Cement News tagged under: trading
Vacuum Cleaner for cement14 February 2006, Published under Cement NewsSpecialists of the Novosibirsk-based research and production enterprise ’Vorteks’ developed the world’s only industrial vacuum cleaner intended for cleaning production premises from cement and concrete powder and construction debris. The vacuum cleaner design is based on unique water-air vortical chamber, earlier developed by Novosibirsk engineers, which is capable of coping with great amounts of industrial dirt. |
Ship default prompts resale opportunities14 February 2006, Published under Cement NewsA full ship of cement destined to Ibeto Cement, Nigeria will be sold to prospective buyers as a result of default of US$1.0m in time charter payments due to owners. In addition it has been learned that an import license was never supposedly issued for this cargo, with the Nigerian authorities currently cracking down on imported cement in favour of domestically produced product. Time charter operators declare that they had re-assigned demurrage monies to headowners under the Gencon c/p, but... |
Cemenco blames unscrupulous dealers for price hike13 February 2006, Published under Cement NewsThe management of the Liberia Cement Corporation (CEMENCO) is appealing to the government of Liberia through the Ministry of Commerce to assist in controlling the price of cement on the Liberian market. CEMENCO’s management admitted that some unscrupulous dealers of the commodity are orchestrating the increase in the price of cement on the Liberia market. Reacting to a media report, the CEMENCO Management said it has taken several measures to curtail exorbitant price scandal being orche... |
China 2005 cement output up09 February 2006, Published under Cement NewsChina produced 1.048bn tonnes of cement in 2005, up 11.7 per cent year-on-year, it was reported on February 7, 2006. The sales revenue of Chinese cement makers totalled 260.84 bln Chinese yuan (US$32.28bn) for the year, up 16.2 per cent year-on-year. The profit of cement makers stood at a combined 8.05 bln yuan (US$999m), down 38 per cent year-on-year. Chinese cement exports in the period January to November 2005 totalled 19.37Mt, up 202.6 per cent year-on-year, China’s General Administ... |
PPC cement prices to rise soon08 February 2006, Published under Cement NewsCustomers of PPC can expect price increases of, on average, roughly 5% soon, says CEO John Gomersall. These could be followed by a further mid-year hike to recoup some of the extraordinary increases coming through from PPC’s suppliers. Gomersall concurred with a First National Bank economic report that price increases last year had been in the vicinity of 10%. Gomersall said his industry had been hit by a number of inflation-plus increases. Coal prices have risen in line with crude oil by... |
Heady climb for cement08 February 2006, Published under Cement NewsThe domestic Indian cement industry is currently passing through a consolidation phase. The industry has experienced a growth of eight per cent (CAGR) for the past one-and-a-half decades. Currently, with 129 large plants and over 300 mini-cement plants, having a capacity of 165Mt and production of 134Mt, India ranks second in the world in cement production. But the cement industry is plagued with high excise duties. Hence, it is asking for lower excise duty and paring down of other levies,... |
Semen Padang to cut exports07 February 2006, Published under Cement NewsPT Semen Padang in West Sumatra province said it will this year reduce its exports to 14 per cent of the projected production of 5.3Mt to meet rising demand in Aceh. President Director Endang Irzal said here on Monday that in 2005, the company exported 22 per cent of its output to countries, including Bangladesh. "This year the company’s management agreed to reduce the cement exports in a bid to concentrate on the domestic market, especially for the rehabilitation and reconstruction of ... |
Cement production in north Khorasan set to surge07 February 2006, Published under Cement NewsThe development plan of the Iranian Bojnurd Cement Plant is estimated to be completed in the next two years, increasing the plant’s daily output from 2000 to 5300tpd. Three other cement plants will be built in Esfarayen, Samangan, and Shirvan, each with a daily production capacity of 10,000t. As the initial investment, some 750 billion rials has been allocated for the project in Esfarayen, which will be operational in 2008. (Tehran Times) |
Cement production in north Khorasan set to surge07 February 2006, Published under Cement NewsThe development plan of the Iranian Bojnurd Cement Plant is estimated to be completed in the next two years, increasing the plant’s daily output from 2000 to 5300tpd. Three other cement plants will be built in Esfarayen, Samangan, and Shirvan, each with a daily production capacity of 10,000t. As the initial investment, some 750 billion rials has been allocated for the project in Esfarayen, which will be operational in 2008. (Tehran Times) |
Holcim signs agreement in Bangladesh06 February 2006, Published under Cement NewsHolcim, one of the leading cement manufacturers in Bangladesh has recently signed an agreement with Defoin for supplying cement to build an industrial project at Savar, Dhaka. Zafar Iqbal Siddiqui, managing director of Defoin and Jasim Uddin Khandaker, deputy general manager Customer Care of Holcim (Bangladesh) Ltd signed the agreement on behalf of their respective sides at Holcim’s corporate office in Dhaka. This industrial building will have total 6 floors with 28000 SFT space in each flo... |