Cement News tagged under: Trading

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Cement companies created price rise?

13 March 2006, Published under Cement News

Concerned over the unprecedented rise in cement prices during the last two months, a body of engineering construction contractors on Friday blamed top cement manufacturers of creating artificial shortage for increasing the cement prices. "To improve the falling profitability, cement producers have formed an arrangement to jack up the price per bag without disturbing production," Builder’s Association of India Chairman (Delhi) Arun Sahai told reporters. He said the builders were incurring se...

Shortfall in cement production met through imports

09 March 2006, Published under Cement News

There is no cement shortage in Qatar as the shortfall is being adequately met through imports. This was disclosed by the chairman of the Qatar National Cement Company (QNCC), Salem Butti Al Nuaimi, in remarks to reporters after the firm’s annual general meeting (AGM) on Tuesday. The company, he said, was producing 7000 tonnes of cement per day while the demand was 11,000 tonnes. The gap between demand and supply was being met through imports. According to the chairman, by May this year the ...

Cement supplies run dry

09 March 2006, Published under Cement News

An ordering blunder led to Bermuda’s cement stocks running out yesterday by lunchtime with new supplies not set to arrive until Monday. Bermuda Cement Company (BCC) said February had seen record demand which had totally drained its stocks. BCC president Jim Butterfield said: “We owe the public and businesses an apology but we are out of cement. “We made a mistake with the order. There was a price increase and a couple of people rushed the plant wanting to stock up before the increase on Marc...

Shiva Cement hikes prices

08 March 2006, Published under Cement News

Shiva Cement Ltd., has informed Bombay Stock Exchange  that the company has announced an increase in selling price by Rs 20/22 per bag with effect from March, 2006 in view of increase in input cost and transportation/distribution cost.  

Cement quality standard revised

07 March 2006, Published under Cement News

The Bureau of Product Standards (BPS), an agency attached to the Department of Trade and Industry, announced in a press release the revision of the Philippine National Standard (PNS) for Portland cement to align it with specifications contained in the American Society for Testing Materials (ASTM), reports Business World. BPS director Jesus L. Motoomull said in the statement that changes include exclusion of minor and trace oxides, titanium dioxide and phosphorous pentoxide in reporting alum...

Jamaica and those cement import duties

07 March 2006, Published under Cement News

Commerce, Science and Technology Minister, Phillip Paulwell, is today expected to outline the government’s position on the call for the removal of a 41 per cent import duty on cement. Minister of Information, Senator Burchell Whiteman told reporters at yesterday’s weekly post-Cabinet press briefing at Jamaica House that the matter was discussed at Cabinet. "The minister will make a statement on the matter shortly," he said when asked by reporters what had been decided by the government. T...

Pakistan’s cement exports to Afghanistan

07 March 2006, Published under Cement News

Pakistan’s Commerce Ministry has said in a report that cement exports to Afghanistan have increased with the change in weather, says Asia Pulse. The report, released here on Monday, said cement exports to the war-shattered country regained momentum in February following a winter slump. The report noted that 941,840t of cement were sent to Afghanistan over the past eight months from Pakistan. Lucky Cement Factory’s marketing officer Dilawar Shiraz linked the winter fall in cement exports to ...

Venezuelan cement available, though supply limited

06 March 2006, Published under Cement News

Fidelity Investment Inc (FII) has delivered on its promise to have Venezuelan cement by Thursday delivered into Guyana and was selling the product by the truckload yesterday, according to one customer.  The shortage of cement has prompted the government to engage in discussions with the Venezuelan authorities to supply Guyana with 20,000t to 30,000t of the scarce item in four to five shipments. Minister of Tourism, Industry and Commerce, Manzoor Nadir announced this initiative on Tuesday. O...

Experts to assist CCCL with faulty cement investigation

06 March 2006, Published under Cement News

Two experts will arrive on the island tomorrow to assist The Caribbean Cement Company Limited (CCCL) with an investigation into the circumstances surrounding the release of a batch of 500t of faulty Carib Cement into the market. The experts are regional concrete expert, Dr. Robin Osbourne of the Faculty of Engineering at the University of the West Indies, St. Augustine Campus in Trinidad as well as an internationally respected expert in cement and concrete from Construction Technology Labora...

Lucky Cement claims highest export

03 March 2006, Published under Cement News

Lucky Cement Limited has claimed that it has emerged as the largest exporter of cement from Pakistan. Talking to Business Recorder on Wednesday, Executive Director A R Thaplawala said that during the period from July 1, 2005 to February 28, 2006, Lucky Cement exported 218,000t of cement to Afghanistan and Middle East.  He also said the daily production of the plant was around 10,000 tonnes.