The Impact of COVID-19 on the Cement Industry

As the COVID-19 outbreak has slowed construction in many countries, the industry has seen lower demand for its products, leading to overcapacity. Cement companies are largely expected to survive the crisis, but they must strengthen their sustainabi...

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Main Authors: Schlorke, Sabine, Tu, Li, Stec, Marek, Villar Mallagray, Juan, Kaleem, Hassan
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/925561614577158444/The-Impact-of-COVID-19-on-the-Cement-Industry
http://hdl.handle.net/10986/35233
id okr-10986-35233
recordtype oai_dc
spelling okr-10986-352332021-04-23T14:02:19Z The Impact of COVID-19 on the Cement Industry Schlorke, Sabine Tu, Li Stec, Marek Villar Mallagray, Juan Kaleem, Hassan CEMENT INDUSTRY CORONAVIRUS COVID-19 PANDEMIC IMPACT GREENHOUSE GAS EMISSIONS As the COVID-19 outbreak has slowed construction in many countries, the industry has seen lower demand for its products, leading to overcapacity. Cement companies are largely expected to survive the crisis, but they must strengthen their sustainability and competitiveness. Companies must also reduce their carbon emissions for their long-term viability; with the cement sector generating 7 to 8 percent of global greenhouse gas emissions, pressure is growing for the industry to achieve carbon neutrality. 2021-03-10T16:52:53Z 2021-03-10T16:52:53Z 2020-08 Brief http://documents.worldbank.org/curated/en/925561614577158444/The-Impact-of-COVID-19-on-the-Cement-Industry http://hdl.handle.net/10986/35233 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CEMENT INDUSTRY
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
GREENHOUSE GAS EMISSIONS
spellingShingle CEMENT INDUSTRY
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
GREENHOUSE GAS EMISSIONS
Schlorke, Sabine
Tu, Li
Stec, Marek
Villar Mallagray, Juan
Kaleem, Hassan
The Impact of COVID-19 on the Cement Industry
description As the COVID-19 outbreak has slowed construction in many countries, the industry has seen lower demand for its products, leading to overcapacity. Cement companies are largely expected to survive the crisis, but they must strengthen their sustainability and competitiveness. Companies must also reduce their carbon emissions for their long-term viability; with the cement sector generating 7 to 8 percent of global greenhouse gas emissions, pressure is growing for the industry to achieve carbon neutrality.
format Brief
author Schlorke, Sabine
Tu, Li
Stec, Marek
Villar Mallagray, Juan
Kaleem, Hassan
author_facet Schlorke, Sabine
Tu, Li
Stec, Marek
Villar Mallagray, Juan
Kaleem, Hassan
author_sort Schlorke, Sabine
title The Impact of COVID-19 on the Cement Industry
title_short The Impact of COVID-19 on the Cement Industry
title_full The Impact of COVID-19 on the Cement Industry
title_fullStr The Impact of COVID-19 on the Cement Industry
title_full_unstemmed The Impact of COVID-19 on the Cement Industry
title_sort impact of covid-19 on the cement industry
publisher International Finance Corporation, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/925561614577158444/The-Impact-of-COVID-19-on-the-Cement-Industry
http://hdl.handle.net/10986/35233
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