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11 August 2021

Forney appoints Jennifer Galligane as Product Development Manager

Written by Global Cement staff

US: Testing technology supplier Forney has named Jennifer Galligane as its new Product Development Manager, with the task of ‘driving the company's technological and commercial advances.’ Galligane will be responsible for overseeing the Forney Software as a Service (SaaS) team, driving Forney SaaS technology advancements and ensuring strategic alignment of customer needs with the SaaS roadmap, leading the overall delivery process and collaborating with customers, sales and marketing, and engineering.

Galligane has 25 years of software industry experience and extensive knowledge of SaaS and eCommerce product development. Prior to joining Forney, she was Law firm Fragomen’s technical delivery senior manager, having previously held product management, eCommerce and engineering positions with a variety of companies, including Westinghouse Electric Co., Smith Micro Software, Coventry Health Care and Highmark Health. Galligane has a computer science degree and an information science master’s degree from the University of Pittsburgh.

Forney’s CEO Jeff Dziki said "With ForneyVault technology now in five countries and more than 100 labs, Jennifer will help us meet market demands and seize opportunities to continue to grow." He added "Jennifer's experience as a product management leader at a number of companies, large and small, will be extremely important for advancing ForneyVault products."

Published in People
Tagged under
  • Forney
  • Appointment
  • US
  • software
  • GCW518
11 August 2021

Eric Adams becomes managing director of Eriez Deutschland

Written by Global Cement staff

Germany: US-based separation company Eriez has appointed Eric Adams as Managing Director of its newly established Germany-based subsidiary Eriez Deutschland. The new role will see Adams working to increase Eriez’ presence throughout central Europe. He will report to Eriez’s Vice President - International Jaisen Kohmuench.

Adams has three decades of experience in technical sales of capital equipment prior to joining Eriez as a sales. He previously worked for Germany-based Fördertechnik, Noell Service und Maschinentechnik and Herrenknecht, before joining Steinert Elektromagnetbau as general sales manager.

Eriez CEO and president Lukas Guenthardt said “Eric has been working closely with our executive team at Eriez-Europe to craft and execute a comprehensive business plan that addresses the needs of the German market.” He added “We recognise that this area of Europe is far too important to properly serve via an independent agent or distributor and therefore requires a direct and constant presence in the form of Eriez Deutschland, guided by the strong leadership of Eric.”

Published in People
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  • Eriez
  • Appointment
  • GCW518
  • Germany
11 August 2021

Cementos Argos increases sales and earnings in first half of 2021

Colombia: Grupo Argos subsidiary Cementos Argos recorded consolidated sales of US$1.30bn in the first half of 2021, up by 11% year-on-year from US$1.17bn in the first half of 2020. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 30% to US$267m from US$205m. Cement shipments were 8.60Mt, also up by 30%, from 6.62Mt. The company said its performance was ‘solid’ in every region in which it operates. The sharpest sales increase was in Colombia, where sales rose by 38% to US$314m from US$228m and cement shipments rose by 40%. It continued to execute its BEST efficiency programme and RESET plan for a sustainable restart post-Covid-19 pandemic. Additional challenges included 40 days of roadblocks in Colombia and political and a period of social instability in Haiti.

Cementos Argos’ CEO Juan Esteban Calle said “We are very satisfied with the figures achieved during the first half of the year in our three regions, and we are optimistic about the future for our customers, the progress of their housing and infrastructure projects, which are contributing significantly to employment recovery, as well as the levels of economic activity and the creation of social value in all the countries and markets where we are present, and with the noteworthy recovery of the company's financial flexibility in recent months, which is thanks to the commitment, creativity, passion and innovation of all our employees and to the success in the deployment of the BEST and RESET programmes.”

He added “Our strategy of creating social value is at the centre of the corporate strategy and in our higher purpose, and today, we are reassuring our commitment to contribute to the reactivation of the economy and to closing equality gaps. During the first half of 2021, we continued investing in the expansion of Cartagena Port, which generates additional employment and brings great social investment to the area. Additionally, we are making progress in initiatives such as Casa para Mi and Hogares Saludables that will allow us to contribute to the dreams of having decent housing for thousands of people in the country.”

Published in Global Cement News
Tagged under
  • Colombia
  • Cementos Argos
  • GCW518
  • Results
  • Profit
11 August 2021

Votorantim Cimentos’ first-half sales and earnings rise in 2021

Brazil: Votorantim Cimentos recorded consolidated sales of US$1.89m in the first half of 2021, up by 48% year-on-year from US$1.28m in the first half of 2020. Its cement revenues rose by 57% to US$1.35bn from US$859m. The group recorded earnings before interest, taxation, depreciation and amortisation (EBITDA) growth of 56%, to US$1.04bn from US$667m.

During the half, the group began the consolidation of its Uruguay-based Artigas’ cement operations at its Minas, Lavalleja, cement plant at a total investment cost of US$40.0m. It also agreed to acquired Cementos Balboa on 24 June 2021. In March 2021, the group issued sustainability-linked debentures, the first of their kind in the Brazilian market.

Published in Global Cement News
Tagged under
  • GCW518
  • Brazil
  • Votorantim Cimentos
  • Results
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  • Uruguay
11 August 2021

Siam Cement Group’s sales and profit rise in first half of 2021

Thailand: Siam Cement Group (SCG) recorded first-half consolidated sales of US$7.66bn in 2021, up by 27% year-on-year from US$6.05bn in the first half of 2020. The group’s profit for the period more than doubled to US$1.16bn from US$500m. This was despite a 21% rise in its cost of sale to US$5.79bn from US$4.79bn. The company ends the period with total current liabilities of US$5.38bn, up by 11% half-on-half from US$4.84bn at 31 December 2021.

Published in Global Cement News
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  • Thailand
  • Siam Cement
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11 August 2021

Belarusian cement exports increase in first half of 2021

Belarus: The Belarus Architecture and Construction Ministry recorded a 25% year-on-year increase in Belarus’ first-half cement exports in 2021. Business World Magazine News has reported that the value of cement exports in the period rose by 38%. The ministry said that challenges included the on-going coronavirus pandemic and restrictions, bad winter weather and anti-dumping measures in neighbouring Ukraine.

The state is working to enhance Belarusian cement producers’ presence across Eurasian Economic Union (EAEU) markets. This includes the establishment of a trading house with Kazakhstan to double the export of building materials to that country.

Published in Global Cement News
Tagged under
  • Belarus
  • GCW518
  • Export
  • Kazakhstan
  • Ukraine
11 August 2021

SLK Cement celebrates employees on Builders’ Day

Russia: SLK Cement has thanked its employees for their ‘conscientious work and professionalism’ through another challenging year on Builders’ Day, a public holiday for construction and cement sector workers, on 11 August 2021. AIF News has reported that the producer gave out 130 awards on the occasion. The governor and legislative assembly of Sverdlovsk Oblast joined the company in writing letters of gratitude to the workforce.

Published in Global Cement News
Tagged under
  • Russia
  • SLK Cement
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10 August 2021

Lucky Cement increases sales and profit in 2021 financial year

Pakistan: Lucky Cement’s consolidated sales in the 2021 financial year, which ended on 30 June 2021, were US$1.26bn. The figure corresponds to a rise of 67% year-on-year from US$752m in the 2020 financial year. Standalone cement sales rose by 31% to 9.96Mt – consisting of 7.56Mt of local sales and 2.41Mt of exports – from 7.60Mt in the 2020 financial year. The company more than doubled its consolidated profit after tax to US$171m from US$44.4m. Its cement segment’s profit after tax more than tripled to US$85.5m from US$20.3m, and all group companies were profitable.

Lucky Cement attributed the sales growth to increased capacity due to the commissioning of a new line at one of its cement plants in the second half of the 2020 financial year. During the 2021 financial year, the company commenced trial production at its new 1.2Mt/yr-capacity Samawah cement plant in Iraq. It overcame Covid-19-led disruptions to complete the trial in March 2021.

Published in Global Cement News
Tagged under
  • Pakistan
  • Lucky Cement
  • Results
  • Profit
  • Sales
  • Iraq
  • GCW518
10 August 2021

Saudi Cement’s sales rise as profit drops in first half of 2021

Saudi Arabia: Saudi Cement’s consolidated sales totalled US$207m in the first half of 2021, up by 3.9% year-on-year from US$199m in the first half of 2020. Its net profit for the period took an 8.2% drop to US$54.9m from US$59.8m.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Saudi Cement Co
  • Sales
  • Results
  • Profit
  • GCW518
10 August 2021

James Hardie records first-quarter sales growth in 2022 financial year and raises earnings forecast

Australia: James Hardie has raised its full-year earnings forecast for the 2022 financial year to US$550-590m from US$520-570m. The decision follows a year-on-year increase in consolidated sales of 35%, to US$843m from US$624m.

Published in Global Cement News
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  • Australia
  • James Hardie
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