Cement News tagged under: exports

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India imposes export barrier for Pakistani cement

26 November 2012, Published under Cement News

India has made cement exports subject to a performance bank guarantee of US$10,000 to be supplied by exporters. In a letter issued by the Bureau of Indian Standards (BIS) to all foreign cement manufacturers, said cement exporters would have to submit this guarantee to qualify for exporting cement to the country. The move has not been welcomed in Pakistan which sees it as another nontariff barrier imposed by India to restrict its cement exports despite Pakistan to have accorded the most...

Fulfilling Libya's potential

19 November 2012, Published under Cement News

Libya has witnessed considerable upheaval in the past few years but now, at the end of 2012, the country is emerging from the debris and is preparing for extensive reconstruction activity. However, the local cement industry will need to carry out massive expansion to its production base or face being flooded by imports. By Mohamed Douas, El-Kafaa Co, Libya. As peace returns to Libya, the country resumes its position, along with Algeria, as one of the Mediterranean's most important ...

Pakistan October dispatches down on falling exports

06 November 2012, Published under Cement News

Pakistan cement dispatches in October 2012 fell by 5.87 per cent mainly due to a steep 20.59 per cent drop in cement exports, data from the All Pakistan Cement Manufacturers (APCMA), showed. Dispatches for the month stood at 2.767Mt, down from the 2.939Mt recorded in the same month last year. Local dispatches were 2.086Mt, representing a marginal rise of 0.19 per cent compared to 2.082Mt in October 2011.    In the first four months of this fiscal year, total cement dispatches stood at 10.4...

Pakistan exports to India decline

02 November 2012, Published under Cement News

Pakistan cement exports to India have registered a decline of 15.67 per cent in the first quarter of current fiscal year, standing at 137,742t compared to 163,340t exports in the same period of last year, said Aizaz Mansoor Sheikh Chairman Association of Pakistan Cement Manufacturers (APCMA). Exports to India have been in constant decline ever since the two countries opened their borders for liberal bilateral trade, according to industry sources. Pakistan traders blame the stringent No...

Iran six month output hits 36Mt

30 October 2012, Published under Cement News

Cement production in Iran during the first six months of the current Iranian calender (beginning 20 March 2012) has reached 36Mt, Esfandiar Salarvand MD of Fars & Khuzestan Cement Company, told local press. Mr Salarvand said that Iran plans to export 12Mt of cement in the current calender year. Last month, Vajihollah Jafari deputy industry minister of Iran said that Iran plans to produce 75Mt of cement by the end of the current Iranian year (20 March 2013). According to Mehdi Ghazanfa...

Pakistan’s 1QFY13 cement exports rise in value terms

25 October 2012, Published under Cement News

Pakistan cement exports in the first quarter of the current fiscal rose in value terms YoY but in quantity terms volumes are still declining, according to data from Pakistan’s Bureau of Statistics. During the period from July-September 2012, US$146.321m worth of cement was exported which was up by 42.35 per cent compared to the same period of last year. However, in terms of quantity, exports totalled 1,899,791t in the first quarter of FY13 compared to 2,158,429t in the first quarter of FY...

Pakistan: the road ahead

24 October 2012, Published under Cement News

With a low per capita domestic demand, plenty of potential for infrastructure development, post-flood reconstruction and export opportunities, Pakistan’s cement sector appears on track towards a better future. By Galadari Cement, Pakistan. The thriving city of Lahore, Pakistan Bordering Afghanistan, India and China, Pakistan holds a very strategic geographical location. Home to more than 180m people, the country also has close linkages with the Arab world. Its economy rank...

Iran forecast to produce 75Mt cement by year-end

22 October 2012, Published under Cement News

Iran is projected to produce 75Mt of cement by the end of the current Iranian year (March 20, 2013), according to local news reports. ISNA quoted Iranian deputy industry minister, Vajihollah Jafari, as saying that production capacity will be 86Mt by the end of the year. Iran exported over 6.8Mt of cement during the first six months of the current (Iranian) year.

Fitch affirms Societe des Ciments d'Enfidha's long-term rating, Tunisia

17 October 2012, Published under Cement News

Fitch Ratings has affirmed Tunisia-based cement manufacturer Societe des Ciments d'Enfidha's (SCE) National Long-term rating at 'BBB(tun)' and National Short-term rating at 'F3 (tun)'. The Outlook is Stable.  The affirmation reflects SCE's recovery of an adequate trading performance in the first eight months of 2012 after production recovered to pre-revolution levels at its Enfidha plant. Despite expected lower operating margins in 2012 compared to historical levels due to rising energ...

Exports to Libya increase value of Egyptian exports

16 October 2012, Published under Cement News

A rise in exports to Libya have driven an increase in the value of Egyptian exports in September 2012 on annual basis for the first time in six months. According to the latest release from the Industry and Commerce on Monday said the increase in the value of construction materials from EGP2.8bn in September 2011 to EGP4.8bn in September 2012 drove the spike. The total value of all Egyptian exports reached EGP11.7bn (US$1.9bn) in September 2012 versus EGP10.17bn in the same month last ...