The country’s leading cement-maker Holcim Philippines has suspended the operation of its manufacturing plant in Davao as the city was locked down until April 19 to contain the COVID-19 pandemic.
RWE, Europe’s third-largest renewables group, is partnering with Taiwan’s Asia Cement Corp to enter one of the strongest-growing offshore wind markets outside Europe, its renewable arm said on Thursday.
HeidelbergCement has priced a Eurobond issue under its €10 billion EMTN programme with an issuance volume of €650 million and a maturity date of 9 October 2024. The proceeds of the transaction will be used for general corporate purposes and the refinancing of upcoming maturities.
Qatar National Cement Co said on Monday it will shut down two cement plants from Wednesday to help combat the spread of the coronavirus and due to decreased demand in the local market.
Portland cement prices fell by a marginal 2.5% in March compared to February, according to a Central Administration of Needs and Building Materials report.