GERMANY - HeidelbergCement outlines further measures in response to Covid-19 pandemic

  • 21 April 2020
  • Author: Jon Shelbourne
  • Number of views: 471
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GERMANY - HeidelbergCement outlines further measures in response to Covid-19 pandemic

In response to the profound effects of the coronavirus, HeidelbergCement has agreed with the works council and employee representatives to introduce short-time work for its employees in Germany. Initially, the short-time working regulations primarily affect employees from the group's head office in Heidelberg. The extent of short-time work is determined for employees depending on the loss of work and can be up to 100%.

KAZAKHSTAN - Steppe Cement provides market update

  • 17 April 2020
  • Author: Jon Shelbourne
  • Number of views: 590
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KAZAKHSTAN - Steppe Cement provides market update

In the first quarter of 2020, Steppe Cement Ltd sold 235 896 t of cement for 4003 million Tenge, compared to 266 393 t of cement for 4455 million Tenge in the first quarter of 2019, representing a decrease of 11% and 10% respectively as the company decided to maintain pricing over volumes in Q1 while in the previous quarters volumes had been maintained over pricing.

TURKEY - Sönmez Çimento suspends clinker production

  • 17 April 2020
  • Author: Jon Shelbourne
  • Number of views: 5508
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TURKEY - Sönmez Çimento suspends clinker production

In a statement made by Sönmez Cement, one of the subsidiaries of Sönmez Holding, it was noted that due to the Covid-19 outbreak the Adana Yumurtalik Free Zone between 01 May and 30 June due to the contraction in exports and the domestic market.

INDIA - Cement makers may delay restart of plants

INDIA - Cement makers may delay restart of plants

Cement companies in India, the world second biggest market, are wary about short-term prospects for demand and may not rush to restart plants if the federal government begins lifting its lockdown from 15 April.

KUWAIT - Gulf Cement’s OGM approves delisting from Boursa Kuwait

KUWAIT - Gulf Cement’s OGM approves delisting from Boursa Kuwait

The ordinary general meeting (OGM) of Gulf Cement Company approved the board’s proposal to delist from Boursa Kuwait.

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