Moody's changes Boral's outlook to negative
Moody’s Investor Service has changed its outlook on Australia’s Boral Ltd from stable to negative, while also affirming its Baa2 issue rating. "The change in outlook to nega...
Covid-19
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Shiva Cement scales down cement production in India
India-based Shiva Cement Ltd has informed the Bombay Stock Exchange on 6 April that in the wake of the COVID-19 outbreak across the world, including India, the company has been...
Likely post-coronavirus cement scenario in Pakistan
A local research house has estimated cement demands/sales in Pakistan after the coronavirus period, provided it is fully controlled well before it could bring any catastrophe o...
Cement companies asked to unload product from freight trains
Indian cement companies are being asked to unload cement bags from freight trains so they can be used for essential commodities, according to the Deccan Herald. Reports suggest...
Cemex resumes operations in Mexico
Cemex is resuming its building material operations in Mexico in line with the technical guidelines published in the official Mexican gazette to support the development of the e...
Steps to avoid project standstill in Mexico
Following the announcement of CANACEM, Mexico's cement chamber, that it will slow down operations in the COVID-19 contingency, Claudia Sheinbaum Pardo, Mexico City's head of go...
Trading of cement scripts still suspended in Bangladesh
The trading of seven leading cement firms' scripts in two stock exchanges of Bangladesh are suspended due to measures taken by the Dhaka government to stop the spread of corona...
Pakistan announces the much-anticipated construction package
Pakistan's Prime Minister, Imran Khan, last week announced the much-awaited Construction Package, which is mainly comprised of tax incentives for the construction industry. The...
March cement data reflects coronavirus impact in Pakistan
All Pakistan Cement Manufacturers Association (APCMA) has officially released cement dispatches data for March 2020 and cumulative dispatches for nine months. The demand for ce...
Tajikistan eyes 20% increase in cement output in 2020
Tajikistan has significantly increased production of cement this year despite the impact of the COVID-19 pandemic and the associated economic recession in the country, accordin...