Cement News tagged under: Trade

RSS feed

FY22 ends with mixed export dispatches from Pakistan

20 July 2022, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for July 2021-June  2022. Both value and quantity of exports plummeted during this period when compared with the equivalent months in FY20-21, apparently due to local and external issues.  Pakistan's cement industry in 12MFY21-22 earned US$223.99m of export revenue by dispatching 5.733Mt of cement and clinker overseas, compared to US$267.91m from 7.815Mt of exports in the year-ago period. The export figures...

Kaliningrad construction sector suffers from cement sanctions

05 July 2022, Published under Cement News

The restrictions of Russian cement and metals transit to the Kaliningrad region is having an impact on construction in the Russian province. Anton Alikhanov, governor of the Kaliningrad region, said the the transit of building materials such as cement is   the most critical for the regional economy. "Cement. This is the most challenging for us at the moment. Metals as well. We started experiencing interruptions of cement supplies as early as in spring, because Europeans initiated sanctio...

CEMBUREAU asks for speedy CBAM implementation

23 June 2022, Published under Cement News

The European cement association CEMBUREAU has welcomed the adoption of the European Parliament reports on the EU Emission Trading Scheme (ETS) and the EU Carbon Border Adjustment Mechanism (CBAM) but states that timely implementation of CBAM is key to support the sector’s transition to carbon neutrality. "Our sector needs a coherent and predictable regulatory framework to deliver on its carbon neutrality ambitions. The texts adopted today offer significant improvements on key issues – suc...

Cement exports from Pakistan show a mixed trend

21 June 2022, Published under Cement News

Pakistan's cement exports continued to report mixed trends in the export of cement and clinker cumulative basis for 11 months and in May alone of FY22, according to the Pakistan Bureau of Statistics. AKD Research has attributed this mixed trend to low export prices and increasing coal prices, which have made exports unattractive. Pakistan's cement and clinker exports in the first 11 months of FY21-22 (July 2021 to May 2022) earned US$211.19m in revenue by dispatching 5.465Mt cement and cl...

Vietnam continues to dominate imports in the Philippines

07 June 2022, Published under Cement News

Vietnam’s dominance of cement imports in the Philippines continues to cause concern for local producers. With local demand expected to reach 66Mt in 2025, the Cement Manufacturers Association of the Philippines (CeMAP) has revealed data showing that Vietnamese cement accounts for the bulk of cement imports while deliveries from the rest of the world continue to shrink, according to the Manila Bulletin.   In 2021 the Philippines imported 7.107Mt of cement, of which Vietnam accounted for 6....

Vietnam exports to dip as China weakens

02 May 2022, Published under Cement News

Vietnam’s cement and clinker exports are expected to record an annual drop of 1.5 and two per cent YoY, respectively, to 45Mt in 2022-23, according to VNDirect Securities. This is being blamed on lower demand from China. Vietnam’s cement and clinker exports have surged since China was forced to close many of its factories due to environmental problems and a shortage of power for production in 2017-21. The figure reached 46Mt in 2021, marking a 20 per cent uptick YoY and triple the figure r...

EC agrees on the Carbon Border Adjustment Mechanism (CBAM)

17 March 2022, Published under Cement News

The European Council (EC) has reached agreement (general approach) on the Carbon Border Adjustment Mechanism (CBAM) regulation, which is one of the key elements of the European Union’s ‘Fit for 55’ package. The main objective of this environmental measure is to avoid carbon leakage. It will also encourage partner countries to establish carbon pricing policies to fight climate change. For that purpose, CBAM targets imports of carbon-intensive products, in full compliance with inter...

Pakistan's cement/clinker exports observe a mixed trend in 8MFY22

17 March 2022, Published under Cement News

Pakistan's cement and clinker exports have observed a mixed trend in the first eight months of FY21-22. During a presentation, Mohsin Naqvi, group director finance of Maple Leaf Group – the parent company of Maple Leaf Cement Co (MLCF), has stated that the company is not foreseeing robust growth in export given higher sea freight charges. Hence, the negative trend was also reflected in cumulative export data.   The Pakistan cement industry earned US$179.44m in export revenue by dispat...

Indonesian cement and clinker exports rise to record levels in 2021

11 March 2022, Published under Cement News

Indonesia is rapidly expanding its cement and clinker export activities, with YoY volumes climbing by 25.2 per cent to reach a record 11.610Mt in 2021. By year end, cement exports grew by 46.6 per cent to 1.609Mt, while clinker volumes expanded by 22.3 per cent to 10.001Mt. Bangladesh and the Philippines were major clinker destinations, while cement destinations included Mauritius and the Maldives.

Africa’s 2022 trading outlook

14 February 2022, Published under Cement News

As the African cement sector begins to adjust to a post-pandemic climate, Harpreet Duggal, CEO of trading company Black Rock Cement, UAE, and former CEO of Dangote Cement Tanzania, shares his expert opinion on the outlook for cement trade in the region in 2022. Harpreet Duggal, CEO Black Rock Cement ICR: Could you provide a brief overview of Black Rock Cement’s operations and the global markets it supplies with cement, clinker and raw materials? Harpreet Duggal (HD): Black R...