Argos delivers masks and biosafety kits
Argos has been delivering 23,000 face masks to construction and hardware customers throughout Colombia as well as biosafety kits to business customers. The biosafety kits cons...
Covid-19
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Votorantim reduces production at Oural
Votorantim-owned Oural cement plant in Spain will considerably reduce its cement production as a result of falling demand from the construction sector due to the COVID-19 pande...
South African cement sector is operating in survival mode
Bheki Mthembu, head of the inland business unit of PPC, says the lack of large-scale construction projects in South Africa has left cement producers heavily dependent on re...
Bamburi Cement donates KES15.6m in the fight against COVID-19
Bamburi Cement (LafargeHoldim group) has donated KES15.6m (US$145,600) in the fight against coronavirus to the Kenyan government's COVID-19 Emergency Response Fund. KES5m of ...
HeidelbergCement revaluates business units with impairment test
Due to the COVID 19 pandemic, HeidelbergCement AG has reviewed the business prospects of all significant local business units of the group, and has carried out an impairment te...
The impact of COVID-19 on global cement trade
Global cement and clinker trade will be seriously affected by the economic downturn caused by the coronavirus pandemic. There will be a global reduction in cement consumption. ...
Jordanian Cement Factories files for insolvency
The Jordanian Cement Factories Co has announced that it will file for insolvency on the back of adverse financial conditions, worsening as a result of the COVID-19 pandemic, ac...
Preparing for a financial crisis
Dr Michael Clark looks at how the global health emergency of the COVID-19 pandemic is expected develop into a financial crisis, and the potential impacts of this for the cement...
Cemex cancels El Musel project due to COVID-19
Cemex is cancelling its terminal project that would see the company import 150,000tpa of cement via the Ingeniero Olano dock in El Musel, Gijón, Spain. In February 2019 Cemex ...
Indian cement demand recovers after lockdown
Following the lifting of the coronavirus lockdown in several Indian states, the country’s cement industry is witnessing some pick-up in demand, according to Livemint. Researc...