Global Cement News

Argentina: Holcim Argentina has appointed Christian Dedeu as its new chief executive officer (CEO) from January 2020. He is the first Argentine national to hold the position, according to the Mercado magazine. Dedeu graduated in economics from the Universidad del Salvador and he holds a MBA from the Universidad Austral (IAE) in Buenos Aires. He worked for ExxonMobil for eight years before joining Holcim in 2007. At LafargeHolcim he has worked in Argentina and Costa Rica in a variety of commercial, marketing and retail roles. He has been the commercial director for Argentina since January 2019.

Germany: Martin Stillger has been appointed as the chairman of the executive board of ThyssenKrupp Materials Services. This follows the appointment of Klaus Keysberg, who has moved to the executive board of ThyssenKrupp where he is now responsible for the businesses of Steel Europe and Materials Services.

Stillger has held various leadership and management positions at ThyssenKrupp Materials Services since 2008, most recently as chief executive officer (CEO) of ThyssenKrupp Schulte and the Western Europe and Technical Services operating units. Prior to joining ThyssenKrupp, the qualified mechanical engineer spent 17 years with Barmag, including five years as Chief Sales Officer and five as CEO. He will be succeeded as CEO of ThyssenKrupp Schulte and the Western Europe operating unit by Detlef Schotten, currently CEO of the Eastern Europe and Asia/Pacific operating unit, in January 2020.

In addition, Ilse Henne has also been appointed as Chief Transformation Officer (CTO) with immediate effect to drive transformation and growth. Previously she became Chief Operating Officer (COO) in January 2019 and this role will no longer be filled. The finance and human resources directorates on the board of ThyssenKrupp Materials Services will remain unchanged. Daniel Wodera will continue as chief financial officer (CFO) and Markus Bistram as chief human resources officer (CHRO).

Saudi Arabia: In a report on 17 Saudi cement companies including itself, Yamama Cement recorded a year-on-year increase of 24% in sales volumes to 4.27Mt in November 2019 from 3.45Mt the previous November. The volume produced was 4.30Mt, up by 22% from 3.54Mt in November 2018. Mubasher has reported that the country has 1.22Mt of cement in inventory, 3.8% more than the 1.18Mt it held at the end of November 2018. Southern Province Cement Company (SPCC) led the month’s sales, with 0.61Mt.

Venezuela: Venezuelan Chamber of Construction (CVC) president Mauricio Brin has estimated a capacity utilisation of 12.5% - corresponding to a production of 1.5Mt of cement from an installed capacity of 12Mt/yr. Noticias Financieras has reported that, according to Brin, production, which was hampered by power shortages, was sufficient to meet the construction sector’s demand. “Public construction has stalled and private investment is restricted to limited office developments in state capitals,” said Brin. He estimated a contraction of 95% year-on-year in construction compared to 2018.

US: A fire was successfully fought at Lehigh Cement’s 0.8Mt/yr integrated Tehachapi plant near Bakersfield, California on 8 December 2019. The Bakersfield Californian has reported that there were no injuries and no cause of the fire has been identified. Access difficulties exacerbated by extreme weather conditions caused fire crews to make two additional assistance calls.