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UltraTech Cement appoints Atul Daga as Chief Financial Officer
Written by Global Cement staff
22 October 2014
India: UltraTech Cement has appointed Atul Daga as Chief Financial Officer of the company in place of KC Birla with effect from 1 December 2014. The decision was made at a board of directors meeting on 18 October 2014. The term of appointment of the managing director OP Puranmalka was extended for a period of one year until 31 March 2016.
Angola quietly builds up the pace in cement production
Written by David Perilli, Global Cement
15 October 2014
Angola made similar noises to Nigeria this week when one of its government ministers declared that the country was self-sufficient in terms of cement production. The comments came from Industry minister Bernarda Martins at a visit by the Angolan president to the China International Fund Luanda Cement plant. Martins' words echoed those made by Joseph Makoju, Chairman of the Cement Manufacturing Association of Nigeria, who declared that his country was making more cement than it consumed back in 2012.
Claims of self-sufficiency are all about context. A major or fast growing economy such as Nigeria declaring self-sufficiency in cement could suggest a potential paradigm shift. A smaller economy might simply have risen from a low production base to a slightly higher one with little consequence. So what does this mean for Angola?
The southern African country has a population far smaller than Nigeria at 19 million. Yet, its gross domestic product (GDP) per capita, in purchasing power parity terms, was estimated to be US$6484 in 2014 by the International Monetary Fund, a figure slightly higher than Nigeria's. In nominal terms its GDP was the fifth biggest in Africa in 2013.
Global Cement Directory 2015 research (to be published in late 2014) gives Angola's four integrated cement plants with a total cement production capacity of just under 6Mt/yr. The plant the politicians have just visited has reportedly just increased its clinker capacity to 3.6Mt/yr and another 0.6Mt/yr capacity is planned to join the market when an InterCement plant expands in 2017. Together this places the country's production at around 8Mt/yr. Domestic cement demand was placed at 6.5Mt/yr in early 2014 giving the country a cement consumption of just under 350kg/capita.
Transnational African bank Ecobank declared than Angola was becoming Central Africa's cement production hub in a commodities report in July 2014. Out of the sub-Saharan countries it has become the fourth largest producer after Nigeria, South Africa and Ethiopia and the third largest consumer after Nigeria and South Africa. Angola too has restricted cement imports, like Nigeria. In 2014 the Ministry of the Economy, Industry, Commerce and Construction implemented a stoppage on imports in a phased manner under the auspices of its local cement association, the Association of Industrial Cement of Angola.
Where Angola is different to Nigeria is in the composition of the companies that produce its cement. There is no large local presence to rival Nigeria's Dangote. The former colonial links are there with a plant operated by Brazil's InterCement, who inheritied it from Portuguese company Cimpor. Of the rest, Chinese and South Korean investors figure prominently.
Finally, it is also worth noting that Angola has none of the main sub-Saharan players present including Dangote, PPC or Lafarge Africa. Roughly half-way between the African cement powerhouses of Nigeria and South Africa and with a handy coastline, Angola deserves further attention.
Holcim appoints three new employees at Ste. Genenvieve plant
Written by Global Cement staff
15 October 2014
US: Holcim's Ste. Genevieve plant has appointed three employees to leadership positions. Corey Green was named area leader for Maintenance and Reliability, Rodney Forester accepted the position of operations leader and Houston Meyer was named as Raw Mill area leader.
Green, in his role as Maintenance and Reliability area leader, is responsible for operations and maintenance within the plant area. Green has 15 years of experience in equipment repairs. His previous six years were as a project manager with Roland Machinery Company, where he was responsible for the oversight of the maintenance contract with Holcim.
Forester, in his role as operations leader, will supervise shift personnel and control room operations that support optimisation of processes for efficient operations. Forester joined Holcim (US) in 2008 as a cement technician in the Maintenance and Reliability department and most recently worked in the control room on a temporary operations leader assignment. Forester holds an associate's degree in welding technology from Jefferson College.
Meyer will be responsible for operations and maintenance within the Raw Mill area. He joined the Ste. Genevieve team in 2011. His most recent role was as cement technician with the Raw Mill team. Prior to joining Holcim, Houston was employed at Alberici Constructors for six years.
Patrick Bass to become CEO of ThyssenKrupp North America
Written by Global Cement staff
15 October 2014
US: Torsten Gessner has stepped down as CEO of ThyssenKrupp North America as of 10 October 2014. Patrick Bass, currently senior vice president Product Lifecycle Management/Research and Development at the ThyssenKrupp Elevator headquarter in Germany will become CEO of ThyssenKrupp North America as of 1 January 2015. Kevin Backus, Senior Vice President and General Counsel at ThyssenKrupp North America will be responsible for the regional headquarter on an interim basis.
Patrick Bass started his career at ThyssenKrupp with ThyssenKrupp Elevator Corp., Horn Lake, US as a Mechanical Engineer in 1999. He served in various positions in the Elevator organisation where he took over the position of Executive Vice President of Research and Development before he changed to ThyssenKrupp's Elevator headquarter in Essen, Germany and took over the position of Senior Vice President Product/Research and Development in 2012.
Torsten Gessner started his career as Chief Operating Officer at ThyssenKrupp CENE in 2005. In 2009 he became CEO of ThyssenKrupp's global Business Unit for Escalators and Passenger Boarding Bridges, headquartered in Germany. In 2012 Torsten Gessner moved to the USA to assume responsibility as CEO for the implementation of ThyssenKrupp's first regional organisation in North America headquartered in Chicago.
With a turnover of Euro8.3bn in the 2012 - 2013 financial year and 20,000 employees, North America is the biggest and most important foreign market of the Essen-based industrial and engineering group.
UltraTech appoints two new additional directors
Written by Global Cement staff
14 October 2014
India: UltraTech Cement Limited has appointed Sukanya Kripalu and Renuka Ramnath as additional independent directors with effect from 11 October 2014.