Cement News tagged under: COVID-19
Rising to the challenge25 January 2021, Published under Cement NewsThe COVID-19 pandemic has changed the way we live and the way we work. CBMI has successfully navigated the impact of the crisis by progressing with construction of the Kalambaina Cement Plant Line 3 project for BUA Group in Nigeria, and continuing operation and maintenance contracts for the producer. By Xintao Zhao, Bao Tian, Xiaolong Li, Ban Ding, CBMI Construction Co, Ltd, China. Kalambaina Cement Plant Line 3 site view, pictured in March 2020 Learning to live and work with co... |
Nigeria: search for new markets19 January 2021, Published under Cement NewsWhile Nigerian cement volumes rose sharply in the 3Q20 amid the COVID-19 pandemic, there is limited room for strong volume and price growth. For the oligopolistic domestic cement industry, competitive pressures are a central theme and cost efficiencies remain key. Given challenges locally, new export opportunities could potentially be opening up. By Afrinvest, Nigeria. For Nigeria’s cement industry, competitive pressures remain important despite the sharp rise in domestic volumes i... |
World Cement Association Committees set their 2021 agenda19 January 2021, Published under Cement NewsThe World Cement Association’s Professional Committees (Safety & Health, Environment & Climate Change and Technology & Innovation) announced their goals for the global cement industry in the new year at the WCA’s 4th General Assembly Meeting in December, taking the opportunity to review progress made so far and set priorities for the year ahead. Climate change, decarbonisation and sustainability challenges facing the cement industry led the agenda for the Environment & Climate Change C... |
Great expectations?05 January 2021, Published under Cement NewsWhile the start of 2020 saw optimism, COVID-19 quickly altered the view of even the most ardent optimist. As cement demand tumbled with construction sites going silent so did the sector’s initial confidence. However, at the end of the year, cement markets are recovering and there are expectations that 2021 may turn out better than initially thought. By Paul Roger, Exane BNP Paribas, UK. Figure 1: YoY cement consumption growth, 2021E What a 12 months it has been for the global ce... |
Bangladesh cement producers seek extension to loan moratorium30 December 2020, Published under Cement NewsCement makers in Bangladesh have pleaded for a loan moratorium until the end of June 2021. If extended, the industry, as well as the economy, could strongly recover from the pandemic's fallout, said the letter dated December 22 from the Bangladesh Cement Manufacturers Association (BCMA) to the Bangladesh Bank (BB). The request to extend the ongoing moratorium period on the payment of loan instalments by another six months would cushion the cement producers as they fight the economic fallo... |
Dominican Republic market contracts 8% in 202028 December 2020, Published under Cement NewsThe Dominican Republic’s cement market is expected to contract by eight per cent in 2020, according to Julissa Báez, president of the Dominican cement association, ADOCEM. The drop comes on the back of a forecast 16 per cent fall in construction activity, caused by the impact of the coronavirus pandemic. Up to March 2020 the cement sector had shown very dynamic activity levels until the COVID-19 pandemic affected demand. However, the industry could have been affected significantly worse, ... |
WCA holds its 4th General Assembly meeting16 December 2020, Published under Cement NewsOn 10 December the World Cement Association (WCA) held its 4th General Assembly Meeting in which it assessed the industry's challenges due to COVID-19 as well as the WCA's current priorities and the new industry patterns emerging post-COVID-19. " Globally, the pandemic continues at large due to multiple factors such as the downplay of the pandemic, slow response, or lack of mature public health facilities in some countries. The challenge is going on with the uneven resumption of ... |
Mega construction projects boost Bangladesh's cement demand11 December 2020, Published under Cement NewsThe long-awaited Padma Bridge is nearing its completion after the final span of the 'dream bridge' was installed almost six years after the construction work began in Bangladesh. The bridge’s construction and five other megaprojects have stimulated growth in the country’s construction and cement industry. The Director of Brand Marketing of Abdul Khair Group, Naushad Chowdhury, and the Director of Operations of Shah Cement Industries Ltd, Hafiz Sikander, have announced that the Shah C... |
Philippines: poised to rebound?02 December 2020, Published under Cement NewsHaving being one of southeast Asia’s strongest performers in recent years, the Philippines construction and cement industries have been hit by the impact of COVID-19 during the 1H20. However, the easing of restrictions, some positive economic indicators and pent-up demand could lead to cement consumption bouncing back in 2021. By Jagdeep Verma, Holtec Consulting, India. Holtec India endeavours to examine the impact of COVID-19 on the Philippines cement industry and share its views ... |
Vecoplan invests millions and enjoys further success despite COVID-1919 November 2020, Published under Cement NewsDespite the COVID-19 pandemic, Vecoplan AG has continued supplying machines and systems that shred, convey and process primary and secondary raw materials in the production and materials cycle, while running as profitably as last year. "Despite COVID-19, our business is still very stable since we’re working through a high backlog of orders. One reason for these orders is our development offensive and the resulting product launches of recent months," says Werner Berens, CEO of the Vecop... |