Cement News tagged under: trading
Algerian import costs27 February 2004, Published under Cement NewsCement imports into Algeria cost a reported US6.7m according to Algerian customs data. For the whole of 2003 cement imports cost US$156.85m. This increase is explained by the strong demand for cement notably after the earthquake of May 21st, 2003, and the ensuing major housing and infrastructural damage. |
Ukraine cement production25 February 2004, Published under Cement NewsIn January 2004, monthly cement production fell by 28.9 per cent or 148,000t to 364,000t compared with December 2003. In December 2003, cement production rose by 77.7 per cent compared with December 2002, to 512,000t For the whole of 2003 cement production rose by 24.7 per cent to 8,916,000t compared to the year 2002. More than 15 enterprises produce cement in Ukraine, and their total annual capacity is reported at more than 20Mt. |
High coal prices hurting20 February 2004, Published under Cement NewsThe high landed cost of coal into India is hurting the cement companies dearly. From US$35 per tonne early last year, the cost of imported coal has jumped to US$55 per tonne on account of increase in shipping freight and shortage of coal due to China stopping exports in view of high domestic demand. South Korea and Japan, which were procuring coal from China, are now procuring from Australia and Indonesia, thus triggering a shortage. A quick calculation reveals a Rs10 per bag hit for some Ind... |
Cartel hit for cement price increases19 February 2004, Published under Cement NewsPhilippines: the Department of Trade and Industry has been asked to re-evaluate its policies on the cement industry especially now that cement has undergone a series of unreasonable price increase over the past few months. According to officials, they have noticed a series of increases in cement prices over a short period of time and are surprised why the DTI is not stepping in to ensure that cement would remain affordable in the market. Only last December, Nograles, the House Committee on H... |
Egyptian cement exports12 February 2004, Published under Cement NewsEgyptian cement exports came in at 7.6Mt in 2003. Egyptian Cement Company exported the highest tonnages at 2.3Mt of cement and clinker (of which clinker was about 600,000t) which together was equivalent to 30.6 per cent of Egypt¹s total cement exports. Torah Cement reportedly was positioned the second largest exporter, selling 891,000t of cement overseas last year. |
Bamburi Eyeing Great Lakes11 February 2004, Published under Cement NewsBamburi Cement Limited is now eyeing the lucrative Great Lakes region. The company chairman, Richard Kemoli, said in Mombasa that the firm was exploring the possibilities of expanding its market to Rwanda and Democratic Republic of Congo (DRC). "We are aiming at broadening the market reach for our products that are internationally backed by the largest cement producing company - Lafarge," he said. Bamburi will this year be marking its 50th anniversary of operations in the country. Speak... |
Vietnam to import 4.5Mt of clinker10 February 2004, Published under Cement NewsTo meet the local demand for cement production this year, the country must import 4.5Mt of clinker, said the construction ministry. More than half of these imports will be needed in the first six months of 2004, with Viet Nam aiming to produce 26Mt of cement, 10 per cent more than last year. In 2003, the country imported 3.5Mt of clinker. |
Kenyan distributors in plea over cement sales09 February 2004, Published under Cement NewsLocal cement distributors have appealed for President Kibaki’s intervention in the cements market to stop on-going monopoly. A spokesman for the distributors, Mr Paul Njuguna, accused East African Portland Cement and the Ministry of Trade and Industry of negotiating with an unnamed distributor to force others out of the market. In a statement, Njuguna cited a government-sponsored restructuring of the company, which led to the removal of its monopoly in cement distribution in the country la... |
Cemex inaugurates Pichilingue terminal06 February 2004, Published under Cement NewsCemex is inaugurating the Mexican Pichilingue Marine Terminal, according to the company¹s president in Mexico, Juan Romero Torres. Pichilingue is situated north of La Paz, at the Gulf of California, southern Baja California. During its construction 150 jobs were directly generated and its operation guarantees formal work for over 30 people Source : El Universal 4 February 2004 (Spanish language) |
Cemento opens Bahia Las Minas bulk terminal02 February 2004, Published under Cement NewsCemento Panama has opened a US$6.5m bulk cargo terminal at Bahia Las Minas port in Panama’s Colon province, the presidency reported. Banco General and Citibank helped bankroll the terminal "Terminal Granelera Bahia Las Minas," which will move solid industrial materials, in particular clinker and other derived products. Panama’s cement consumption is 890,000t/y, of which 48 per cent belongs to Cemento Panama, which belongs to Corporacion INCEM whose principal shareholders are Holcim and Ceme... |