Global Cement News

US: Testing technology supplier Forney has named Jennifer Galligane as its new Product Development Manager, with the task of ‘driving the company's technological and commercial advances.’ Galligane will be responsible for overseeing the Forney Software as a Service (SaaS) team, driving Forney SaaS technology advancements and ensuring strategic alignment of customer needs with the SaaS roadmap, leading the overall delivery process and collaborating with customers, sales and marketing, and engineering.

Galligane has 25 years of software industry experience and extensive knowledge of SaaS and eCommerce product development. Prior to joining Forney, she was Law firm Fragomen’s technical delivery senior manager, having previously held product management, eCommerce and engineering positions with a variety of companies, including Westinghouse Electric Co., Smith Micro Software, Coventry Health Care and Highmark Health. Galligane has a computer science degree and an information science master’s degree from the University of Pittsburgh.

Forney’s CEO Jeff Dziki said "With ForneyVault technology now in five countries and more than 100 labs, Jennifer will help us meet market demands and seize opportunities to continue to grow." He added "Jennifer's experience as a product management leader at a number of companies, large and small, will be extremely important for advancing ForneyVault products."

Germany: US-based separation company Eriez has appointed Eric Adams as Managing Director of its newly established Germany-based subsidiary Eriez Deutschland. The new role will see Adams working to increase Eriez’ presence throughout central Europe. He will report to Eriez’s Vice President - International Jaisen Kohmuench.

Adams has three decades of experience in technical sales of capital equipment prior to joining Eriez as a sales. He previously worked for Germany-based Fördertechnik, Noell Service und Maschinentechnik and Herrenknecht, before joining Steinert Elektromagnetbau as general sales manager.

Eriez CEO and president Lukas Guenthardt said “Eric has been working closely with our executive team at Eriez-Europe to craft and execute a comprehensive business plan that addresses the needs of the German market.” He added “We recognise that this area of Europe is far too important to properly serve via an independent agent or distributor and therefore requires a direct and constant presence in the form of Eriez Deutschland, guided by the strong leadership of Eric.”

Colombia: Grupo Argos subsidiary Cementos Argos recorded consolidated sales of US$1.30bn in the first half of 2021, up by 11% year-on-year from US$1.17bn in the first half of 2020. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 30% to US$267m from US$205m. Cement shipments were 8.60Mt, also up by 30%, from 6.62Mt. The company said its performance was ‘solid’ in every region in which it operates. The sharpest sales increase was in Colombia, where sales rose by 38% to US$314m from US$228m and cement shipments rose by 40%. It continued to execute its BEST efficiency programme and RESET plan for a sustainable restart post-Covid-19 pandemic. Additional challenges included 40 days of roadblocks in Colombia and political and a period of social instability in Haiti.

Cementos Argos’ CEO Juan Esteban Calle said “We are very satisfied with the figures achieved during the first half of the year in our three regions, and we are optimistic about the future for our customers, the progress of their housing and infrastructure projects, which are contributing significantly to employment recovery, as well as the levels of economic activity and the creation of social value in all the countries and markets where we are present, and with the noteworthy recovery of the company's financial flexibility in recent months, which is thanks to the commitment, creativity, passion and innovation of all our employees and to the success in the deployment of the BEST and RESET programmes.”

He added “Our strategy of creating social value is at the centre of the corporate strategy and in our higher purpose, and today, we are reassuring our commitment to contribute to the reactivation of the economy and to closing equality gaps. During the first half of 2021, we continued investing in the expansion of Cartagena Port, which generates additional employment and brings great social investment to the area. Additionally, we are making progress in initiatives such as Casa para Mi and Hogares Saludables that will allow us to contribute to the dreams of having decent housing for thousands of people in the country.”

Brazil: Votorantim Cimentos recorded consolidated sales of US$1.89m in the first half of 2021, up by 48% year-on-year from US$1.28m in the first half of 2020. Its cement revenues rose by 57% to US$1.35bn from US$859m. The group recorded earnings before interest, taxation, depreciation and amortisation (EBITDA) growth of 56%, to US$1.04bn from US$667m.

During the half, the group began the consolidation of its Uruguay-based Artigas’ cement operations at its Minas, Lavalleja, cement plant at a total investment cost of US$40.0m. It also agreed to acquired Cementos Balboa on 24 June 2021. In March 2021, the group issued sustainability-linked debentures, the first of their kind in the Brazilian market.

Thailand: Siam Cement Group (SCG) recorded first-half consolidated sales of US$7.66bn in 2021, up by 27% year-on-year from US$6.05bn in the first half of 2020. The group’s profit for the period more than doubled to US$1.16bn from US$500m. This was despite a 21% rise in its cost of sale to US$5.79bn from US$4.79bn. The company ends the period with total current liabilities of US$5.38bn, up by 11% half-on-half from US$4.84bn at 31 December 2021.