Cement News tagged: Trading
Cement consumption will grow seven per cent
Cement consumption in India is likely to grow at around 7 per cent in 2004-2005, according to MS Gilotra, Managing Director of Saurashtra Cement Ltd (SCL) and Gujarat Sidhee Cement Ltd (SCGS). In 2003
Philippines cement makers want extra import tariff kept
The Cement Manufacturers Association of the Philippines, or Cemap, has asked the government to extend by another four years the so-called safeguard tariff imposed on imported cement to ensure the viab
Vietnam to Face Possible Cement Crisis
Vietnam may face a serious shortage of cement in the near future due to increasing demand and slow implementation of cement projects nationwide, according to the head of Construction Material Manageme
Parliament OKs 41% cement duty; CCC to invest, Jamaica
Jamaica’s parliament has approved the 40.8% duty on imported cement, clearing the way for Caribbean Cement (CCC) to carry out the postponed US$100m capital investment in its Kingston plant, the
Eurocement Group discloses cement output
In Jan-Oct 2004 Eurocement Group produced over 8Mt of cement 2004, a 13.2 per cent increase against the figure posted in the same period 2003, the company’s press service said.
Cement firms yet to capitalise on Gulf demand
Northern Pakistan manufacturers have not been able to capitalise on rising cement demand from the UAE and other Gulf states as they are not quoting competitive prices which they claim is on account of
Mitsui to pull out of cement business
Mitsui Japan has decided to withdraw from its cement business because of poor earnings prospects, The Nihon Keizai Shimbun learned Monday. The major trading house plans to stop doing business with Tai
Mexico cement output up 4 per cent Jan-Oct
Cement production in Mexico rose 4.16 percent in the first 10 months of the year on strong demand from a buoyant housing sector and expanding public works amid an economic expansion. According to figu
Cement units demand withdrawal of freight rates hike, India
The Cement Manufacturers’ Association of India has demanded immediate withdrawal of the hike in railway freight rates, saying the hike would lead to unsustainable increase in production cost.
Railways raises coal freight rates
Due to high fuel costs, state-run Indian Railways has raised the freight rates on a range of goods including cement, iron ore and coal.
China’s export of cement in September
China exported 750,000t of cement valued at US$23.666m in September 2004. The export in January-September reached
Vietnam likely to lack coal for cement production
Vietnam will need 1.3Mt of coal next year, but it is in danger of serious shortage of the material, said officials from Vietnam Cement Corporation (VNCC).
Torah Portland Cement
Egypt: Torah Cement’s 1H FY04 financial results, slightly above expectations, revealed impressive 33.5% annual top line growth arriving at LE281.9million, a function of both improved cement pric
Investors advised to sell shares in...
Analysts at Helaba Trust are advising investors to sell shares in HeidelbergCement, the German cement manufacturer.
UAE cement firms sales
The 11 cement companies in the UAE sold about 10.7Mt of cement in 2003 for an estimated total sales of Dh1.75 billion.
Vietnam to raise cement prices
To prevent further losses, the cement sector must raise prices due to the increasing costs of imported materials, according to the Vietnam Cement Association.