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Sumnesh Khandelwal resigns as Deputy Chief Financial Officer of JK Cements
Written by Global Cement staff
03 July 2024
India: Sumnesh Khandelwal has resigned as the Deputy Chief Financial Officer of JK Cements. He has been in post since late 2021. Prior to this he was the Deputy President – Commercial for JMC Projects and was the CEO of Robo Silicon Private. Earlier in his career he spent nearly 20 years working for UltraTech Cement, eventually becoming a Joint Executive President. Khandelwal is a chartered account affiliated to The Institute of Chartered Accountants of India.
Fortino Delgado Carrillo appointed as Director of Legal Affairs at Cementos Moctezuma
Written by Global Cement staff
03 July 2024
Mexico: Cementos Moctezuma has appointed Fortino Delgado Carrillo as its Director of Legal Affairs. He succeeds Belen Molins Benavent in the post.
Delgado has worked as Senior Legal Manager Litigation for Cementos Moctezuma since early 2021. Before this he held a variety of corporate legal roles for companies, including Monere Business, Inter-Con Security Systems and MultiPack. He also worked as the Director General for the National Human Rights Commission Mexico. Delgado holds law qualifications from the Universidad Nacional Autónoma de México and the Universidad de Castilla-La Mancha.
Global: Titan Group and Sinoma CBMI have signed a Memorandum of Understanding (MoU) to collaborate on new business opportunities and technological innovations, focusing on decarbonising and digitising cement manufacturing.
Chair of the Titan Group executive committee, Marcel Cobuz, said "Our partnership with Sinoma will enhance our Green Growth Strategy 2026, benefiting both companies and advancing efficiencies across various fronts. Together, we are transforming the building materials sector towards a net zero future."
The MoU extends the collaboration beyond their initial joint venture on Titan's cement plant in Albania, exploring further advancements in low-carbon fuel and cooler technologies, virtual cement applications, digital logistics and carbon capture solutions.
Holcim to close original Holderbank site 03 July 2024
Switzerland: Holcim will close its historic site in Holderbank, Argovia, relocating approximately 200 employees to its headquarters in Zug from 2026. This move ends Holcim's 114-year presence in its founding location. Holcim will provide financial assistance for relocation or for those whose commute is affected, according to The Geneva Tribune. Prior to the transfer, the Zug headquarters will undergo renovation and expansion, eventually accommodating over 400 staff.
A spokesperson for Holcim said "The merger of the site and offices will not lead to any job cuts. There will be no layoffs."
India: Beumer will establish a production site in Reliance MET City, Jhajjar, with an investment of more than US$24m. The site covers over four hectares and represents a strategic expansion for Beumer's subsidiary, Beumer India. Construction is set to begin in mid 2024 with the plant's inauguration scheduled for September 2025.