Philippines: LafargeHolcim’s sale of its 86% stake in Holcim Philippines to San Miguel Corporation for US$2.15bn has fallen through after the Philippines Competition Authority (PCC) failed to approve the deal within 12 months of its conclusion. Reuters News has reported that the agreement, dated 10 May 2020, covered the exchange of four integrated plants and one grinding plant. LafargeHolcim has been divesting assets to pay off debt. The sale of its Holcim Philippines stake would have completed its withdrawal from the South-East Asia market, where its operations across Indonesia, Malaysia, Singapore and the Philippines had been valued at US$4.90bn.

LafargeHolcim has said that three of its four integrated Philippines cement plants have been able to resume operations following the lockdown due to the coronavirus outbreak. It says that it will ‘focus on strengthening operations in the Philippines.’

UK: The government has encouraged construction work to resume from 11 May 2020. Foreign Secretary Dominic Raab said, “Those who can’t work from home - thinking particularly the construction and manufacturing sectors - we are encouraging to go back to work now.” The advice follows the Prime Minister Boris Johnson’s speech of 10 May 2020, in which he announced the easing of the nation’s coronavirus lockdown as it moves into its second phase. Johnson said that a second spike in infections would lead to a return to full lockdown.

Vietnam: Vietnam Cement Association (VCA) chair Nguyễn Quang Cung has announced the suspension of all cement plant projects scheduled to begin in 2020. Cung said that oversupply and a lack of financial liquidity have made it unfeasible for cement producers to finish cement plant projects, according to Vietnam News Brief Service. The average cost of an integrated cement plant in Vietnam is US$194m.

Two projects - the 2.5Mt/yr Tan Thanh cement plant and 2.3Mt/yr Long Son cement plant - will be completed in 2020, bringing the domestic integrated production capacity of Vietnam to 106Mt/yr across 86 plants.

Belarus: Krichevcementnoshifer exported US$2.47m-worth of cement in the first quarter of 2020, up by 41% year-on-year from US$1.75m-worth in the corresponding period of 2019. Belta News has reported that the company, whose 0.6Mt/yr integrated plant at Krichev, Mogilev region serves the eastern Belarusian and Russian markets, made total sales of US$15.4m, up by 22% year-on-year from US$12.6m. Krichevcementnoshifer CEO Vladimir Korchevsky said, “We consistently ship 5000t of cement to consumers every day. April 2020 saw shipments reach 6000t/day. We can conclude that, despite the current difficulties associated with the coronavirus pandemic, the demand for our products has not decreased.”

In April 2020 Krichevcementnoshifer completed construction of an elevated track for the unloading of bulk materials from railway cars, reducing unloading time.