Displaying items by tag: Suspension

Ireland: UK-based Breedon Group has announced the suspension of operations at its 0.7Mt/yr integrated Kinnegad plant in County Westmeath and all other sites in Ireland. Breedon Group guaranteed 100% to pay to all Irish and UK staff to 30 April 2020.

Two non-executive directors of Breedon Group, Susie Farnon and Peter Cornell, have taken retirement.

Oman: Construction companies have reported delays to several projects resulting from a cement shortage that begun on 21 March 2020. Al-Watan newspaper has reported that most of the affected works are residential. The reason for the shortage is the suspension of cement imports from UAE from mid-March 2020.

US: Germany-based Lehigh Hanson has announced a suspension of work on its 2.0Mt/yr expansion of the 0.8Mt/yr Mitchell plant in Indiana to 2.8Mt/yr to early 2021 at the latest due to ‘uncertainties resulting from’ the coronavirus. The target date for commissioning has also moved, to late 2023 from September 2022. Lehigh Cement Mitchell plant manager Jerry Miller said, “A construction project of this magnitude has numerous components, such as supply chain certainty, material deliveries and, importantly, worker availability.”

The upgrade received environmental clearance in July 2019 and the company broke ground at the site in October 2019.

UK: Breedon Group has suspended production at all UK sites except operations that ‘serve critical supply needs,’ such as those of the Hope, Derbyshire, cement plant. The group’s Ireland operations also continue, ‘pending further guidance from the Irish government.’

Breedon Group says that it has taken the temporary measures ‘to ensure the safety and wellbeing of colleagues, subcontractors, customers and communities.’

India: Dalmia Bharat has suspended operations across its entire integrated cement production apparatus, equalling 26.5Mt/yr capacity, as of 26 March 2020. The move is a response to a government ordnance of 25 March 2020 imposing a 21-day lockdown on the whole of India due to the coronavirus. The company will implement the closure ‘until further notice,’ according to Mint News.

Dalmia Bharat CEO and managing director Mahendra Singhi said, “While cement production is continuous in nature and the plants have requisite permission from both the state and the central governments to operate with minimum employees during the lockdown, Dalmia Bharat will only carry out mandatory activities required for safety and security of the plants in the larger interest of its staff.”

Coronavirus had claimed 13 lives in India on 27 March 2020.

Colombia/Panama: Mexico-based Cemex has announced the suspension of production at all of its plants in Panama and those of its Colombian subsidiary Cemex Latam Holdings from 25 March 2020. It said it ‘may resume certain activities on or before 13 April 2020,’ according to Noticias Financieras News. The NAFTA 2.0 newspaper has included Cemex on a list of Mexico’s companies most exposed due to a large European presence to the impacts of the coronavirus there. Europe is the second-largest market for Cemex’s products, generating 24% of its revenue in 2019.

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.

Uzbekistan: The State Committee on Ecology and Environmental Protection (SCEEP) has suspended operations at SingLida’s 0.1Mt/yr integrated Ahtachi plant in Andijan region. Trend News has reported that, following an audit of clinker production between 12 February 2019 and 21 February 2019, the cyclones had failed to meet lawful standards of dust collection. Rates varied between 53% and 61% dust collection, compared to a design capacity of 100%. The government body said that it had given ‘instructions for prompt elimination of deficiencies and reduction of pollutant emissions into the air,’ and has suspended operations of the clinker line and mill until such a time as the problem is resolved.

Egypt: El Nahda Cement has suspended production at its 1.7Mt/yr plant at Quena for six months. It has taken the decision due to lower sales and increased supply in the local market, according to Mist News. The local industry has reported production overcapacity in recent years. In mid-2018 the 13Mt/yr government/army-run El-Arish Cement plant at Beni Suef was fully opened

Kenya: The Capital Markets Authority (CMA) has extended the suspension of ARM Cement’s shares from trading on the Nairobi bourse for a further 21 working days. According to a public notice the shares of the cement maker will remain suspended until 27 September 2018.

“The extension of suspension in trading of the company’s shares takes effect from 30 August 2018 and shall remain in force for a further 21 working days,” said the NSE.

ARM Cement, which is grappling with US$140m of debt, was previously suspended from the bourse for seven working days from starting 20 August 2018.