Cement News tagged: Trading

Saudi Cement companies await upturn on 2Q18 export sales

14 March 2018, Published under Cement News

Saudi cement companies' sales in February fell 11 per cent 3.63Mt compared to sales of 4.09Mt in February 2017. However, analysts are confident that 2Q18 sales will increase on the back of higher exports. Asharq Al-Awsat reported that Saudi Arabian cement companies will rely on completing domestic construction projects and increased exports to raise revenues in 2Q18. "Saudi cement compan...

Costa Rica considers imposing 5% cement tax on net sale price

09 March 2018, Published under Cement News

The Costa Rican Legislative Assembly is to discuss proposing a five per cent tax on imported and locally-produced cement. The bill establishes that "… the tax on cement produced within the national territory or imported, will be of five per cent (5%) on the net sale price, both in the case of the national producer at the level of the production plant and for the importer at the level of the ...

Cimentos de Mocambique denies responsibility for price rises

06 March 2018, Published under Cement News

Cimentos de Mocambique (CM), which operates two cement factories in the northern province of Nampula, has denied authorising any increase in the price of its product. Jorge Reis, the managing director of CM, said his company has nothing to do with the sudden increases in the price of cement charged by retailers, All Africa confirmed. In the last two months the price of a 50kg bag of cement...

Holcim to import 423,500t of clinker into Argentina

05 March 2018, Published under Cement News

Between May and December 2018 Holcim is expected to import 423,500t of clinker into Argentina, worth US$27.52m. The imports will arrive in 10 shipments of 42,350t each. In December 2017 the cement producer announced investments of US$120m to increase cement capacity at its Malagueno plant in Córdoba. The project includes the addition of a complete line with a clinker capacity of 0.512Mta...

Price rise granted for INSEE and Tokyo Cement

Price rise granted for INSEE and Tokyo Cement

05 March 2018, Published under Cement News

The Sri Lanka Consumer Affairs Authority (CAA) today (Monday) has allowed INSEE Cement (formerly Holcim Lanka) and Tokyo Cement to increase the price of a 50kg bag of cement by LKR3 (US$0.019) with effect from last Wednesday, reports the Sri Lankan Sunday Times. The Ministry of Industry and Commerce had given consent to the two companies to increase the cement price subject to the approval ...

Cement price increase in north Pakistan

01 March 2018, Published under Cement News

Cement retail prices in northern Pakistan have increased by PKR10/bag (US$0.09), due to increase in demand, high capacity utilisation (close to 100 per cent in the north) and increase in coal prices, says a report of a local research house.   As a result, retail prices in Punjab have now risen to PKR515/bag (US$4.6/bag) while those in Khyber Pakhtunkhwa (KPK) are now back to PKR500. Anal...

Pakistan exports fall in 7MFY17-18

Pakistan exports fall in 7MFY17-18

23 February 2018, Published under Cement News

Pakistani cement exports during the first seven months of current financial year, July 2017-January 2018, recorded a fall of 15.4 per cent in volume and 18.7 per cent by value in dollars, says data released by Pakistan's Federal Bureau of Statistics. Pakistan exported 2.71Mt of cement and earned export revenue of US$136.46m between July 2017-January 2018, compared to 3.21Mt at US$167....

Caribbean Cement to restart exports

22 February 2018, Published under Cement News

Caribbean Cement expects to restart cement exports following the completion of its US$50m modernisation programme. The programme also includes the commissioning of a new coal mill scheduled for the second quarter of this year, upgrades to both cement mills, a new packing line, and the upgrade and replacement of conveyor belts and dust collectors to boost production to 1.2Mta. Peter Donkersl...

Ministry of Commerce: Cambodia will not ban cement imports

16 February 2018, Published under Cement News

The spokesman for the Ministry of Commerce, Seang Thai reported that Cambodia imported 1.9Mt of cement in 2016 and the opening of the country's largest cement factory last week will still not lessen the need for cement imports. "Cement imports are still highly important for construction, because our cement supply is not sufficient to meet construction growth," Seang Thai said. “We are part ...

Namibia imports 40,000t of Chinese clinker

16 February 2018, Published under Cement News

Some 40,000t of clinker from China was unloaded at Namport, Namibia’s largest port. The clinker will be transported to the new cement plant of Whale Rock/Cheetah Cement, a Chinese-Namibian joint venture, in Otjiwarongo, Otjozondjupa region. "According to one estimate, about 70 trucks will be used to transport the product during this exercise, over a period of 20 days," said Namport Directo...

Vietnam clinker and cement exports up 30%

14 February 2018, Published under Cement News

Vietnam exported 2.9Mt of cement and clinker, valued at US$101.12m in January, representing YoY increases of 32.2 and 30.3 per cent, respectively, according to the country’s General Department of Vietnam Customs. Bangladesh, the Philippines, Peru, Mozambique, Malaysia and Taiwan remained the biggest importers of Vietnamese cement and clinker.

Itacamba expects to export 119,000t to Paraguay and Argentina

06 February 2018, Published under Cement News

Bolivian cement producer Cemento Itacamba projects cement exports of 119,000t to Paraguay and Argentina this year. The company expects to deliver over 60,000t to Argentina as well as starting exports to Paraguay as part of its strategy to penetrate neighbouring markets. In addiiton, it will continue clinker exports to Paraguay, which has already confirmed the sale of 60,000t. The co...

Pakistan's producers plead for import duty rise

01 February 2018, Published under Cement News

The cement industry has urged Pakistan's government to increase custom duty on import of clinker to support the local manufacturers, as exports continue to decline. The industry asks that importers register themselves with Pakistan Standards and Quality Control Authority (PSQCA) to certify the quality of their cement in line with the Indian government as well as all other importing count...

Setubal project to attract cement businesses with panamax berths

31 January 2018, Published under Cement News

Blue Atlantic of Portugal is aiming to offer one of the most efficient cargo transport routes in out out of Europe with plans for an 800m quay able to berth two Panamax vessels in Setubal, 40km (25 miles) south of Lisbon. The 96ha Blue Atlantic Industrial & Logistics Park, in the Port of Setubal, will become a maritime export hub facing the Atlantic Ocean with several specialised terminals op...

Cement producers change clinker import route

30 January 2018, Published under Cement News

Cement plants in the Bara-Parsa Industrial Corridor, Nepal, have started importing clinker from Narayanpur railway station in India after residents in Raxaul barred the transport of clinker citing increased pollution and health hazards. Narayani Cement and Shalimar Cement are bringing in clinker from Narayanpur railway station, some 150km from Raxaul. The cement plants said the consignments...

Vietnam cement producers cut retail prices by US$7.48/t in 2018

29 January 2018, Published under Cement News

Vietnamese cement producers have reduced their retail prices by VND10,000-170,000/t (US$0.44-7.48/t) since the start of this year, according to the Vietnam Ministry of Finance’s Price Management Department. The price cut has been attributed to the falling exports that have left a glut in the domestic market. In addition, cement plants had been producing at full capacity to reduce unit costs....