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Tariq Khan appointed head of Fauji Fertilizer Company
Written by Global Cement staff
28 March 2018
Pakistan: Lt Gen Tariq Khan has been appointed as the chief executive and managing director of Fauji Fertilizer Company, the owner of Fauji Cement. He succeeds Lt Gen Shafqaat Ahmed.
Roland Köhler to chair LafargeHolcim Foundation
Written by Global Cement staff
28 March 2018
Switzerland: Roland Köhler has been appointed as the chairman of the board of the LafargeHolcim Foundation for Sustainable Construction. He succeeds Rolf Soiron, the founding chairman of the Foundation since 2003, with effect from 1 April 2018.
Brinda Somaya, Principal Architect & Managing Director of Somaya & Kalappa Consultants in Mumbai, India and Stuart Smith, Director of Arup, a multinational engineering Group based in London, UK have also been appointed as new members to the board of the foundation.
The foundation selects and supports initiatives that combine sustainable construction solutions with architectural excellence and enhanced quality of life beyond technical solutions. Through the non-commercial promotion and development of sustainable construction at national, regional, and global levels, the LafargeHolcim Foundation encourages sustainable responses to the technological, environmental, socioeconomic and cultural issues affecting building and construction.
Titan’s turnover remains stable in 2017 28 March 2018
Greece: Titan Group’s turnover fell slightly to Euro1.51bn in 2017. Bad weather, the devaluation of the Egyptian Pound and weakening of the US Dollar affected its operating results despite a buoyant US market. Its earnings before interest, taxation, depreciation and amortisation (EBTIDA) fell by 1.9% year-on-year to Euro273m in 2017 from Euro279m in 2016. Its net profit fell by 66.5% to Euro42.7m from Euro127m.
The cement producer’s turnover grew by 9.9% to Euro873m in the US despite Hurricane Irma in September 2017 and other poor weather effects. In Greece it reported that build activity weakened further in 2017. It said that although export volumes remained high, its profit margins were hit by the lowering value of the US Dollar and increased fuel prices. Overall, the turnover of its Greece and Western Europe region fell by 4.8% to Euro249m. In Southeastern Europe turnover rose by 10.5% to Euro226m due to increased demand for building materials. Turnover in the Eastern Mediterranean region fell by 36.5% to Euro158m due to negative currency effects in Egypt and a fall in cement demand.
Poland: LafargeHolcim has celebrated investing over Euro95m at its Kujawy cement plant since 2008. As part of the Pomeranian Special Economic Zone, the plant has had a number of upgrades over the last decade and has created over 60 jobs.
Projects at the site have included spending Euro24m on environmental improvements such as installing new filters, building a new clinker silo and four cement silos, and converting the plant to process alternative fuels. Euro56m has been invested on production upgrades including a new cement grinding mill, a new calciner and new constant monitoring systems. Euro18m has been spent on two bulk loading terminals, a new weighbridge and self-loading systems and a new laboratory.
First clinker produced at Limak Anka Cement plant 28 March 2018
Turkey: The first clinker has been produced at the Limak Anka Entegre Cement plant. Turkish engineering company Sintek added that the flame was first lit in mid-march 2018 for the 5000t/day production line. Turkish cement producer Limak signed a US$155m contract with China’s Sinoma and local company Sintek to build the plant in early 2015. The project was originally scheduled to be completed in early 2017.