Cement News tagged: Corporate

Shiva Cement announces resignation and appointment

22 December 2023, Published under Cement News

Indian cement producer Shiva Cement Ltd has announced the resignation of Rajendra Prasad Gupta as non-executive director of the company. He will also cease to be chairman/member of the committees constituted by the Board of Directors. Aged 75, Mr Gupta has expressed his intention to retire to spend more time with his family and other commitments.  Shiva, which is part of JSW Cement , has...

CEMEX supports zero emission hydrogen start-up

21 December 2023, Published under Cement News

CEMEX Ventures, CEMEX’s corporate venture capital and open innovation unit, has increased its stake in HiiROC, a UK-based start-up that produces cost-competitive and zero-emission hydrogen through its proprietary process of thermal plasma electrolysis. While hydrogen is becoming an increasingly promising alternative energy source and feedstock for a wide and diverse set of industrial proc...

Hoffmann Green extends contract with CSTB

21 December 2023, Published under Cement News

Hoffmann Green Cement Technologies has announced that the partnership contract it signed in 2021 with France’s Scientific and Technical Centre for Building (Centre Scientifique et Technique du Bâtiment (CSTB)) has been extended for a further three years. According to the cement producer, thanks to the planning and coordination established between the two entities, this partnership exte...

Adbri's Kwinana project on track for 2Q24

20 December 2023, Published under Cement News

Australian cement producer Adbri has provided an update on its Kwinana upgrade project, saying it is on track in terms of both cost and timings. According to the company, the Kwinana project will deliver a modern, state-of-the-art facility that consolidates Adbri’s two existing cement production sites, strengthening its position as a sustainable, low-cost cement supplier in Western Austral...

BUA's Sokoto Line 5 begins production

BUA's Sokoto Line 5 begins production

21 December 2023, Published under Cement News

Production has begun at Line 5 of BUA Cement ’s Sokoto plant. The 3Mta expansion project forms part of the company’s plans to not only expand its production capacity but also bring down cement prices in Nigeria. In October this year BUA lowered its ex-factory cement price to NGN3500 (US$4.55)/bag, with the company announcing plans to review its prices even further in the opening quarter of ...

Lafarge faces new terrorism lawsuit

20 December 2023, Published under Cement News

Hundreds of Yazidi Americans have launched a lawsuit against Lafarge, accusing it of supporting violence carried out by ISIL (ISIS). According to Aljazeera news, the cement producer is accused of abetting violence and terrorism by providing supplies for the construction of tunnels and prisons. The lawsuit was filed in New York on 14 December, led by Nobel Peace Prize winner Nadia Murad.  Th...

Ambuja Cements appoints new CHRO

Ambuja Cements appoints new CHRO

20 December 2023, Published under Cement News

Ambuja Cements has appointed Manoj Kumar Sharma as its new chief human resources officer (CHRO), effective from November this year. In his new position, Mr Sharma will be responsible for succession planning, HR transformation, leadership development, HR strategy, executive coaching, and talent management.   He joins Ambuja from Adani Electricity where he held the role of senior execut...

Saint-Gobain makes first move into Ecuador

19 December 2023, Published under Cement News

Saint-Gobain has entered into an agreement to acquire a majority stake in IMPTEK Chova del Ecuador, a leading player in the construction chemicals market in Ecuador, providing differentiated and innovative waterproofing solutions. This will be Saint- Gobain’s first manufacturing presence in the country. With expected revenues of around EUR30m in 2023, operating one plant in the region of...

Holcim launches Phoenix, 3D-printed bridge

19 December 2023, Published under Cement News

Holcim has launched Phoenix, the first-of-its-kind 3D-printed concrete masonry bridge built using 10t of recycled materials, at its Innovation Hub in Europe. Using its proprietary ECOCycle® circular technology, Holcim developed a custom concrete ink for Phoenix with recycled materials inside. Phoenix demonstrates how circular construction combined with 3D concrete printing can enable low-car...

Sika opens new technology centre in China

19 December 2023, Published under Cement News

Sika has significantly expanded its research and development capacities in the Asia/Pacific region and opened a new, state-of-the-art technology centre in Suzhou, China. According to the company, although the facilities at the new Technology Center comprise cutting-edge laboratories for the development of adhesives and sealants, research infrastructure has also been established for concrete a...

CRH proposal to acquire Adbri

20 December 2023, Published under Cement News

CRH has entered into an agreement to acquire Adbri Ltd . Under the proposal, CRH would partner with Australian family-owned business, Barro Group, which has an approximately 43 per cent share in Adbri. CRH currently has a 4.6 per cent interest in the company via a cash settled derivative and would acquire the remaining approximately 57 per cent of Adbri’s shares not owned by Barro with the ...

Ambuja Cements announces green power investment

18 December 2023, Published under Cement News

Ambuja Cements has announced plans to invest INR60,000m (US$723m) in renewable energy, resulting in green power accounting for 60 per cent of its energy requirements. According to the company, 1000MW of solar and wind power projects are planned, including a 600MW solar power project and a 150MW wind project in Gujarat, along with a 250MW solar power project in Rajasthan. This will be achieve...

Adani Group commits to investment in Bihar

15 December 2023, Published under Cement News

The Adani Group has announced plans to invest an additional INR87,000m (US$1046m) in the Indian state of Bihar. The money will be spent across a number of sectors, including its cement business. So far Adani has invested around INR8500m in the Bihar region but plans to create an additional 10,000 jobs in the state through its spending plans, according to The Telegraph.  “Bihar is now an a...

Bangladesh's foreign and local cement firms report mixed financial results in 1QFY24

15 December 2023, Published under Cement News

The Bangladesh foreign and local cement firms listed at the Dhaka Stock Exchange (DSX) improved their earnings in the July-September quarter of FY23-24, overcoming challenges stemming from rising energy costs and the depreciation of the taka currency against the dollar during this accounting period. According to local media, the cement makers partially offset additional costs by boosting sale...

Hoffmann Green to build new plants in Florida

15 December 2023, Published under Cement News

Hoffmann Green has signed an agreement with a partner that defines the main points of an exclusive licensing agreement to build several Hoffmann manufacturing units in Florida, USA.  The Inflation Reduction Act (IRA), a major US$370bn investment plan voted in 2022 in the USA, is designed to fund, over 10 years, the country’s energy transition and achieve the goal of cutting greenhouse ga...

Aggregate Industries breaks ground on new Tilbury plant

14 December 2023, Published under Cement News

Aggregate Industries has broken ground on its new low-carbon cement production unit at the Port of Tilbury in the UK. The new facility will enable the company to supply its customers with conventional, low carbon, and circular cementitious materials from five loading heads. The primary objective of the new unit is to meet increasing demand for sustainable building materials. As well as p...