China: Asia Cement China’s revenue dropped by 29% year-on-year to US$620m in the first half of 2020 from US$868m in the same period in 2019. Its cement and clinker sales volumes fell by 24.4% to 11.1Mt from 14.74Mt. Its profit for the period declined by 41% to US$131m from US$223m. The group said that in the central and downstream region of the Yangtze River the market peaked in May 2020 following coronavirus-related disruption. However, flooding then reduced demand. In Sichuan, coronavirus and foreign imports reduced the price of cement in the first quarter of 2020.
Asia Cement China faces coronavirus, flooding and foreign imports in first half of 2020
Acquisition
Asia
carbon capture
Cemex
China
CO2
concrete
coronavirus
data
decarbonisation
Export
Germany
Government
grinding plant
Holcim
Import
India
Investment
LafargeHolcim
market
Pakistan
Plant
Product
Production
Results
Sales
Sustainability
UK
Upgrade
US
| « | September 2025 | » | ||||
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | |||||
