Displaying items by tag: India

India: The board of directors of ACC Ltd has appointed Harish Badami as CEO and managing director (MD) designate with effect from 1 August 2014. Badami will assume responsibility as CEO and MD of the company for a period of five years. He will succeed Kuldip Kaura.

"With the Jamul cement plant (in Chhattisgarh State) expansion coming on stream in 2015, ACC is now well poised to serve the Indian market which is on the threshold of rapid growth," said Kaura.

"At this juncture, with the economy showing positive signs, I look forward to the exciting opportunity to participate in its growth," said Badami.

India: Jamshed Naval Cooper, HeidelbergCement India's director of sales and marketing, has taken over as the chief operating officer from 4 June 2014. Cementrum I BV of the Netherlands, the holding company of HeidelbergCement India, proposed the appointment. The position is subject to the approval of the board of directors.

Cooper succeeds Ashish Guha, who had resigned from the position of chief executive and managing director, but acceded to continue in office until the appointment of a successor at the request of the board of directors.

India: JK Cement has announced that the Board of Directors has appointed Paul Hugentobler as an additional director in the Board, to hold office until the conclusion of the next Annual General Meeting. Previous to the appointment, Hugentobler served as an advisor to Holcim between 1 January 2014 to February 2014. Between 1999 – 2000 he was the CEO at Siam City Cement and between 1980 – 1994 Hugentobler was a project manager at Holcim Group Support.

Switzerland: Onne van der Weijde, Area Manager for India until 25 April 2014, and member of Holcim Senior Management, will leaves Holcim effective from 1 June 2014. The member of the Holcim Executive Committee, Bernard Terver, responsible for the Indian Subcontinent, will take over direct responsibility for the country.

India: Ashish Guha, chief executive officer (CEO) and managing director (MD) of HeidelbergCement India has resigned.

"Ashish Guha, CEO and MD of the company has notified the board at its meeting held on 2 May 2014 that he had tendered his resignation to HeidelbergCement Group," said HeidelbergCement.

Zuari Cement's ground breaking of a new port-side packing terminal in Kochi, Kerala is the latest Indian cement news story with an eye on the sea. The Italcementi subsidiary's terminal won't be open until 2015 but the move shows that Indian producers are starting to tackle industry over-capacity through shipping lanes.

The Italcementi subsidiary holds two integrated cement plants and a grinding plant in Andhra Padesh and Tamil Nadu, two of India's biggest cement-producing states. In 2013 Italcementi reported that cement consumption fell for the first time in 10 years. Although Italcementi's cement and clinker sales rose by 1.6% in India in 2013, its revenue fell by 14% to Euro214m. Profit indicators like earnings before interest, taxes, depreciation, and amortisation (EBITDA) also fell. Targeting Kerala, one of the country's smallest cement producing states (0.6Mt/yr in 2013), makes sense.

Zuari Cement isn't the only Indian cement producer with its eye on shipping or on Kerala. At the end of March 2014, Gujarat producer Sanghi Industries announced plans to invest US$25m in ships and sea terminals. It plans to acquire six vessels in the next five years. It is also in the process of setting up terminals at Navlakhi port in Gujarat and at Mumbai port in Maharashtra.

Sanghi has stated that its aims are to find new markets, reduce fuel costs and increase its distribution networks. In an interview with Alok Sanghi, the director of Sanghi Cement, for a forthcoming issue of Global Cement Magazine, Sanghi revealed that Kerala is one of the four markets the producer focuses on within India (alongside Gujarat, Rajasthan and Maharashtra).

Neighbouring Pakistan is no stranger to exporting its cement around the world. Frequent complaints from east and south African press and cement producers attest to this. However, this week's story about plans to build the country's first 'dirty cargo' terminal at Port Qasim, Karachi marks a change from the normal narrative.

According to a Pakistan cement producer who Global Cement interviewed earlier in 2014, coal is the most common fuel used to fire cement kilns following a shift from gas in recent years. Subsequently coal prices rose, leading to higher cement prices in the country. A new terminal with the capacity to handle 12Mt/yr of coal (growing to 20Mt/yr in a second phase of the build) could certainly help cut input prices for the industry.

The producer also mentioned that most of the coal that Pakistan currently uses is imported from Indonesia and South Africa. So, indirectly, the South African coal industry appears to be making money helping to make Pakistan cement that eventually arrives back in South Africa to undercut local cement producers! They say that market always finds a way. Ships certainly help.

India: Dalmia Bharat has appointed Mahendra Singhi as Group CEO for Cement. Singhi previously worked for Shree Cement as the Executive Director.

Currently, Singhi is the co-chair of the Cement Sustainability Initiative in India. He is also on the Board of Governors of the National Council for Cement & Building Materials (NCB), besides being a member of the Central Expert Technical Committee on the Cement Sector on PAT (Perform, Achieve and Trade) scheme of the Bureau of Energy Efficiency. Other positions held include tenure as president of the Rajasthan Cement Manufacturers Association and executive committee member of TERI BCSD. He was also leader of the Indian Cement Sector Task Force for Energy Conservation, constituted by the Bureau of Energy Efficiency, at the central ministry of power.

India: Holcim Group, which is under the process of restructuring its holdings in India, has appointed Bernard Terver as additional director on the board of ACC and Ambuja Cements with effect from 4 December 2013.

Terver graduated from Ecole Polytechnique, Paris, in 1976 and has worked in the cement industry for more than 35 years. He has been in the service of Holcim since 1994, holding senior positions including that of CEO of Holcim Colombia and Holcim US.

The board also re-appointed Kuldip Kaura as the CEO and MD for one year with effect from 1 January 2014.

India: UltraTech Cement has appointed Arun Adhikari as an Additional Independent Director on the Board with effect from 3 December 2013.

India: Shree Cement Ltd announced on 25 November 2013 that Shri Mahendra Singhi, Executive Director of the Company, had resigned with effect from 6 December 2013. No further details were made provided.