Corporate

17 June 2016

Germany: HeidelbergCement applies for new Vohenbronnen quarry permit

HeidelbergCement has applied for a new, long-term mining permit for the Vohenbronnen quarry.  The current authorisation expires in 2020, the company announced. The Schelklingen cement plant extracts raw materials from the Vohenbronnen quarry, which is located just 3km away, situated i...

17 June 2016

Thailand: Asia Cement wants mine issue resolved

Asia Cement Plc has set up talks with the Industry Ministry to try to resolve its revoked licence to operate a limestone mine, reports the Bangkok Post. Asia Cement was granted a licence to operate a limestone min...

17 June 2016

Vietnam Construction Material Co launches Dong Nai plant

Vietnam Construction Material Company (VCM) has inaugurated a new cement plant in the northern province of Dong Nai, reports Vietnam News Brief. VCM also has a clinker production plant in Van Hoa commune in Tuyen ...

17 June 2016

Market analysts upgrade outlook for Cemex shares

Cemex SAB de CV was upgraded by analysts at Scotiabank from a "sector perform" rating to an "outperform" rating in a note issued to investors on Thursday, The Fly reports. However, shares of Cemex SAB de CV traded d...

17 June 2016

Eurocement eyes Denmark and Britain markets

“Contracts in Denmark and Britain are forthcoming,” according to Eurocement’s CEO, Mikhail Skorokhod, as the company expands its global reach. Since the end of 2016, the Russian cement producer has been exporting ...

16 June 2016

China Shanshui’s Liaocheng unit ‘illegally occupied’

In a fresh twist in the ongoing troubles of China Shanshui Cement Group, the company has announced that a unit of its subsidiary, Liaocheng Shanshui Cement, has been ‘illegally occupied’ by 200 unidentified people, B...

15 June 2016

Holcim gets approval for extension Eclépens quarry

Holcim has received approval to extend the quarry at the Eclépens cement works in Switzerland. The company exploits the La Birette quarry in the Mormont hills, Vaud canton. The extension will allow the cement make...

15 June 2016

India: KCP plans to double capacity at Muktyala plant

Speaking in an interview on CNBC-TV18, GN Murty, CFO of KCP has set out his company’s plans to expand its Muktyala integrated plant from 1.8Mta to 3.5Mta at a cost of INR4bn (US$60m). The new unit will come on-str...

15 June 2016

Nigeria: Dangote appoints non-executive director

Dangote Cement PLC, Africa’s largest cement producer, announces the appointment of Dorothy Udeme Ufot, SAN, as an independent non-executive director. Mrs Ufot has more than 26 years’ experience in commercial litiga...

15 June 2016

India: Parth Jindal appointed MD of JSW Cement

Parth Jindal, son of the chairman of the JSW Group, has been appointed as managing director of its cement business, JSW Cement, the Hindu’s Business Line reports. He will take up his appointment in July. The Hindu...

15 June 2016

Germany: Refratechnik appoints new managing director

Mr Wolfgang Tabbert, managing director of Refratechnik Cement GmbH, has handed over his duties to his colleague Dr Stefan Puntke, whose field of activities will now be handled by Dr Christian Meyre. Wolfgang Tabber...

17 June 2016

PPC sees six-month revenues and volumes flat

In its trading figures for the six months to 31 March 2016, PPC saw its operating profits fall by three per cent to ZAR733m (US$48m). Revenues were flat at ZAR4501m (US$294m), down one per cent on the same period in ...

14 June 2016

Holcim Romania launches new products

Holcim Romania has launched a new range of bagged cement products designed to meet the needs of the country’s construction sector. The new range of Holcim products delivered in bags comprises: Structo Plus 20/40kg...

14 June 2016

Vietnam Building Materials opens new plant in Dong Nai province

Vietnam Building Materials (VCM) has officially opened a cement factory for its StarCemt brand in the Bien Hoa Industrial Zone, Dong Nai province. The company's cement products are currently distributed to more tha...

17 June 2016

LafargeHolcim plans further asset sales

It has been revealed that LafargeHolcim is under pressure to find further synergies for the newly-formed cement major. LafargeHolcim was created by a EUR41bn merger last year but is stepping up its post-deal disposal...

17 June 2016

Semen Indonesia to sell 49% stake in unit

Indonesia's largest cement producer, Semen Indonesia, plans to sell a 49 per cent stake in one of its units to help fund the company's future expansion, according to Investor Daily quoting the firm’s Finance Director...