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International Cement Group temporarily closes cement plant amid Kazakhstan unrest

Felicia Tan
Felicia Tan • 1 min read
International Cement Group temporarily closes cement plant amid Kazakhstan unrest
The group says it is “unable to quantify the extent of the financial impact of the unrest”.
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Amid the unrest in Kazakhstan, International Cement Group says it “remains cautious” and has decided to temporarily close its cement plant in the country’s Almaty region.

The closure was done in a bid to protect its employees and the plant.

With this, the group says it is “unable to quantify the extent of the financial impact of the unrest”.

It adds that it will continue to monitor the situation in Kazakhstan closely.

Shares in International Cement Group closed 2.5 cents on Jan 7.

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