Cement News tagged: Trading
Algeria: cement imports up 21% in 2M15
Cement imports into Algeria have jumped 21 per cent in 2M15 when compared to the first two months of 2014, according data by the Algerian customs. Despite the fact that there were no forced stoppages in cement plants and the construction was impacted by heavy rains, imports continued to reach the domestic market. It is estimated that Algeria has a cement deficit of around 3Mta. In 2014, the...
Paraguay: INC lowers cement price
INC has reduced the price for three types of cement. Vallemí cement will see a fall from PYG38,990 (US$8.34) to PYG35,000 while cement sold from the Villeta works will see its price reduced from PYG41,500 to PYG41,000. Pozzolana cement now costs PYG41,500, down from PYG42,500. The company is currently investing US$67m in a fuel conversion project, saving US$10m annually as well as increasing...
Insumos Bolivia's cement import expectations
State-owned Insumos Bolivia expects to import 600,000 bags of cement in 2015. Its director Oscar Sandy said the company would import, as in 2014, IP30 and IP40 cement from Peru’s Yura. "The projection for 2015, as so determined by the national government, is to continue the import of cement to overcome the shortfall in domestic production of this basic input for building, reaching 600,000 b...
Pakistan: Port Qasim PIBTL starts civil works
Civil works have started on the bulk cement handling project at Port Qasim of Pakistan International Bulk Terminal Ltd (PIBTL). Earlier this year, PIBTL awarded the PKR12.5bn EPC contract to China Harbour Engineering Co Ltd (CHE). The technical specifications relating to the plant and the equipment were finalised and PIBTL has appointed a German consultant to procure the equipment, which is...
Egypt: cement prices hold firm as energy sources change
Companies have fixed their cement prices and are subject to regular ministry investigations and inspections, said Minister of Supply, Khaled Hanafy, in a Wednesday statement. Cement companies announce their prices by the third week of every month. The investigations are conducted at supply firms, factories, wholesalers and cement retailers to ensure their compliance with the prices they state,...
Israel allows 1120t of cement to enter Gaza
Palestinian officials say the amount of the cement Israel has allowed into the Gaza Strip is not enough for rebuilding the strip following Israel’s 50-day war against the enclave. They maintain that 100 trucks of building materials a day are needed to rebuild Gaza Strip within three years. Raed Fatuh, the Palestinian Authority official in charge of the entry of goods into Gaza through the Ke...
Pakistan records 4% drop in cement exports
In the first four months of FY14/15, Pakistan’s cement producers and exporters exported 3.116Mt of cement, down 3.8 per cent YoY. The total value of the shipments fell by three per cent from US$189.77m to US$184m. While volumes were down the average export price of cement rose by 0.58 per cent to US$58.57/t in 4MFY14/15 from US$59.04/t in 4MFY13/14, according to Pakistan’s Federal Bureau of...
Russian cement trade January-September 2014
According to the Federal Customs Service (FCS), Russia exported over 2Mt of cement worth US$155m in the first three quarters of 2014. Ukraine was the leader by shipments, with its share totalling 35 per cent. Kazakhstan's share reached 32 per cent and Belarus imported 21 per cent. Meanwhile, over 3.793Mt of cement were imported into Russia between January-September 2014. Belarus was the lead...
Cemex reaches agreement regarding Alcanar, Spain
Cemex has reached an agreement with the Santi Vila authorities to keep running its Alcanar works in Tarragona, Spain. In return the Generalitat commits to dredge the port of Barcelona so large vessels can moor and as such, enable Cemex to export to new markets such as the US. The dredging operation will cost EUR4.5m and will be completed before the summer. In September, Alcanar will recei...
Taiwan Cement further hikes price in China
Taiwan Cement announced a further rise in cement prices in China’s Guandong province due to the increasing demand in the domestic market. The price hike follows an earlier increase in August . The company hiked prices in the country’s key market by CNY20 (US$3.26)/t. High-grade cement now costs CNY340/t, up from CNY320/t. Taiwan Cement said demand in the Pearl River Delta area expanded...
Wärtsilä wins first bulk carrier order for its new engine
A new cement carrier being built at the Scheepswerf Ferus Smit yard in the Netherlands will feature a six-cylinder Wärtsilä 34DF main engine, making it the first bulk carrier to adopt Wärtsilä’s multi-fuel capability. The ship has been ordered by JT Cement, a joint venture between Erik Thun AB of Sweden and KG Jebsen Cement of Norway. In addition to the main engine, Wärtsilä will also supply...
Vissai Ninh Binh Group exports 1.5Mt of clinker to France
Ciment de Bourbon has drawn up a contract with cement producer Vissai Ninh Binh Group, a private Vietnamese group, to receive 1.5Mt of clinker to facilitate the construction of to an expressway project on Réunion. The clinker will be shipped at a price of US$42/t under the contract that will be effective for five years, said Nguyen Tien Dat, Vissai Ninh Binh's deputy director. The Vietnames...
India: CMA seeks fairer taxes for cement
The Indian Cement Manufacturers Association (CMA) has requested in its pre-budget memorandum 2014-15 that cement be stipulated as 'Declared Goods', so that it is put on an equal footing with other core sector goods like coal and steel in terms of taxation. At present, while the cement industry in India is one of the country's basic and core infrastructure industries, cement is subject to high...
Vessel with clinker imports sinks in Bangladesh
A light local vessel, MV Brishti, laden with 9500t of clinker imports capsized in the Bay of Bengal near Patenga beach in Chittagong, Bangladesh following a collision with the sunken ship MV Rita on 12 June. The clinker was imported by local cement company Diamond Cement for use in its production plant and was heading to Diamond's private jetty on the Karnaphuli river after unloading from the ...
Eurocement-Ukraine shipments up 10.7%
Despite the difficult circumstances in the Ukraine, Eurocement-Ukraine shipped 73,767t of cement to its customers in January and February 2014, a 10.7 per cent increase on the results for the equivalent period last year (7137t). CEM I 42.5N and CEM II/A-S 32.5R cement types were the most in demand and are widely used in the construction of residential housing and commercial buildings, as well...
Russian imports from Belarus increase by 85% in 1H14
In 1H14 Belarusian cement producers increased their supplies to Russia by 85.6 per cent YoY, reports BelTA. Quoting CMPRO data BelTA states that in January-March 2014 Belarus shipped 278,000t of cement to the Russian market. Russia also buys cement from the Baltic states, Iran, Sweden and Turkey. In January-March 2014 Russia imported 744,000t of cement, ie 3.1 per cent down from the same pe...