Cement News tagged under: Corona
Encouraging developments for Pakistan's cement industry19 May 2020, Published under Cement NewsPakistan's cement industry saw several encouraging development last week, including the news about the implementation of Diamer Basha Dam project, reduction of interest rates by the central bank, sufficient allocation of a development fund in the upcoming budget with a sorry note of the fall in cement production during 20 March due to the direct impact of COVID-19. As a result, the stock market turned bullish on last Tuesday on the back of a sharp rally in the cement and steel stocks. In a... |
MPA calls for a ‘cash bridge’ for members18 March 2020, Published under Cement NewsThe Mineral Products Association (MPA) has written to the Chancellor of the Exchequer calling for greater support for businesses in the UK during the COVID-19 pandemic. Nigel Jackson, MPA CEO, called for a general facility to delay VAT, corporation tax and employers' National Insurance contributions as a way to help member companies facing extreme economic conditions. He wrote: "Businesses need more certainty and a 'cash bridge' to ensure that current viability is not destroyed purely beca... |
Cementos Molins to enter Colombian market01 October 2015, Published under Cement NewsCementos Molins has signed an agreement to enter the Colombian cement market with local home and construction specialist Corona. The Spanish cement producer plans to build a EUR335m cement works in Antioquia. The plant will have a capacity of 1.35Mta and is scheduled to come online in mid-2018. The production facility will provide 220 direct and 250 indirect jobs during operation and an average of 800 jobs during the construction phase, according to local press reports. |
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