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Lyndon Flower appointed as Business Development Manager by Vortex
Written by Global Cement staff
24 January 2018
US: Vortex has appointed Lyndon Flower as a Business Development Manager for its USA & Canada division. His focus will be on working with manufacturers’ representatives, regional and territory sales managers, and industry specialists to further expand the sales of Vortex products in the dry bulk material handling industry. Previously, Flower served as vice president and general manager at A&J Mixing International for 18 years until the company was acquired by Smico in 2015. Since then, he has been focused on sales and marketing efforts for the A&J Mixing line.
Tetsuya Horimoto appointed as managing director of new Schmersal subsidiary in Japan
Written by Global Cement staff
24 January 2018
Japan: Tetsuya Horimoto has been appointed as the managing director of Schmersal Group’s new subsidiary in Japan, Schmersal Japan. He succeeds Tekashi Kabe who ran the group’s sales office in Tokyo. Horimoto is an electronic engineer with management experience at companies in the automation sector. He is also a TÜV-certified Functional Safety Engineer. The company, which operates switchgear and control device products, will continue operating out of its Tokyo office.
SCG Cement sees sales growth in 2017 despite sluggish market 24 January 2018
Thailand: SCG Cement’s sales revenue rose by 3% year-on-year to US$5.5bn in 2017. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 6% to US$705m. The cement producer reported that overall domestic Ordinary Portland Cement demand fell by 5% in 2017 due to a slow recovery in the private sector. Total domestic consumption of cement was around 37.5Mt 2017 and exports rose to 4Mt from 3.7Mt in 2016.
Thanh Thang Cement spending US$35m on third production line 24 January 2018
Vietnam: Thanh Thang Cement is spending US$35m to towards developing a third production line at its cement plant in Thanh Nghi, Ha Nam. The government has agreed the investment at the 2.3Mt/yr unit over the 2021 – 2025 period, according to the Đầu tư newspaper. A second production line at the site was inaugurated in July 2017.
ACC says that petcoke import ban will raise cement prices 24 January 2018
India: Neeraj Akhoury, the managing director and chief executive officer of ACC Cement, says that a ban on imported petcoke to the National Capital Region will increase the cost of cement. Akhoury told the Business Standard newspaper that the cement producer would be able to cope with the restriction through the use of alternative fuels. The Environment Ministry put the ban into effect on 19 January 2018 to control air pollution. This follows a relaxation of a temporary ban on petcoke in December 2017 by the Supreme Court to the cement industry.