Displaying items by tag: GCW428
Paraguay: Industria Nacional del Cemento (INC) has signed an agreement with the Ministerio de Urbanismo, Vivienda y Hábitat (MUVH), the government body responsible for commissioning residential home construction, for preferential cement prices for companies to which the latter awards building contracts. INC president Ernesto Benítez Petters said “Cooperation with the MUVH will strengthen the consumption of cement produced in Paraguay by ensuring it a price and the provision of demand from this type of project.”
Cahya Mata Sarawak completes strategic restructuring
18 October 2019Malaysia: Following 12 months of graduated succession plan implementation, Cahya Mata Sarawak (CMS) is ready for the retirement of Group Executive Director Ahmad Alwee Alsree Datuk Syed. CMS chairman Tan Sri Abdul Rashid Bin Abdul Manaf accepted Datuk Syed’s retirement with an outpour of thanks for his ‘immeasurable contributions over 15 years of loyal and faithful service.’ All of Datuk Syed’s roles have now passed to successors within the company, with Isaac Lugun Dato taking over as group managing director.
Holcim Argentina opens Holcim Technical Academy at Campana plant
18 October 2019Argentina: Holcim Argentina opened a technical training centre on 17 October 2019 at its 1.2Mt/yr Campana grinding plant. The Holcim Technical Academy will provide specialist training to managers and supervisors from Holcim’s Campana, Córdoba, Jujuy and Mendoza plants, with courses on quality, processes, maintenance and quarries.
CCNN donates cement to Wamakko communities
18 October 2019Nigeria: Cement Company of Northern Nigeria (CCNN) has made a donation of 3000 bags of cement, equalling US$22,100 in value, to impoverished communities in Sokoto State’s Wamakko Local Government Area. CCNN corporate affairs manager Alhaji Sada Suleiman said that the donation, which is to help repair mosques, graveyards, public wells and Islamic schools, was part of the company’s corporate responsibility.
Cambodia: Thai-based Thai Boon Rong Cement is conducting pilot testing at its newly constructed 1.3Mt/yr integrated cement plant in La’ang, Kampot province, with a view to it entering production in November 2019. Asia News Network has reported that the cement plant, located in the Thai Boon Rong Special Economic Zone, will be the fourth in Kampot, bringing the province’s total production capacity to 6.4Mt/yr. Fellow producer Chip Mong Insee, whose plant in Kampot, owned jointly with Siam City Cement, produces 1.5Mt/yr of cement, released a statement expressing hope that the new plant will help to “slash imports by a great amount, which means that we can be nearly 100% self-reliant.”
Including the fifth plant in Battambang, Cambodia’s cement production capacity will stand at 8.2Mt/yr as of the November 2019 inauguration of the new plant by Prime Minister Hun Sen. The figure confronts a rapidly growing domestic demand which is 7.7Mt/yr and shows no signs of slowing. Figures from Chip Mong Insee estimate that national cement demand in 2020 may be as high as 9.0Mt/yr.
Yamama Cement turns a profit in third quarter of 2019
17 October 2019Saudi Arabia: Yamama Cement achieved a US$12.2m third quarter net profit in 2019. This compares with losses of US$12.3m in the corresponding three months of 2018. The company reported a 73% leap in revenues year-on-year to US$49.7m from US$28.7m.
China Tianrui Group Cement signs new clinker supply framework agreement with Ruiping Shilong
17 October 2019China: China Tianrui Group Cement has secured a new agreement with Ruiping Shilong for the supply of its clinker. The company announced that under the new arrangement, valid until 31 December 2021, it will buy clinker at a rate possibly exceeding the US$74m/yr cap stipulated in the 1 April 2019 agreement which covered the same period.
Loma Negra to hire 120 for new line at L’Amali plant
17 October 2019Argentina: Loma’s new line at its L’Amali plant in Olavarría Province, involving a kiln, two vertical mills and a bagging and palletising unit, will create 120 jobs, 80 of which will go to plant staff. The company had previously estimated that 220 people would work on the line. In a statement, it emphasised the importance of maximising gender parity in its recruitment process.
Loma Negra estimated that the upgrade will enlarge the plant’s capacity by 40% to 2.4Mt/yr from 1.7Mt/yr. The declaration follows the announced relocation of 45 staff members with the closure of the 1.5Mt/yr integrated Olavarría cement plant, also in Olavarría province.
Airstrike targets Lafarge Syria facility
17 October 2019Syria: Two Coalition F15s performed a targeted precision airstrike on a Lafarge Syria cement terminal near Kobane on the Turkish-Syrian border. Myles Caggins, Operation Inherent Resolve spokesperson, told Sputnik that the operation succeeded in its aims of “destroying an ammunition cache and reducing the facility’s future military usefulness.” The facility had been used by Coalition and Kurdish forces, and was destroyed following the removal of all personnel and ‘essential tactical equipment’ as part of the US’s withdrawal from northern Syria.