Malaysia: Isaac Lugun and Goh Chii Bing have taken their new roles at Cahya Mata Sarawak (CMS) as Group Chief Executive Officer – Corporate and Group Chief Executive Officer – Operations respectively. They replace Richard Curtis who retired as Group Managing Director at the end of December 2017. Curtis will remain at the cement producer as a Non-Executive Director until the end of 2018.

US: Kent Webber has started his new role as president for Monarch Cement. He was appointed to the role in December 2017 following the resignation of Walter H Wulf, according to the Wichita Business Journal. Webber has worked for Monarch Cement since 2013, first as its subsidiary operations manager and then its executive vice president. Wulf will continue in his role as chairman of the board and as a director.

France: Patrick Debavelaere has been appointed as the director of LafargeHoclim’s Val d'Azergues cement plant near Lyon. He suceeds Thomas de Charrette who has been in post for six years, according to Le Pays Roannais newspaper. Debavelaere, aged 43 years, had been working as an industrial director for Lafarge France’s aggregate business. Prior to this he was the production manager at the Martres cement plant.

Ireland: Ernst Bärtschi has retired from the board of CRH. He was appointed to the board of directors in 2011. A Swiss national he was previously the chief executive officer of Sika and had worked for Schindler Group.

Denmark: FLSmidth has appointed Jan Kjaersgaard as a new Group Executive Vice President, Product Companies Division, and a member of Group Executive Management. Kjaersgaard, aged 51 years and a Danish citizen, will take up the position as head of Product Companies Division on 1 March 2018.

Kjaersgaard holds a Master of Business Administration from Aalborg University and comes from Bladt Industries where he currently serves as chief executive officer (CEO). His previous postings include various senior positions at Siemens Wind Power.

US: Ametek Brookfield has appointed Joseph Plante as Division Vice President and Business Unit Manager. He will have responsibility for managing the day-to-day operations while continuing to promote growth, customer satisfaction and innovation at Ametek Brookfield.

Plante holds a Bachelor of Science in Electrical Engineering from UMass Amherst, a Master of Science in Biomedical Engineering from Worcester Polytechnic Institute, and a Master of Business Administration from Babson College. Most recently, he was president of Diba Industries, a subsidiary of Halma.

Ametek Brookfield manufactures tools for viscosity measurement and control of liquids and semi-solids.

Germany: Wieland Hopfe has left Fritsch Milling and Sizing after 25 years with the company. He originally joined Fritsch in 1992 and helped the firm establish its distribution network in the former East Germany. Most recently he was working as an application specialist for Fritsch. The company is a manufacturer of application-oriented laboratory instruments for sample preparation and particle sizing.

Italy: HeidelbergCement’s subsidiary Italcementi has completed its acquisition of Cementir Italia following approval by the Italian competition authority. The competition body gave clearance to the acquisition in November 2017 subject to certain conditions, including the divestment of some plants. Italcementi will reveal which units it intends to sell by mid-2018. The acquisition cost Euro315m.

“For Italcementi, the acquisition is a unique opportunity to grow and consolidate its position in the Italian market. We see strong recovery potential in Southern Europe and especially in Italy over the coming years. With this acquisition we are very well positioned to create value through synergies, efficient processes, and the offer of high-quality and innovative products,” said Bernd Scheifele, Chairman of the Managing Board of HeidelbergCement.

Italcementi and Cementir Holding entered into an agreement to buy Cementir Italia, and its subsidies Cementir Sacci and Betontir, in mid-September 2017. Cementir Italia’s business includes five integrated cement plants and two cement grinding units with a total cement capacity of 5.5Mt/yr, as well as a network of terminals and concrete plants, all operating in Italy. Minimum annual run-rate cost synergies of Euro25m are expected to be achieved by 2020.

US: HeidelbergCement expects its profit to be negatively effected in 2017 following reforms to the US tax system. Following a change in the rules from 22 December 2017 the federal corporate tax rate has been reduced from 35% to 21% from the start of 2018. In addition, the regulations regarding the utilization of loss carryforwards were changed. This has affected deferred tax assets on losses and interest carried-forwards that are expected to reduce the group’s balance sheet by Euro200m in its annual report.

However, the company still expects a ‘significant’ increase of 2017 group share of profit before one-time effects. In addition in 2019 the major reduction of the effective tax rate in the US is anticipated to have a positive effect on group net profit and cashflow.

Namibia/China: Sinoma Energy Conservation has signed a contract with China’s Asia-Africa Business Management (AABM) to build a 4.5MW waste heat power plant. The power unit will support a 2500t/day cement production plant that AABM and local company Whale Rock Cement plan to build as a joint venture. The cement plant project was first announced in 2015.