Cement News tagged under: Trading

RSS feed

Carthage Cement wins 350,000t clinker contract

14 December 2017, Published under Cement News

Tunisia’s Carthage Cement has been awarded the contract for the export of 350,000t of clinker to sub-Saharan Africa with delivery in 2018. The order will allow the cement company to enter the sub-Saharan market and further develop its exports.

LafargeHolcim Algeria celebrates first export from Arzew

11 December 2017, Published under Cement News

LafargeHolcim Algeria will celebrate the first export of grey cement from the port of Arzew by a west African country. The ceremony will take place in the presence of representatives of the Ministry of Commerce and LafargeHolcim Algeria's Director General, Jean-Jacques Gauthier. The shipment is the first since lifting the ban and will see the export of 16,000t of cement from LafargeHolcim’s Oggaz cement plant to Gambia.

India’s petcoke ban to benefit Pakistani cement industry

01 December 2017, Published under Cement News

The recent ban on the use of petcoke in India’s National Capital Region (NCR) is expected to have beneficial impact on Pakistan’s cement industry. While it is predicted that fuel and power costs could rise as world coal prices rise due increased demand from India, the Pakistani cement industry expects to increase its exports to India due to a better competitive position. “The Pakistani cement industry could expect two major implications in the aftermath of the Supreme Court's decision...

Petcoke ban drives India's North American coal imports to new heights

21 November 2017, Published under Cement News

Fears that the Indian government may extend the current ban on petcoke use in the New Delhi Capital Region to the entire country has led to a surge in coal imports from North America, reports Reuters. In October India’s coal imports from North America quadrupled to 2.1Mt when compared with the year-ago period, hitting new heights since January 2015. Moreover, ship tracking data on Thomson Reuters Eikon showed that between 1-20 November such imports are already 70 per cent of last month’s ...

Vietnam 10M17 exports rise 23% YoY

16 November 2017, Published under Cement News

Total cement exports from Vietnam rose to 15.12Mt in the first 10 months of 2017, representing a 22.9 per cent YoY increase. The country’s export earnings were up 13.9 per cent when compared with the year-ago period, reaching US$532.4m, according to the Ministry of Industry and Trade. Bangladesh, the Philippines, Taiwan and Peru were among major importers of Vietnamese clinker and cement, taking a 74.8 per cent share of the country’s total cement and clinker exports in the period. Ban...

Iran exports 7.1Mt of cement in 7FY17-18

15 November 2017, Published under Cement News

Iran has exported cement to the value US$233m in the first seven months of the current financial year (started 20 March 2017). In terms of volumes, 7.1Mt of cement were exported to some 34 countries during this period. Exports included US$5000 of white Portland cement to the US but Iran’s main customer was Iraq, with an offtake of cement to the value of US$64m. Smaller shipments were delivered to Afghanistan (US$46m) and Kuwait (US$23m). In terms of products, white cement was the most...

Fancesa plans to export to Paraguay and Argentina

15 November 2017, Published under Cement News

Following expansion of its Santa Cruz plant, Bolivian cement producer Fábrica Nacional de Cemento SA (Fancesa) has signalled the intent to export cement to Paraguay and Argentina, contradicting earlier plans by the company. "We can not just think about the markets of Santa Cruz or the country, we must expand and reach Paraguay, the north of Argentina, it will be beneficial for the company," Rivero said. The company expects to be able to send its first shipment to Paraguay in the comin...

Cementos Itacamba to export additional 4000t to Argentina

14 November 2017, Published under Cement News

Bolivia’s Cementos Itacamba is preparing a second cement and clinker shipment for export at the end of this month following the success of the first export delivery to Argentina and Paraguay. The second shipment will carry 4000t of cement, an identical amount when compared with the first one, and is set for Argentina via the Paraguay-Paraná waterway. In terms of clinker, the company expects to export 160,000t this year following the opening of the Yacuses plant, which enabled the comp...

State Bank forecasts strong cement demand for Pakistan producers

13 November 2017, Published under Cement News

Pakistan's 11 cement manufacturers are aggressively investing in production capacity, increasing output potential by 30.3Mta (60 per cent) through expansion projectsat a cost of over US$2.225bn in FY17-19 in anticipation of strong domestic demand and improved export potential. Manufacturers are exploring new markets, such as the Philippines, Qatar, Yemen and Sri Lanka to boost their exports following a recent decline, according to a recently-published annual report of the State Bank o...

RAK Cement profits have fallen in 9M17

06 November 2017, Published under Cement News

RAK Cement has seen a 21.2 per cent fall in profits in 9M17. The UAE-based company's net profit totalled AED212,470 (US$57,830), compared to AED7.8m (US$2.12m) in 9M16. RAK Cement's sales amounted to AED137.28m in 9M17, a drop of 5.15 per cent YoY.