People

China: Li Quanhua has resigned as the vice president of Huaxin Cement due to personal reasons. His letter of resignation was submitted on 18 June 2016 and has immediate effect. The board of directors have expressed their thanks to Li Quanhua for his contribution to the company.

Germany: Stefan Puntke has become the managing director of Refratechnik Cement, replacing Wolfgang Tabbert. Puntke’s previous role has been taken by Christian Meyre, effective from 1 June 2016. The announcement was made at the 14th REFRA-Kolloquium held on 31 May to 3 June 2016 in Berlin.

Tabbert has worked for the company for more than 30 years, five of them as sales manager and 13 years as managing director. He will continue to act as consultant for Refratechnik Cement for a period to ensure a smooth transfer of responsibilities.

Meyre holds management experience in the international cement industry, particularly in North America.

Mexico: Corporacion Moctezuma has announced that Fabrizio Donega will become its new general director from 3 October 2016. Donega will replace Pedro Carranza Andresen, who is due to retire after 10 years working for the corporation. Corporacion Moctezuma was formed in 1982 from the merger of Cementos Moctezuma and Concretos Moctezuma.

India: Parth Jindal has been appointed as Managing Director of JSW Cement. He will assume the position in July 2016 and will be assisted by Anil Kumar Pillai as CEO, according the Business Line.

Jindal is the son of Sjjan Jindal, the chairman of JSW Group. The 25-year old has worked previous as an Economic Analyst for JSW Steel amongst other positions in the group. He is also the chief executive of the group's sport company, which owns Bangalore Football Club.

India: Sarat Kumar Jain, vice chairman of Jaiprakash Associates, has resigned from the group with immediate effect. Jain had been associated with the Jaypee Group for over 50 years. The firm said in a statement that the 78 year old had cited health reasons as his reason to resign.