August 2025

China: Anhui Conch Cement recorded a net profit of US$4.77bn in 2019, 13% higher than its 2018 net profit of US$4.23bn in 2019. Revenues rose by 22% year-on-year to US$22.2bn from US$18.2bn in 2018.

India: Several cement producers have responded to the coronavirus pandemic with plant closures. Reuters has reported that India Cements has temporarily closed all of its plants. JK Lakshmi Cement has suspended cement production at its 4.2Mt/yr integrated plant in Jaykaypuram, Rajasthan and at three grinding plants. JK Lakshmi subsidiary Udaipur Cement Works has shut its 1.6Mt/yr integrated Udaipur plant, also in Rajasthan.

Dalmia Bharat refractory production subsidiary Dalmia-OCL’s CEO Sameer Dagpaal told the Business Standard newspaper that he expected the virus’ impact on the company to be ‘relatively limited,’ with a slowdown in demand from the cement sector lasting at most ‘a couple of months.’ He noted that there had been ‘some minor supply-side disruptions relating to a shortage of raw materials from China.’

On 24 March 2020 the all-India total number of coronavirus cases crossed 500, with nine dead, according to Al Jazeera. 200 cases are in the western states of Maharashtra and Kerala.

Azerbaijan: Azerbaijan’s cement sector produced 3.30Mt of cement in 2019, down by 1.4% year-on-year from 3.35Mt in 2018. Ready-mix concrete volumes rose by 29% to 1.8Mt in 2019, from 1.4Mt in 2018.

The total value of building materials produced in 2019 rose by 5.0% to US$454m from US$432m in 2018.

Denmark: FLSmidth has reported ‘increasing disruptions to customers’ and its own operations’ and higher costs due to ‘more complex logistics and a weaker fixed cost absorption’ following the coronavirus outbreak. It says that around half of employees are working remotely.

FLSmidth continues its business improvement initiatives launched in 2019 and has implemented a capital expenditure (CAPEX) reduction, salary adjustment postponement and hiring freezes.

Germany: Currax and Siemens have announced their collaboration on a mill operations digitisation pilot project involving the Simotics Connect 400 motor data collector and transmitter. They hope that analysis of data processed via the Simotics 400 will better enable the remote operating of mills ‘to increase efficiency and component life’ and speeding the shift towards automation and production that is resilient to crises such as the coronavirus outbreak.

Spain: Oficemen, the Spanish cement industry association, has joined other voices in the construction sector to advocate for the continuation of construction works, including infrastructure projects, during the coronavirus outbreak. According to the Ministry of Industry, Commerce and Tourism, "The closure of the works is not obligatory, as this activity has not been expressly suspended." However, increasing numbers of local authorities are stopping them, including those in Barcelona, which has ordered the closure of all building work in the city, both public and private.

Oficemen's president, Víctor García Brossa, argued, "Once the service sector is paralysed, construction becomes one of the main pillars of the Spanish economy" asserting that its work is "of the utmost importance… to prepare our country for the way out of this crisis." Regardless of whether works can officially continue or not, García Brossa has confirmed that the current situation predicts a ‘sharp short-term drop’ in cement consumption.

In February 2020, cement consumption in Spain fell by 0.5% year-on-year to 1.17Mt, about 5500t less than in February 2019, according to Oficemen’s latest data. This represented the fourth consecutive month of falls, although in year-on-year terms (from March 2019 to February 2020) consumption increased by 3.9%.

Exports continued their dire performance, falling for the 33rd consecutive month. A decrease of 31.4% month-on-month was seen in February 2020, which was down by 24.2% year-on-year compared to February 2019.

Germany: HeidelbergCement started the new year better than ever before, according to chief executive officer (CEO) Dominik von Achten. He reported that this had been mainly due to good weather before the onset of the coronavirus outbreak. Von Achten warned that the situation had already changed beyond recognition since mid-February 2020 for the multinational.

He said that the coronavirus outbreak had not only caused plants to be closed, either by enforcement or due to a lack of demand, but because migrant workers are unable to travel to construction sites. For example, workers from Eastern Europe are increasingly lacking in Western Europe. In Indonesia, a market that is important for HeidelbergCement, the lack of Chinese construction workers is stark, as they remain confined to their home country.

According to Von Achten, HeidelbergCement is now paying particular attention to its costs, has deferred all unnecessary investments and has considerable liquidity leeway. He added that the group is likely to benefit significantly from lower fuel costs as conditions improve over the course of 2020. HeidelbergCement is currently particularly affected in Lombardy, where its Italcementi subsidiary has its headquarters. HeidelbergCement has shut down its factories in Italy and imposed a freeze on hiring and non-essential spending. "You can see it's hitting the world like a wave," says Von Achten. "It's a tough test."

China: China Shanshi Cement Group has reported that its profit was US$420m in 2019, a rise of 35.3% year-on-year compared to 2018.

North Korea: Local press says that the Sangwon Cement Complex in North Hwanghae Province has reported an upsurge in production, apparently making a record 10,000t/month of cement, its highest production level ever.

Chief engineer Yun Song Chol was quoted as saying that this had been made possible by ‘prioritising science and technology’ and ensuring the operation of equipment ‘at full capacity in accordance with the completion of modernisation at the end of 2019.’ Following the works, the line was reportedly commissioned in just a week.

Nigeria: Dangote Cement has donated cement worth US$270,000 to the Lagos State government to support the ongoing reconstruction process at the Abule-Ado site in Amuwo-Odofin Local Government area, which was affected by a deadly pipeline explosion on 15 March 2020. The donation was made by the chairman of Dangote Cement, Aliko Dangote, represented by the company’s Independent Non-Executive Director Emmanuel Ikazoboh.