Cement News tagged under: trading
Colombia $110 Mln La Jagua Mine Sale Postponed22 December 2004, Published under Cement NewsColombian cement producer Cementos Argos postponed the $110m sale of the Colombian coal mine La Jagua to Swiss-based Glencore International for January 2005, from the originally scheduled December 31, 2004. Cementos Argos is Colombia’s largest cement producer and controller of Carbones del Caribe (CDC), which operates the mine, located in the northeastern parts of the country, close to the border with Venezuela. The postponement was due to the delays in the preparation of the papers to be... |
Continuing Saga of the Mary Nour in Mexico22 December 2004, Published under Cement NewsThe Wall Street Journal, New York carried a detailed report on the Mary Nour last week. Below is a shortened summary. In the five months since Captain Steinar Dahl steered his vessel, the Mary Nour, into Mexican waters, he has received a rude welcome. His ship was denied entry into one port only to have its load impounded at a second. The ruddy Norwegian has endured five onboard inspections, a blood test and a police interrogation amid accusations he may be smuggling guns, drugs or illega... |
Police seize fake cement21 December 2004, Published under Cement NewsFollowing a tip off, Police over the weekend seized over 190 bags of fake Bamburi cement from Goods shed. The cement belonging to a businessman, Mr Lawrence Sajjabbi was seized from his container at Goods shed terminal where it was reportedly being kept. According to Police, Hima brand cement was mixed with powdered clay and lime to create a rare cement-like mixture, which was then packed in Bamburi cement bags. Bamburi Cement has a higher market price than Hima cement. |
Bermuda cement dispute settled21 December 2004, Published under Cement NewsA tentative agreement was announced via press release in the controversial contract negotiations between the West End Development Corporation (WEDCO) and tenants, the Bermuda Cement Corporation (BCC). “WEDCO and BCC met as scheduled to discuss the terms of the new lease. The parties have reached a tentative agreement with specific details still to be worked out. Workers at the Ireland Island North plant stopped the flow of cement for four days, claiming BCC management could not be ass... |
Qatar plans to treat new Doha port as free trade zone20 December 2004, Published under Cement NewsChairman of Customs and Ports General Authority Abdullah bin Jassim Al Thani, announced Qatar’s plans to build a free trade zone as a part of the new Doha Port. Al Sharq daily reported that that the proposed port is to be constructed over an area of 500 hectares, to be reclaimed from the sea and will be situated at four kilometres east of Doha International Airport. The port will be linked to the mainland via an 8.5km long bridge. The entire of the new Doha port, as well as the airport area,... |
Ukranian Cement Production up and down17 December 2004, Published under Cement NewsIn November, national cement production rose by 8.8 per cent compared with November 2003, to 703,000t. This was disclosed by the State Statistics Committee. However, cement production fell by 32.9 per cent or 344,000t compared with October. In January-November, cement production rose by 21 per cent or 1,762,000t compared with January-November 2003, to 10,167,000t. More than 15 factories produce cement in Ukraine, and their total annual capacity is more than 20Mt. |
Peru’s Nov Cement Sales Rise16 December 2004, Published under Cement NewsPeru’s overall cement sales in November rose 17.4 per cent to 381,250t from the 324,872t sold in the same month a year before, the National Association of Cement Producers, or Asocem, said Wednesday. In October, overall cement sales totaled 409,921t. Cementos Lima SA sold 166,563t of cement in November, which includes 30,689t sold for export in the month, the association said. Cementos Pacasmayo SAA, the second largest cement producer, had sales of 62,420t in November, it added. In th... |
Egyptian cement exports up15 December 2004, Published under Cement NewsEgypt’s cement exports jumped 75 per cent year-on-year to over 7Mt in the first 10 months of 2004, the Egyptian Ministry of Investment and Foreign Trade said in a report. The country’s cement output grew to some 26Mt from 22Mt. Local cement consumption dropped to 16.9Mt from 18.2Mt in this same 10 months despite the increase in production. The low cement consumption on the Egyptian market during the first 10 months of 2004 was attributed to several factors, including the subdued activ... |
Camargo Correa Cimentos prepares 1st US shipment , Brazil14 December 2004, Published under Cement NewsBrazilian cement maker Camargo Correa Cimentos (CCC) plans to export its first official shipment of white cement to the US in 2005, Brazilian news service AE Setorial quoted product marketing coordinator Vanessa Lopo as saying. Samples have already been shipped to the US for tests and exports there are expected to reach 30,000t, said Lopo, adding that most of the white cement will be used for industrial purposes, such as in mortar production. White cement exports from its Pedro Leo... |
Cement consumption will grow seven per cent13 December 2004, Published under Cement NewsCement consumption in India is likely to grow at around 7 per cent in 2004-2005, according to MS Gilotra, Managing Director of Saurashtra Cement Ltd (SCL) and Gujarat Sidhee Cement Ltd (SCGS). In 2003-2004, cement consumption wasaround 115Mt in India. While cement production was 123Mt, the country exported around 3.5Mt of cement and 5.5Mt of cement clinker. Cement exports are likely to increase by at least 20 per cent in 2004- 2005. SCGS exports nearly 50 percent of its production of cement ... |