
October 2025
Denmark: FLSmidth has appointed Mikael Lindholm as Chief Digital Officer (CDO) with effect from 1 May 2018. Lindholm has worked on digitalisation in the global Internet of Things since the mid-2000s, most recently in a position as Vice President, Internet of Things Asia with Telenor. His previous experience includes strategic and operational experience from both the service industry and traditional manufacturing.
US: CarbonCure Technologies has appointed Ted Jones as its Vice President of Sales and Marketing. Previously he worked as the sales and marketing lead with Oldcastle Precast, Contech Engineered Solutions, and The Fort Miller.
Jones succeeds Bill Holden as Vice President of Sales. He will be launching and spearheading a new Industry Advisory Council, which is an advisory board made up of concrete industry leaders. He will continue to sit on CarbonCure’s Board of Directors. Jennifer Wagner, the former Vice President of Marketing, has been promoted to the Executive Vice President of Corporate Development.
Breedon Group sales in 2017 bounce on acquisitions 07 March 2018
UK: Breedon Group has described 2017 as ‘one of the most productive years’ in its history following the full-year contribution from Hope Construction Materials that was acquired in mid-2016. Its sales revenue rose by 43% year-on-year to Euro728m in 2017 from Euro507m in 2016. Its underlying earnings before interest and taxation rose by 35% to Euro90m from Euro66.5m.
“We completed the integration of our largest-ever acquisition, concluded two bolt-on purchases and announced an important transaction with Tarmac that, subject to approval by the competition authorities, will see us streamline our ready-mixed concrete network in exchange for a substantial new reserve of minerals and a strategically valuable asphalt plant. This did not, however, distract us from our operational focus and we once again delivered a solid financial performance,” said executive chairman Peter Tom.
The construction materials group said that construction output continued to grow in 2017, rising by 3% despite a softening of the market during the second and third quarters of 2017. It reported ‘marked’ geographical disparities, with generally stronger demand in England than in Scotland and many regional variances within both countries. Growth was led by increases in residential and infrastructure development.
The group completed a programme of capital investment during the year at its Breedon Cement division. This included buying a fleet of new tractor units and powder tankers, upgrading the pre-heater riser, kiln feed and rail line at the Hope cement plant and a replacement excavator at the limestone quarry.
India: Nuvoco Vistas plans to increase its specialist cement product range by 5 – 10% over the next two years. The cement producer is undergoing cost cutting initiatives and brand transition exercises, according to the Telegraph of India newspaper. Sales volumes of microfibre-based cement are expected to double to 10% of the company’s product mix. On the production side, the company is considering reducing costs by installing captive power plants and waste heat recovery units.
Nirma Group purchased three cement plants and two grinding plants from Lafarge India with a total production capacity of 11Mt/yr in 2016. Its cement business, Nuvoco Vistas, operates six plants in Chhattisgarh, Rajasthan, Jharkhand and Bengal and Haryana.
UltraTech Cement fights rejected bid for Binani Cement 07 March 2018
India: UltraTech Cement is querying the National Company Law Tribunal (NCLT) why its bid for Binani Cement had been rejected. The auction for the bankrupt Binani Cement was won by a consortium consisting of Dalmia Bharat and Bain Capital’s India Resurgent Fund and Piramal Enterprises, according to the Business Standard newspaper. UltraTech Cement is questioning how the bid selection process was conducted.
Although JSW Cement won the first round of bidding, the NCLT decided to ask for more bids. Bidders were then informed that their bids would be assessed using a weighted system that would consider each company’s background, experience and upfront cash to be paid to the secured lenders.
Tata International signs contract with Vissai Cement Group for joint-venture in Vietnam 07 March 2018
Vietnam: Tata International Singapore has signed a memorandum of understanding with Vissai Cement Group to form a joint venture company in to use the port of Vinh. The deal is expected to create a distribution network for coal, according to the Press Trust of India. The company will also be responsible for Vissai Cement’s coal imports. The joint-venture is expected to benefit from the port’s location as a key gateway for trade into and out of Laos.
Lao Cement starts trading on Lao Securities Exchange 07 March 2018
Laos: Lao Cement has started trading on the Lao Securities Exchange. It celebrated its first day of trading on the stock exchange on 2 March 2018, according to the Xinhua news agency. The cement producer is a joint venture between the Chinese and Lao governments.
Vietnam: Xuan Thanh has hired Denmark’s FLSmidth to provide five onsite advisors with the purpose of optimising the production of its cement plant while minimising the production costs. The customer's 12,500t/day cement plant is located in Ha Nam, Vietnam, and is the largest cement plant in South East Asia. FLSmidth has also supplied the equipment for the cement plant since 2017.
"By implementing best practices and data from other cement plants globally, we can assist Xuan Thanh in improving their output while minimising their production costs. In other words we will enhance their productivity. This contract is a continuation of the long-standing partnership between Xuan Thanh and FLSmidth and will optimise the production of high quality cement to the local market," said Per Mejnert Kristensen, Group Executive Vice President, Cement Division of FLSmidth.
ZCCM-Investment Holding to start building US$680m cement plant in Zambia later in 2018 06 March 2018
Zambia: ZCCM-Investment Holding, an investment company owned by the Zambian government plans to start work on a US$680m cement plant later in 2018. ZCCM-Investment Holding chief executive officer Pius Kasolo said that drilling tests had been completed at the site, according to the Zambia Daily Mail newspaper. Construction of the plant is expected to take two to three years once the finance for the project is secured and feasibility studies are completed.
Cimentos de Mocambique denies raising prices 06 March 2018
Mozambique: Cimentos de Mocambique has denied increased the price of its cement products. At a press conference in Nampula Jorge Reis, the managing director of Cimentos de Mocambique, said that his company had nothing to do with the ‘sharp’ increases in the price of cement charged by retailers, according to the Mozambique News Agency. Reis said that the cement producer had not raised its prices since late 2016. He added that the company’s Nacala plant had been affected by an irregular electricity supply. It is currently negotiating with its electricity supplier to improve its service. Retailers have blamed the price hike on an alleged shortage of cement and difficulties in acquiring it from cement plants.
The Provincial Director of Trade and Industry, Norberto Narciso, said that information from Cimentos de Mocambique would be distributed to businesses in Nampula and in the neighbouring province of Niassa, which also acquires cement from Nacala. He also promised that the government’s National Inspectorate of Economic Activities would check the retail price of cement to see whether the retailers are respecting the ‘recommended profit margins’.