Cement News tagged under: Trading
Govt to probe rise in cement prices03 April 2006, Published under Cement NewsThe Pakistan government has decided to probe the causes of rising cement prices and the ministry of industries and production has issued notices to the cement manufacturers to give exact reasons of the abrupt surge in prices, a senior government official told the Daily Times on Saturday. The government, which is facing a severe criticism over its mishandling of ensuring the availability of sugar at reasonable prices, is likely to face yet another public resentment over the high prices of cem... |
Cement shortage not affecting stadium work03 April 2006, Published under Cement NewsChief Executive Officer (CEO) of the Guyana Local Organising Committee (LOC), Karan Singh has stated that the shortage of cement in the region is not affecting the construction of Guyana’s Providence Stadium. According to an LOC release Singh admitted that cement is in limited circulation in Guyana and that has led to an escalation in cement prices. However, the release said that the high prices has had little impact on the progress of work at Providence Stadium. "This shortage is not affec... |
Carib Cement addresses its problems31 March 2006, Published under Cement NewsCaribbean Cement Company (CCC), a subsidiary of Trinidadian-based TCL Group, finds itself having to address questions about its inability to supply the entire local market and the quality of its cement. Earlier this month, it had to recall a batch of 500 tonnes of faulty cement and then had to halt deliveries for several days. With the construction industry now buoyant with projects such as the construction of yet another Riu hotel, the next phase of Highway 2000, Harmony Cove, the refurbish... |
Importers want full removal of cement tariff28 March 2006, Published under Cement NewsJamacian importers are preparing to lobby the Government for a full removal of the tariff on cement. It’s reported that cement importers want the remaining 15 per cent duty withdrawn to provide easier access for imports. They argue that cement should be duty-free in light of the crisis facing the local construction sector. In the meantime, Independent Senator Norman Horne says he will use the Upper House to lobby for the removal of the tariff. The Government recently slashed the duty on ceme... |
Cement coming from Colombia already sold out27 March 2006, Published under Cement NewsAmid a severe shortage on the market in Guyana, a Colombian exporter of local rice was able to source cement from his native country for Guyana, but over 1900 slings which are expected today have already been sold. Meanwhile, a release from the Government Information Agency (GINA) yesterday said that Cabinet has been informed by the Minister of Commerce, Manzoor Nadir that nearly 5000t of cement will arrive in the country within a week and that the cement would be retailed at a price not exc... |
Cement company resumes deliveries24 March 2006, Published under Cement NewsThe local construction industry received a lifeline yesterday as Caribbean Cement Company Limited (CCCL) partially resumed deliveries of its core product. Yesterday’s resumption in deliveries of bulk cement commenced on a phased basis under stringent quality control measures with "projects of national importance" receiving priority. However, the Incorporated Masterbuilders Association of Jamaica (IMAJ) remained wary yesterday despite CCCL’s announcement. "The industry is dying for cement but... |
Government appeal to cement makers23 March 2006, Published under Cement NewsThe Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, has urged the members of the AP Cement Manufacturers’ Association (CMA) to supply cement at substantially reduced prices for the weaker section housing programme, Indiramma. At an emergency meeting with the cement manufacturers at his camp office on Monday, the Chief Minister said the Government has provided budget provision to build 18 lakh houses in 2006-07. As the cement consumption would go up by three times compared to the... |
Ukrtsement explains cement production decline21 March 2006, Published under Cement NewsThe Ukrtsement Association has explained the year-on-year decline in cement production in January and February by seasonal factors that always influence this kind of production. Association Chairman Anatolii Havriushyn said: "There is always a fall in winter, between December and March. Construction works begin in April, [then] it goes up," he said. Havriushyn also noted that the companies curtailed production volumes because they still had cement in stock. Some experts attributed the decl... |
Cement shortage batters construction sector21 March 2006, Published under Cement NewsCement distribution from the country’s sole manufacturer Carib Cement has come to a standstill. Sources at the company have confirmed reports that no cement has been sent out of the plant since last Thursday. The company says it is trying to find a speedy resolution to the problems, which are linked to the recent recall of inferior batches of the product. The sources say the company is intent on preventing a recurrence of the circumstances which led to several hundred tons of inferior qualit... |
Venezuela imports Cuban cement21 March 2006, Published under Cement NewsVenezuela is to buy 500,000t of cement from Cuba, out of which 5000t will be delivered next week. Housing and Habitat minister Luis Figueroa, who is in Cuba to complete the deal, said they are to define details regarding shipments, ports for delivery of cement, orders and costs. Figueroa said recently that Cuban cement imports were needed because of the inability of local manufacturers to supply. |