Cement News tagged: Trading
Saudi Arabia to cut duty on cement
Saudi Arabia has decided to reduce customs duty on cement from the current level of five per cent to zero per cent within six months as part of a major move to check the rise in cement prices by liber
Cement prices going up soon
From August 1, there will be an increase in the ex-factory price of cement because of rising costs which Claxton Bay producer Trinidad Cement Ltd said it can no longer absorb. New VAT exclusive ex-fac
Ultratech shifts export focus, prefers cement to clinker
As part of the strategy to revive the fortunes of Ultratech Cement and narrow the ’performance gap’ with its parent, Grasim Industries, the Aditya Birla group company, is rejigging its exp
Pakistani denies halting cement exports to Afghanistan
The Pakistani government has rejected media speculation that it has halted cement exports to Afghanistan to bring down prices of the commodity. A senior official at the Ministry of
Qassim Cement first-half profits up
Saudi Arabia’s Qassim Cement said its first-half net profits rose 4 per cent to 131 million riyals ($35 million). Shares in Qassim, the smallest of Saudi Arabia’s listed cement
Odesa Cement raises cement price
As of June 20, the Ukraine cement company (Odesa) increased the price of cement of all brands by UAH 10 to UAH 260-315 per ton. According to a company statement, the company increased the price of c
Podilskyi Tsement increases cement production
The Podilskyi Tsement cement company (Kamianets-Podilskyi, Khmelnytskyi region), which is one of the three largest producers of cement in Ukraine, increased cement production by 21.8 per cent or 37,30
India’s ACC June shipments rise appreciably
Associated Cement Companies Ltd, India’s second-biggest cement maker, said on Monday its June shipments rose 10.5 per cent from a year ago to 1.47Mt. The Bombay-based
Ultratech accounts for higher export sales
UltraTech Cement Ltd a Grasim subsidiary, has an annual capacity of 17Mta. It has five integrated plants (two at Gujarat and one each at Chattisgarh, Maharashtra and Andhra Pradesh), five grinding uni
China, Asean to lower tariffs from July 20
China and Asean are scheduled to lower tariffs on industrial goods from July 20, International Trade and Industry Minister Datuk Seri Rafidah Aziz said today. The tariff reduction is the second phase
Cheaper Thai cement for solving Brunei shortages
Following the recent announcement by the Ministry of Industry and Primary Resources to re-allow the import of cement into Brunei to stabilise the price and ensure continuous supply,
Competition Board may propose single price mechanism
In an interview with Reuters, Mustafa Parlak, Head of Turkey’s Competition Board said that they have worked on methods to prevent breach of competition rules in cement sector, and they might propose s
Ube Industries to Launch in China
Ube Industries, Japan, said Monday it will begin the production and sales of ready-mix concrete in China. The company will establish a wholly owned unit, named Nantong Ube Concrete Co., in Nantong,
Yemen Parliament investigates cement shortage
After summoning Minister of Trade and Industry over cement shortage and Presidential orders given to deal with the escalation in cement prices, a parliamentary committee started investigating the rea
LCCI concerned over hike in cement prices
Contractors in Pakistan are expressing grave concern over sharp rise in cement prices in short span of a few days, have urged the government to take immediate steps to bring the cement prices down. I
Vietnam Cement Corporation increases output
The Vietnam Cement Corporation so far this year has produced and sold 6.5Mt of cement, representing 59 per cent of its yearly target. The corporation has reportedly faced many difficulties this year d