Pakistan: new federal budget to increase cement demand
Pakistan’s new federal budget, set to be announced in the next few weeks, looks set to provide a fillip for the country’s cement producers by boosting demand. Through the federa...
Tax
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Nigeria: Dangote majority contributor to solid mineral revenues
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that Dangote paid NGN15.9bn (US$80m) in taxes on solid minerals in 2013, more than the rest of the...
Aalborg welcomes decision to phase out NOx tax
Following Denmark's Budget 2016 announcement, domestic cement producer Aalborg Portland has “warmly” welcomed the government's decision to phase out the NOx tax from 1 July 2016.
Chile: Cemento Polpaico to pay US$14.6m in back-taxes
Cemento Polpaico reported that the Chilean tax office (SII) has ordered the cement producer to pay U$14.6m in back-taxes for the years 2012 and 2013. Liquidations have led to US...
India: CMA calls for lower tax on cement
India’s Cement Manufacturers Association has urged the government to lower the overall tax on cement by 20-25 per cent. In a pre-Budget representation, the industry body said de...