September 2024
US: Martin Marietta Materials has appointed James AJ Nickolas as its new chief financial officer (CFO) with effect from mid-August 2017. He will also become a Senior Vice President and will report to C Howard Nye, chairman, president and chief executive officer (CEO). He replaces Anne H Lloyd who is set to retire in September 2017.
Nickolas, aged 46 years, joins Martin Marietta from Caterpillar where he currently serves as the head of Corporate Development. Previously, as Group Chief Financial Officer of Caterpillar’s Resources Industries segment, he was responsible for financial planning and reporting, internal controls, compliance and M&A activity. Before joining Caterpillar in 2008, Nickolas was Executive Director at JP Morgan Securities where he worked on originating and executing debt and equity capital raising and mergers and acquisitions. He began his professional career as a Certified Public Accountant at Coopers & Lybrand where he was a senior tax associate. He holds a BS degree in Accounting from the University of Illinois at Urbana-Champaign and both an MBA in Finance and a JD degree from the University of Chicago.
Lloyd, aged 56 years, joined Martin Marietta in 1998 as Vice President and Controller. She was named Chief Accounting Officer in 1999 and was promoted to CFO in 2005. She was named Executive Vice President in 2009. As CFO, she has led the financial areas of Martin Marietta, including financial reporting, accounting, internal audit, investor relations, tax and treasury.
France: LafargeHolcim has appointed Heike Faulhammer as Group Head of Research & Development with effect from 1 July 2017. She will be based at the group’s global research and development (R&D) centre near Lyon, France.
Faulhammer, aged 50 years, joins LafargeHolcim from Arkema, a French chemicals producer, where she has spent 20 years in research, production, product innovation-related functions and sustainable development. In particular, she acted as a Director at Arkema’s global R&D centre in Lacq. Faulhammer graduated from the University of Freiburg (Germany) and holds a PhD in Chemistry.
Russia: Anhui Conch plans to start building a cement pant in the Ulyanovsk region by the spring of 2018. The local development corporation also announced that staff have been recruited for the project and early design work has started, according to Construction magazine. The 5000t/day plant is expected to start operation by early 2021.
Lebanon: Cimenterie Nationale has officially inaugurated a new bag filter at its Chekka cement plant. The new filter is expected to reduce dust, NOx and SO2 emissions by more than half, according to the L'Orient-Le Jour newspaper. The filter has been in operation since late May 2017.
Peru: The Association of Cement Producers (Asocem) has forecast that cement production will grow by 1 - 1.5% in 2017. This is based on predicted growth in the second half of 2017 following a decline in production of 5.5% over the last 12 months, according to the Gestión newspaper. Despite this production continued to fall in May 2017, by 6.4% year-on-year to 0.78Mt, although the rate has slowed since April. Cement demand is expected to rebound due to the reconstruction work after El Niño-related flooding and government infrastructure projects.
UK: Vortex’s Loading Solutions product line has gained Zone 20 (internal) and Zone 21 (external) ATEX certification in the European Union (EU). The certification allows Vortex to broaden its international reach and enter an established European market for loading spouts, chutes and bellows as ATEX certification is required for equipment sold through the EU. The UK’s SGS Baseefa assisted Vortex in gaining certification over a year-long process.
Vortex Loading Solutions are designed to capture fugitive dust, prevent material waste, ensure plant and environmental safety, and minimise maintenance and service expenses for bulk solids applications.
US: Two CalPortland cement plants have earned the US Environmental Protection Agency's (EPA) Energy Star certification for 2017. The Rillito plant in Arizona has achieved certification for the sixth time and the Oro Grande plant in California has earned its first certification since recently being acquired by CalPortland in 2015.
“CalPortland is proud to accept EPA’s Energy Star certification in recognition of our energy efficiency efforts,” said Allen Hamblen, president and chief executive officer (CEO) of CalPortland. “CalPortland takes great pride in our partnership with Energy Star which is proven through the dedication of our employees who are proud to participate in programs that improve our energy efficiency, reduce emissions and contribute to protecting our environment.”
Gharibwal Cement starts waste heat recovery unit 26 June 2017
Pakistan: Gharibwal Cement has started commercial operation of a 20MW waste heat recovery unit at its Jehuml plant in Punjab. According to its website it will generate 12MW from the waste hot gases of the cement production process and 8MW from a coal-fired system. The plant has a clinker production capacity of 6700t/day.
India: The Tamil Nadu state Industries Minister M C Sampath says that the Tamil Nadu Cements Corporation (Tancem) upgrade project is 60% complete at its Ariyalur cement plant. The US$116m upgrade at the government-owned plant is being undertaken by Larsen & Toubro with FLSmidth, according to the Press Trust of India. US$24m has been spent on the project so far. Construction is expected to be completed in 2018 and the upgrade will increase the plant’s production capacity to 1.5Mt/yr from 0.5Mt/yr.
Ssangyong Cement buys Daehan Cement 26 June 2017
South Korea: Ssangyong Cement has purchased a 100% stake in Daehan Cement for US$232.8m. Ssangyong Cement has signed an agreement with Hahn & Company to buy the stake from the private equity firm, according to the Maeil Business Newspaper. Daehan Cement is the country’s largest slag cement producer. Ssangyong Cement’s purchase is expected to preserve the cement producer’s market lead against Hanil Cement which bought Hyundai Cement earlier in 2017.