Global Cement News

Pakistan: Fecto Cement has appointed Hanif Idress as its chief financial officer. He succeeds Abdul Samad in the post. The cement producer operates the integrated Taxila plant near Islamabad.

Pakistan: Fauji Cement has appointed Anwar Ali Hyder as its chair. He succeeds Waqar Ahmed Malik in the post. The company operates four integrated cement plants in the country. It inaugurated its Shadan Lund cement plant in Dera Ghazi Khan in November 2023 bringing its total cement production capacity to 10.6Mt/yr.

US: Eagle Materials and Heidelberg Materials North America, through their joint venture Texas Lehigh Cement Company, will start up a new slag cement facility. The facility will be located in Houston, Texas and will start production in the summer of 2024. When completed, it will have a production capacity of 500,000t/yr. This is in addition to Texas Lehigh’s cement plant in Buda, Texas.

US/Austria: RHI Magnesita (RHIM) plans to acquire Resco Group for US$430m. The acquisition of Resco will add fireclay and pyrophyllite-andalusite mining operations in the US to its existing magnesite and dolomite operations across Europe, the US, Brazil and China. Furthermore, RHIM aims to transfer ‘significant’ production volumes from non-US plants to Resco's US facilities. The completion of the acquisition is anticipated in the second half of 2024.

Philippines: Cemex Philippines has launched a new 1500m² warehouse in Barangay Pangao West, Batangas, to improve its supply chain capabilities and meet the growing demand for construction materials in the region. This opening coincides with the Philippine national government's allocation of US$17.7bn for infrastructure development in 2024. The facility will support major development projects in Batangas, Quezon, and provide nearby provinces with cement. The Ibaan Warehouse operates 24 hours a day, providing staging areas for the loading and dispatch for cement products.

Luis Franco, president and CEO of Cemex Philippines, said "This warehouse is a great complement to our Luzon distribution network as it gives us a better position to address increasing cement demand in the market."