Cement News tagged under: corporate
CEMEX receives EPA Energy Star Partner of the Year award for 6th consecutive year01 April 2024, Published under Cement NewsCEMEX has been recognised by the US Environmental Protection Agency (EPA) as 2024 Energy Star® Partner of the Year for the sixth consecutive year. The Partner of the Year award highlights CEMEX's continued efforts to reduce energy consumption, minimise environmental impact, and promote sustainable practices across its cement plants, ready-mix concrete facilities, and other operations across the USA. To achieve the award CEMEX has made key contributions such as sourcing 100 per cent renewab... |
Kant Cement Plant builds new clinker line01 April 2024, Published under Cement NewsKyrgyz Republic-based Kant Cement Plant OJSC has commenced construction of a new dry clinker production line. The new line will have a clinker production capacity of 2500tpa, equivalent to an annual capacity of 0.8Mt. The Kant Cement Plant, located in Ysykaty District, currently has a production capacity of 1.089Mta of cement and 0.99Mta of clinker. |
East African Portland Cement begins second phase of Athi River upgrade01 April 2024, Published under Cement NewsEast African Portland Cement (EAPC) has commenced the second phase of its upgrading programme at its Athi River plant. The programme, which will involve a 25-day maintenance shutdown, is designed to boost cement production capacity at the facility to 1Mta in the next two years. “Our machines have run for many years with upgrades in between and lack of maintenance, which has depreciated our capacity. For now we are doing the second phase of our machine upgrades and this is targeting t... |
Kohat Cement Co's enhances Line 2 capacity and plans solar project01 April 2024, Published under Cement NewsKohat Cement Co (KOHC) has recently completed the BMR of its Khyber Pakhtunkhwa Line 2, enhancing its line capacity to 2.1Mta from 2Mta previously, taking total capacity to 5.2Mta, as well as improving its efficiency by ~10 per cent, matching that of Line 3, according to AKD Research. Furthermore, a second solar unit with 15MW capacity is in the pipeline, expected to be commissioned in the 1QFY24-25. With the commissioning of this project, the company’s solar energy will increase up to 1... |
PPC's success in Zimbabwe is contrasted by surrounding regions29 March 2024, Published under Cement NewsSouth Africa-based cement manufacturer PPC Cement SA (PTY) Ltd has announced that its operations in Zimbabwe are now debt free, with EBITDA improving 13.6 per cent, for the 10-month period ending January 2024). However, in contrast, sales volumes for its South Africa and Botswana operations fell by four per cent when compared to the equivalent period in the previous year. A spokesperson for PPC said, “Sales volumes in the coastal region experienced a sharper decline than in the inland ... |
UltraTech Cement raises capacity with debottlenecking programme29 March 2024, Published under Cement NewsDuring the course of its capacity expansion programme, the UltraTech Cement ( Aditya Birla Group ) had identified opportunities for debottlenecking and efficiency improvements across various locations, including its wholly-owned subsidiary. Some of these upgrades have since been completed, resulting in additional production capacity of 2.4Mta. The increases in capacity were at the company's grinding units in Magdalla , Gujarat (+0.4Mta), Sonar Bangla , West Bengal (0.6Mta), Neem ka Th... |
Fauji Cement Co becomes Pakistan’s third-largest cement producer29 March 2024, Published under Cement NewsFauji Cement successfully commissioned its greenfield cement plant with a clinker capacity of 6500tpd at Shadan Lund district, Dera Ghazi Khan , within a record time of 13 months. With the commencement of operations of the new line on 30 November 2023, the company’s total cement production capacity increased to 10.6Mta, which established the company as the third-largest cement producer in Pakistan. Meanwhile, according to AKD Research, Fauji Cement effectively increased its local marke... |
HGH USA appoint new executive VP and general manager29 March 2024, Published under Cement NewsHGH is delighted to announce the appointment of Johanne Lecomte as the new executive vice-president and general manager for HGH USA. Her new role has been effective since February 2024, and she has already visited the headquarters in Paris to meet with the teams and participate in strategic meetings. With over two decades of experience as a sales and BD executive, Johanne Lecomte has a robust track record in the space and defense industry, including significant roles at Airbus and Thales Ale... |
Southeast Cement sees 2% YoY revenue increase29 March 2024, Published under Cement NewsTaiwan-based Southeast Cement has reported revenue of TWD2.27bn (US$70.88m), up two per cent on the previous year. Net income in 2023 came in at TWD149.5m, on a par with 2022, while the profit margin declined from 8.3 per cent in 2022 to 6.6 per cent the following year, reportedly driven by increased expenses. Basic earnings per share from continuing operations in 2023 stood at TWD0.26, unchanged from 2022. In the fourth quarter of 2023, ended 31 December, the company recorded total r... |
Gautam Adani injects US$799m into Ambuja28 March 2024, Published under Cement NewsGautam Adani and his family have invested a further US$799m in Ambuja Cements Ltd , raising their stake in the cement producer to 66.7 per cent. According to Bloomberg News, the move is indicative of the billionaire’s confidence in the cement business as India undergoes an infrastructure boom. Adani first acquired a controlling stake in Ambuja Cements Ltd and ACC Ltd in 2022 for US$10.5bn. This latest investment will help Ambuja Cements increase its production capacity to a target 1... |