Cement News tagged under: Trading

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Cement carrier detained again

18 March 2005, Published under Cement News

A cement carrier operated by Norway’s Kristian Gerhard Jebsen that was detained in the US for security failings on the first day the new law came into effect has been held again. The Danish-flag, 27,100dwt Cozumel Cement (built 1984) was detained in Port Canaveral, Florida, on 26 January after four stowaways from Colombia were discovered.  On 1 July last year, when the International Ship and Port Facility Security Code (ISPS) came into effect worldwide, the same ship was one of several held ...

Bulkcem Nigeria viewpoint

17 March 2005, Published under Cement News

The managing director and chief executive officer of Eastern Bulkcem company, Port Harcourt, Nigeria, Mr. Vincent Nehikdora has identified hostile business environment as the major factor militating against the rapid industrialisation of the country. The government he said, has more work to do if it desires to attract investors.  Nehachora made the identification in Port Harcourt, Rivers State in an interview with Daily Champion.  The managing director declared that the industrialisation of ...

Peru’s February cement sales

16 March 2005, Published under Cement News

Peru’s overall cement sales in February fell 4.9 per cent to 334,171t from the 351,255t sold in the same month last year, the National Association of Cement Producers, or Asocem, said Tuesday.  In January, overall cement sales totaled 366,035t.  Cementos Lima SA sold 170,001t of cement in February, which includes 33,450t sold for export in the month, the association said.  In the first two months of the year, overall cement sales totaled 733,656t, a 6.5 per cent increase from the 688,808t so...

Podilskyi Cement reduces production, Baltcem increases

16 March 2005, Published under Cement News

In February, the Podilskyi Tsement company (Khmelnytskyi region, Ukraine), which is one of the three largest producers of cement in Ukraine,  in which Ireland’s CRH Poland BV owns 94.7 per cent of the shares, reduced cement production by 2.4 per cent compared with February 2004, to 83,000t.   As Ukrainian News earlier reported, in January the Podilskyi Tsement company reduced production by 14.3 per cent or 15,000t compared with January 2004, to 90,000t.   The Podilskyi Cement company, wh...

Cement Demand in Saudi Arabia

15 March 2005, Published under Cement News

Cement demand in Saudi Arabia is expected to increase by up to 80 per cent in the next few years, compared to its current levels, according to unofficial sources from the country’s construction sector, local media reported on March 13, 2005.  The forecast is based on the current boom in the Kingdom’s construction and real estate sector. At present, cement on the local market retails at some 230 Saudi riyals ($61.33) per tonne. 

Aditya Birla cement despatches down

10 March 2005, Published under Cement News

Cement despatches of the Aditya Birla Group during February fell by 0.93 per cent to 2.18Mt over the same month last fiscal while production was marginally up by 0.79 per cent at 2.23Mt. The despatches of Grasim during February 2005 stood at 1.09Mt while production at 1.10Mt, it said in a release here on Thursday. Ultratech’s despatches in the month stood at 1.10Mt while production was 1.13Mt. Aditya Birla Group’s cement despatches during the April-February 05 rose 4.94 per cent at 23.7Mt...

Ghacem pushing up prices again?

10 March 2005, Published under Cement News

Locals have called on government to act fast to stop Ghacem, from introducing the annual price hike ritual. To many, the ritual that is sometimes undertaken three times in a year has assumed monstrous proportions in recent times. They also question the interest of former Council of State member Nana Prah Agyensaim, who they say as the chairman of the Board of the company, should do more to alleviate the burden of the people instead of thinking it more prudent to supervise the public relation...

Somani bags Iraq export order

09 March 2005, Published under Cement News

Somani Cement Company (SCCL) has bagged a Rs32 crore order from a Iraq-based multi-national company.   The Vadodara-based company will export over 50,000t of cement and around 45,000t of clinkers by the end of the next financial year.   "The investment in infrastructure developments works in the Gulf region has led to a surge in demand for cement. With India’s close proximity to the Gulf region, most of the cement exports to the region are from India. We are also targeting the huge oppor...

Retail cement prices set to rise in the north

09 March 2005, Published under Cement News

Retail cement prices in north India are set to increase by Rs10 per 50 kg bag on account of a spike in demand in the region. The prices are currently around Rs 165 for a 50 kg bag.   "After low pick-up in the month of February owing to an extreme winter, sales are now steady. Manufacturers like Shree Cement, who have a strong presence in the region, are likely to push up prices by around Rs 10 a bag," said an industry expert.   Industry experts also pointed out that the southern states of Ta...

Cement prices to rise

09 March 2005, Published under Cement News

In recent times, the Vietnam consumer price index (CPI) has seen sharp  increases in the first three months of the year. In the first quarter  of 2005, CPI may rise 3.5 per cent compared to the last quarter of  2004, according to the Ministry of Trade. The increasing demands for commodities, especially food and  foodstuffs during the traditional Lunar New Year Festival (Tet) was  the main cause leading to an increase of one per cent in CPI in January  2005 against December of 2004. Food and f...