Cement News tagged under: Trading
Vassiliko Cement signs new sales contract with Interbulk17 May 2005, Published under Cement NewsCypriot cement maker Vassiliko Cement Works has signed a contract with Interbulk Trading SA, a subsidiary of French cement maker Ciments Francais, for cement sales in 2005, the company announced on May 16, 2005. Under the contract, Interbulk Trading will buy the quantities of Vassiliko cement which the company fails to sell on the Cypriot market in 2005. The cement will be sold in Italy and Spain where cement consumption has increased over the past years. The total value of the contract is ... |
Russian Antimonopoly Service launches investigation17 May 2005, Published under Cement NewsThe Russian Antimonopoly Service has launched the investigation of recent cement price growth. The Russian Antimonopoly Service is preparing an enquiry relating to Eurocement Group and construction organizations, the Russian Antimonopoly Service press service said. |
Qatar National will sell 2Mt in 200517 May 2005, Published under Cement NewsAs Qatar’s construction sector still faces supply problems, Qatar’s top cement producer Qatar National Cement Co (QNCC) intends to make available some 2Mt of cement in the local market this year. Besides boosting its cement output, QNCC is also ordering for fresh imports as Qatar’s construction boom has already tilted the demand-supply balance. QNCC expects to get some 60 incoming shipments by December, an industry source told Gulf Times on Thursday. Large ships that can carry up to 21,0... |
Kuwait Portland Cement Q1 200516 May 2005, Published under Cement NewsThe net profit of Kuwaiti cement trader Kuwait Portland Cement fell to 1.24 mln Kuwaiti dinars ($4.2m) in the first quarter of 2005 from 1.71 mln dinars ($5.8m) in the same period of 2004, the Kuwait Stock Exchange (KSE) reported on May 11, 2005. The company’s net profit for the first quarter of 2005 included a profit of 455,533 dinars ($1.6m) resulting from the application of the International Accounting Standards (IAS) 39 and 40, which state how proceeds from securities and property should... |
Italcementi gets into shipowning13 May 2005, Published under Cement NewsItalcementi, a publicly listed cement maker, is poised to enter the handymax bulker market as an owner. It wants to acquire at least one vessel to serve its Atlantic business carrying cement and petcoke between the Mediterranean and the US. The Bergamo-based manufacturer is making the move because of surging bulk-shipping rates that have pushed up costs and limited its options with respect to the charter of ships. Its decision to acquire handymaxes comes after taking delivery in April of... |
Pleven Cement keeps prices unchanged11 May 2005, Published under Cement NewsBulgaria’s Pleven Cement will not raise its prices, despite higher demand, CEO Strahil Yanchev told local news sources. The weather this winter was good and did not suspend construction works, which helped increase sales, he explained. Pleven Cement posted a profit of BGN 1.1 million for the first quarter of 2005, which shows improved financial performance compared to the year-ago period. The company sold 12,000t more cement than planned. In the summer, sales are expected to rise by 15%. As... |
Azores cement sales down11 May 2005, Published under Cement NewsCement sales in Portugal’s autonomous region of the Azores Islands registered a 2.2 per cent year-on-year decrease to a total 27,496t in March 2005, data from the Azores regional statistics office SREA showed on May 9, 2005. Sales of cement in the region totalled 30,022t in March 2004, SREA added. On the other hand, cement imports in the Azores region grew to 16,541t in March 2005, compared to 10,945t in the same period a year ago. As the Portuguese News Digest reported on April 11, ... |
Iran to capture Afghanistan’s cement market06 May 2005, Published under Cement NewsIran is likely to capture the market in Afghanistan in the next two years according to local press reports in Pakistan. Iran with one of the most economical rates of the commodity was the likely top exporter to the war-shattered country. Iran, it added, was planning to double its cement production apacity to 40Mt and the country is the cheapest cement producer across the globe. This might hit Pakistan’s cement exports not only to Afghanistan, but also to all Middle Eastern countries that ar... |
Vietnamese cement sales rise again04 May 2005, Published under Cement NewsVietnam sold 2.9Mt of cement last month, bringing the total it has sold in the first four months of this year to nearly 9Mt, a Government market managing group has reported. Despite the huge demand for cement, the selling price of this construction material has remained stable at 725,000-760,000 VND a tonne in the northern market and 840,000-930,000 VND a tonne in the southern market. Experts predict that the price of cement will not increase in May despite the high prices of constituent m... |
Indian leading April shipments up04 May 2005, Published under Cement NewsAditya Birla group, India’s top cement producing group, said on Tuesday April cement shipments rose 9.8 per cent from a year ago to 2.48Mt. The Birla group comprises of flagship Grasim Industries Ltd, which sold 1.19Mt last month and UltraTech Cement Company Ltd, which shipped 1.29Mt. Gujarat Ambuja Cements Ltd, India’s third-biggest cement maker, said on Tuesday April shipments rose 4 per cent from a year ago to 1.145Mt. In a statement, the Bombay-based company said production totalled 1... |