Cement News tagged under: Trading

RSS feed

Vietnam to import 4.5Mt of clinker

10 February 2004, Published under Cement News

To meet the local demand for cement production this year, the country must import 4.5Mt of clinker, said the construction ministry. More than half of these imports will be needed in the first six months of 2004, with Viet Nam aiming to produce 26Mt of cement, 10 per cent more than last year. In 2003, the country imported 3.5Mt of clinker.

Kenyan distributors in plea over cement sales

09 February 2004, Published under Cement News

Local cement distributors have appealed for President Kibaki’s intervention in the cements market to stop on-going monopoly.  A spokesman for the distributors, Mr Paul Njuguna, accused East African Portland Cement and the Ministry of Trade and Industry of negotiating with an unnamed distributor to force others out of the market.  In a statement, Njuguna cited a government-sponsored restructuring of the company, which led to the removal of its monopoly in cement distribution in the country la...

Cemex inaugurates Pichilingue terminal

06 February 2004, Published under Cement News

 Cemex is inaugurating the Mexican Pichilingue Marine Terminal, according to the company¹s president in Mexico, Juan Romero Torres. Pichilingue is situated north of La Paz, at the Gulf of California, southern Baja California. During its construction 150 jobs were directly generated and its operation guarantees formal work for over 30 people Source : El Universal ­ 4 February 2004 (Spanish language)

Cemento opens Bahia Las Minas bulk terminal

02 February 2004, Published under Cement News

Cemento Panama has opened a US$6.5m bulk cargo terminal at Bahia Las Minas port in Panama’s Colon province, the presidency reported.  Banco General and Citibank helped bankroll the terminal "Terminal Granelera Bahia Las Minas," which will move solid industrial materials, in particular clinker and other derived products.  Panama’s cement consumption is 890,000t/y, of which 48 per cent belongs to Cemento Panama, which belongs to Corporacion INCEM whose principal shareholders are Holcim and Ceme...

Chinese economy blamed for cement trade problems

02 February 2004, Published under Cement News

China’s booming economy is claimed as responsible for the loss of 2Mt of Thai cement exports this year. It’s not the stronger baht, the artificially low Chinese yuan or the Chinese competing with Thai producers in cement. "China’s high growth has drawn in most ships and pushed up regional freight rates," said Chantana Sukumanont, senior vice president of Siam City Cement Plc, Thailand’s second largest cement producer. "The freight costs have doubled during the past few months, and the situat...

Philippines’ DTI to reduce inspection period

28 January 2004, Published under Cement News

The Department of Trade and Industry is contemplating on shortening the inspection period for imported cement to make it easier for imports to come in times of higher prices of locally produced cement.  Trade and Industry Secretary Cesar V. Purisima issued the statement in light of the continued increases in the prices of cement.  He said that by reducing the inspection period for imported cement, the supply of cement can easily be increased if prices of local cement are high.  At present th...

Portland imports raw materials from Egypt

22 January 2004, Published under Cement News

Following the closure of its major plant at Changalume in Zomba in 2002 reportedly due to dwindling limestone deposits, Portland Cement (1974) Limited is importing clinker, the crucial raw material for producing cement, from Egypt in North Africa. Portland Cement General Manager Anthony Rix confirmed the development in a written response to an inquiry that the price of clinker landed in Malawi will be competitive when all parties have worked on the logistical problems of using Nacala corrido...

Philippine price check

21 January 2004, Published under Cement News

Consumer groups have urged cement firms located in areas where retail prices have reached as high as P150 per bag to publish their prevailing rates as well as price commitment until June this year to promote transparency in their businesses.  Consumer and Oil Price Watch Chairman Raul T. Concepcion has proposed this in the light of the continued rise in cement prices.  He noted that prices in Metro Manila have gone up P125 per 50-kilogram bag of cement compared to previous prices of P117 to ...

DTI mulling further P5 cut

19 January 2004, Published under Cement News

The Philippine Department of Trade and Industry (DTI) is contemplating on further slashing another P5 off the definitive safeguard duty imposed on all cement imports because of the continued increase in the prices of cement in the National Capital Region, as well as in the provinces.  Trade Secretary Cesar Purisima told reporters that the government is considering another P5 cut on the P15.6 per 40-kilogram bag of imported cement after the DTI received reports that prices of cement in the pr...