Cement News tagged under: appointments
Burnpur Cement reports further losses14 November 2022, Published under Cement NewsIndia-based Burnpur Cement Ltd has reported total revenue of INR330.3m (US$4.09m) in the quarter ended 30 September 2022. This compares to INR312.9m in the previous quarter and INR337.4m in the quarter ended 30 September 2021. A loss from continuing operations of INR202.5m was seen in the September 2022 quarter, versus a loss of INR179.2 in the previous quarter and a loss of INR183.9m in the comparable quarter a year earlier, reports Dow Jones Newswires. The loss is being attributed to fi... |
Deccan Cements sees profits fall 72%14 November 2022, Published under Cement NewsDeccan Cements Ltd has seen its total revenue decline from INR1927.3m (US$23.8m) in the quarter ended 30 September 2021 to INR1822m in the same period this year. Over the same timeframe, the company has seen its profits tumble from INR233.3m to INR65.6m, a drop of 71.9 per cent YoY. Profit in the quarter ended 30 June 2022, stood at INR206.7m. Basic earnings per share have declined from INR16.66 in the September 2021 quarter, to INR14.76 in the quarter ended 30 June 2022, to INR4.69 in the... |
Birla Corporation announces new MD and CEO11 November 2022, Published under Cement NewsBirla Corp Ltd (BCL) has announced the resignation of its managing director and chief executive officer, Shri Arvind Pathak. Mr Pathak, who is leaving the company for personal reasons, will remain in his current position until 31 December 2022. With effect from 1 January 2023, Shri Sandip Ghose will take over the role of managing director and chief executive officer for a period of three years. Mr Ghose has over 39 years’ of experience having worked for both large multinational corporat... |
Anjani Portland Cement sees revenue slip and profits tumble09 November 2022, Published under Cement NewsIndia's Anjani Portland Cement Ltd has reported standalone revenue from operations of INR1068m (US$13.05m) in the quarter ended 30 September 2022, compared to INR1047m in the same period a year earlier. The previous quarter, ended 30 June 2022, saw revenue of INR1106m. Net profit for the September 2022 quarter came in at a loss of INR106.6m, versus a gain of INR68.9m in the same quarter a year earlier. The quarter ended 30 June 2022 reported a loss of INR25.7m. Earnings per share fell f... |
Adbri CFO resigns08 November 2022, Published under Cement NewsTheresa Mlikota has resigned as chief financial officer of Adbri . Ms Mlikota, who has been with the company since 2019, will remain in the role until 11 November 2022. “On behalf of the board, I would like to thank Theresa for her service and the contribution she has made during her time at Adbri. We wish her the very best for the future,” said Raymond Barro, chairman of Adbri. Peter Barker has been appointed as Interim CFO. Mr Barker is a senior finance executive with more than 30 years... |
Adbri CEO and MD step down18 October 2022, Published under Cement NewsAdbri ’s chief executive office and managing director, Nick Miller, is stepping down. Mark Irwin, senior executive at the company, has been appointed as interim CEO. According to Reuters, extreme rainfall and ongoing inflationary headwinds have continued to impact Adbri’s margins. Although demand has remained robust, the company is actively reviewing its expenses to deliver further cost reductions. Out-of-cycle price increases have been implemented but, according to Adbri, they have not ... |
Dewan Cement appoints new CFO07 October 2022, Published under Cement NewsPakistan's Dewan Cement has appointed Hazrat Ali as its chief financial officer. He succeeds Imran Ahmed Javed. The cement producer currently operates two plants in Pakistan - a 1.7Mta integrated works in District Malir , Sindh, and a 1.13Mt integrated unit in District Haripur , Khyber Pakhtumkhwa. |
Holcim appoints Carmen Díaz as MD LafargeHolcim España27 September 2022, Published under Cement NewsHolcim has appointed Carmen Díaz as managing director of its subsidiary LafargeHolcim España . She will succeed Isidoro Miranda, who will continue to be linked to the group as senior advisor, a position he will combine with the presidency of CEMBUREAU. Carmen Díaz, a chemical engineer from the University of Oviedo and PDG (General Management Programme) from IESE, joined the company in 2002 as head of the concrete business area in Spain. She has been based in France and the UK, leading H... |
Ambuja Cements welcomes new CEO and CFO20 September 2022, Published under Cement NewsAmbuja Cements Ltd has announced a number of managerial appointments. Effective from 17 September 2022, Ajay Kapur is the company’s new chief executive officer (CEO) and whole-time director, Vinod Bahety is the new chief financial officer (CFO), and Rajiv Gandhi has been appointed company secretary and compliance officer. |
CRH welcomes John Lydon as director of group development07 September 2022, Published under Cement NewsCRH has appointed John Lydon as its new director of group development. Mr Lydon joins the building materials group from stockbroking firm Davy where he was head of capital markets. According to The Irish Times, while at Davy he was an influential adviser to some of the largest Irish corporate groups, including CRH, on mergers and acquisitions and capital raising. Prior to joining Davy in December 2014, Mr Lydon was a leading corporate finance executive with Deutsche Bank in Asia. He ... |