Cement News tagged under: Trading

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Cement carrieir Tzini faces additional fines

01 January 2007, Published under Cement News

The Taiwan Bureau of Environmental Protection under the Yilan County Government issued yesterday another fine of NT$1.5 million to the owner of the stranded Maltese-registered freighter "Tzini" for moving the ship without approval. But the shipping company said it will file an appeal. The 23,000-ton "Tzini" ran aground Dec. 24 about two nautical miles off the eastern Suao Harbor after losing power. At least 100 tons of the more than 700 tons of fuel oil aboard the ship has leaked into adjac...

Vietnam: cement consumption to rise

01 January 2007, Published under Cement News

Vietnam will produce and consume an estimated 34.6 -35.4Mt of cement next year, an increase of about 10 per cent against this year, said the Ministry of Construction (MoC). Cement enterprises will have to import about 5.5Mt of clinker next year to reach the target.

Pakistan ministry may submit cement export plan in ECC meeting

22 December 2006, Published under Cement News

The ministry of industries and production is likely to submit a comprehensive cement export plan and industry’s overall capability to the Economic Co-ordination Committee (ECC) of the Cabinet, in its next meeting, official sources told Business Recorder on Thursday.    Sources said the ECC, in its previous meeting, had discussed cement industry’s situation especially after giving permission for subsidised cement import through land and sea routes.    The ministry of industries had painted ...

Adilabad to become cement transport hub

22 December 2006, Published under Cement News

Three cement firms conduct surveys regarding infrastructure available at the railway station     Adilabad will soon become the hub of cement transport for Telangana and Marathwada regions of Maharashtra considering the interest evinced by three cement majors of Ultratech, Ambuja and Manikgarh located at Gadhchandur in neighbouring Chandrapur district. The three companies have already conducted surveys regarding the infrastructure available at the Adilabad railway station and the potential f...

Nova Cimangola Pledges cement supply to Cabinda Province

13 December 2006, Published under Cement News

The supply of cement, to start next year, for the far-northern Cabinda province is secured in response to demand by local market, said the Cement company’s board of directors chairman, Nelo Victor.    The official told reporters that studies leading to transportation of this product from Luanda to Cabinda have already known positive result.    "We have been studying way how this product could regularly reach Cabinda. We are in good track and from next year the cement will reach the ...

Cement prices inching upwards in Andhra, India

11 December 2006, Published under Cement News

With the month of December usually showing the marked increase in consumption levels in a year, retail cement prices are slowly moving upwards in anticipation of higher demand levels in Andhra Pradesh and a couple of other southern states.   While prices in Karnataka, which are already the highest in the entire southern region at Rs 220-225 per bag, are yet to see any change, they have increased from Rs 4 to Rs 8 per bag in Andhra, Tamil Nadu and Kerala in the last few days.   Unlike ...

India has no plans to end cement duty, ban exports

07 December 2006, Published under Cement News

India has no plans to scrap import duties on cement or ban exports as prices have stabilised after a strong rally earlier this year, a junior industry minister said on Wednesday. "There is no proposal under consideration of the government to do away with the import duty on cement or ban exports," Ashwani Kumar told parliament in a written reply. Cement prices are free to rise and fall depending on market conditions, unlike other products and commodities where rates are capped by the govern...

Cement exports likely to be affected by baht appreciation

07 December 2006, Published under Cement News

Thailand’s cement industry growth in 2007 is expected to driven mainly by a domestic demand while exports of the product will be affected by the baht appreciation and global economic slowdown, according to Kasikorn Research Centre. Revealing an analysis report on “Direction of Cement Industry in 2007,” the leading think tank reported the cement production in the first nine months of this year totalled 30Mt, up 4.8 per cent compared with 8.1 per cent in the same period last year. Domestical...

China’s export of cement in October 2006

05 December 2006, Published under Cement News

China exported 2,890,000t of cement valued at US$91.777m in October 2006. The export in January-October reached 30,860,000t valued at US$1,003.948m US dollars, up 77.1 per cent and 85.9 per cent respectively YoY.

House body asked to start probe on cement cartel, Philippines

29 November 2006, Published under Cement News

Baguio Representative Mauricio Domogan has called on the House committee on trade and industry to immediately schedule the needed hearings so that appropriate remedial measures could be adopted to control the unabated increase in cement prices. Domogan delivered a privilege speech in Congress on September 4, wherein he strongly denounced the skyrocketing prices of cement without the sufficient basis. In his letter to Quirino Representative Junie Cua, chairperson of the House committee on t...