Cement News tagged under: Trading

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Cement Exports through Jiangsu Port increase significantly in first 10 months

28 November 2006, Published under Cement News

According to the statistics released by the Nanjing Customs, in the first 10 months, the combined cement export volume through Jiangsu Port was 15.77Mt, up 1.1 times YoY. The export value was US$500m, up 1.3 times year-on-year.   

Chia Hsin Cement speeds up terminal expansion

21 November 2006, Published under Cement News

Chia Hsin Cement Greater China Holding Corporation is going to build a shipping terminal for cement transportation in China. The terminal is located in the Yangtze River Delta and will support Chia Hsin Cement’s cement export business.    Chia Hsin Cement plans to invest US$20m in the terminal expansion. It needs to speed up construction and expansion of ports before the mainland Chinese authority tightens port projects. Chia Hsin Cement will have an annual port handling capacity of 8Mt of ...

Cemex, CCC in talks over floating cement plant

13 November 2006, Published under Cement News

Jamaican firm Caribbean Cement Company (CCC) is in negotiations with Mexico’s Cemex in an effort to reach a supply agreement to help cover shortfalls in the local market, according to local news reports. Under the agreement, a floating Cemex packaging plant would periodically berth at a Jamaican port to bag and deliver cement. "We are still in negotiations, but we have already identified a vessel and the port," CCC’s public relations manager, Lystra Sharp, was quoted as saying. Further cont...

Lafarge South Africa embarks on R1.2bn expansion as demand rises

13 November 2006, Published under Cement News

Lafarge SA, could import about 600,000t of cement and clinker until it increases its capacity in 2008, CEO Albert Corcos said. Several local cement producers have embarked on cement capacity expansion projects because of unprecedented demand. Corcos said the company would source the cement and clinker from within the group and external suppliers, mainly in India and China. He said the company would import the products through its international trading arm Cementia, which he said had acces...

Lafarge confirms it is also importing cement into SA

10 November 2006, Published under Cement News

Lafarge disclosed on Thursday that the company was importing cement to meet a short-term supply squeeze, the first shipment of which it expected to receive before month-end. Speaking at a media function in Johannesburg, newly-appointed CEO Albert Corcos said that the company could import as much as 300 000t of cement, and 300 000t of clinker, a material used in the production of cement, until its R1.2bn capital expansion projects came on-stream, in mid-2008. Local competitors PPC and Holci...

Indonesia’s Semen Gresik, Indocement mull raising cement prices

07 November 2006, Published under Cement News

The country’s two largest cement makers, PT Semen Gresik and PT Indocement, are considering raising cement prices in view of a pick-up in demand in September, the Investor Daily reported. The newspaper quoted Semen Gresik president Dwi Soetjipto as saying: "We believe the cement demand increase in September will be sustained through the year-end. Therefore we will adjust prices." It quoted Indocement’s head of investor relations, Sunu Widyatmoko, as saying Indocement would follow its...

Vietnam market stabilisation measures

06 November 2006, Published under Cement News

The Vietnamese cement market was seeing good signals, but also many shortcomings, the Ministry of Construction said following a meeting with cement companies from the south. The meeting was held to discuss plans to sell cement, and measures to stabilise the cement market in the southern region in the fourth quarter. The cement sector was on track to produce and sell a total of 31.5 million-32.5Mt of cement this year, up 9 per cent on last year, according to the ministry. Cement prices had b...

Semen Gresik, Indocement to raise prices?

06 November 2006, Published under Cement News

Indonesia’s two largest cement makers, PT Semen Gresik and PT Indocement, are considering raising cement prices in view of a pick-up in demand in September, the Investor Daily reported. The newspaper quoted Semen Gresik president Dwi Soetjipto as saying: "We believe the cement demand increase in September will be sustained through the year-end. Therefore we will adjust prices." It also quoted Indocement’s head of investor relations, Sunu Widyatmoko, as saying Indocement would follow its com...

Cement manufacturers urge DTI on sub-standard cement

06 November 2006, Published under Cement News

The Cement Manufacturers’ Association of the Philippines (Cemap) has asked the Department of Trade and Industry (DTI) here to locate and withdraw about 30,000 bags of low quality Chinese Horse brand cement, which have been illegally released for sale in the cities of Davao and General Santos. "To protect consumers from the dangers of using substandard cement products, we request the trade department to trace the buyers of the Horse brand and take back the products to prevent accidents that m...

Stir over increase in cement prices

06 November 2006, Published under Cement News

Opposition Congress and Shiv Sena today lashed out at ruling BJP for increase in cement prices, but the state government said it had no power to check it as cement was a Central subject. "When four years back there was a hike in prices of cement by Rs 5, BJP leaders had protested, terming it as ’(Ajit) Jogi Tax’. Since then it has increased by Rs 80 per bag, and people are asking whether it is (Atal Bihari) Vajpayee tax, (L K) Advani tax or Raman (Singh) tax", said Jogi, the former Chief Mi...