Cement News tagged: Corporate
Congresswoman Erin Houchin visits Mitchell plant
Heidelberg Materials recently welcomed Congresswoman Erin Houchin to its Lehigh Portland Cement subsidiaries' new Mitchell plant, Indiana, cement facility. Discussions focussed on the rebranding process and specifically around efforts to advance sustainability and digitalisation, followed by talks around the construction progress for the new kiln line. The group showed off some of ...
BEUMER Group appoints director of global sustainability
Andreas Backs is the new Director of Global Sustainability at the BEUMER Group. In this role, he is responsible for the development and implementation of the group’s global sustainability strategy. His responsibilities include formulating a vision and goals, evaluating key issues, and developing a roadmap that measures and improves performance in this area. He is also responsible for communica...
Savannah Cement Group sources funds for new clinker plant
Savannah Clinker has received KES65bn (US$500m) to fund construction of a new clinker factory in Kenya. Savannah Clinker, an affiliate of Savannah Cement , said it raised the funds through a privately placed debt arrangement with the bond set to be listed at regulated international exchange. Savannah currently imports clinker as it does’t have a clinker plant. Savannah will build its clink...
China Resources Cement welcomes new CEO
China Resources Cement Holdings Ltd has appointed Mr Jing Shiqing as its new chief executive officer (CEO), effective from 18 April 2023. Mr Jing is also an executive director and a member of the company’s Strategy & Investment Committee. He joined China Resources Group in July 2003 and served as deputy general manager of the human resources department from May 2018 to March 2021, as a no...
MoU extended for Mt Simon Hub carbon pipeline
Chart Industries, Inc, a leading diversified global manufacturer of highly-engineered equipment and technologies for the industrial gas and clean energy industries, is expanding its existing Memorandum of Understanding (MoU) with Wolf Carbon Solutions US LLC. Wolf Carbon Solutions is an affiliate of Wolf Midstream, a US$4bn multi-asset energy infrastructure organisation based in Calgary, Alber...
Maple Leaf Cement Factory sales advance 42% YoY
Pakistan’s Maple Leaf Cement Factory Ltd has reported consolidated sales of PKR17,038m (US$59.9m) in the quarter ended 31 March 2023. This compares to PKR11,990m in the same period a year earlier, marking a YoY increase of 42 per cent. Over the same three months, profit after tax improved from PKR1563m to PKR1875m, while earnings per share (EPS) advanced from PKR1.42 to PKR1.75. Over the n...
Congo's Tao-Tao plant project 45% completed
Work on the new Tao-Tao cement plant in the Niari department of Republic of Congo has been 45 per cent completed, according to Les Echos du Congo Brazzaville. The second plant in the Niari region is expected to come online in 2024, following an agreement between the Congolese and Indian governments. Earlier, the company announced the construction of a 1.8Mta plant in Mafoubou. The new plant ...
Holcim launches ECOCycle®
Holcim has launched ECOCycle®, its proprietary circular technology platform to recycle construction demolition materials into new building solutions. With ECOCycle® Holcim can recycle 100 per cent of construction demolition materials across a broad range of applications, from decarbonised raw materials in low-carbon cement formulation, all the way to aggregates in concrete and fillers in roa...
Ambuja Cement and ACC win influencer award
Ambuja Cements and ACC , part of Adani Cement and the Adani Group, have scooped the Digital Customer Experience Award 2023 for ‘Best Customer & Influence Engagement Initiatives’, organised by Gainskills Media. Brands from across the banking, retail, manufacturing, logistics and supply chain, pharmaceuticals, automobile, and insurance sectors attended the event to showcase their customer e...
Sinoma signs US$600m industrial agreement with Sino-Ethiopian JV
China-based Sinoma International Engineering has signed a cooperation agreement with Sino-Ethiopian joint venture, National West Industrial Holding (NWIH) Building Materials Holding Co, to undertake a US$600m investment in an industrial park development project in eastern Ethiopia. Sinoma will undertake the engineering, procurement and construction works of the Melka-Jebdu industrial park de...
CASE appoint new head of sales in Europe
CASE Construction Equipment has announced the appointment of Graziano Cassinelli as new Head of Sales for Construction brands Europe at CNH Industrial, in addition to his responsibility for CE Global Rental & Used equipment. Mr Cassinelli brings a wealth of knowledge and experience to this role which will help boost dealer business. He has worked in senior roles for a number of leading cons...
Lafarge Cement Polska commits to renewable energy
Lafarge Cement Polska has joined forces with KGAL Investment Management, an asset manger in the Polish renewables market, to establish two onshore wind farms, known as Krasin and Rywald. The farms, which are owned by KGAL ESPF 4 renewable energy fund, will supply the cement producer with around 230GWh of green electricity each year. The Krasin wind farm was acquired by KGAL ESPF 4 in May...
Duraton Cement launches Bihar plant
Duraton Cement has launched a new cement plant. The company has started a new 0.8Mta cement plant in Samastipur, Bihar , India. Company Director, Karan Agarwal, said: "I am thrilled to announce the launch of Duraton Vement in Bihar. It marks a major milestone in our company's growth and expansion." This is the company's second plant following the opening of the 1.5Mta Rajgarh cement ...
CEMEX invests in rail solutions
CEMEX has completed a significant investment into its rail solutions facility at Somercotes, Derbyshire, UK. This development was undertaken to meet increasing customer demand for its concrete bearers for switches and crossings. As a result of this investment, CEMEX will be able to manufacture an additional 18,000 linear metres of bearers for switches and crossings every year. This add...
Steppe Cement sees volumes fall 24% in 1Q23
Kazakhstan-based Steppe Cement has reported sales of KZT4.94bn (US$10.96m) in the opening quarter of 2023, compared to KZT6.3bn in the same period a year earlier, representing a 21 per cent YoY decline. According to the Morning Star, in terms of cement volumes, over the same period sales fell from 281,968t to 214,832t, down 24 per cent YoY. The company’s market share has also slipped from 14...
Saudi cement companies fined for price manipulation
Saudi Arabia’s General Authority for Competition (GAC) has fined 14 cement companies a total of SAR140m (US$37.33m) for price manipulation activities. Each company has been found guilty of trying to manipulate Saudi’s cement market with price increases, resulting in a SAR10m fine each. According to the Saudi Gazette, the GAC received numerous complaints that several cement producers wer...