Cement News tagged: Trading
CILAS ships first clinker exports to west Africa
Ciment Lafarge Souakri (CILAS) carried out it first export operation of 35,000t of clinker from Algeria’s Annaba port to west Africa. The shipment is part of LafargeHolcim Algeria’s drive to export more than 2Mt of product in 2020. "This new transaction underscores the LafargeHolcim Group's unwavering commitment to diversify the country's non-hydrocarbon revenue," said LafargeHolcim Algeria....
CeMAP supports DTI safeguards against rising imports
The Department of Trade and Industry (DTI) has received industry backing to establish safeguards to protect local producers against the rising levels of cement imports in the Philippines. The Cement Manufacturers' Association of the Philippines (CeMAP) supports the safeguards, reporting that cement imports reached 3.4Mt in the first 3Q18. State-owned and subsidised Vietnamese cement producers...
Southern Province Cement to sell 20,000t of cement to Yemen
Southern Province Cement has signed an agreement to export 20,000t of Portland cement to Yemen. The contract expects to deliver the volume over a three-month period, starting from the date of the first shipment, according to Reuters.
Iran exports 7.65Mt of cement and clinker
Iran exported more than 7.65Mt of cement and clinker during the first seven months of the current Iranian year (21 March –22 October 2018). Exports amounted to a 10.2 per cent increase compared with the same period of last year. Abdolreza Sheikhan, the secretary of Iran's Cement Association said cement accounted for 3.8Mt of the exports. More than 50 per cent of the clinker and cement exports...
PPC indicates price rises ahead for South Africa's cement market
PPC has seen group revenues grow by eight per cent to US$40m on the back of higher volumes and PPC's CEO, Johan Claassen, is not ruling out future price rises in South Africa. Mr Claassen said price hikes were necessary despite PPC's estimates that capacity would outstrip demand in South Africa by as much as 36 per cent in 2018. "Our synopsis is that the industry really needs it, and somebod...
Four months export revenue growth
Pakistan's cement industry earned foreign exchange revenue of US$26.74m by exporting 616,648t of cement during October 2018, compared to US$29.05m on 671,913t of cement in previous month. This represents a fall of 7.9 per cent and 8.23 per cent in value and quantity, respectively on MoM, according to the Federal Bureau of Statistics. If compared to October 2017, earnings of US$23.3m on 472...
Itacamba exports 200,000t of clinker
Faced with a oversupply in its domestic market, Bolivia’s Itacamba, is focussing on export markets. To date the company has exported 200,000t of clinker to Paraguay. “We are taking advantage of our border location and in addition, taking advantage of the ports of the Tamengo Canal, the export of clinker-cement has been made feasible. So far we have exported around 200,000t. In 2019 we estimat...
Lao government revokes cement import licence
The Loa Ministry of Industry and Commerce has directed the departments of industry and commerce throughout the country to stop issuing import licences for cement. In future cement imports will be regulated by customs officials at border crossings in line with the regulations, as part of efforts to speed up and streamline business operations in the southeast Asian country.
CMA meets with government Commerce and Industry advisor
During a meeting on 27 October, Pakistan's Cement Industries Association (CMA) has informed the the country's Advisor to the Prime Minister on Textile, Commerce, Industry, Production and Investment, Abdul Razak Dawood, that Pakistani companies are exporting clinker by sea to Bangladesh, where clinker demand and prices have risen. "It's a good breathing space for Pakistani cement manufacturers...
Increased export revenue MoM and YoY for Pakistan producers in 3MFY19
According to the Federal Bureau of Statistics, Pakistan's cement industry earned foreign exchange revenue of US$29.05m by exporting 671,913t of cement during September compared to US$27.57m on 617,745t of cement in previous month. This represents a MoM growth of 5.4 per cent and 8.8 per cent in terms of value and quantity, respectively. Compared to September 2017, earnings of US$17.76m on 3...
Algeria steps up exports
GICA, LafargeHolcim and Biskria are expected to export 0.5Mta of cement and clinker from Algeria by the end of 2018 – mainly via the port of Djendjen, according to Abdesselem Bouab, general manager of the port. Since May, GICA has completed three export deliveries for a total of 110,000t of cement. The company’s total contract totals 200,000t and represents a value of over US$4m. In the near...
Central Bank of Pakistan reviews progress of cement industry in FY18
The State Bank of Pakistan has released its annual report on Pakistan's economy for the fiscal year 2017-18. According to the report, the growth momentum gained further strength as the economy achieved its 13-year highest real GDP growth of 5.8 per cent in FY18. The GDP growth was also broad-based, as all the three sectors – agriculture, industry (including cement) and services – contributed p...
Bangladesh cement exports rise July-Sept
Bangladesh's cement industry recorded export revenue of US$3.17m during July-Sept 2018 compared to US$2.72m of the corresponding year-ago period, according to the Bangladesh Export Promotion Bureau. This is an increase of 16.54 per cent YoY. The export figure also includes a minor amount of salt, stone and related products. Bangladesh’s government has set an export target of US$14m for ce...
Indonesia exports reach 3.62Mt between Jan-Aug 2018
Indonesia's cement and clinker exports have reached 3.62Mt in the January-August 2018 period an increase of 95.8 per cent YoY, reports Indonesian Investments. According to the Indonesian Cement Association (ASI), cement and clinker exports are now forecast to reach 5Mt by the end of 2018, which is massively up on the original target of 3Mt. In the month of August cement and clinker exports ro...
Pakistan cement exports rise during July and August
According to Federal Bureau of Statistics, Pakistan's cement industry earned foreign exchange revenue of US$27.57m by exporting 617,745t of cement during the month of August 2018, compared to US$20.96m from exporting 475,134t of cement in previous month. This equated to a growth of 31.5 per cent and 30 per cent in terms of value and quantity, respectively MoM. When compared with the figur...
Tajikstan sees cement exports rise 37% in 8M18
Tajik cement exports increased to 0.92Mt in January-August 2018, a rise of 37 per cent in average monthly exports when compared with 2017, according to the country’s statistics agency. In 2017 Tajikistan exported 1Mt of cement. The latest figures mark the country’s switch to being a net exporter. More than half (0.52Mt) of cement exports in 8M18 was delivered to Uzbekistan. Other key desti...