Displaying items by tag: marketing
Dangote Cement launches US$77,000 prize campaign
06 July 2022Nigeria: Dangote Cement has launched a promotional prize campaign worth a total US$76,700. The campaign consists of rewards of up to US$11,870, alongside other prizes for customers. The Sun newspaper has reported that the promotion will run until 31 October 2021.
Dangote Cement's Nigeria sales director Sanni Funmi said that the campaign is the producer's way of saying 'Thank You' to Nigerians.
Fauji Cement’s sustainability initiatives slash 215,000t of CO2 emissions in 2022 financial year
20 June 2022Pakistan: Fauji Cement says that its sustainability initiatives across its three cement plants reduced CO2 emissions by 215,000t in the 2022 financial year. The Pakistan Today newspaper has reported that clinker factor reduction in reduced-CO2 products such as Askari Green cement and Pamir cement eliminated 89,900t-worth of emissions, 42% of total reductions. Waste heat recovery (WHR) plants eliminated 79,400t of emissions (37%), solar power plants eliminated 31,500t (15%), alternative fuel (AF) substitution eliminated 8030t (3.5%) and reforestation eliminated 600t (2.5%).
Argentina: Holcim Argentina has published its 10th Sustainable Development Report, detailing its sustainability progress in 2021. That year, it reduced its CO2 emissions per tonne of cementitious material by 4.2% compared to 2017, to 505kg/t from 527kg/t. It sourced 43% of all electricity used in its operations renewably and achieved 8.4% alternative fuel (AF) substitution in its cement production. During the year, Holcim implemented ECO-labels to designate products with at least 30% CO2 emissions reduction.
Holcim Argentina’s CEO Christian Dedeu said “This decade of reports demonstrates our strong commitment to sustainability and governance that considers economic, social and environmental impacts. The conviction of the importance of reviewing performance and being accountable for our impacts made it possible.”
Australia: James Hardie recorded sales of US$3.61bn in its 2022 financial year, up by 24% year-on-year from US$2.91bn in its 2021 financial year. The group’s North American fibre cement sales rose by 25% to US$2.55bn from US$2.04bn. Its Asia Pacific fibre cement sales rose by 22% to US$545m from US$446m, while its Europe building products sales rose by 20% to US$421m from US$351m.
Interim chief executive officer Harold Wiens said, “I am delighted to report that the James Hardie team has continued to deliver strong execution of our global strategy. This is reflected in strong price/mix growth in all three regions, including North America price/mix growth of 12%, Asia Pacific price/mix growth of 11% and Europe price/mix growth of 14%. The global team’s success in delivering high value products is the result of: one - enabling our customers to make more money by selling more James Hardie products; and two - marketing directly to the homeowners to create demand for our high value products through our customers.”
The group reaffirmed its 2023 financial year adjusted net income guidance range of US$740 - 820m.
Shree Global to acquire remaining 40% stake in Union Cement Norcem
17 February 2022UAE: Shree Global has agreed to acquire a further 40% stake in Union Cement Norcem for US$3.95m. The deal will increase Shree Global’s stake in the company to 100%. It is expected to complete the transaction by the end of June 2022. Union Cement Norcem markets and sells oil well cement, while Shree Global’s parent company, India-based Shree Cement, operates a 4.8Mt/yr cement plant at Ras Khaimah.
Holcim to acquire PRB Group
11 January 2022France: Holcim has entered into an agreement to acquire speciality building products supplier PRB Group. PRB Group produces coatings, insulations, adhesives and flooring systems. Holcim says that the company’s product range compliments its own and expands its reach in the high-growth repair and refurbishment market. PRB Group employs 700 people its five plants, 26 warehouses and its research and development centre. Its estimated net sales in 2022 are Euro340m.
Holcim chief executive officer Jan Jenisch said “We are off to a strong start to the new year, on our way to welcoming the PRB Group into the Holcim family. This is another exciting step in the expansion of solutions and products, advancing our Strategy 2025 – Accelerating Green Growth. I am highly impressed by the outstanding achievements of the Laurent family as well as by the expertise and passion of the entire PRB team. I look forward to warmly welcoming all employees into Holcim and to invest in our next era of growth together, with a continued focus on innovation, sustainability and branding.”
Denmark: Aalborg Portland Cement says that the market ‘warmly welcomed’ its new FUTURECEM calcined clay cement in 2021. The product has reached its sales expectations for the year and is now nearly sold out for 2022. The company says that its plan to ramp up FUTURECEM production to replace 50% of grey cement production at its Rørdal cement plant is on track.
Parent company Cementir Holding says that the success of FUTURECEM rests on four pillars, namely its suitability for intended applications, targeted communication, close dialogue with concrete producers and the entire value chain and strategic partnerships with leading construction clients. It said “The lesson learned is that the market needs thorough information about new products and its industrialisation to rely on and implement them in place of conventional products.” The group added that its experience in Denmark paves the way for limestone calcined clay technology rollouts in other markets in line with its sustainable roadmap towards 2030.
Sichuan Shuangma Cement to change name to Sichuan Hexie Shuangma
17 December 2021China: Sichuan Shuangma Cement’s board of directors voted in favour of a rebranding on 16 December 2021. In a filing to the Shenzhen Stock Exchange, the company stated that it will change its name to Sichuan Hexie Shuangma. The reason for the change is the producer’s diversification away from its original business of cement production into other industries, making the ‘Cement’ element less relevant than it had previously been. Hexie is Chinese for harmony.
Seven Rings Cement to supply cement for construction of Sylhet Osmani International Airport
05 October 2021Bangladesh: Seven Rings Cement has secured a contract for the supply of cement to the site of the upcoming Sylhet Osmani Internation Airport in Sylhet. Chief marketing officer Gautam Chatterjee signed the contract with Beijing Urban Construction Group on behalf of the company.
Seven Rings Cement is currently also supplying cement for the new Hazrat Shahjalal International Airport Terminal 3 in Dhaka.
BigBloc Construction partners with SCG International Corporation for building products marketing
21 September 2021India: SCG International Corporation has agreed to provide marketing services for BigBloc Construction’s autoclaved aerated concrete (AAC) panels and other building products. United News of India has reported that BigBloc Construction expects to benefit from the partnership through the creation of a business development foundation for its AAC panels. SCG International Corporation is a subsidiary of Thailand-based cement producer Siam Cement Group (SCG).
Chair Narayan Saboo said "We are absolutely elated to announce our inaugural joint collaboration with SCG with the purpose of entering newer markets and expanding ourselves with our diversified product lines. We are the leading manufacturer of AAC blocks in India, and AAC panels are a new age building material which will further enhance speed and quality of construction.” He added “We are fully capable to cater to more demand and hence we look forward to scaling up by further promoting our product basket. SCG is without a doubt the best partner for the purpose since it is one of the largest cement and building material companies in Thailand and Southeast Asia. We look forward to the success of this wonderful opportunity which is mutually beneficial for both of our businesses."