Coronavirus widens the cracks in Egypt's cement industry, which is already scrambling to respond to competition from a vast new factory owned by the military
LafargeHolcim, Vicat and CEMEX did not respond to requests for comment. Titan said it was happy with its Egyptian investment and it saw a 5% increase in volume in the first quarter despite the coronavirus lockdown measures.
“There is an expectation that some plants will have to close in the coming years as the economics just don’t make sense.” The plant appears to have been inspired by a government study in the early 2000s that predicted demand would rise to 100 million tonnes a year, the company officials said.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Libyan army launches operation to liberate Sirte as Egypt proposes truceLibya's internationally recognised government attempted new advances against the militia of retreating warlord Khalifa Haftar, who stood by in Cairo as his ally, Egyptian President Abdel Fattah al Sisi, proposed a ceasefire.
続きを読む »
Airbus CEO: EU should adopt ‘cash for clunkers’ airplane schemeScrapping multi-million euro airliners and replacing them with new ones is good for the environment and the economy, argues Airbus CEO Guillaume Faury
続きを読む »
Airlines Got $25 Billion in Stimulus; Industry Still Expected to ShrinkFederal stimulus money for airlines is keeping them afloat through the coronavirus pandemic, but it’s not proving to be enough to sustain the industry at its pre-pandemic size.
続きを読む »
Cuomo: 35 New Yorkers died of COVID-19 Friday, 'a record low since this crisis began'35 people died of COVID-19 in New York state on Friday, according to Gov. Cuomo, “a record low since this crisis began.”
続きを読む »
Thousands protest racism in Brussels as U.S. movement sweeps EuropeThousands gathered in Brussels for a largely peaceful Black Lives Matter protest — the latest in a string of demonstrations across Europe inspired by the U.S. movement
続きを読む »
It's getting even harder for black and Latino tenants to pay the rentBlack and Latino homeowners and renters were more likely to miss their payments in May than their white and Asian counterparts, according to a new analysis of US Census Bureau data. They were also less likely to be confident about making June payments.
続きを読む »