Cement News tagged under: production halt

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Yguazu stops production due to transformer issues

24 August 2020, Published under Cement News

Paraguay’s Yguazu Cement stated on social media that it stopped production on 12 August 2020 due to an issue with a transformer. The producer continued dispatching cement until 14 August 2020, when its supplies ran out. While it has not yet been able to find a similar transformer locally, it may either rent generators or even import cement, according to reports. The news follows the country’s construction sector recently reporting a cement shortage .

Jordanian Cement Factories files for insolvency

06 July 2020, Published under Cement News

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, according to The Jordan Times.  As a result, the company has partially halted sales, collection and production. The company’s management had worked on a road map to restructure the company to increase sales, production and operational efficiency. However, the negative economic impact caused by the pandemic has impeded ...

El Nahda Cement partially stops production line at Qena plant

09 July 2019, Published under Cement News

Egypt's El Nahda Cement has decided to partially suspend the main line at its 5500tpd Qena plant for nearly six months. The actions come as a result of a decrease in sales and an increase in clinker stocks, representing stagnant assets if not exploited, according to local media sources. The company plans to continue with a partial suspension and reliance on the available clinker, however would resort to complete suspension if the situation continues. Monthly updates of the situation for the...

Tourah Cement halts production due to oversupply

18 June 2019, Published under Cement News

Egyptian cement producer Tourah Cement, owned by Heidelberg Cement, has suspended production as a result of oversupply in its domestic market. The company is considering liquidation. “Estimated cement consumption during 2019 will end at around 50Mt while total capacity of all competitors stands above 85Mt,” Tourah Managing Director, Jose Maria Magrina, said in a letter to employees last week and seen by Reuters. “This extra capacity is more than the total consumption in one year of countri...