Cement News tagged under: trading
Catalonian cement demand at 1.574Mt26 July 2005, Published under Cement NewsCement demand in the Catalonia region, northeastern Spain, stood at 1.547Mt in the first half of 2005, a 1.72 per cent year-on-year decrease, the local cement makers’ association Ciment Catala said on July 24, 2005. Cement demand in the Barcelona province dropped 2.75 per cent, demand in the Lleida province decreased by 8.86 per cent, demand in the Girona province went down 5.8 per cent, while demand in the Tarragona province rose 11.5 per cent. Demand dropped most in March 2005, 7.15 pe... |
Domestic cement shipments fall, Japan25 July 2005, Published under Cement NewsDomestic shipments of cement fell 3.5% to 57.56Mt in fiscal 2004, though the market share rankings of the top five players in the sector remained unchanged from the previous year. Industry leader Taiheiyo Cement Corp dropped 0.8 of a share point due to declining demand in the Tohoku region, where the company holds a relatively large slice of the market. The loss was divided among the other four major companies. Despite the fall, Taiheiyo maintained healthy earnings for the year as i... |
New cement popular in Jamaica22 July 2005, Published under Cement NewsJamaican cement maker Caribbean Cement’s (CCC) newly created Carib Cement Plus already accounts for 74 per cent of company production, The Jamaica Observer quoted CCC general manager Anthony Haynes as saying. The company had anticipated Carib Cement Plus to represent about 10 per cent of overall production levels, "but it definitely exceeded our expectations - it has almost completely taken over the market," he said. To make the new product, CCC has replaced clinker with a volcanic pozo... |
Semen Gresik 1H Cement sales up22 July 2005, Published under Cement NewsPT Semen Gresik said its cement sales in the first six months of this year rose 3.8 per cent to 7.56Mt, driven by an increase in domestic sales. Indonesia’s largest cement maker said its domestic cement sales rose 7.3 per cent to 6.66Mt. Its exports, however, fell 17 per cent to 878,530t. |
Colorado companies cash in on shortages21 July 2005, Published under Cement NewsNational demand for cement is up over last year’s record levels and bringing with it the possibility of some regional cement shortages. This situation hasn’t affected Colorado as severely as other states, but industry experts say that could change soon. At least two Colorado companies -- Holcim (US) Inc. in Florence and Ready Mixed Concrete in Denver -- are cashing in as the country’s demand for cement outpaces supply. In the past year, Ready Mixed Concrete Co. has raised its prices 10 per c... |
Saudi Arabia to cut duty on cement21 July 2005, Published under Cement NewsSaudi Arabia has decided to reduce customs duty on cement from the current level of five per cent to zero per cent within six months as part of a major move to check the rise in cement prices by liberalising imports. This was announced by the Minister of Commerce and Industry at the meeting of the board of directors of the Saudi Arabian Standards Organization (SASO) held yesterday under the chairmanship of Dr. Hashem Yamani. Speaking to newsmen after the meeting, Dr. Yamani said that from... |
Cement prices going up soon21 July 2005, Published under Cement NewsFrom August 1, there will be an increase in the ex-factory price of cement because of rising costs which Claxton Bay producer Trinidad Cement Ltd said it can no longer absorb. New VAT exclusive ex-factory prices will be T$31.70 per 42.5 kg bag in Trinidad and T$36.35 per 42.5 kg bag in Tobago. The price of Ordinary Portland Bulk cement will now be T$683.98 per metric tonne (US$109.1) It has been three years since the company’s last price change of 4.95 per cent in June of 2002. Prior to t... |
Ultratech shifts export focus, prefers cement to clinker20 July 2005, Published under Cement NewsAs part of the strategy to revive the fortunes of Ultratech Cement and narrow the ’performance gap’ with its parent, Grasim Industries, the Aditya Birla group company, is rejigging its export basket by focusing on cement, where realisations are much higher, and choosing instead to go slow on export of clinker, a cement intermediate. Ultratech Cement, which has traditionally been the country’s largest clinker exporter, more than doubled its cement exports to 425,000t in the first quarter, ... |
Pakistani denies halting cement exports to Afghanistan11 July 2005, Published under Cement NewsThe Pakistani government has rejected media speculation that it has halted cement exports to Afghanistan to bring down prices of the commodity. A senior official at the Ministry of Commerce and Industry, Ibrar Ahmad, said Islamabad had not yet taken any decision on stopping cement exports to Afghanistan. He said Pakistan wanted to cooperate with Afghanistan as it reconstructs and further expand trade cooperation with Kabul. |
Qassim Cement first-half profits up11 July 2005, Published under Cement NewsSaudi Arabia’s Qassim Cement said its first-half net profits rose 4 per cent to 131 million riyals ($35 million). Shares in Qassim, the smallest of Saudi Arabia’s listed cement companies in terms of market capitalisation, rose 0.3 percent to 667 riyals in morning trade before the results were announced. |