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Hemant Kumar Kadel appointed as Chief Financial Officer at Grasim Industries
Written by Global Cement staff
28 May 2025
India: Grasim Industries has appointed Hemant Kumar Kadel as its Chief Financial Officer. He will start the role on 15 August 2025. He succeeds Pavan Kumar Jain.
Kadel, aged 56 years, originally joined Aditya Birla Group in 1991 as a management trainee. He has worked across multiple businesses in the group, including Aditya Birla Nuvo, Birla White and Grasim CFD. Notable work in the cement sector includes expanding and restructuring the group’s white cement business. He currently heads the Corporate Taxation Function for Grasim Industries, where he oversees taxation, internal audit, risk management and mergers and acquisitions. Kadel is a commerce graduate from the University of Rajasthan with further qualifications from the London Business School, the Wharton School of Business at the University of Pennsylvania, ICFAI University and IIM Ahmedabad.
Türkiye’s cement exports increase in 2025 28 May 2025
Türkiye: Cement exports rose by 1% year-on-year to US$1.4bn during the first four months of 2025, according to the Turkish Ministry of Trade. In April 2025, exports totalled US$389m, up by 16% compared to March 2024. Over the 12-month period to April 2025, cement exports reached US$4.32bn.
Cement exports to Kyrgyzstan fell by 78% year-on-year to US$123,050 in April 2025. In the first four months of 2025, cement exports to Kyrgyzstan dropped by 31% year-on-year to US$927,096.
Ghana: Cement manufacturers have failed to comply with a Cement Manufacturing Development Committee (CMDC) directive to declare ex-factory prices for 50kg cement bags by 23 May 2025, in line with the Ghana Standards Authority Legislative Instrument 2491, which mandates the reporting of prices every month.
CMDC chair Alex Dodoo confirmed on 27 May 2025 that no firm had complied and said the committee would hold an emergency meeting to consider sanctions. “The law is clear, and we will not hesitate to apply the necessary penalties,” he said.
US: Fortera has achieved ISO 9001:2015 certification for its ReCarb Plant in Redding, California, which produces 15,000t/yr of ReAct low-carbon cement. The international certification establishes protocols for quality management systems and ensures delivery of products and services that meet regulatory requirements. Fortera said that the certification process involved months of internal audits, documentation of operating procedures and responding to third party feedback.
India: India Cements has successfully completed a de-bottlenecking initiative at its Banswara cement plant in Rajasthan, increasing its production capacity by 0.3Mt/yr. The company’s cement manufacturing capacity now stands at 14.75Mt/yr.