BANGLADESH - Cement manufacturers want cuts in import duty on clinker

BANGLADESH - Cement manufacturers want cuts in import duty on clinker
The cement manufacturers have sought a 60% cut in import duty on clinker and waiver on existing loan interest, to recover from the losses they suffered since the COVID-19 outbreak.

UAE - Sharjah Cement turns to losses in Q1-20

UAE - Sharjah Cement turns to losses in Q1-20
Sharjah Cement and Industrial Development Company reported a net loss of AED 9.3 million during the first quarter (Q1) of 2020, versus AED 802,000 in net profits for the same period of 2019.

AUSTRIA - Cement Plant Fire in Austria Causes Extensive Damage

AUSTRIA - Cement Plant Fire in Austria Causes Extensive Damage
A conveyor belt spread flames through a cement plant Sunday night in Austria when fire broke in the fuel supply.

NIGERIA - BUA Cement revenue up 25.1%

NIGERIA - BUA Cement revenue up 25.1%
BUA Cement Plc yesterday announced a 25.1% increase, amounting to N54 billion in revenue for the first quarter ended March 31, 2020.

TURKEY - Cement export from Turkey to Georgia down

TURKEY - Cement export from Turkey to Georgia down
Export of cement from Turkey to Georgia decreased by 8.17% from January through April 2020 compared to the same period of 2019, amounting to $12.8 million, Turkey’s Ministry of Trade have stated.
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