Poland: Lafarge Poland, part of Switzerland-based LafargeHolcim, has begun the demolition of part of its 2.0Mt/yr Małogoszcz cement plant in Świętokrzyskie voivodeship. The work proceeded with the company taking down one of the plant’s 120m-high chimneys.

Industrial director Stanislaw Sobczyk said that the new Małogoszcz cement plant would “rise like a Phoenix from the ashes” of the old. The plant’s two chimneys were a local landmark and appeared on the logo of the former Małogoszcz Cement Company.

Egypt: Sinai Cement’s consolidated net loss before minority interests was US$35.6m in 2020. The figure represents an increase of 26% year-on-year from US$28.3m in 2019, according to Mubasher.

India: Aditya Birla subsidiary Grasim Industries has raised US$136m through fully paid unsecured non-convertible debentures (NCDs). The company has allotted the NCDs on a private placement basis.

Egypt: South Valley Cement’s full-year sales in 2020 were US$22.3m, down by 20% year-on-year from US$28.0m. Loss also fell by 20%, to US$16.0m from US$20.1m in the 2020 financial year, according to Mubasher.