Cement News tagged under: import

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Bangladesh cuts AIT to 3%

24 December 2019, Published under Cement News

Bangladesh’s government has reduced the rate of advance income tax (AIT) on the import of cement raw materials from five to three per cent, according to The Financial Express. The National Board of Revenue issued a statutory regulatory order following a demand by cement producers, who had demanded a full waiver of AIT. "The cut reflects that the government has realised the problem of the sector," Bangladesh Cement Manufacturers Association (BCMA) President, Mohammed Alamgir Kabir, said i...

Spanish cement demand falls 4% in November

20 December 2019, Published under Cement News

Cement consumption in Spain fell 4.4 per cent YoY to 1.104Mt in November, according to Oficemen, the country’s cement association. In the year to date, demand has reached 13,321Mt. Exports dropped 30.2 per cent YoY to 0.449Mt from approximately 0.648Mt in November 2018. In the January-November period exports have dropped 21.5 per cent YoY to approximately 5.842Mt. Meanwhile, imports, of mainly clinker, have grown 41 per cent in November and 100 per cent in the year to date to 0.45Mt. “A...

Imports into Bangladesh fall in FY20-19

09 December 2019, Published under Cement News

Imports of clinker and cement into Bangladesh fell from US$776m in FY17-18 to US$643m, according to the FY18-19 Financial Survey, released by the country's Ministry of Finance. However, the latest financial year's figures are likely to be revised after receipt of the final import data. Imports have shown a mixed trend in the last five years. They fell from US$638m in FY14-15 to US$574m the following year but picked up in FY16-17 to US$644m. Cement producers in Bangladesh import clinker...

Saudi Arabia set for recovery?

27 November 2019, Published under Cement News

While the latest data of the Saudi cement market has provided some reassurance in terms of the sector’s recovery, the reality on the ground urges more caution going forward as spending on megaprojects is only gradually picking up. However, there are positive signs such as emerging export opportunities and improving cement prices. By Pritish K Devassy, Al-Rajhi Capital Research, Saudi Arabia. Yanbu Cement, awarded Cement Plant of the Year in the recent ICR Cement Industry Awards 2019, ...

Emerging Senegal

10 September 2019, Published under Cement News

Senegal, home to one of west Africa’s largest cement industries, is a nation on the rise. Long-term political stability has resulted in sustained economic growth. Looking ahead, President Macky Sall’s government is pursuing an ambitious development strategy supported by important new oil and gas investments. This will help to ensure domestic cement demand is able to sustain the cement industry and its three integrated producers. Robust growth in Senegal’s cement demand is expected to ...

Kazakhstan: staking a claim

23 April 2019, Published under Cement News

While Kazakstan’s cement demand fell in 2018, the future holds the promise of an expanding domestic market and increasing export sales. Therefore, domestic cement producers are expanding capacity while new entrants stake a claim to future cement market growth. By Joseph F Govreau, Industrial Info Resources, USA. With ambitious infrastructure development programmes and a robust residential construction market, Kazakh cement producers are expected to enjoy rising cement demand in the...

Proposed ban of petcoke import not to apply to cement industry

25 August 2017, Published under Cement News

India’s Environmental Pollution Control Authority (EPCA) is determined to get a ban on petcoke import, although the ban would not apply to the cement industry, according to Sunita Narain, green activist and member of the EPCA. "We have recommended a ban on petcoke import into India and we have recommended a ban on the use of petcoke in all industries other than cement," Ms Narain said. The Supreme Court-appointed EPCA has pitched using India's own domestic petcoke in the cement indus...

Samson receives order for four Eco Hoppers from the Port of Mombasa

25 July 2017, Published under Cement News

Samson Materials Handling Ltd has received an order from TradeMark East Africa for four Eco Hoppers to be installed at the Port of Mombasa in Kenya. As they will be employed to import coal as well as clinker and gypsum, the Eco Hoppers will include ATEX-compliant explosion protection, the first such installation of its kind. Samson Eco Hoper Key to the operation is the management of air quality and fugitive dust. The ambient air contains considerable levels of dust and is char...

Iran: IME to resume cement trading

05 January 2017, Published under Cement News

The Iran Mercantile Exchange’s (IME) export trading board, established to curb unhealthy competition among cement producers and other trades, is all set to resume cement trading, the head of the country's Cement Employers Association, Abdolreza Sheikhan, said. Founded in 2006, IME trades in agricultural, industrial and petrochemical products in the spot and futures markets. Iran's cement industry has been dealing with low demand and the consequent liquidity issues for the past few years,...

PPC

19 October 2016, Published under Cement News

Effective 1 October 2016 Zimbabwe's authorities have introduced a tariff of US$100/t on cement imports. The move comes after a number of cement producers, including PPC, warned that they may have to consider scaling down or closing their operations due to the influx of cheap imported cement. Zimbabwe is reportedly importing cement from Botswana, South Africa and Zambia despite the country’s cement production capacity being more than sufficient to meet domestic demand.  Darryl Castle, chie...