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...
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Earlier cement industry news and analysis from International Cement Review's global newsroom.
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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...
Exports from Vietnam decline due COVID-19 pandemic
Vietnam exported 7.5Mt of cement and clinker, to a value of US$291m, in the first quarter of this year, said the Ministry of Industry and Trade. The lower volume has been attri...
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...
Indian Saurashtra Cement resumes cement production in Gujarat
As the impact of COVID-19 appears to be subsiding in India, the domestic cement industry is planning to resume cement production with the state government's permission under al...
Cement sales on Fiji impacted by coronavirus
Fijian cement producer Pacific Cement Ltd reported cement sales declined by 27 per cent YoY in March. The company has lost an estimated US$750,000 in sales, according to Gene...
Holcim Philippines closes Davao cement plant
The Philippines' leading cement-maker Holcim Philippines has suspended the operation of its manufacturing plant in Davao as the city was locked down until 19 April to contain t...
Dangote Cement looks to raise NGN100bn from bonds
Nigeria’s Dangote Cement is seeking to raise up to NGN100bn (US$257.23m) from the bond market, under its NGN300bn debt issuance programme. The funds from the company’s first o...
DG Khan Cement resumes production at Khofli site
Pakistan will decide on 14 April, whether to allow the gradual opening of non-essential industries under full preventive measures to prevent the spread of the coronavirus. Prov...
Designing the carbon border mechanism
This week, Cembureau released its position paper on the EU carbon border mechanism (CBM), largely welcoming the prospect. Since one of the main risks with the EU ETS carbon mar...
CMIC state president calls for construction industry to be classed as essential
As previously announced, the cement mills that make up Mexico’s National Cement Chamber will suspend operations due to the ongoing COVID-19 pandemic . The president of the Mex...
Colombian deliveries up 5% in February
Cement dispatches in Colombia increased 5.3 per cent YoY to 1.025Mt in February 2020, according to the Colombian statistics office, DANE. In February 2019 dispatches reached 0....
Teploozersky Cement completes kiln maintenance project
Russia’s Teploozersky Cement (Vostok Cement), based in the Far Eastern district, has completed the scheduled maintenance of its No 3 rotary kiln. Work on the kiln was focus...
Asia Cement Corp partners with RWE for offshore energy project
Europe’s third-largest renewables group, RWE, is partnering with Taiwan’s Asia Cement Corp to set up an offshore wind project. The Chu Feng project would have an installed capa...
HeidelbergCement issues Eurobond with a volume of EUR650m
HeidelbergCement priced a Eurobond issue (ISIN XS2154336338) under its EUR10bn EMTN programme with an issuance volume of EUR650m and a maturity date of 9 October 2024. The proc...
Devki Group's Narendra Raval donates KES100m for oxygen
Kenyan cement and steel businessman, Narendra Raval, CEO of the Devki Group, has donated KES100m to supply oxygen to government hospitals in the fight against COVID-19. The...
Government relief package expected for construction sector
Pakistan's Prime Minister, Imran Khan, is likely to announce a relief package for the construction industry and issue a directive for the resumption of all China Pakistan Econo...
Adelaide Brighton pulls 2020 profit guidance
Australia’s Adelaide Brighton has pulled its 2020 profit guidance due to the economic uncertainty resulting from the coronavirus pandemic, but noted it has AUD450m (US$274.55m)...
Mexican cement plants to close due to coronavirus
Mexico’s National Cement Chamber (CANACEM) has announce that cement plants are ceasing operation. However, cement companies will carry out dispatches until 3 April and halt sup...
Ambuja Cement of India profit grows in FY19
Ambuja Cement Ltd of India has reported an increase in total income of 3.1 per cent and profit after tax (PAT) advance of 2.8 per cent during FY19, despite an increase of 0.6 p...
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