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May 1, 2023
Bamburi Cement has announced five board changes including the chief executive and chief finance officer (CFO).
March 23, 2023
Seddiq Hassani concludes his 5 year tenure
December 2, 2022
Fossil settled the purchase price of Lafarge Cement on Friday in a development that placed the giant cement producer in the hands of local entrepreneurs.
April 21, 2021
Bamburi Cement appoints John Stull as a non-executive director Written by Global Cement staff 21 April 2021 Kenya: Bamburi Cement has appointed John Stull as a non-executive director following the resignation of Pierre Deleplanque. The latter was appointed to the company’s board in mid-2018 and is its Area Manager - East, South Africa & Indian Ocean. Stull, an American national, is the Head of Strategy and Mergers & Acquisitions for Lafar...
March 3, 2021
Holcim Philippines sees 43% fall in net profit 03 March 2021 Holcim Philippines has reported a 42.5 per cent decline in net profit to PHP2.07bn (US$42.72m) for 2020, alongside a 22.3 per cent YoY fall in sales to PHP26.02bn from PHP33.49bn in 2019. "Lockdowns from March to May and severe weather conditions in the fourth quarter further affected the business. These hampered delivery of raw materials and services to production sites and dispatch of products to customers," said the...
March 1, 2021
Published March 1, 2021, 2:33 PM Cement manufacturer Holcim Philippines reported a 42 percent drop in net income to P2.06 billion last year from the P3.59 billion earned in 2019 as lockdowns and bad weather weighed down its performance. In a disclosure to the Philippine Stock Exchange, Holcim saidnet sales declined by 22 percent to P26.06 billion from P33.49 billion as volume and prices dropped due to the impact of the pandemic. “Lockdowns from March to May and severe weather conditions in th...
March 1, 2021
Holcim Philippines Inc. has allocated P121.5 million for this year and the next to improve the usage of alternative fuels and raw materials for cement production at its Bulacan plant.
February 25, 2021
Published February 26, 2021, 5:00 AM Leading cement maker Holcim Philippines announced the appointment of Horia Adrian as its new President and Chief Executive Officer effective March 1, 2021. The firm said Horia Adrian is formerly the CEO of Romania and Market Head Emerging Europe. He also managed the LafargeHolcim Group’s Business Transformation. Horia Adrian He joined LafargeHolcim in 2000 and has successfully held various management roles, including CEO roles for Russia, Eastern Europe ...
January 15, 2021
Holcim Philippines has allocated PHP121.5m (US$2.5m) of funds to improve its alternative fuels processing facility at its plant in Norzagaray, Bulacan,...
January 12, 2021
Advertisement Building solutions provider Holcim Philippines, Inc. has partnered with mixed martial arts organisation ONE Championship and its heavyweight world champion, Brandon ‘The Truth’ Vera, for a campaign to highlight the company’s legacy of excellence in helping partners build important structures in the country. Called ‘Built to Excel,’ the campaign will feature Vera highlighting the similarities of his path to being a champion with Holcim Philippines’ journey in establishi...