum Institute (API) to produce this type of cement at its plant in Shuaiba industrial area, Kuwait. This achievement coincides with the golden jubilee of the...
Al Khalij Cement to supply oil well cement to Qatar Petroleum
Al Khalij Cement Co has signed a three-year agreement for the supply of oil well cement to Qatar Petroleum. The deal was signed at an event marking the launch of Qatar Petroleum's Tawteen programme, which has been designed to improve the supply chain of the country’s energy sector. "We are delighted to have been selected by Qatar Petroleum for the supply of oil well cement. This represents an...
Yeoh Khoon Chen redesignated as Lafarge Malaysia CEO
Lafarge Malaysia’s CFO Yeoh Khoon Cheng has been redesignated as the company’s CEO with immediate effect. On 16 November last year he was appointed interim CEO. He is a member of the Malaysian Institute of Certified Public Accountants and joined Lafarge in 1987 as a finance manager. Since then, he has held various positions in the group’s business development, mergers and acquisitions and co...
LafargeHolcim acquires Colorado River Concrete
LafargeHolcim has completed its second US acquisition of 2019, adding Texas-based Colorado River Concrete to its list of ready-mix producers. The company serves customers in the southwestern Dallas/Fort Worth area and parts of west Texas. The new deal follows the acquisition of Transit Mix Concrete Co on 1 February this year.
Consortium to invest US$180m in Paraguayan cement industry
Plans are underway to create a new cement company in Paraguay, Cementos Concepción (Cecom). Paraguay’s President Mario Abdo Benítez and members of his cabinet met with José Ortiz, CEO of tobacco company, Tabacalera del Este (Tabesa) to discuss the investment in the country’s cement industry. Cecom is a venture by Grupo Cartes, Grupo Jiménez Gaona and José Ortiz to build a 1Mta cement plant, ...
Qatar National Cement signs deal to expand export operations
Qatar National Cement (QNC) has signed a memorandum of understanding with Qatar Primary Materials, which will allow the company to expand its cement export operations. The deal will see the cement company use Qatar Primary Materials’ facilities, silos and platforms to export cement and clinker, according to a statement posted to the country’s stock exchange.
Sinai Cement records improvement in 2018
Egypt’s Sinai Cement has reported that its standalone loss has narrowed by 13.7 per cent YoY in 2018 to EGP305.89m (US$17.56m), compared to EGP354.73m in the previous year. The improvement has been attributed to investment revenue and lower expenses, as well as collecting credit interests. However, revenue declined 37.7 per cent to EGP803.68m from EGP1.29bn. The company noted that cement con...
LafargeHolcim Russia appoints new CEO
LafargeHolcim Russia appointed M Goncharov as the new CEO of the company on 1 March 2019. G Brusco, the former chief executive, has been transferred to the group’s corporate office in Switzerland, according to AK&M. Meanwhile, E Molodtsova was affirmed as the commercial director.
Shivam Cement names new CEO
Shivam Cement of Nepal has appointed Sajan Devkota as its new chief executive officer. Mr Devkota has an experience of 22 years with different national and multinational companies, including Nestlé India, Nepal Lever, Varun Beverages, Nebico Biscuits and Chaudhary Group. Sajan Devkota has also been associated with Shivam Cements for the past four years. The company said that it believes it w...
International Cement set to acquire Schwenk Namibia
Singapore’s International Cement Group has entered into a conditional agreement to acquire a 100 per cent stake in Schwenk Namibia Pty Ltd for SGD141.89m (US$104.4m). This amount comprises of US$19.3m for its shares and another US$85.1m for the purchase of its loans, according to the Straits Times. Amongst its assets Schwenk Namibia owns a 69.8 per cent stake in Ohorongo Cement, which operat...