Cement News tagged: Corporate
Aumund Group welcomes a new owner
Franz-Walter Aumund left a healthy and motivated high-quality business as his legacy. The group companies, Aumund Fördertechnik, Schade Lagertechnik, Samson Materials Handling, Tileman Ketten & Komponenten, Aumund Group Field Service and Aumund Logistic, supported by many overseas subsidiaries, are internationally well established in their respective markets. According to the Aumund Group, ...
Aggregate Industries welcomes UK's first green bio-fuel cement tanker
Aggregate Industries (part of Holcim ) has taken delivery of the next generation of cement tanker, fuelled by a green bio-fuel. Marking a UK first, the company has deployed the truck as part of its Lafarge Cement business. Working with logistical partner, Lomas Distribution, the 44t bulk tanker is fuelled by hydrotreated vegetable oil (HVO), a fossil-free alternative to mineral diesel, resu...
Heidelberg Materials collaborates with Volvo Group
Heidelberg Materials has signed a collaboration agreement with Volvo Group with the potential to significantly reduce carbon emissions in the construction industry. The aim is to jointly investigate and develop how the loading and hauling needs of Heidelberg Materials can be solved with the help of electrified vehicles and related services. As part of the agreement, Volvo Group’s emission-fr...
Pakistan International Bulk Terminal Ltd seeks loan deferment
Pakistan International Bulk Terminal Ltd (PIBTL) informed Pakistan Stock Exchange (PSX) last week that it has requested the International Finance Corp (IFC) and OPEC Fund for International Development (OFID) to defer the repayment of the principal instalment of its foreign loan due on 15 June 2023. The notification from Company Secretary, Karim Bux, did not disclose the amount payable but sa...
Bamburi Cement to consider expansion despite macroeconomy
Bamburi Cement PLC ( Holcim group ) held its 72nd Annual General Meeting in Nairobi on 15 June, chaired by the Board and Management, which included Chairman Dr John Simba, Group Managing Director Mohit Kapoor, and Group Chief Financial Officer Eugene Antera. According to Mr Kapoor, "Kenya's macroeconomic situation is challenging due to inflation, currency devaluation, an uncertain tax...
Shree Cement announces further expansion plans
Shree Cement has announced a new round of capacity expansions, which will take the company’s total cement production capacity to 55.9Mta. The cement producer currently runs 46.4Mta of capacity with the new plans in line with the company’s vision to reach 80Mta by 2030, according to The Telegraph India. The expansion plans includes four new projects, costing approximately INR55,000m-60,00...
New plant adds 2Mta to Cambodia capacity
A new 2Mta cement plant in the Oral district of Kampong Speu province in Cambodia is due to start production soon. According to the Khmer Times, Conch KT Cement has invested around US$263m in the new facility, which will take the total number of cement plants in the country to six. The reopening of the economy following the pandemic has resulted in a boost in exports, construction and t...
Shree Digvijay halts production due to cyclone
Shree Digvijay Cement Co has reportedly halted production at its 1.2Mta Digvijaygram integrated plant in Gujarat, India, due to a cyclone. Tropical cyclone Biparjoy made landfall in India’s western Gujarat state last Friday, bringing with it winds of 100kmph. Rainfall of up to 25cm is expected. The plant, which is located in the Jamnagar District, has a 0.96Mta clinker production capacity....
Cembureau elects new president and vice president
The European cement association, CEMBUREAU, has elected Ken McKnight, member of the CRH Executive Committee, as president, and Jon Morrish, CEO western and southern Europe, Heidelberg Cement, as vice-president. At its General Assembly in Prague, CEMBUREAU elected its new president and VP, entrusting them with the leadership and strategic direction of the organisation for the next two years....
Shiva Cement inaugurates Sundergarh mill
India-based Shiva Cement , part of JSW Cement , has inaugurated its new cement plant in Sundergarh, Odisha. The new plant has an overall capacity of 1.05Mta as well as an additional 0.27Mta of cement capacity. Parent company, JSW Cement, announced plans to increase its installed capacity to 25Mta, up 47 per cent, in October 2022.
Limak Cement addresses Turkey's "Green Transformation"
Limak Cement 's new business platforms will be “the most important catalyst in the Green Transformation," said Limak’s CEO, Erkam Kocakerim, speaking at the ‘Climate Change Summit: Green Transformation’ held in Istanbul, Turkey, on 14 June 2023. In the first such gathering following the formation of the government, more than 200 top business executives and bankers, some of them from the most ...
Kesoram Industries banks on blended cement for future growth
Indian cement producer Kesoram Industries has reported a loss of INR1160m (US$14.2m) in the year ended 31 March 2023 (FY22-23), down from INR1300m in the same period a year earlier. The company expects to be back in profit this year on the back of a steady rise in the share of blended cements in its total sales, along with lower production and distribution costs, according to The Hindu. ...
Heidelberg Materials opens revamped Mitchell plant
Heidelberg Materials celebrated the opening of its new cement plant in Mitchell, Indiana, USA on 13 June 2023. The state-of-the-art facility will be the second-largest cement plant in North America with a cement capacity of 2.4Mta, and one of the most technologically advanced and sustainable ever built. Heidelberg Materials' management joined customers, partners, as well as federal, state,...
Holcim acquires Minerales y Agregados
Holcim has acquired Minerales y Agregados, a leader in advanced mortars and adhesives in Guatemala. Minerales y Agregados represents Holcim’s first production facility in Guatemala, while expanding the region’s Solutions & Products range with a new line of business. Holcim expects to deliver synergies by expanding the supply of Minerales y Agregados from its plants in Metapán, El Salvador, a...
Misr Cement Group joins WCA
The World Cement Association (WCA) is welcoming Misr Cement Group, one of the longest-standing cement and building materials manufacturing companies in Egypt, as a corporate member. Misr Cement Group group works towards operating with a minimal environmental impact, by incorporating sustainable projects into its processes to protect and replenish the environment surrounding its facilities i...
Lafarge Africa appoints new CEO
Mr Lolu Alade-Akinyemi has been appointed group managing director/chief executive officer (GMD/CEO) of Lafarge Africa (part of Holcim ) with effect from 1 July 2023. Prior to this appointment, Mr Alade-Akinyemi was the company’s CFO and the supply chain director. He was appointed an executive director to the board on 8 April 2020. He has over 20 years of cross-functional experience in f...