Cement News tagged under: Trading
Indonesia industry Minister against plan to impose custom duty on cement01 March 2006, Published under Cement NewsIndustry Minister Fahmi Idris said a plan to impose a custom duty on cement was inappropriate, arguing it was against the existing legislation. "It is not correct to impose a custom duty on cement as this commodity is not dangerous to human life," the minister said here on Tuesday in response to the Finance Ministry’s plan to impose a custom duty on cement. He said that based on existing legislation, goods that were subject to custom duties were those considered to contain substa... |
JK eyes Pacific for white cement23 February 2006, Published under Cement NewsJK Cement, one of the largest producers of white cement in India is seeking new markets in Australia and New Zealand. The company has registered a growth of 20 per cent in white exports this year, said A K Saraogi, president and CFO. “We have exported 25,000 tonne white cement this year to Bangladesh, Middle East, Sri Lanka, Malaysia and African countries and are looking further,” Saraogi said. In domestic market, 50 per cent of white cement demand comes from industrial consumers and Gujar... |
ACCC exports 19,000t of cement22 February 2006, Published under Cement NewsAccording to El-Khabar newspaper (February 20, 2006), the Algerian Cement Company (ACC), Algeria’s first and only private cement plant, has exported 19,300t of cement and clinker. This cement was shipped through Jen Jen Port in Jijel and Bejaia Port toward Italy, Syria and Libya. ACC is planning to export 700,000t of cement through the current year to European, Arab and African countries. |
India to export cement to Pakistan22 February 2006, Published under Cement NewsPakistani companies are finding it difficult to cope with the rising demand of cement. Accordingly, The Indian Cement Manufacturers’ Association (CMA), an apex body representing most of the domestic manufacturers, has agreed to export cement to Pakistan through the Pakistan Cement Association (PCA), and not directly. The CMA and the PCA met in Pakistan recently to discuss the threat of Indian cement companies finding increased presence in the Pakistani markets. R G Bagla, the group preside... |
Azores cement sales rise17 February 2006, Published under Cement NewsCement sales in Portugal’s autonomous region of the Azores Islands grew by 3.6 per cent year-on-year to 334,000t in 2005, according to data of the Azores statistics office SREA reported by the regional daily Jornal Diario on February 14, 2006. Cement sales on the islands of the Azores archipelago rounded 23,000 tonnes in December 2005 alone, down compared to 32,000 tonnes in the same period a year ago. Apart from details on the cement sales, SREA report on the performance of the regiona... |
Eurocement Trade wins Moscow tender16 February 2006, Published under Cement NewsA tender commission of the Moscow department for coordinating resource supplies to city programs has named Eurocement Trade, as the winner of a tender for the supply of cement to several construction projects in Moscow districts in 2006. The overall volume is one million tonnes. Cement will be shipped on applications within the year on pre-payment terms. |
Vacuum Cleaner for cement14 February 2006, Published under Cement NewsSpecialists of the Novosibirsk-based research and production enterprise ’Vorteks’ developed the world’s only industrial vacuum cleaner intended for cleaning production premises from cement and concrete powder and construction debris. The vacuum cleaner design is based on unique water-air vortical chamber, earlier developed by Novosibirsk engineers, which is capable of coping with great amounts of industrial dirt. |
Ship default prompts resale opportunities14 February 2006, Published under Cement NewsA full ship of cement destined to Ibeto Cement, Nigeria will be sold to prospective buyers as a result of default of US$1.0m in time charter payments due to owners. In addition it has been learned that an import license was never supposedly issued for this cargo, with the Nigerian authorities currently cracking down on imported cement in favour of domestically produced product. Time charter operators declare that they had re-assigned demurrage monies to headowners under the Gencon c/p, but... |
Cemenco blames unscrupulous dealers for price hike13 February 2006, Published under Cement NewsThe management of the Liberia Cement Corporation (CEMENCO) is appealing to the government of Liberia through the Ministry of Commerce to assist in controlling the price of cement on the Liberian market. CEMENCO’s management admitted that some unscrupulous dealers of the commodity are orchestrating the increase in the price of cement on the Liberia market. Reacting to a media report, the CEMENCO Management said it has taken several measures to curtail exorbitant price scandal being orche... |
China 2005 cement output up09 February 2006, Published under Cement NewsChina produced 1.048bn tonnes of cement in 2005, up 11.7 per cent year-on-year, it was reported on February 7, 2006. The sales revenue of Chinese cement makers totalled 260.84 bln Chinese yuan (US$32.28bn) for the year, up 16.2 per cent year-on-year. The profit of cement makers stood at a combined 8.05 bln yuan (US$999m), down 38 per cent year-on-year. Chinese cement exports in the period January to November 2005 totalled 19.37Mt, up 202.6 per cent year-on-year, China’s General Administ... |