Cement News tagged: Corporate

MKAO Fenestraria Consultants Ltd acquires 100% stake in Serebryansky Cement

05 July 2019, Published under Cement News

MKAO Fenestraria Consultants Ltd, one of the companies close to Oleg Deripaska that became residents of the SAR on Oktyabrsky, Kaliningrad region, now holds a 100% stake in Serebryansky Cement, according to SPARK-Interfax. Serebryansky Cement plant was built in 2012 in the Ryazansky region by BaselCement. Russia’s SAR zones were set up last year to de-offshorise foreign holdings that are c...

Hanson UK completes GBP24m investment programme

05 July 2019, Published under Cement News

Hanson UK (HeidelbergCement group) has completed the GBP24m investment programme at its Padeswood plant, near Mold, Flintshire, Wales. The project for additional grinding capacity and efficient energy use included the installation of a nearly-new vertical roller mill (VRM). The Loesche VRM, housed in a 34m-high building, started its life at a grinding plant in Bilbao. It had only 7000 opera...

MPA appoints new executives

05 July 2019, Published under Cement News

The UK-based Mineral Products Association (MPA) has appointed three new members to its executive team: Tony Jones is the organisation’s new director of health and safety, while Neal Weston will succeed Brian James as director of regions. Dr Robert McIlveen, head of public affairs, will take over from Jerry McLaughlin. Tony Jones is an experienced SHEQ specialist having worked in the security...

La Araña cement works to install new crusher

04 July 2019, Published under Cement News

Spain-based La Araña cement plant, owned by FYM-HeidelbergCement, has received approval from the town’s planning department to build a new slate crusher. The EUR3m project is expected to reduce noise and dust emissions from the operations. The new equipment will replace two existing crushers, which are around 60 years old. The assembly of the crusher will start at the beginning of next year ...

Hongshi-Shivam Cement tops strength tests in Nepal

Hongshi-Shivam Cement tops strength tests in Nepal

04 July 2019, Published under Cement News

In just two years of operation Hongshi-Shivam Cement has claimed 60 per cent of the Nawalparasi district market in Nepal. The successful Chinese-owned plant had a total investment of US$350m and produces 6000tpd of cement and has quickly risen in popularity with consumers. The reason for the attractiveness of Hongshi Cement's product is in the brand's cement strength and quality. Tests from m...

Raysut Cement establishes partnership for Somaliland plant

04 July 2019, Published under Cement News

Oman’s Raysut Cement Co has established a partnership with MSG Group to set up a grinding unit in Somaliland, an autonomous region of Somalia. The 1Mta unit is expected to be constructed in Berbera, Somaliland, at an investment of around US$40m. Raysut reportedly has 55 per cent of the share capital of the project, according to Reuters.

South Valley Cement posts loss in 1Q19

South Valley Cement posts loss in 1Q19

04 July 2019, Published under Cement News

Following reports that its total profit fell 54 per cent in 2018 , Egypt-based South Valley Cement has announced that it made a loss in the first three months of 2019. The company has recorded a net loss of EGP38.45m (US$2.3m) in the 1Q19, compared to a net profit of EGP5.9m in the corresponding period of 2018.

World Cement Association appoints its first CEO

04 July 2019, Published under Cement News

The World Cement Association has appointed Ian Riley as its first CEO and he will start in his new position from 1 September 2019 when Norman Greig retires as Secretary General. "We are delighted that Ian has agreed to join World Cement Association as its CEO, at an incredibly exciting time in our history," said WCA Chairman, Vincent Lefebvre. "His experience and drive will be invaluable as w...

Cementos Melon gets go ahead for Punta Arenas grinding plant

12 July 2019, Published under Cement News

Chile's Environmental Evaluation Service (SEA) has passed the environmental impact assessment (EIA) for Cementos Melón (Brescia Industrial Group) to construct the company's new grinding unit in Punta Arenas, Magallanes region. The grinding plant will cost US$45m to build and will have a cement capacity of 0.25Mta, but depending on demand the total capacity could be raised to 0.5Mta in the fut...

Kohat Cement awards scholarships

03 July 2019, Published under Cement News

Kohat Cement Ltd, has awarded scholarships to engineering students of University of Engineering and Technology (UET) Peshawar, Pakistan. As part of its social corporate responsibility to help local communities in education sector, the deserving students belonging to Kohat have been awarded these scholarships to cover their tuition fee. This was stated by Col Anjmal Khan (retired), general mana...

Lafarge Hungary announces plant investment

02 July 2019, Published under Cement News

Lafarge Cement Hungary has announced that it will invest HUF2bn (US$6.99m) for upgrades at its plant in Királyegyháza, southwest Hungary, by the first half of next year. The investment will boost the share of secondary fuel used at the plant from 60 to 80 per cent and reduce CO 2 emissions by 10 per cent. Last year, the company generated a revenue of around HUF19bn.

PPC reports revenues of ZAR10.4bn in FY19

04 July 2019, Published under Cement News

PPC has reported revenue up one per cent in the FY19 ended 31 March, rising to ZAR10.4bn (US$772.7m), while EBITDA increased four per cent to ZAR1.9bn. PPC's overall cement volumes rose by one per cent to 5.9Mt.
 South Africa's cement market (including Botswana) as a whole saw a decline of 2-3 per cent in sales but the inland market remains competitive, according to the company. The coastal ...

Charah Solutions to set up third SCM grinding unit

01 July 2019, Published under Cement News

Charah® Solutions Inc has announced plans to set up its third grinding facility for supplementary cementitious materials (SCMs) in Oxnard, California, USA. "Charah Solutions is one of the leading fly ash sales and marketing companies in the country and we are proving that further with this new facility that will help stabilise the West Coast market with high-quality SCMs where availability ...

Shree Cement commissions 2.5Mta of grinding capacity

28 June 2019, Published under Cement News

India’s Shree Cement has commenced commercial production at its new 2.5Mta grinding unit in Seraikela-Kharsawan district, Jharkhand. The fresh capacity is one of a number of new grinding projects that the company set out to commission by 2020. Last month, it also announced plans to add 3Mta of capacity to its unit in Pune .

Peter Donkersloot to resign from Caribbean Cement

28 June 2019, Published under Cement News

Peter Donkersloot Ponce, general manager of Caribbean Cement Co (TCL Group), has announced that he will resign his post effective from 31 July. The position will be filled by Yago Castro Izaguirre, the current general manager of Arawak Cement Co (also TCL Group) in Barbados. Mr Donkersloot was appointed general manager of Caribbean Cement in 2016, under his leadership the company has receive...

UltraTech and private equity firms in talks to buy Emami Cement assets

28 June 2019, Published under Cement News

Emami Group is reportedly holding talks with UltraTech Cement and private equity firms KKR and Temasek Holding to sell assets from its cement business, Emami Cement, which is valued at INR50bn (US$725.4m). The Kolkata-based company is looking to reduce debt and concentrate on its core business. The group is still deciding on whether to fully exit the cement business or simply reduce its stake...