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Cementos Progreso to increase El Salvador presence

30 November 2021, Published under Cement News

Guatemala-based Cementos Progreso is looking to increase its presence in the Salvadoran market. The company seeks to consolidate its aggressive expansion plan following the investment made at its San Gabriel plant in San Juan Sacatepéquez, according to Guillermo Monrroy, the company’s corporate citizenship manager. Cementos Progreso has a cement capacity of 5Mta in its three active plants that not only deliver product to the domestic market but are also expected to strengthen the company’s...

Pakistani cement exporters face several challenges

24 November 2021, Published under Cement News

The exports of cement and clinker from Pakistan have been affected by several factors, including a change in political set-up in Afghanistan, the persistent deadlock in trade between Islamabad and Delhi, anti-dumping duties, and the financial crunch in Sri Lanka, according to Inayat Ullah Niazi, CFO of DG Khan Cement. DG Khan exports its products to Afghanistan, Kenya, Madagascar, Maldives, Mozambique, Seychelles, Sri Lanka and Tanzania. As a result total cement exports declined by 40.4 p...

Petcoke prices fall while coal sees upward movement

23 November 2021, Published under Cement News

Following on from ICR’s most recent energy report , the price of Brent oil fell to US$78.50. The API2 1Q22 contract edged up to US$129.00 while the API4 1Q22 price increased to US125.00. Petcoke prices are finally moving down but this is slow based on indexation. The price of 6.5 per cent sulphur petcoke USGC FOB declined from US$154.00 to US$148.00 while the CFR ARA price fell from US$188.00 to US$176.50. Steam coal and petcoke FOB prices - historical view 2005-21 Coal switc...

Tanga port receives large clinker consignment

23 November 2021, Published under Cement News

Tanzania’s Tanga port has received a consignment of 50,000t of clinker from Saudi Arabia, which is reportedly on transit to Prime Cement in Rwanda. Tanga Regional Commissioner, Adam Malima, said: "The government investment in expanding the port has started bearing fruits because the port can now host large vessels, something which was not possible before the expansion," he said. "I call on the Prime Cement Ltd to hold a meeting with Tanzanians haulers and other transport logistics firm...

Pakistan registers fall in exports during 4MFY21-22

22 November 2021, Published under Cement News

Pakistan’s Federal Bureau of Statistics (FBS) reported a 38 per cent fall in exports in terms of dollar value and a 44.2 per cent decrease in export volumes in the 4MFY21-22 when compared with the year-ago period. The cement industry earned US$65.45m of export revenue by dispatching 1.804Mt of cement and clinker overseas, compared with US$105.54m from 3.233Mt of exports in the 4MFY21-22. In local currency terms, exports sales declined 37.6 per cent YoY to PKR10.89bn. In October 2021 alone, ...

Fancesa signs agreement to export to Paraguay

19 November 2021, Published under Cement News

Bolivia-based Fábrica Nacional de Cemento SA (Fancesa) and a Paraguayan construction company reached an agreement to export cement to the South American country. The cement producer will initially ship 20,000 bags per month but as demand in Paraguay advances, will increase its export volumes. All shipments are subject to the requirements of the Paraguayan Institute in terms of resistance, stability and quality management of the product. "We are returning to Bolivia with this signed agree...

Venezuela to export to Caribbean

15 November 2021, Published under Cement News

Venezuela’s president, Nicolás Maduro Moros, has approved the Cement Export Plan 2022 as part of the country’s aim to diversify its economy. The plan also foresees the export of cement to the Caribbean for the first time. "For the first time, Venezuela will export cement to the Caribbean," President Maduro reported when instructing the Executive Vice President, Delcy Rodríguez, to investigate the mafias that commercialise cement at a premium and sanction them with the full weight of the la...

Lafarge Algeria hits 2Mt export record

03 November 2021, Published under Cement News

Lafarge Algeria, part of the Holcim group, has exported 2Mta of cement and clinker for the first time, according to a company press release. The company achieved the volume less than five years after the start of cement exports from Algeria. The 2Mta volume represents a considerable increase from the 1.2Mt of exports achieved in 2020 and puts the company firmly on the way to its 2.5Mt target by the end of this year. In 2022 the cement producer aims to export 2.6Mt. This symbolic bar of 2...

Bangladesh's cement industry export revenue dips in 03MF22

29 October 2021, Published under Cement News

Bangladesh's cement industry has earned export revenue of US$1.59m in the first quarter of FY22 (July – Sept ), compared to US$1.81m in the year-ago period, a fall of 12.2 per cent YoY. The figure also includes a minor amount of salt, stone and related products, according to the Bangladesh Export Promotion Bureau (EPB) data. Bangladesh exports 90 per cent of its cement to India. Experts believed that the slow arrival of clinker and increase in local consumption, plus the high cost of e...

Vietnamese exports slip to 5.2Mt in September

29 October 2021, Published under Cement News

Cement and clinker exports from Vietnam decreased 1.6 per cent to 5,232,812t in September 2021 from 5,320,173t in September 2020. Clinker exports were down 11 per cent to 3,838,040t when compared with September 2020 while cement exports noted a 54 per cent drop to 1,384,772t, said the Vietnam National Cement Association (VNCA). When compared with August 2021, clinker and cement exports advanced by 32 and eight per cent, respectively. Total exports rose by a quarter MoM. January-September ...