Cement News tagged under: COVID -19

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Financial restructuring positions PCC for long-term recovery

25 June 2021, Published under Cement News

Competent management is transforming PPC's prospects for the better. Under CEO Roland van Wijnen, the company has deconsolidated the company's Democratic Republic of Congo (DRC) operations, significantly de-risking the business, and improved its gearing with the sale of its lime business. Together with the tail wind provided by volume recovery in the core South African market, which has enabled the company to meet its interest payments, the JSE-listed cement producer may now be in a ...

Andusia sees RDF volumes recovering in the UK

18 June 2021, Published under Cement News

Andusia reports that RDF volumes in the UK have started to recover after COVID-19 had restricted its availability. In March 2020 the Environment Agency said that RDF exports fell by 37 per cent versus the previous year – a fall influenced by the coronavirus pandemic and the UK’s lockdown. Supporting this, according to data reported by both Veolia and Suez UK, the amount of waste generated in commercial and industrial workplaces drastically reduced by 50 per cent. In contrast, with familie...

Kenya cement consumption sees 8M20 record high

13 October 2020, Published under Cement News

Kenya's cement consumption for the 8M20 has hit a decade-high of 4.37Mt, according to the Kenya National Bureau of Statistics. Consumption rose by 11 per cent form the 3.95Mt recorded in the same period a year earlier. Kenyan cement consumption has not passed 4.18Mt since 2016 and the rise in 2020 comes during the disruptions of COVID-19. Small-scale construction projects were largely unaffected in Kenya by the pandemic and restrictions imposed in March 2020. Cement consumption in J...

Hetauda Cement Industries sees losses mount up

25 August 2020, Published under Cement News

A combination of COVID-19, stalled construction activities and falling cement sales have seen Hetauda Cement Industries' losses grow fivefold YoY. The state-owned Nepalese company amounted losses totalling NPR50m (US$417,872) in the last fiscal year ended mid-July. According to the factory, it was able to sell only 1.45m bags of cement and clinker out of the 1.9m bags it produced in the last fiscal year. Sarju Aryal, head of the sales division, said the factory was left with about 400,000...

Egypt sees cement sales surge 42% in June

21 July 2020, Published under Cement News

Egypt's cement industry has reported a sudden surge in total sales, recording 3.64Mt during June 2020, including minimal exports, up 42 per cent MoM and one per cent YoY. June's improvement follows on from one of the lowest monthly sales run rates on record during May, which were impacted by the coronavirus (COVID-19) pandemic and the partial lockdowns. The MoM turnaround was recorded across companies including Suez Cement, which reported a sales growth of 55 per cent MoM and 24 per cent...