Cement News tagged under: competition
COCMAG calls on members to uphold cement sector integrity26 May 2022, Published under Cement NewsCement manufacturers in Ghana are being urged to comply with fair trade practices in a bid to promote the cement industry and protect the integrity of the country’s construction sector. According to the Chamber of Cement Manufacturers Ghana (COCMAG), it is vital that intense competition in the country’s cement sector does not lead to unfair trade practices, such as the production of substandard cement, supplying underweight bagged cement, violating environmental protection matters at ports a... |
Cem'In'Eu awarded damages in competition lawsuit08 October 2021, Published under Cement NewsThe Saint-Nazaire Commercial Court, France, has dismissed all of LafargeHolcim's claims that Cem'In'Eu had been acted unfairly in competition following a claim made in July 2019. The judgement of 28 April 2021 dismissed all of the claims made by Lafarge Holcim Ciments and Lafarge Holcim Distribution in the lawsuit between them and Cem’In’Eu and all of its different group entities including Cem'In'Log. Furthermore, LafargeHolcim has been ordered to pay damages as well as legal costs in ... |
HeidelbergCement opens Quarry Life Award12 May 2021, Published under Cement NewsHeidelbergCement has launched the fifth edition of the Quarry Life Award, its nature-based competition involving more than 20 countries worldwide. Researchers, students, local communities, NGOs and nature lovers from around the world can pitch their ideas for sustainable quarry management, with prizes up to EUR30,000 for the most innovative projects. The Quarry Life Award supports HeidelbergCement and its partners, such as BirdLife International, in raising awareness of biodiversity in gene... |
PPC: Zimbabwe cement sector needs support19 June 2020, Published under Cement NewsZimbabwe’s largest cement producer, PPC Zimbabwe, has called for urgent measures to protect the domestic cement industry from cement imports. Despite having adequate capacity to supply the local market, Zimbabwe remains a destination for cheap and substandard cement products, which are finding their way through the country’s borders as well as via smuggling, according to PPC Zimbabwe Managing Director, Mr Kelibone Masiyane, in The Herald. Mr Masiyane went on to say that the local cement ... |
Romania Competition Council suspects cement collusion09 May 2019, Published under Cement NewsThe prices charged by Romania’s three leading cement producers Holcim, CRH and HeidelbergCement have followed a similar pattern and the geographic distribution of the customers around the companies’ cement plants support suspicions that the three are sharing the market, according to a report on the cement market completed by Romania’s Competition Council. The report is part of a continued investigation into the country’s cement market , started last October. The Competition Council launc... |
Namibia cement demand remains weak02 May 2019, Published under Cement NewsCompetition between cement producers has brought down prices as domestic demand remains fairly low when compared with increasing supply, according to First Capital. In March 2019 domestic production capacity has more than doubled to 2.2Mta, when compared with 1Mta in March 2018 as Whale Rock entered the market. However, local demand remains at 0.6Mta. This has led to a fall in prices with First Capital highlighting a drop of 10.4 and 10.1 per cent for semi- and high-strength cement, respe... |
Infrastructure projects lead to shift in Indian cement demand15 April 2019, Published under Cement NewsThe Indian government’s infrastructure drive is leading to a shift in demand for cement. The last few years have seen cement demand for the infrastructure sector advance by five per cent with the share of the housing sector in total cement consumption falling, according to the Business Standard. Infrastructure now accounts for 20 per cent of cement demand, according to HM Bangur, managing director at Shree Cement. “State and central government road projects and other infrastructure like po... |
Jordan increases cement prices25 July 2018, Published under Cement NewsJordan’s five factories increased the price of cement to JOD74/t (US$104) from JOD38 on Sunday, according to The Jordan Times. The price hike is intended to end the accumulative losses of the companies over the past few years resulting from a recession after the closure of the borders, says Yousef Shamali, secretary general, Ministry of Trade, Industry and Supply. Cement exports had stopped following the closure, except for small amounts to the West Bank, and consequently the price fell fr... |
Decision to fine six Polish cement companies upheld13 April 2018, Published under Cement NewsAfter nine years, the decision of the Polish Office for Competition and Consumer Protection (UOKiK) to fine six manufacturers for alleged collusion has been supported by a court of appeal. The total fine, PLN411m (US$121.33m), has been reduced to PLN280m following the appeal, according to PNB. Amongst the fined companies are Grupo Ozarow (PLN92.5m), Cemex Polska (PLN69.4m), Gorazdze Cement (PLN51.3m), Dyckerhoff Polska (PLN31.4m), Cementownia Warta (PLN23.2m) and Cementownia Odra (PLN12m).... |
CRH Ciment SA and Comnord SA accepts Romania’s Competition Council fine for unauthorised merger16 January 2018, Published under Cement NewsCRH Ciment and Comnord SA have been retrospectively fined RON3,056,314 (US$802,409) by Romania’s Competition Council for the implementation of a merger carried out before receiving the council's authorisation. In its analysis of a recent transaction, through which CRH Ciment SA became the sole shareholder of CRH Comnord SA, the Competition Council found that a previous operation had not been notified and authorised according to current rules, which prohibits mergers without notification a... |