Cement News tagged under: Trading

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Liberia’s CEMENCO waits for bagged cement

03 February 2005, Published under Cement News

Following persistent cries over the shortage and hike in the price of cement on the local Liberian market, the General Manager of CEMENCO, Mr. Pamod Gemawat, has disclosed that about 200,000 bags of cement will arrive in the country by February 17.  Making the revelation Tuesday before the National Transitional Legislative Assembly (NTLA) to brief on the status of cement on the market, Mr. Gemawat informed the NTLA that the stipulated retailed price remains at US $6.30. He told the Assem...

Holcim faces strike action

02 February 2005, Published under Cement News

Holcim New Zealand is facing strike action by cement ship staff.  Two of the three unions representing staff on the Milburn Carrier 2 and the Westport have given notice of strike action from next Tuesday.  The ships transport cement from Holcim’s Westport works to nation-wide depots for customer distribution.  The strike notice evolved from continuing negotiations between Holcim and the New Zealand Merchant Service Guild and the Aviation and Marine Engineers’ Association. Holcim Cement g...

Mexico cement output rises 4 per cent in 2004

02 February 2005, Published under Cement News

Cement output in Mexico increased 4.35 per cent in 2004 from a year earlier as producers increased production to meet rising demand from government infrastructure projects and house building. Cement output, according to figures released on Tuesday by the National Cement Chamber, matched the country’s economic growth. Central Bank chief Guillermo Ortiz said on Monday the economy expanded 4.2 percent in 2004.

Cement dispute settled

01 February 2005, Published under Cement News

The long-simmering dispute between the West End Development Corporation (Wedco) and the Bermuda Cement Company (BCC) has ended with an agreement.  Wedco chairman Lt. Col David Burch and BCC president Jim Butterfield announced the terms of the agreement at a press conference yesterday.  The lease for the current plant will be extended for two years, and after the new plant is built, the lease will be increased to 20 years.  When the new plant is built, the rent will be increased to 2.5 ...

No cement shortage says local supplier

28 January 2005, Published under Cement News

The sole supplier of cement in Brunei Darussalam, Butra Heidelbergcement Sdn Bhd, insists that there is no shortage of cement in the country. Ardi Wijaya, the General Manager of Butra Heidelbergcement, told local news Borneo Bulletin that the company has increased production of cement to match the current demand. It now supplies 1200t of cement to consumers a day, about 36,000 tonnes a month. Last year, the company supplied 20,000t of cement a month. However, the general manager admits that ...

Thai prices likely to rise

27 January 2005, Published under Cement News

The cement price in 2005 is expected to be better than last year said Chumpol NaLamlieng, Siam Cement’s company president. Currently no cement producers dare to raise prices.  Actually, the current price of cement in the local market is not yet at a maximum ceiling as allowed by the Ministry of Commerce.  So there is some room for local cement producers to raise cement prices – he noted. Reconstruction in the six tsunami-hit provinces is likely to lead to stronger demand for cement products, ...

Yemeni Al-Barh cement plant increases output

27 January 2005, Published under Cement News

Yemen’s state-run al-Barh Cement Plant, in the southwestern governorate of Taiz, produced a total 603,233t of cement in 2004, exceeding by 103,233t its targeted output for the year, it was reported on January 25, 2005.   The plant’s clinker production reached 530,628t in 2004, registering an increase of 43,000t over the targeted quantities.   Al-Barh Cement Plant, which sold some 606,000t of cement in 2004, generated sales of 7.408 bln Yemeni rials ($40.7m) over the year, up by 1.024 bln rial...

Iran’s cement export prospects bright

26 January 2005, Published under Cement News

A senior cement industry official said on Monday that favourable investments in recent years have brightened the prospects of exporting cement to international markets. Abbas Safakish, the Ministry of Industries and Mines director general for mining industries, told ILNA that brokers have to be eliminated to create a balance between supply and demand in the sector. "Once the middlemen are prevented from operating in cement market, the artificial rise in demand will not occur and prices will ...

Measures to prevent cement shortage – Qatar

26 January 2005, Published under Cement News

Qatar’s top cement producer QNCC plans to make available some 1.9Mt of cement in the local market this year, anticipating a huge demand for the material in view of the construction boom.  About 60 cement ships are expected to call on Qatari ports in the next 12 months, industry sources said yesterday. Large ships can carry up to 21,000t of cement whereas smaller vessels load about 5000t. "In view of the heavy demand, requests for regular cargoes have been sent to the current cement suppl...

Cement Prices shoot up

25 January 2005, Published under Cement News

A 10 per cent jump in Ugandan cement retail prices to sh20,000 a bag is a result of an increase in factory prices and a seasonal spike in demand, industry sources said last week.   At the beginning of the year, a 50kg bag of cement was selling at sh17,500 in retail outlets.   "We have just moved the price up by sh600 per bag to sh16,650," said Robert Nyang’aya, general manager Hima Cement.  "We have kept our prices stable for the last two years but certain factor inputs have risen during...