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08 July 2020

Sunny Gaur resigns as managing director of Jaiprakash Associates

Written by Global Cement staff

India: Sunny Gaur has resigned as the managing director of Jaiprakash Associates due to personal reasons. The conglomerate operates its cement plants in a cluster around Satna in Madhya Pradesh. In 2017 it sold six integrated cement plants and five grinding plants to UltraTech Cement for US$2.5bn in order to reduce its debts.

Published in People
Tagged under
  • India
  • Jaiprakash Associates
  • GCW463
08 July 2020

New chief executive director and chairman for Dongwu Cement

Written by Global Cement staff

China: Dongwu Cement has appointed Liu Dong as chairman and Wu Junxian as chief executive officer (CEO) following the resignations of Xie Yingxia and Jin Chungen for personal and retirement reasons respectively.

Liu, aged 51 years, has been an executive director of Dongwu Cement since mid-2019. Since leaving university he worked as a diplomat for the Chinese government and the United Nations. From 2005 he has held a number of senior positions at companies including Orient Holdings Group, Huilitong Industry, Sunshine Oilsands, Orient International Resources Group, Global Mining and Sino-Sindh Resources. He holds over ten years’ experience in capital market and investor relationship sectors in Hong Kong and has a Master of Philosophy from the University of Cambridge.

Wu, aged 39 years, is an executive director of Dongwu Cement and the general manager of Suzhou Dongwu Cement. He joined the group in 2009, and has held various positions in Suzhou Dongwu such as assistant to general manager and deputy general manager. He became general manager of Suzhou Dongwu in 2013. Previously, Wu worked for Orient Holdings and Shanghai Keli Communications Technology. He holds a bachelor degree in management administration from Nanjing Audit University.

Published in People
Tagged under
  • China
  • Dongwu Cement
  • GCW463
08 July 2020

UltraTech Cement to sell Chinese business for US$120m

China/India: UltraTech Cement has agreed to sell its majority stake in Shandong Binani Rongan Cement for around US$120m. As part of the deal its subsidiaries Krishna Holdings and Nathdwara Cement will both divest their shareholdings in the company. UltraTech Cement picked up the 3Mt/yr plant in 2018 as part of its acquisition of Binani Cement in 2018. The buyer has not been named.

Published in Global Cement News
Tagged under
  • China
  • India
  • UltraTech Cement
  • Binani Cement
  • Divestments
  • Plant
  • Shandong Binani Rongan Cement
  • GCW463
08 July 2020

Akhangarantsement installs ThyssenKrupp raw materials grinding plant at 5Mt/yr Tashkent plant site

Uzbekistan: Akhangarantsement says that it has installed a ThyssenKrupp raw materials grinding unit at the site of an upcoming 5Mt/yr integrated cement plant in Tashkent Region. The equipment consists of a jaw crusher for primary crushing and a hammer mill for secondary crushing. The company said that the upcoming plant will “provide the market with a line of high-quality products for the construction of housing, industrial and infrastructure facilities.”

Published in Global Cement News
Tagged under
  • Uzbekistan
  • Akhangarancement
  • Plant
  • Mill
  • Raw Materials
  • ThyssenKrupp
  • Germany
  • GCW463
08 July 2020

Gebr. Pfeiffer provides update on modular mill for Petra Cement plant in the Philippines

Philippines: Germany-based Gebr. Pfeiffer says a ready2grind system it supplied to Petra Cement started in early December 2019. The clinker grinding mill is operational at a grinding plant on the Zamboanga Peninsula in Mindanao. No value for the order has been disclosed. Petra Cement’s sister company , Big Boss Cement, has also ordered a modular mill system from Gebr. Pfeiffer.

Published in Global Cement News
Tagged under
  • Philippines
  • Gebr Pfeiffer
  • Order
  • Grinding mill
  • Germany
  • grinding plant
  • Petra Cement
  • Big Boss Cement
  • GCW463
08 July 2020

LafargeHolcim France launches new low-carbon Galaxim Planet cement product

France: LafargeHolcim France says that it has “responded to the demand for low-carbon concretes” with the launch of a CEM-II Portland limestone cement product with 25% lower carbon dioxide (CO2) emissions than Ordinary Portland Cements (OPC) in its Galaxim Planet range. The new addition to the range, of which LafargeHolcim plans to produce 100,000t by 31 December 2020, contains 35% limestone, up by 23% from 12% in ordinary Portland limestone cement.

LafargeHolcim France south region cement sales director Olivier Mespouilles said, “Our goal is to offer all builders a cement offering properties equivalent to a conventional cement with the advantage of a reduced carbon footprint. This tour de force was successful thanks to the involvement of all our teams, and we are the first player in France to offer this type of limestone cement in such a volume." The cement is due to enter the market in the Languedoc-Roussillon region. From 2021 the company hopes to supply 80% of customers there with the low-carbon cement.

Published in Global Cement News
Tagged under
  • France
  • LafargeHolcim France
  • LafargeHolcim
  • Product
  • low carbon cement
  • Sustainability
  • GCW463
08 July 2020

Kavkazcement launches CEM-II Portland limestone cement product

Russia: Eurocement subsidiary Kavkazcement has announced the launch of a new CEM-II Portland limestone cement product. The company says that the cement has a wide range of applications, from “general purpose structures to objects operating under aggressive environmental conditions: concrete and reinforced concrete structures, monolithic structures, massive foundations and indoor structures, as well as in screeds, plaster mortars and dry building mixes.” Kavkazcement general director Nikolai Muradov said, “The use of cements with mineral additives provides a high-quality concrete surface; in finished products, the risk of efflorescence, cracking and other defects is reduced.” Customers can purchase the product in 50kg or 1t bags.

Published in Global Cement News
Tagged under
  • Russia
  • Eurocement
  • Plant
  • Product
  • Kavkazcement
  • GCW463
08 July 2020

Cemex invests in Arqlite

US: Mexico-based Cemex has announced its investment in Arqlite, a producer of aggregates from waste plastic. Arqlite won the Cemex Ventures Global Construction Startup Competition in 2019. Other investors in the company, which began its research and development process in Argentina in 2016, include Kamay Ventures and Chris Graff.

The Cemex Ventures Global Construction Startup Competition 2020 remains open to applicants until 26 July 2020.

Published in Global Cement News
Tagged under
  • US
  • Cemex
  • Arqlite
  • Cemex Ventures
  • startup
  • Aggregates
  • Competition
  • GCW463
08 July 2020

Loesche becomes IEA Clean Coal Centre knowledge partner

UK: Germany-based Loesche has joined a network of expert companies that “share relevant information and results regarding the reduction of environmental impact and the use of coal and enhanced energy security globally” in becoming an IEA Clean Coal Centre knowledge partner. The company said, “We are excited to be part of this renowned group of companies that aim to improve the environmental impact by use of green technologies, renewable resources, and alternative use of energy sources for more sustainable engineering projects.”

Published in Global Cement News
Tagged under
  • UK
  • Germany
  • Loesche
  • IEA Clean Coal Centre
  • Coal
  • Research
  • GCW463
07 July 2020

HeidelbergCement’s asset portfolio revalued

Germany: Following a comprehensive review of its assets HeidelbergCement has announced a Euro3.4bn impairment to its company value compared to the figure from a precious valuation prior to the second quarter of 2020. The company gave the reasons for the impairment as: the demand impacts of the coronavirus pandemic; economic effects on operations in individual countries; notably in the UK post-Brexit; and an increase in the market risk premium used by the Institut für Wirtschaftsprüfer (German public auditing body) for valuation to 7% from 6%. The largest regional impairment was Euro2.7bn, in Western and Southern Europe. Euro2.3bn of the total impairment, “relates to the Hanson acquisition” by HeidelbergCement in 2007.

Published in Global Cement News
Tagged under
  • Germany
  • HeidelbergCement
  • Assets
  • corporate
  • Hanson
  • UK
  • Brexit
  • coronavirus
  • GCW463
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