Cement News tagged under: Exports
Pakistan association calls for intervention on BIS renewals17 February 2014, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) chairman Mohammad Ali Tabba has urged the Indian high commissioner to intervene regarding the renewal of Bureau of Indian Standards (BIS) licences which he claims is impeding cement exports from Pakistan to India. In a letter to the high commissioner, Mr Tabba said APCMA members have been experiencing delays in the renewal /certification process for more than two years now due to security concerns by the BIS. BIS certification, ... |
Vietnam export sales hit new high13 February 2014, Published under Cement NewsMinistry of Construction (MoC), said cement output in 2013 hit 70Mt while sales rose 14 per cent YoY to 61Mt. Cement exports reached a record high of more than 14Mt during the year as producers turn to overseas sales amid fierce competition in an overcrowded domestic market. Vietnam is predicted to witness an oversupply of 8-12Mta of cement due to many cement plants being put into operation, said MoC. At present, Vietnam has 106 cement factories. The oversupply in Vietnam's cement sec... |
Dungsam Cement eyes northeast Indian markets11 February 2014, Published under Cement NewsBhutan-based cement producer Dungsam Cement is looking to market its cement in northeastern India. A wholly-owned subsidiary of the government’s Druk Holdings & Investments, Dungsam Cement operates a 1.36Mta cement works in Nganglam, southeast Bhutan, and close to India. Dorji Norbu, managing director of Dungsam Cement, told the Economic Times that given the relatively small size of the Bhutanese market, the company plans to export 70-80 per of its cement to India. The necessary licens... |
Cherat Cement six-month profit rises 17% YoY, Pakistan10 February 2014, Published under Cement NewsPakistan-based producer Cherat Cement posted a profit after tax of PKR710m (US$6.74m) in the six months to the end of December 2013. This translates into a rise of 17 per cent YoY despite a drop in exports. On a quarterly basis, the company recorded a profit of PKR437m compared to PKR339m in the corresponding period of last year. In FY12-13, Cherat posted a record profit of PKR1.22bn, up 181 per cent from PKR435m in the previous fiscal. Cherat Cement operates 1.1Mta of cement capaci... |
Southern Indian producers start shipments to Myanmar06 February 2014, Published under Cement NewsCement producers in southern India have begun exporting to Myanmar in a bid to boost utilisation rates as regional domestic demand remains subdued. According to reports by The Times of India, Chettinad Cements, India Cements, Dalmia Cements and Ramco Cement have started shipments to Myanmar in the past few months. Dalmia Cements began exporting cement last month with volumes amounting to 10,000-12,000t. Ramco Cements, meanwhile, has shipped around 40,000t cement from Karaikal Port, whic... |
Oman's vision for growth05 February 2014, Published under Cement NewsOman is currently experiencing a growth spurt, which has been reflected in rising cement demand as public spending on infrastructure and real estate climbs steadily. Domestic producers are beginning to satisfy the market through increases in capacity and the prospects for the industry going forward are very encouraging. By Vijay Sridharan, Gulf Baader Capital Markets, Oman. The Sultanate of Oman is becoming an increasingly popular tourist destination, providing evidence of growth i... |
Pakistan 1H export volumes and revenue down22 January 2014, Published under Cement NewsPakistan exports declined both in terms of volume and value in the first six months of the current fiscal, data from the Bureau of Statistics shows. Cement exports totalled 4.206Mt on revenues of US$257.07m compared to 4.681Mt at US$304.31m. This translates into a 10.15 per cent decline in volume and 15.52 per cent fall in dollar value on a YoY basis. In terms of the Pakistan rupee exports were down by 7.41 per cent to PKR26.88bn over July-December 2012 period. The average export price ... |
Cemex to export 100,000t white cement from Sagunto22 January 2014, Published under Cement NewsMexico-based cement producer Cemex anticipates it will export 100,000t of white cement through the port of Sagunto, Spain. A first shipment is expected to leave the port for Greece, carrying 4500t of cement. A second dispatch will deliver a similar volume in big bags. White cement demand has experienced a surge in north African countries as the material is enjoying growing popularity in the construction of both public and private buildings, according Carlos Moreno, Cemex Levante’s directo... |
Pakistan cement sector growth rises 5.2% in FY1320 January 2014, Published under Cement NewsPakistan’s central bank reported growth in the domestic cement sector in FY13 of 5.2 per cent compared to 2.9 per cent the year before. The annual report released last week by the State Bank of Pakistan shows that total growth in large-scale manufacturing recovered from just 1.1 per cent in FY12 to 4.4 per cent in FY13 – the highest rate in the past five years. Officials attributed the growth in the cement and construction industry to stability in building materials prices, a higher all... |
Iran exports rise 36.2% in first nine months13 January 2014, Published under Cement NewsIran exported 14.425Mt of cement and clinker in the first nine months of the current Iranian calendar year, representing a rise of 36.2 per cent YoY. Total exports comprised 11.164Mt of cement and 3.261Mt of clinker, Abdolreza Sheikhan,secretary of the union of cement industry employers, revealed. For the full-year, Iran plans to export 12Mt. The country also plans to increase cement output to 85Mt by the end of next year, according to report. In August, former Iranian Industry, Min... |