Cement News tagged under: new appointment

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Dewan Cement appoints new CEO

29 January 2021, Published under Cement News

Pakistan’s Dewan Cement has announced the appointment of a new Chief Executive Officer and Director, with effect from 27 January. Malik Bilal Omar has been appointed in the role after the departure of Syed Muhammad Anwar.

Dalmia Cement sees sales volumes rise 7%

10 November 2020, Published under Cement News

India’s Dalmia Cement (Bharat) Ltd has seen a seven per cent YoY rise in sales volume to 4.8Mt in the second quarter of the FY20-21, on the back of strong rural demand and a pick-up in the government’s infrastructure and low-cost housing projects. The company also reported its highest ever quarterly EBITDA at INR7.02bn (US$94.68m), compared to INR4.75bn in the 2QFY19-20. Profit after tax also surged to INR2.32bn from INR360m. "The strength of our company’s foundation is visible in overall...

Trinidad Cement appoints new CEO

10 November 2020, Published under Cement News

Trinidad Cement Ltd (TCL) has appointed Francisco Aguilera Mendoza as its new CEO, effective from 1 December 2020. Mr Mendoza, who was appointed to the board in 2014, currently serves as deputy chairman and will also continue in that role. The new CEO is also the vice president of Trading Americas and Group Shipping for Cemex and is thereby responsible for the trading of cement and clinker in the Americas, including in the Caribbean. Seijo Gonzalez, CEO of TCL since May 2015, is expect...

BUA Cement appoints new CFO

05 October 2020, Published under Cement News

Nigeria's BUA Cement has appointed Jacques Piekarski as its new chief financial officer, effective 2 October 2020. Abdul Samad Rabiu, chairman, stated: "The board is confident that Piekarski’s broad experience, strong leadership capabilities and understanding of the industry will ensure that BUA Cement is well positioned to take advantage of available opportunities to drive improved operational performance and sustain our profitable growth trajectory." Prior to joining the company, Mr ...

Flying Cement appoints new director

25 September 2020, Published under Cement News

Pakistan’s Flying Cement Co has announced the resignation of Waqar Zahid, a director of the company, effective from 10 September 2020. Following Mr Zahid’s departure, the company has appointed Muhammad Mubeen Khan as a new director.

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...