Global Cement News

New Zealand: Holcim New Zealand has appointed Michael Miller as its Executive General Manager. He succeeds Kevin Larcombe in the post, who moves to Holcim Australia as General Manager - NSW & ACT Concrete. Miller previously worked as the Chief Strategy Officer for AdBri in Australia and previously joined the company in 2007. He holds a degree in management and marketing from the University of South Australia.

Spain: The board of directors of Ciment Català has appointed Ana Salgado as the head director of the Catalan Cement Manufacturers Association. She succeeds Alejandro Josa in the post, who will continue working as the secretary of the board of directors.

Salgado previously worked as the Technical and Environmental Manager for Ciment Català. Before this she held the position of Environmental Engineer for Vescem and she has worked as researcher for the Institute of Environmental Assessment and Water Research. She holds a Ph.D in Environmental Engineering Technology from the Universitat Politècnica de Catalunya.

Philippines: DMCI Holdings has entered into negotiations to acquire Cemex Holdings Philippines, Reuters has reported, citing three sources ‘familiar with the matter.’ The sources expect the value of the transaction to exceed Cemex Holdings Philippines' current market capitalisation of US$375m. One source reportedly valued any future deal at an estimated US$714m.

Zimbabwe: Khayah Cement (formerly Lafarge Cement Zimbabwe) more than tripled its sales year-on-year to US$17.4m in the first half of 2023, from US$4.8m in the first half of 2022. During the year, the producer more than doubled its cement volumes, after repairing a collapsed mill roof and commissioning of a new vertical roller mill at its Manresa cement plant. Nonetheless, its loss grew by a factor of six to US$46.2m from US$7.2m.

Khayah Cement began making foreign currency sales, which accounted for 89% of first-half sales, in 2023. The company previously postponed the publication of its results for the half year following delays in finalising external audits.

Greece: Titan Cement Group has appeared on carbon disclosure organisation CDP's A List for corporate transparency and climate impact mitigation. The company achieved an A- for water security. Titan Cement Group says that the recognition aligns with its 2026 Green Growth strategy.

Titan Cement Group reduced its CO₂ emissions by 10% between 2020 and 2023. In 2023, it commenced construction of the 1.9Mt/yr IFESTOS carbon capture and storage project.