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China Shanshui Cement executives attacked in messy battle for control

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China Shanshui Cement Group Ltd has said that its executives were "attacked with pepper spray, smoke bombs and water guns and then held for two hours" by associates of a former official when they tried to retake control of company property.

According to the Securities Times publication, Shanshui Cement executives organised a crowd of around 600 people, wearing red armbands, white gloves and wielding sticks and axes, to storm and gain control of a company facility in the city of Jinan.

The abnormally hostile corporate battle is the latest development in current management’s dispute with its former employee Mi Jingtian. Accusing him of suspected misconduct, the company had said in December 2016 that it had suspended Mi from his duties at unit Shandong Shanshui and all its subsidiaries.

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Concrete

New appointment at TMEIC

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TMEIC Industrial Systems India, a Group company of TMEIC Corporation, Japan, has announced the appointment of Hidekazu Matsushima as the new Managing Director. Matsushima has been associated with Mitsubishi Electric FA division for domestic market in Japan since 1991 and been assigned in Industrial division in 1994, where he rolled out his mission of sales, marketing and business development of General industry (GI) such as paper, film, Oil & Gas, petrochemical, cement, food, automobile, semiconductor industries in Japan. During the establishment of TMEIC in Japan in 2003, he was assigned with the responsibility for domestic GI market Sales in Japan HQ, and then in plant and energy sales department.

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Concrete

Social Impact Award for Ambuja Cements

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The West Bengal CSR unit of Ambuja Cements has won the 6th ICC Social Impact Award 2024 in the large industry category. It was recognised for its efforts in advancing ‘Gender Equality and Women Empowerment’. The CSR arm received a letter of appreciation from the Office of the Governor of West Bengal, further amplifying recognition of the organisation’s contributions to societal advancement. The initiatives undertaken by Ambuja Cements in West Bengal under the Women Empowerment programme harness the power of rural women as breadwinners, community leaders and change-makers. Encouraging women to form Self-Help Groups and Federations plays a key role in helping them achieve socio-economic empowerment.

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Concrete

UCWL unveils new plant in Dabok, Udaipur

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JK Lakshmi Cement, a subsidiary of Udaipur Cement Works Limited (UCWL), has inaugurated its state-of-the-art cement mill IV at their Dabok plant in Udaipur, Rajasthan. The new mill pushes the plant’s cement capacity from 2.2 million MT to 4.7 million MT, making it one of the key players in the industry. The new facility is expected to enhance efficiency, productivity and provide exceptional product quality owing to its cutting-edge technology equipment while incorporating innovative measures to minimise its environmental impact. The event shows UCWL’s stern commitment to excellence and its contribution to the region’s infrastructure sector.

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