Cement News tagged under: new appointment

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Fauji Cement announces new director

09 September 2020, Published under Cement News

Pakistan’s Fauji Cement Company Ltd has announced the appointment of Imran Moid as a director of the company, with effect from 7 September 2020. Mr Moid will take the place left by the departure of Rehan Laiq. The announcement follows news of the company’s results earlier this week.

Summit Materials announces 2Q results and new CEO

22 July 2020, Published under Cement News

US-based Summit Materials saw a 24.5 per cent rise in operating income for the second quarter of 2020 to US$100.1m from US$80.4m in the year-ago period. Adjusted EBITDA also advanced 14.1 per cent YoY to US$160.2m from US$140.5m. Cement sales volumes declined 6.3 per cent YoY in the 2Q20, while prices were up 1.2 per cent. "Despite economic uncertainty, Summit experienced resilient demand and favourable weather conditions, particularly in Utah and Kansas, which led to record 2Q net reven...

Elementia appoints new CEO

24 June 2020, Published under Cement News

Mexico’s Elementia has appointed Jaime Rocha Font as its new CEO, with effect from 2 September 2020. Mr Rocha Font will take over the position from Fernando Ruiz Jacques, who has held the role since February 2015. Mr Rocha Font is the current head of Elementia’s cement division and thereby serves as the CEO of Cementos Fortaleza. Alongside this, he has been the president of the country’s National Cement Chamber since 2019. "I appreciate the work and dedication that Fernando Ruiz carrie...

KCP appoints new managing director

14 May 2020, Published under Cement News

India’s KCP Ltd has received shareholder approval for the appointment of V L Indira Dutt as its new chairperson and managing director with immediate effect. The company's executive chairman, V L Dutt, had passed away earlier this year. Prior to taking up the new responsibility, Indira Dutt was director of KCP Ltd, Velagapudi Foundation, KCP Vietnam Industries and V Ramakrishna Sons.

Suez Cement announces new chairman

30 April 2020, Published under Cement News

Egypt’s Suez Cement Group has appointed Ambassador Yasser El-Naggar as the new chairman of the group, effective from 23 April. Mr El-Naggar has succeeded Hayrullah Hakan Gurdal in the role. Mr El-Naggar has previously served as principal deputy minister of planning and was a member of the senior management overseeing the implementation of Egypt's 2030 Vision. Elsewhere, the company has also announced plans to reduce the salaries of the managing director and members of the management commit...

LafargeHolcim to propose new board members at AGM

17 April 2020, Published under Cement News

LafargeHolcim is expected to request shareholder approval for two new board members at its annual general meeting on 12 May 2020. Dr Philippe Block and Kim Fausing would add experience from academia and the building industry, according to a press release. Dr Block has served on the Academic Committee of the LafargeHolcim Foundation for Sustainable Construction since 2014. Mr Fausing is the president and CEO of the Danish Danfoss Group. Aside from Paul Desmarais Jr, all other existing boar...

Eagle Materials appoints new board member

16 April 2020, Published under Cement News

USA-based Eagle Materials has appointed Mary Ricciardello to its board of directors. Ms Ricciardello’s previous experience includes seven years on the board of US Concrete. “We are extremely pleased to have Mary join our board. Mary is a proven leader and will be a great complement to the strong leaders on our board today. The addition of Mary to the board is also timely in that it provides additional flexibility in light of prospective board needs as we plan for the separation of Eagle M...

Cemex makes organisational changes

27 March 2020, Published under Cement News

Cemex has announced that Sergio Mauricio Menéndez Medina, current president of Cemex Europe, has been appointed as president of Europe, the Middle East, Africa and Asia. Therefore, Mr Menéndez Medina will oversee the business in the Philippines, Israel, Egypt and the UAE, in addition to his current responsibilities, with effect from 27 March 2020. "I would like to thank our current president of our Asia, Middle East and Africa region, Joaquin Estrada, for his contribution and commitment t...

Aumund names new MD of Brazilian subsidiary

26 March 2020, Published under Cement News

Aumund has named Paulo Lima as the new managing director of its Brazilian subsidiary, based in São Paulo. Paulo Lima has already had a successful career in mechanical engineering, in particular in conveying technology, with experience in sectors such as cement, mining and minerals, according to the company. Mr Lima has also held leading sales positions at the subsidiary in São Paulo from 1996-2000 and 2004-08.

TÇMB re-elects chairman and announces export success

26 February 2020, Published under Cement News

The Turkish Cement Manufacturers’ Association (TÇMB) has re-elected Dr Tamer Saka as its chairman, with Dr Saka having already served in the role since July 2019. Following his re-election, Dr Saka highlighted the successes of the country’s cement export industry in 2019. "The total export of clinker and cement in 2019 increased 68 per cent and realised as 23Mt. The total export value of the Turkish cement sector became US$877m, with a 44 per cent increase YoY. We are exporting to more than...