Cement News tagged under: import

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Mediterranean trading trends

17 January 2022, Published under Cement News

Cement producers bordering the Mediterranean have seen a shift in trading trends over recent years due to a number of influencing factors. In this report, DGS Consultants explains how cement and clinker trade for the region has evolved over the last two years and, with an expected post-COVID recovery, presents key findings for tomorrow. By Sylvie Doutres, DSG Consultants, France An overview of the Mediterranean trading panorama with expectations for 2022. Pictured: Batiçim’s Batili...

Tanga port receives large clinker consignment

23 November 2021, Published under Cement News

Tanzania’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...

INSEE Cement adds import vessels to address cement scarcity in Sri Lanka

05 November 2021, Published under Cement News

INSEE Cement has added two more import vessels to its operations in order to increase cement supply across Sri Lanka, according to the Daily Mirror. "INSEE Cement continues to operate at maximum production capacity to ensure the Sri Lankan construction industry remains on its path to a successful recovery," said Gustavo Navarro, INSEE Cement’s CEO. "What the domestic market is experiencing is an artificial scarcity that was first created by importers refusing to release their stocks to...

WT to import 50,000t of cement into Jamaica

13 October 2021, Published under Cement News

Jamaica’s Ministry of Industry, Investment and Commerce has granted an import licence to WT Ltd, which trades under the name of Growth Tech Special Projects. The licence enables WT to import 50,000t of OPC  in several shipments from Turkey. WT Ltd is a company founded by Garth Walker, Ryan Reid and Neil Lawrence in 2017. It aims to be the island’s third cement importer. Cement is currently imported by Cemex-owned Caribbean Cement Co and The Buying House Cement Ltd.

Rock Hard Distributors sees import restrictions claim dismissed

22 July 2021, Published under Cement News

The judicial review claim brought by Trinidad and Tobago-based Rock Hard Distributors and St Lucia-based Rock Hard Distribution Ltd against the Ministry of Trade and Industry against the ministry’s steps to introduce a quota on imported cement and a proposal to increase import duties was dismissed by Justice Jacqueline Wilson. The claim sought to challenge the decision made by the ministry on 13 November 2020 introduce import quota from 1 January, allowing only a total of 75,000tpa for all...

Building on diversification

15 February 2021, Published under Cement News

Kuwait has seen its economy heavily impacted by the crisis in oil prices, a lack of diversity and the COVID-19 pandemic. A lack of investment in infrastructure has further seen demand fall for the cement sector, which relies on several importers as well as domestic cement producers. Building ACICO’s new grinding unit, Ball Mill 4, which is scheduled for commissioning in the 1Q21 Kuwait’s economy remains largely dependent on the oil sector, which accounted for more than 90 per ce...

Russia picks up the pace

27 April 2020, Published under Cement News

Following a stagnation of the Russian cement market in recent years, domestic cement producers are expected to see moderate growth in demand in 2020. However, as the government ramps up its national construction projects, market expansion is forecast to accelerate from 2021 onwards. By Alexey Semenov, GS-Expert LLC, Russia. While office construction was down in 2019, other construction markets offset the segment’s decline, resulting in an expanding non-residential construction s...

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...