Cement News tagged under: Trading
Tanga port receives large clinker consignment23 November 2021, Published under Cement NewsTanzania’s Tanga port has received a consignment of 50,000t of clinker from Saudi Arabia, which is reportedly on transit to Prime Cement in Rwanda. Tanga Regional Commissioner, Adam Malima, said: "The government investment in expanding the port has started bearing fruits because the port can now host large vessels, something which was not possible before the expansion," he said. "I call on the Prime Cement Ltd to hold a meeting with Tanzanians haulers and other transport logistics firm... |
Pakistan registers fall in exports during 4MFY21-2222 November 2021, Published under Cement NewsPakistan’s Federal Bureau of Statistics (FBS) reported a 38 per cent fall in exports in terms of dollar value and a 44.2 per cent decrease in export volumes in the 4MFY21-22 when compared with the year-ago period. The cement industry earned US$65.45m of export revenue by dispatching 1.804Mt of cement and clinker overseas, compared with US$105.54m from 3.233Mt of exports in the 4MFY21-22. In local currency terms, exports sales declined 37.6 per cent YoY to PKR10.89bn. In October 2021 alone, ... |
Fancesa signs agreement to export to Paraguay19 November 2021, Published under Cement NewsBolivia-based Fábrica Nacional de Cemento SA (Fancesa) and a Paraguayan construction company reached an agreement to export cement to the South American country. The cement producer will initially ship 20,000 bags per month but as demand in Paraguay advances, will increase its export volumes. All shipments are subject to the requirements of the Paraguayan Institute in terms of resistance, stability and quality management of the product. "We are returning to Bolivia with this signed agree... |
Venezuela to export to Caribbean15 November 2021, Published under Cement NewsVenezuela’s president, Nicolás Maduro Moros, has approved the Cement Export Plan 2022 as part of the country’s aim to diversify its economy. The plan also foresees the export of cement to the Caribbean for the first time. "For the first time, Venezuela will export cement to the Caribbean," President Maduro reported when instructing the Executive Vice President, Delcy Rodríguez, to investigate the mafias that commercialise cement at a premium and sanction them with the full weight of the la... |
Lafarge Algeria hits 2Mt export record03 November 2021, Published under Cement NewsLafarge Algeria, part of the Holcim group, has exported 2Mta of cement and clinker for the first time, according to a company press release. The company achieved the volume less than five years after the start of cement exports from Algeria. The 2Mta volume represents a considerable increase from the 1.2Mt of exports achieved in 2020 and puts the company firmly on the way to its 2.5Mt target by the end of this year. In 2022 the cement producer aims to export 2.6Mt. This symbolic bar of 2... |
Bangladesh's cement industry export revenue dips in 03MF2229 October 2021, Published under Cement NewsBangladesh's cement industry has earned export revenue of US$1.59m in the first quarter of FY22 (July – Sept ), compared to US$1.81m in the year-ago period, a fall of 12.2 per cent YoY. The figure also includes a minor amount of salt, stone and related products, according to the Bangladesh Export Promotion Bureau (EPB) data. Bangladesh exports 90 per cent of its cement to India. Experts believed that the slow arrival of clinker and increase in local consumption, plus the high cost of e... |
Vietnamese exports slip to 5.2Mt in September29 October 2021, Published under Cement NewsCement and clinker exports from Vietnam decreased 1.6 per cent to 5,232,812t in September 2021 from 5,320,173t in September 2020. Clinker exports were down 11 per cent to 3,838,040t when compared with September 2020 while cement exports noted a 54 per cent drop to 1,384,772t, said the Vietnam National Cement Association (VNCA). When compared with August 2021, clinker and cement exports advanced by 32 and eight per cent, respectively. Total exports rose by a quarter MoM. January-September ... |
Carbon at new steady high, but European prices turmoil drive new debate of intervention in power markets25 October 2021, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark As usual, the carbon market set a new all-time high at EUR66 before falling 10 per cent to the current EUR60, five per cent lower than reported in ICR’s previous issue. EUA front-year contract, January 2020-September 2021 A fundamental demand for EUA was seen as several coal-powered plants were put online, driven by higher gas prices. The dark spread was 2x better for coal-fired power production than with gas, setting a true deman... |
Pakistan: 3MFY2021-21 exports mixed19 October 2021, Published under Cement NewsPakistan's Federal Bureau of Statistics (FBS) has released cement and clinker export data for the first quarter (July-September) of FY2021-22. Both value and quantity of exports slid during this period on a cumulative basis compared with the equivalent months in FY20-21, but growth was recorded MoM. Between July-September 2021, Pakistan's cement industry earned US$55.2m of export revenue by dispatching 1.555Mt of cement and clinker overseas, compared to US$72.29m from 2.206Mt of export... |
HC Trading Americas opens Miami office and appoints General Director of Trading18 October 2021, Published under Cement NewsHC Trading Americas, LLC has a new office in Miami HC Trading Americas, LLC has recently started its operations in Miami, USA. From this location, North, Central and South America are served for all cement, solid fuels and associated raw materials. Andrew Preston joined the company as of 27 September 2021 as General Director of Trading for Americas and he leads the team in the new office in the Coral Gables area. In his position, Andrew reports directly to Dr ... |