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Indian cement dealers expect volumes to decline 35-40%

Following the impacts of COVID-19, Indian cement dealers are expecting volumes for March to decline by 35-40 per cen...

ICR April 2020

In this issue we highlight the southwest US states, while the PCA’s Ed Sullivan provides a US economic outlook. GS-...

Moody's changes outlook for Votorantim Cimentos

The outlook for Brazil’s Votorantim Cimentos has been downgraded from positive to negative by Moody’s Investors Serv...

Carthage Cement completes capital increase

Tunisia’s Carthage Cement has successfully completed a capital increase for TND206m (US$71.89m) or 77 per cent of th...

On the plus side

Phase one of Russian construction company Atomstrojkomplex’s new cement facility in Yekaterinburg is a grinding unit...

Indian lockdown leaves plant staff stranded

Following the Indian lockdown as a response to the COVID-19 outbreak, Ramco Cements has stopped production at its pl...

BUA provides funds for COVID-19 relief in Nigeria

Nigeria’s BUA has fulfilled a pledge by transferring NGN1bn (US$2.6m) of funds to the COVID-19 relief account with t...

Vicat to revise 2020 outlook in view of coronavirus

Vicat has warned that while its 2020 outlook needs to be revised in terms of the potential impact of COVID-19 on the...

New plant investments in Zimbabwe

Livetouch Investments is set to invest around US$15m towards the construction of a cement plant in Hwange, Zimbabwe....

UNTHA to expand in Poland

Industrial shredder manufacturer UNTHA is predicting that 2020 will be the biggest year yet for its Polish subsidiar...