Cement News tagged under: Trading

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Indonesian consumption

31 March 2004, Published under Cement News

Domestic cement consumption in 2004 is estimated to remain at the same level as last year or may increase by, at most, just one per cent, Director of PT Indocement Tunggal Prakarsa (ITP), Thomas Kern, said here Tuesday.  He also explained that in some Asian cement producing countries such as Thailand, Taiwan and the Philipines, cement industries still had excessive production capacities.  Therefore, he said, the export market this year would not be much different from last year so that Indoce...

Pakistan company to export cement clinker

29 March 2004, Published under Cement News

Attock Cement Ltd and the Commodity Company of UAE have signed an agreement for the export of 40,000t of cement clinker from Pakistan for UAE and Qatar markets, a press release said.  This would be the first export from Pakistan to the Middle East.  Attock Cement was the first Pakistani company to export to Bangladesh in 1995.  At present Pakistan is exporting cement primarilt to Afghanistan.

Spring melt opens Detroit to cement traffic

26 March 2004, Published under Cement News

The bulk carrier Capt. Henry Jackman complete with about 28,000t of clinker arrived at Detroit, Michigan. Its arrival marks the unofficial start of the Great Lakes shipping season in the port. The Jackman was the first ship of 2004 to pass through the locks that link Detroit and the Upper Midwest with the world.  On Tuesday, as the Jackman passed through the Welland Lock No. 3 between Lake Ontario and Lake Erie, Capt. Brett Walker donned a traditional top hat for a brief ceremony marking the...

Three arrested for cement scam

26 March 2004, Published under Cement News

Indonesia: The Bogor Police have arrested three men on suspicions of selling bulk, low-quality cement packed in original sacks marked with the logos of major cement makers Tiga Roda and Kujang.  Yulianto Soleh, alias Yanto, 34, Lim Lian Kuang, 30, and Herri Gouw, 36, were arrested in an operation from March 19 to March 22 across Bogor regency and Bogor municipality. Yulianto was arrested in Sukahati village, Cibinong district, Bogor regency; Lim in Yasmin Semplak, West Bogor district, Bogor ...

Indonesian exports

22 March 2004, Published under Cement News

Indonesia’s nine cement producers sold 7.343Mt of cement and clinker for export in 2003.  Clinker exports reached 4.27Mt while cement exports amounted to 3.073Mt.  Bangladesh customers bought 1.90Mt of clinker while Malaysian customers 0.64Mt and Singapore grinders took 0.32Mt. Vietnam buyers taking just 0.22Mt. In terms of cement exports, Nigeria bought 1.14Mt and then Singapore came second with 0.40Mt of deliveries followed by some 0.33Mt to other unspecified African countries. Madagasc...

Cement prices set to stabilise

19 March 2004, Published under Cement News

Cement prices in Andhra Pradesh, India are expected to cross Rs160 per bag in May and stabilise in that region for the next six months on current indicators, say local news reports. Unlike in the past, this time the price hike may not need any concerted effort by the industry and may occur automatically due to factors like a drop in cement supplies from other states, exports and new infrastructure projects that will kick off in the next financial year.  Industry observers here are confident ...

Sinai cement exports increase

18 March 2004, Published under Cement News

According to Al-Sharq Al-Awsat newspaper (March 17, 2004), the Chairman of the Board of the Sinai Cement Company, Mr. Hassan Rateb, announced that the Sinai Cement Company has recently won contracts to exports 600,000t of white and grey cement to a number of Arab and European countries through the current year of 2004. Hassan Rateb added that this cement will be shipped through the Egyptian Al-Arish Port, which is near the companys production facilities in central Sinai, and through other Eg...

Jordan Cement Factories exports

18 March 2004, Published under Cement News

Jordanian cement producer Jordan Cement Factories Company (JCFC) exported 800,000t of cement in 2003, according to the company’s director general, Samir al-Bairaqtar.  No comparative figures were available. The company’s annual capacity stands at some 4.4Mt and local cement demand totals 2.7Mta, al-Bairaqtar said. JCFC will continue to allocate the greater part of its output for the local market. The company has taken all necessary measures to meet the expected increase in local cement consum...

Cement prices yet to fall in Gujarat

17 March 2004, Published under Cement News

Cement prices in Gujarat have remained consistent despite the Gujarat government’s recommendation last week to bring down prices by Rs 10 per 50 kg bag.  Domestic cement majors such as Gujarat Ambuja Cements, Larsen & Toubro and Sanghi Cement have not reduced prices in the retail segment, which are currently being quoted at around Rs 160-165 per 50 kg bag.  The Gujarat government had asked cement manufacturers to roll back prices to facilitate construction in the state. The cement companies ...

Price rise reasons

15 March 2004, Published under Cement News

Indian ement prices have been rising mainly because of the demand-supply mismatch. February demand has gone up by 10 per cent, compared to about 5.5 per cent in all other months. With the government stepping on the gas for completing the Golden Quadrilateral project and the pre-poll fever, demand for cement has shot up, KC Jain, senior president, Vasavadatta Cement, indicated. Inability of the railways to provide wagon supplies to the extent anticipated by the industry and the limits imp...