Cement News tagged under: LafargeHolcim
LafargeHolcim to appoint three new Board Members at AGM18 April 2019, Published under Cement NewsLafargeHolcim's Board of Directors are to propose the appointment of three new Members of the Board at the Annual General Meeting (AGM) on 15 May, following the resignation of two Board members. The nominees for the new positions are Colin Hall, Naina Lal Kidwai and Claudia Sender Ramirez. Nassef Sawiris and Gérard Lamarche have decided not to stand for re-election to the Board at the AGM. As the Head of Investments of Groupe Bruxelles Lambert, a major shareholder of LafargeHolcim, Colin H... |
Bamburi Cement sees operating profit fall to KES0.8bn in 201816 April 2019, Published under Cement NewsBamburi Cement (LafargeHolcim) has reported that operating profit fell to KES0.8bn (US$7.92m) in the 2018, from KES4.2bn in 2017. The decline was attributed to higher energy costs in power, coal and petcoke as well as price rises in raw materials and imported clinker. However, group turnover grew by 3.7 per cent from KES36bn in 2017 to KES37.2bn in 2018. |
6th LafargeHolcim Forum is held in Cairo10 April 2019, Published under Cement NewsLafargeHolcim and the American University of Cairo held the 6th LafargeHolcim Forum on 'Rematerializing Construction' in Cairo, Egypt, on 9 April. The forum drew more than 350 leading minds from architecture, engineering, planning and the construction industry and a total of 1200 attendees. Khaled Abbas, Deputy Minister of Housing (Egypt) and Roland Köhler, Chairman of the LafargeHolcim Foundation (Switzerland) welcomed the guests. The meeting included four concurrent workshops with co... |
Cimencam inaugurates 0.5Mta grinding plant05 April 2019, Published under Cement NewsPresident Paul Biya of Cameroon inaugurates the Nomayos grinding plant On Tuesday this week, Cimencam (LafargeHolcim group) officially inaugurated the new Nomayos cement plant. The ceremony was carried out under the patronage of his Excellency Paul Biya, President of the Republic of Cameroon. The grinding plant has a capacity of 0.5Mta and was constructed by CBMI of China. According to Benoît Galichet, CEO of Cimencam, this new production unit is the first step in the transf... |
Lafarge Canada Inc appoints new Eastern Canada CEO03 April 2019, Published under Cement NewsLafarge Canada Inc (LafargeHolcim group) has appointed David Redfern as CEO of its Eastern Canada operations. Previously Product Line General Manager for Western Canada Aggregates and the Greater Vancouver area, David joined LafargeHolcim in 1999 and has held numerous roles of increasing responsibility throughout Canada and France. "David’s success in our Vancouver market has been focused on commercial growth and operational excellence" said René Thibault, LafargeHolcim Group Executive Com... |
Cement companies purchased 0.3Mt of fly ash from Endesa power station02 April 2019, Published under Cement NewsUK and North American cement companies as well as the nearby LafargeHolcim plant have bought some 0.3Mt of fly ash from the Endesa power station in Carboneras, Spain, in 2018. The fly ash is shipped to overseas customers from the port of Endesa Pucarsa. In addition, Endesa has also sold 30,000t of slag and 60,000t of gypsum from its lime plant. |
Ambuja Cement launches 'Ambuja Plus Cool Walls'02 April 2019, Published under Cement NewsAmbuja Cements Ltd (LafargeHolcim group) has launched 'Ambuja Plus Cool Walls' for Individual Home Builders (IHB) in Thane district, India. The product ensures maintenance of a 5°C temperature difference indoors, no matter how hot or cold the external temperature is. Developed by Ambuja’s in-house team, the product embeds 'Heat Barrier' technology to keep indoors warm during the winter and cool during the summer. Deepak Mehra, chief marketing officer of Ambuja Cement, said: "Since our ince... |
The new Asian paradigm01 April 2019, Published under Cement NewsThis week CemNet news reported on the latest developments in LafargeHolcim's (LH) sale of Holcim Philippines Inc. Shares in the company have risen 50 per cent since January 2019, giving the cement maker a US$1.3bn market value, according to Bloomberg data. A decade ago, every cement major wanted to grab a piece of the Emerging Market pie. What happened? Holcim Philippines operates five plants with 9.6Mta capacity, following the recent grinding mill expansion at its La Union plant in North L... |
Big Asian producers in the frame for Holcim Philippines acquisition28 March 2019, Published under Cement NewsChina's Anhui Conch Cement Co and Japan's Taiheiyo Cement Corp have been invited to the next round of bidding for LafargeHolcim's Holcim Philippines Inc, along with Eagle Cement Corp. Shares of Holcim Philippines have risen more than 50 per cent since January 2019, giving the cement maker a US$1.3bn market value, says Bloomberg. Holcim Philippines has also attracted interest from China Resources Cement Holdings Ltd and Hongshi Group Co, reports Bloomberg. Meanwhile, Holcim Philippines In... |
ACC Ltd's cement sales rise to 28.37Mt in 201828 March 2019, Published under Cement NewsAt ACC Ltd's (LafargeHolcim group) 83rd Annual General Meeting, Neeraj Akhoury, managing director and CEO, said the company's cement sales had increased eight per cent to 28.37Mt in 2018. Mr Akhoury added that despite facing multiple rising costs of coal, fuel, petcoke and diesel the company registered robust revenue and volume growth across all four quarters of 2018. Cement sales rose by over 2Mt on 2017 and the premium product range grew by 36 per cent. ACC Ltd's consolidated EBITDA gr... |