Syria: Parts of the Arab Cement Company’s integrated plant in Aleppo are being renovated. Ayman Nabhan, the Director General of the General Establishment for Cement and Building Materials, said that the unit had suffered ‘heavy’ damage from terrorists, according to the Syrian Arab News Agency. The government says that industrial plants in the region are being repaired and returned to production. It took back control of the city from opposition forces in late 2016.

Sri Lanka: The Sri Lankan Navy has rescued nine sailors from the ‘Sri Lanka Glory,’ a barge that transports clinker to the Rugunu cement grinding plant in Galle. The barge was forced off course by gale-force winds off the coast of Rumassala, according to the Daily Mirror newspaper. A previous attempt to retrieve the seamen from the damaged vessel by tug had failed.

Greece: Titan Group has successfully completed a share exchange exercise between its subsidiaries. The voluntary share exchange tender offer was submitted by Τitan Cement International to the shareholders of Titan. Following the transaction Titan Group will be listed, through Titan Cement International, on Euronext Brussels, the Athens Exchange and Euronext Paris, on 23 July 2019. The company said the move would strengthen its international growth path and future outlook.

China: The government is considering introducing a rating scheme for companies in 15 key industries, including steel, coal and cement. Those with the highest emissions will be subject to the strictest production limits, according to the Economic Information Daily newspaper. Those with an A-rating, the highest, will be required to suspend production only in extreme weather, while the C-rated companies will be subject to additional bans during the winter heating season, when pollution is the most severe. The scheme is intended to incentivise companies to upgrade their equipment.