Zambia: Sinoma Mpande Limestone has donated 1000 bags of cement for use in the construction of a new secondary school in Chongwe, Lusaka Province. The People’s Daily newspaper has reported that the community is responsible for a 25% contribution in addition to World Bank funding for the project. District Commissioner Robster Mwanza said that it was “hard pushed to meet this requirement” and that the cement would “go a long way” in helping.

Philippines: Eagle Cement has shared plans for the installation of a fifth mill at its 7.1Mt/yr integrated cement plant in San Ildefonso, Bulacan Province at a cost of US$30m. Business World News has reported that the upgrade will raise the plant’s capacity to 8.6Mt/yr. President and chief executive officer John Paul Ang said, “Our strong financial position will allow us to weather this health crisis battering the economy without giving up major components of our expansion plans.”

Eagle Cement said that it “ramped up production” following the national coronavirus lockdown in June 2020 in order “to support the government’s push for accomplishing critical infrastructure projects.” It is currently working towards the launch of an online customer portal for placing and tracking cement orders.

Denmark: FLSmidth has predicted a 55% year-on-year decline in earnings before interest, taxation and amortisation (EBITA) in the first half of 2020 to Euro48.2m from Euro107m. Sales are Euro1.12bn, down by 15% from Euro1.33bn, and order intake was Euro1.33bn, down by 7% from1.42bn. Net debt is expected to have declined by 15% to Euro309m from Euro363m.

The company said, “Across all regions, the mining industry and especially the cement industry have been negatively affected by the pandemic. Even in the regions with easing of lockdowns and mobility restrictions, it is yet unclear how our customers’ spending patterns will advance. Visibility remains low and our guidance remains suspended.”

Qatar: Qatar National Cement Company recorded a profit of US$27.5m in the first six months of 2020, down by 32% year-on-year from US$18.8m over the corresponding period of 2019. Sales were US$79.8m, down by 23% from US$104m. The company attributed the decrease to a decline in demand due to the coronavirus outbreak.