Cement News tagged: Trading
Ukraine cement production
In January 2004, monthly cement production fell by 28.9 per cent or 148,000t to 364,000t compared with December 2003. In December 2003, cement production rose by 77.7 per cent compared with December
High coal prices hurting
The high landed cost of coal into India is hurting the cement companies dearly. From US$35 per tonne early last year, the cost of imported coal has jumped to US$55 per tonne on account of increase in
Cartel hit for cement price increases
Philippines: the Department of Trade and Industry has been asked to re-evaluate its policies on the cement industry especially now that cement has undergone a series of unreasonable price increase ove
Egyptian cement exports
Egyptian cement exports came in at 7.6Mt in 2003. Egyptian Cement Company exported the highest tonnages at 2.3Mt of cement and clinker (of which clinker was about 600,000t) which together was
Bamburi Eyeing Great Lakes
Bamburi Cement Limited is now eyeing the lucrative Great Lakes region. The company chairman, Richard Kemoli, said in Mombasa that the firm was exploring the possibilities of expanding its market to R
Vietnam to import 4.5Mt of clinker
To meet the local demand for cement production this year, the country must import 4.5Mt of clinker, said the construction ministry. More than half of these imports will be
Kenyan distributors in plea over cement sales
Local cement distributors have appealed for President Kibaki’s intervention in the cements market to stop on-going monopoly. A spokesman for the distributors, Mr Paul Njuguna, accused East Afri
Cemex inaugurates Pichilingue terminal
Cemex is inaugurating the Mexican Pichilingue Marine Terminal, according to the company¹s president in Mexico, Juan Romero Torres. Pichilingue is situated north of La Paz, at the Gulf of California, s
Cemento opens Bahia Las Minas bulk terminal
Cemento Panama has opened a US$6.5m bulk cargo terminal at Bahia Las Minas port in Panama’s Colon province, the presidency reported. Banco General and Citibank helped bankroll the terminal "Ter
Chinese economy blamed for cement trade problems
China’s booming economy is claimed as responsible for the loss of 2Mt of Thai cement exports this year. It’s not the stronger baht, the artificially low Chinese yuan or the Chinese competi
Philippines’ DTI to reduce inspection period
The Department of Trade and Industry is contemplating on shortening the inspection period for imported cement to make it easier for imports to come in times of higher prices of locally produced cement
Portland imports raw materials from Egypt
Following the closure of its major plant at Changalume in Zomba in 2002 reportedly due to dwindling limestone deposits, Portland Cement (1974) Limited is importing clinker, the crucial raw material fo
Philippine price check
Consumer groups have urged cement firms located in areas where retail prices have reached as high as P150 per bag to publish their prevailing rates as well as price commitment until June this year to
DTI mulling further P5 cut
The Philippine Department of Trade and Industry (DTI) is contemplating on further slashing another P5 off the definitive safeguard duty imposed on all cement imports because of the continued increase