Cement News tagged under: MoU

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Qatar National Cement signs digital and Uzbekistan MoUs

30 May 2023, Published under Cement News

Qatar National Cement Co (QNCC) has made a strategic decision to partner SAP and Google Cloud to fuel its digital transformation and ensure future-proof operations.   Eng Essa Mohammed Ali A M Kaldari, QNCC CEO, emphasised the significance of this transformation: "Our aim is to modernise and streamline our systems, increase efficiencies, and enhance the services we deliver to our customers and employees. After implementation, our operations will be more agile and scalable, ena...

Qassim Cement signs MoU for proposed acquisition of Hail Cement

26 September 2022, Published under Cement News

Qassim Cement Co (QCC) signed a non-binding memorandum of understanding (MoU) with Hail Cement Co (HCC) to commence discussions for QCC to acquire all issued shares of HCC. In a statement to Tadawul, QCC said both parties will proceed with the due diligence in relation to the proposed transaction. If the deal completes based on the exchange ratio, the total consideration to be paid by QCC to HCC’s shareholders will be approximately 18.92m newly-issued shares in QCC. Based on QCC’s ...

thyssenkrupp Industrial Solutions and VIBM sign MoU

16 May 2022, Published under Cement News

thyssenkrupp Industrial Solutions Vietnam and the Vietnam Institute of Building Materials (VIBM) have signed a Memorandum of Understanding (MoU) on cooperation between both parties on the research and application of new technologies in cement manufacture.   At the ceremony, Lukas Schoeneck, CEO of thyssenkrupp Industrial Solutions Vietnam, reaffirmed his commitment to collaborate with VIBM under the guidance of the Deputy Minister of Construction, Nguyen Van Sinh, to transit the cemen...

INSEE Cement signs MoU with Hambantota Port

29 November 2021, Published under Cement News

Hambantota International Port Group (HIPG) recently signed an agreement with INSEE Cement to ensure the efficient transfer of raw materials to the Galle cement plant, Sri Lanka, via the Hambantota Port.  The agreement was signed between INSEE Cement CEO, Gustavo Navarro, and HIPG CEO, Johnson Liu, at a ceremony held at the Hambantota Maritime Centre.      Mr Navarro said: "Due to the limitations we have experienced in our previous operations, we couldn’t bring bigger vessels with larger ...