Cement News tagged under: coronavirus

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Chinese cement prices recover as work restarts

27 March 2020, Published under Cement News

Cement prices in China have shown signs of recovery as works in the country resume, according to Xinhua-run Shanghai Securities News. Cement producers in the northwest announced a price increase of their cement products by CNY20-64/t (US$2.82-9.03/t). In the eastern province of Zheijiang some cement products are also had prices increased by CNY10/t. In addition, there have been reports of various parts of the cement industry supply chain gradually recovering. As of March 20, the operating...

Attock temporarily closes doors amid COVID-19

27 March 2020, Published under Cement News

Pakistan’s cement industry has been impacted by measures taken by federal and provincial governments to stop the spread of the coronavirus in the country. Attock Cement Pakistan Ltd has informed the Pakistan Stock Exchange in accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of P5X Regulations: “In view of the prevailing lock down announced by the Governments of Sindh and Balochistan in order to control the spread of COVlD-I9, the management of Attock Cement Pakistan...

Breedon announces COVID-19 mitigation measures

27 March 2020, Published under Cement News

Breedon Group, based in Great Britain and Ireland, has announced a series of measures that it will undertake to mitigate the impact of COVID-19. "In light of recent government measures, and to ensure the safety and wellbeing of our colleagues, subcontractors, customers and communities, we have decided temporarily to suspend production at our UK sites, with the exception of our Hope cement plant and those of our operations which serve critical supply needs. During the course of this week we ...

Cemex announces temporary closures in Colombia and Panama

27 March 2020, Published under Cement News

Cemex has announced that its Colombian subsidiary will temporarily suspend production from 25 March, following a decree relating to the coronavirus pandemic. Certain activities may resume on or before 13 April, if permitted. In addition, following measures implemented by the authorities in Panama, Cemex will also temporarily stop production and related activities in the country.

Punchlist: cement plant readiness for the COVID-19 pandemic

26 March 2020, Published under Cement News

Today we publish a punchlist of immediate responses that cement plants and businesses should take into account to enhance readiness in the context of the ongoing COVID-19 pandemic. Longer-term preparations and planning to promote readiness for such a pandemic are also considered. Immediate responses Follow the instructions and requirements of their local government Strongly promote personal hygiene and regular handwashing and sterilising in the cement plant Make additional fac...

Buzzi Unicem sees 12% rise in sales, stable net profit in 2019

26 March 2020, Published under Cement News

Italy-based Buzzi Unicem reported a 12.1 per cent rise in net sales in 2019 to EUR3.221bn in 2019, up from EUR2.874bn. The company posted a 4.3 per cent YoY rise in cement sales to 29.122Mt in 2019 while ready-mix sales remained stable at 12.1Mm3 over the same period. EBITDA surged to 26.1 per cent to EUR728.1m in 2019 while recurring EBITDA saw a 23.9 per cent jump to EUR704.4 when compared with the previous year. Net profit advanced by 0.8 per cent to EUR385.9m and consolidated net profit ...

Measures to stop COVID-19 spread expected to impact Bangladeshi cement industry

26 March 2020, Published under Cement News

The Bangladeshi cement industry is likely to be affected by the measures taken by government to halt the spread of the coronavirus in the country. All passenger trains and vessel departures, except cargo trains and ships, have been suspended for an indefinate period. In addition, the government announced a 10-day general holiday from 26 March until 4 April as well as a relief package. Bangladeshi Prime Minister, Sheikh Hasina, announced a BDT50bn incentive package for export-oriented indu...

Indian cement manufacturers take precautions against COVID-19

25 March 2020, Published under Cement News

India’s cement manufacturers are taking precautions against the spread of COVID-19. JK Cement Ltd is working with a reduced workforce, maximising video-conferencing and minimising contact. As a result of government policy, it has also announced which of its plants will now suspend production. JK Cement facilities at Nimbahera and Mangrol, both situated in Chittorgarh, Rajasthan, will close. Elsewhere, units at Gotan (Nagaur, Rajasthan), Jharli, (Jhajjar, Haryana), Katni (Madhya Pradesh) a...

Panama’s government halts cement production and distribution

25 March 2020, Published under Cement News

Through its Executive Degree No 506, the Panamanian government has suspended all construction activity, except construction projects provided by the health authority, in the country, reports Panamá América. The measure includes the production, distribution and dispatch of cement, concrete and its derivatives. Quarrying has also been suspended. The new legislation takes effect from 23.59h on Wednesday, 25 March 2020.

FLSmidth suspends financial guidance for 2020

25 March 2020, Published under Cement News

FLSmidth has suspended its financial guidance for 2020, following the global uncertainty caused by the global COVID-19 pandemic. "The underlying mining and cement industries remain sound but given the day-to-day development in markets around the world, we are currently unable to assess the extent of the impact," said the company in a statement. The company is reporting increasing disruptions to customers and its own operations, with higher costs related to more complex logistics and a ...