Cement News tagged under: Trading
New law exempts customs duty on imported cement12 September 2006, Published under Cement NewsThe Emir, H H Sheikh Hamad bin Khalifa Al Thani, yesterday passed a decree exempting various kinds of cement, gravel and reinforced steel imported into Qatar from non-GCC countries from customs duty with retrospective effect from January 1. The new decree is expected to tremendously benefit Qatar’s booming construction industry which is currently plagued by scarcity of different kinds of material. The Emiri Decree No-32 of 2006 was passed yesterday after considering Law No-42 of 20... |
Cement exports to hit 10million (owing to increasing cement consumption in Gulf countries)12 September 2006, Published under Cement NewsCement and clinker exports from India are expected to exceed 10Mt by the end of 2006-2007. The increase in exports is attributed to increasing cement consumption in Gulf countries. The Gulf countries are reporting a 12 per cent increase in consumption annually. |
Exports of cement to hit 10Mt; cement and clinker exports from India is once again set11 September 2006, Published under Cement NewsCement and clinker exports from India is once again set to touch the 10 million tonne-mark by the end of this financial year. Rising consumption in the Gulf countries is the driving force for begind this surge in exports. Industry sources said the export will continue to rise for the next one and a half years at least. The Gulf countries are witnessing a rise of 12 per cent in consumption annually, and the mismatch between demand and supply is expected to continue till FY08. Last time, e... |
Eurocement Group raises price of products 10% on August 1, 200611 September 2006, Published under Cement NewsOn August 1, 2006 Eurocement Group raised price for its products 10%. New prices are mentioned at the official web-site of the company since 15 Aug: the most popular type of cement - M500 D0 costs RUR1,901/t (excluding VAT and transportation), Vedomosti reported. |
Private companies providing more cement to Jamaica in September07 September 2006, Published under Cement NewsSome 42,000 tonnes of bagged cement are expected in Jamaica from Mainland International between September 8 and 12. In addition, Buying House is to provide an additional 30,000 tonnes of cement by September 24. This is the word from the Ministry of Industry, Technology, Energy and Commerce (MITEC), in conjunction with the Incorporated Master Builders Association, the Hardware Merchants Association, and the Jamaica Chamber of Commerce. At a joint meeting at the Ministry today (Septemb... |
Pakistan posts record cement exports in August07 September 2006, Published under Cement NewsThe cement industry managed to export a total of 0.24 million tonnes, which represented the highest-ever export of cement in a single month. Figures released by the All Pakistan Cement Manufacturers’ Association on Monday (Sept 04) showed growth of 26.2 per cent in exports during August over the July exports of 0.19 million tonnes. A.R. Thaplawala, executive director of Lucky Cement Company, claimed that his company had a share of 41 per cent in the exports, which stood at 97,210 tonnes.... |
Egyptian Sinai cement exports 600,000t 200606 September 2006, Published under Cement NewsEgyptian Sinai Cement Company (SCC) has exported 600,000t of cement since the beginning of 2006 to European and African countries such as Italy, Spain, Greece, Cyprus, Sudan and the region of West Africa, CEO Adil Abd-al-Karim said. SCC’s net profit jumped to E£147.3m in the first half of 2006 from E£65.5m (US$11.4m) in the year-ago period. |
Strong improvement in prices and trading volumes on UAE’s two major exchanges05 September 2006, Published under Cement NewsPositive news coming from some UAE companies and the calming down of the situation in Lebanon led to a very strong improvement in prices and trading volumes on the two UAE exchanges, said Middle East monthly market report. The August issue of the report which was issued by Rasmala Investment, a Dubai based company focused on asset management and investment banking, said trading volumes and gains were very much concentrated in market leader Emaar which represented some 70% of total tra... |
Cement company’s MoM dispatches disrupted in India due to monsoons05 September 2006, Published under Cement NewsIndian cement companies came out with their monthly dispatches. These figures assumed significance because this was perhaps the only year where prices sustained high levels even during the monsoon, reports CNBC-TV18. The monsoons are believed to be the reason for the disruption in the MoM figures for most cement companies. For ACC, August dispatches stand at 1.35Mt. The dispatches are up 3.45% YoY and down 4.93 per cent MoM. Their capacity utilisation stands at 79.4%. For GACL, A... |
Cement scandal in carib island04 September 2006, Published under Cement NewsThe Opposition National Democratic Congress (NDC) has condemned a decision by Government to absorb the cost of a private business venture. Speaking to members of the media on Tuesday, leader of the Opposition, Hon Tillman Thomas, described that action as “an abuse of Government” and “exploiting the taxpayers” of this country. Hon. Thomas said, according to information they have, a recent cabinet conclusion had directed that the Government of Grenada shall pay FINCOR in excess of EC$2m. Acco... |