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Saud Suliman Al Juhani appointed as chairman of Tabuk Cement
Written by Global Cement staff
17 April 2019
Saudi Arabia: Tabuk Cement has appointed Saud Suliman Al Juhani as its new chairman. It follows the resignation of Saeed Obaid, who has left the position due to other business commitments but will retain a seat on the board. Tareq Khalid Al Angari has also been appointed as the Vice Chairman. Both positions will last until 25 January 2020.
US Concrete appoints Ronnie Pruitt as president and chief operating officer
Written by Global Cement staff
17 April 2019
US: US Concrete has appointed Ronnie Pruitt as its president and chief operating officer. Pruitt will continue to report to chairman and chief executive officer (CEO) William J Sandbrook and, in this expanded role, will take over many corporate functions that support the company's operational business units.
Pruitt, aged 48 years, has been with US Concrete since 2015 and has over 25 years of industry experience. Prior to joining US Concrete, he served as Vice President of Martin Marietta Materials and as Vice President of Cement Production and Vice President of Sales and Marketing of Texas Industries (TXI).
Michael Lambert appointed to the management board of Vecoplan
Written by Global Cement staff
17 April 2019
Germany: Michael Lambert has been appointed to the management board of Vecoplan. He has been responsible for the company’s commercial operations since 2014 and is the manager of its European subsidiaries. In this capacity he supports Werner Berens, who has been chief executive officer (CEO) of Vecoplan since 2012 and is in charge of Vecoplan’s divisions and supply chain activities.
Lambert, aged 40 years, has a degree in business administration and has held a number of management positions. In 2008 he assumed the post of commercial director in the Saar-Gummi Group and he became manager of the group’s non-automotive business in 2011. In January 2014 Lambert went to Vecoplan, where he was appointed chief financial officer (CFO).
True North buys majority stake in Shree Digvijay 17 April 2019
India: Private equity company True North has purchased a 54% stake in Shree Digvijay for a reported US$17m from Brazil’s Votorantim Cementos. Other companies bought the rest of Votorantim’s 75% share in the business, according to Bloomberg. True North signed a deal to buy the cement producer in late 2018. Shree Digvijay operates an integrated cement plant at Jamnagr in Gujarat.
Pakistan: Maple Leaf Cement has commissioned a new 7300t/day production line at its Iskanderabad plant. The upgrade will increase the unit’s total production to 18,000t/day. The line was supplied by Denmark’s FLSmidth. The total cost of the project was US$184m. Commercial production on the new line is scheduled to start in late April 2019.