The cement sector, which was already impacted by the general economic slowdown in FY 20, has now been severely hit by the COVID-19 pandemic-induced demand slump...
In these unprecedented times of COVID-19, the health impact coupled with the economic headwinds, leaves many of the developing economies vulnerable, but some are coping with...
During April-July 2020, the core sector output has contracted by 20.5 per cent as against the 3.2 per cent growth during the same months of FY20,...
Cement companies have pitched in with donations to PM and CM funds, besides directly helping the poor with health and hygiene, and relief materials. The COVID-19...
The FMCG-company, Emami, has completed its divestment transaction with Nuvoco Corporation. Emami has divested 100 per cent stake in its subsidiary Emami Cement for an enterprise...
HeidelbergCement’s revenue fell by 10 per cent year-on-year to Euro 8.25 billion in the first half of 2020 from Euro 9.21 billion in the same period...
Solomon Baumgartner Aviles, the chief executive officer (CEO) of Lafarge Egypt, says that cement demand fell by 6.5 per cent year-on-year in the first half of...
Eagle Materials says it has sold over 2 Mt of cement in a single quarter for the first time in its history. Sales volumes rose by...
Mexico-based Elementia has appointed Tim Kuebler as the leader of Elementia USA. He was already the chief executive officer (CEO) of the company’s cement business in...
Calderys has completed its acquisition of Hysil’s calcium silicate insulation division. The deal was signed in January 2020 but delayed to July 2020 due to coronavirus-related...
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