GlobalData: Peru’s construction industry set to contract as a result of COVID-19 containment measures
Peru’s construction industry is expected to contract by 4% in 2020 according to the company.
Peru’s construction industry is expected to contract by 4% in 2020 according to the company.
The company anticipates that the construction output in North America will fall by 6.6% in 2020.
David C. Wajsgras has been announced as the company’s new Independent Director, filling the seat previously held by Stephen P. Zelnak, Jr.
Due to the COVID-19 pandemic, Latin America’s construction output is expected to contract by 5.5% this year.
The company has announced that its Board of Directors has declared a regular quarterly cash dividend of US$0.55 per share on the company’s outstanding common stock.
The company’s Permanente and Tehachapi cement plants in California received the award, which recognises outstanding safety performance in the manufacturing of Portland cement.
The awards recognise outstanding safety performance in the manufacturing of Portland cement.
On the 8th May, the company was granted permission to resume its operations.
The company has announced a US$100 000 grant from CEMEX Foundation to TX/RX Labs to support the development of face masks, face shields and other Personal Protective Equipment (PPE) to fight COVID-19.
The company reports that its Q1 results in terms of revenues and EBITDA were similar to the same period last year, and announces the launch of its RESET strategy to help mitigate the impact of COVID-19.
The company’s results show a 2% growth in sales, reaching US$3.1 billion.
The company’s Q1 results are encouraging, despite the disruption caused by the ongoing COVID-19 crisis.
The company has cut its construction output growth forecast for Mexico to -7% in 2020, down from the previous forecast projection of -1.5%.
The company’s campaign highlights the importance of reducing the environmental impact of its manufacturing plants, and developing solutions to reduce waste and increase efficiency.
The company has been recognised as 2020 US EPA ENERGY STAR Partner of the Year – Sustained Excellence for the second consecutive year.