Cement News tagged under: trade
Building on diversification15 February 2021, Published under Cement NewsKuwait 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... |
Armenia extends import ban for six months29 January 2021, Published under Cement NewsArmenia has extended a ban on cement imports from non-Eurasian Economic Union (EEU) countries for another six months, according to ArmenPress. The aim of the ban is to protect the domestic market and domestic production. The previous temporary ban had expired on 1 January 2021. |
Georgia sees production fall 6% in 1H2015 December 2020, Published under Cement NewsGeorgia manufactured 1.06Mt of cement worth GEL152m (US$46.2m) in January-June 2020, down 6.2 per cent YoY from 1.13Mt in the year-ago period, according to GBC News. The country also imported 570,000t of cement in the first nine months of 2020. |
Sri Lanka sees production up 9% in 9M2014 December 2020, Published under Cement NewsSri Lanka has seen domestic cement production rise 28.7 per cent YoY to 375,000t in September. In August production was up by 17.4 per cent YoY to 392,000t. Overall, cement production increased 8.5 per cent to 2.82Mt in the first nine months of 2020, compared to 2.6Mt in the same period of last year. Meanwhile, cement imports declined 19.7 per cent in September to 300,000t from 374,000t in the year-ago period. Cumulative imports for the 9M20 fell 33.1 per cent YoY to 2.54Mt from 3.8Mt.... |
Saudi Arabia saw cement sales rise 17% in November10 December 2020, Published under Cement NewsCement sales in Saudi Arabia increased 16.5 per cent YoY to 4.75Mt in November 2020, driven by the Ministry of Housing’s programmes, according to NCB Capital Co. On a monthly basis, local cement sales edged up by 0.7 per cent in November, reaching the second-highest monthly figure since January 2017. Clinker production was down 0.8 per cent MoM to 4.3Mt, but cement production saw a modest rise of 1.1 per cent to 5Mt. Clinker exports surged 85 per cent YoY to 490,000t, while the coun... |
Iran's cement exports fall 24% YoY03 December 2020, Published under Cement NewsThe value of Iran’s cement exports in the first seven months of the current Iranian calendar year (20 March-21 October) reached more than US$163.4m, down 11 per cent compared to the same period last year. The quantity of cement exports also fell 24 per cent YoY to 7,630,428t. |
Turkish cement exports to Turkmenistan rise by 79% in 9M2001 December 2020, Published under Cement NewsCement exports from Turkey to Turkmenistan increased by 79.1 per cent from January through September 2020, compared to the same period in 2019, amounting to US$14.8m, the Turkish Trade Ministry reported. In September 2020 cement exports from Turkey to Turkmenistan fell by 1.6 per cent compared to September 2019 and amounted to US$1.4m. In the same month, Turkey exported US$344.6m worth of cement to world markets, which is 13.4 per cent more than in the same month of 2019. Over the... |
Cem'In'EU speaks out on Carbon Border Adjustment Mechanism05 November 2020, Published under Cement NewsCem'In'EU, a French industrial start-up committed to produce a low-carbon cement, calls upon the European Commission to design a well-fitted Carbon Border Adjustment Mechanism (CBAM) that will not be distorted into a protectionist tool for highly-polluting industries. "During the ETS III, the cement industry has received a windfall profit EUR3.5bn, of which none have been invested to modernise the European assets and decrease the CO 2 emissions," said Vincent Lefebvre, president and f... |
Pakistan records 33% growth in October cement dispatches03 November 2020, Published under Cement NewsPakistan's domestic and overseas cement dispatches figures for October 2020 are officially yet to be released by the All Pakistan Cement Manufacturer Association (APCMA), but Lucky Cement Ltd's CEO, Mohammad Ali Tabba, has estimated a record growth to 5.7Mt, increasing from 4.4Mt in September 2020. The MoM rise of 29.5 per cent in dispatches in October was possible due to the increase in domestic and export demand as well as the speedy momentum in Pakistan's economy. During an intervi... |
Bangladesh suspends unloading of imported clinker22 October 2020, Published under Cement NewsThe unloading of imported clinker and other commodities in Chittagong and Mongla ports in Bangladesh remains suspended due to an indefinite strike called by Water Transport Workers for the last two days. As a result, offloading from 20 foreign vessels laden with 0.91Mt of clinker, one vessel with 55,000t of gypsum and four ships with 224,598t of limestone at Chittagong Port is being delayed. At Mongla Port two ships were laden with clinker, one each with slag and coal cargoes are waiti... |