Cement News tagged under: Trading

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Peru’s Nov Cement Sales Rise

16 December 2004, Published under Cement News

Peru’s overall cement sales in November rose 17.4 per cent to 381,250t from the 324,872t sold in the same month a year before, the National Association of Cement Producers, or Asocem, said Wednesday.  In October, overall cement sales totaled 409,921t. Cementos Lima SA sold 166,563t of cement in November, which includes 30,689t sold for export in the month, the association said.  Cementos Pacasmayo SAA, the second largest cement producer, had sales of 62,420t in November, it added.  In th...

Egyptian cement exports up

15 December 2004, Published under Cement News

Egypt’s cement exports jumped 75 per cent year-on-year to over 7Mt in the first 10 months of 2004, the Egyptian Ministry of Investment and Foreign Trade said in a report.   The country’s cement output grew to some 26Mt from 22Mt. Local cement consumption dropped to 16.9Mt from 18.2Mt in this same 10 months despite the increase in production.  The low cement consumption on the Egyptian market during the first 10 months of 2004 was attributed to several factors, including the subdued activ...

Camargo Correa Cimentos prepares 1st US shipment , Brazil

14 December 2004, Published under Cement News

Brazilian cement maker Camargo Correa Cimentos (CCC) plans to export its first official shipment of white cement to the US in 2005, Brazilian news service AE Setorial quoted product marketing coordinator Vanessa Lopo as saying.  Samples have already been shipped to the US for tests and exports there are expected to reach 30,000t, said Lopo, adding that most of the white cement will be used for industrial purposes, such as in mortar production.  White cement exports from its Pedro Leo...

Cement consumption will grow seven per cent

13 December 2004, Published under Cement News

Cement consumption in India is likely to grow at around 7 per cent in 2004-2005, according to MS Gilotra, Managing Director of Saurashtra Cement Ltd (SCL) and Gujarat Sidhee Cement Ltd (SCGS). In 2003-2004, cement consumption wasaround 115Mt in India. While cement production was 123Mt, the country exported around 3.5Mt of cement and 5.5Mt of cement clinker. Cement exports are likely to increase by at least 20 per cent in 2004- 2005. SCGS exports nearly 50 percent of its production of cement ...

Philippines cement makers want extra import tariff kept

09 December 2004, Published under Cement News

The Cement Manufacturers Association of the Philippines, or Cemap, has asked the government to extend by another four years the so-called safeguard tariff imposed on imported cement to ensure the viability of the local cement industry.  Cemap President Felix Enrico Alfiler told reporters that cement makers have asked the Department of Trade and Industry, or DTI, to extend the tariff of PHP15.60, imposed on every 40-kilogram bag, by four years when it expires Friday.  "We want it exte...

Vietnam to Face Possible Cement Crisis

06 December 2004, Published under Cement News

Vietnam may face a serious shortage of cement in the near future due to increasing demand and slow implementation of cement projects nationwide, according to the head of Construction Material Management Department under the Ministry of Construction (MoC), Nguyen Quang Cung.    MoC earlier had forecasted that Vietnam would face a shortage of 8.7Mt of cement next year and 6-8Mt each year over the next couple of years.    The slow construction of cement plants is mainly due to lack of capital p...

Parliament OKs 41% cement duty; CCC to invest, Jamaica

03 December 2004, Published under Cement News

Jamaica’s parliament has approved the 40.8% duty on imported cement, clearing the way for Caribbean Cement (CCC) to carry out the postponed US$100m capital investment in its Kingston plant, the Jamaica Observer reported.  CCC filed for protection in September 2003 with Jamaica’s anti-dumping and subsidies commission, saying it was being hurt by imports and needed to be protected while it upgraded its plant, BNamericas previously reported.  The plant upgrade plan comes in anticipation...

Eurocement Group discloses cement output

01 December 2004, Published under Cement News

In Jan-Oct 2004 Eurocement Group produced over 8Mt of cement 2004, a 13.2 per cent increase against the figure posted in the same period 2003, the company’s press service said. 

Cement firms yet to capitalise on Gulf demand

01 December 2004, Published under Cement News

Northern Pakistan manufacturers have not been able to capitalise on rising cement demand from the UAE and other Gulf states as they are not quoting competitive prices which they claim is on account of high costs of transportation and lack of bulk handling facilities, industry officials said. Demand for cement is continuously rising in the Gulf states for the last five months but only a few of Pakistan’s cement manufacturers have been able to strike export deals for the region and that too no...

Mitsui to pull out of cement business

30 November 2004, Published under Cement News

Mitsui Japan has decided to withdraw from its cement business because of poor earnings prospects, The Nihon Keizai Shimbun learned Monday. The major trading house plans to stop doing business with Taiheiyo Cement Corp and Denki Kagaku Kogyo KK in such areas as domestic sales and exports of ready-mixed concrete. The firm is also considering divesting its stakes in joint ventures that do business in such countries as China. Mitsui generates annual revenue of 45 billion yen (US$438.4m) from its ...