Cement News tagged under: Iran
Cement import into USA draws US$506,250 OFAC penalty25 February 2019, Published under Cement NewsThe US Treasury Department’s Office of Foreign Assets Control (OFAC) has reached a US$506,250 settlement with ZAG International, based in Newtown (CT), for illegally sourcing clinker from Iran. Between 11 July 2014-15 January 2015, ZAG International purchased 263,563t of Iranian-origin clinker via a supplier in the UAE, which was then resold by the company to a customer in Tanzania. ZAG’s actions violated the Iranian Transactions and Sanctions Regulations. OFAC said ZAG’s managing direct... |
Iran produces 41Mt of cement in last 9M of 201814 January 2019, Published under Cement NewsIran produced 41Mt of cement during the nine months to 21 December 2018, of which 4.8Mt were exported, reports the Iran Cement Association. According to Iran Cement Association Secretary, Abdolreza Sheikhan, domestically-produced cement is currently priced at US$25-30/t in export markets, which indicates that export earnings amounted to US$120-144m for the reported period. "Cement production during the nine months saw no significant change compared with the similar period of last year whi... |
Production rises in Iran's South Khorasan province19 December 2018, Published under Cement NewsTwo plants in Iran's South Khorasan province have produced around 765,000t of cement since the start of the current Iranian year (21 March-22 Oct), a 22 per cent YoY increase, according to Davud Shahraki, chairman of the province's Industry, Mining and Trade Organisation. "Two plants operating in Qaen and Darmian counties of South Khorasan province employ 350 people. These plants are able to produce 1.8 million tons of cement per year," said Mr Shahraki. The value of the produced cemen... |
Iranian province records export increase10 December 2018, Published under Cement NewsIran’s southern province of Hormozgan reported a 40 per cent increase in clinker and cement exports to 400,000t during the eight-month period between 21 March-21 November 2018, according to Masoumeh Mousavi of the country’s Mine and Trade Department. Products from the area were exported to Oman, UAE, Tanzania and South Africa. |
Iran exports 7.65Mt of cement and clinker03 December 2018, Published under Cement NewsIran exported more than 7.65Mt of cement and clinker during the first seven months of the current Iranian year (21 March –22 October 2018). Exports amounted to a 10.2 per cent increase compared with the same period of last year. Abdolreza Sheikhan, the secretary of Iran's Cement Association said cement accounted for 3.8Mt of the exports. More than 50 per cent of the clinker and cement exports went to Iraq and Afghanistan over the period, said Sheikhan. Also, around 247,000t of cement were ... |
Iran's cement exports rise 7%29 November 2018, Published under Cement NewsIran’s cement exports increased seven per cent YoY to 3.8Mt in the first seven months of the Iranian year started 21 March, according to Abdurreza Sheykhan, chairman of Iran's Cement Industry Employers Association. Exports of clinker bricks also rose in the same period, increasing 13.6 per cent to 3.84Mt. However, Mr Sheykhan also noted that there is a probability that cement exports may decrease in the upcoming months. Sanctions and increases in both internal and international transportati... |
Increased export revenue MoM and YoY for Pakistan producers in 3MFY1929 October 2018, Published under Cement NewsAccording to the Federal Bureau of Statistics, Pakistan's cement industry earned foreign exchange revenue of US$29.05m by exporting 671,913t of cement during September compared to US$27.57m on 617,745t of cement in previous month. This represents a MoM growth of 5.4 per cent and 8.8 per cent in terms of value and quantity, respectively. Compared to September 2017, earnings of US$17.76m on 359,766t of cement, it translates to a growth of 63.5 per cent in earning of foreign currency and 86.... |
Packaging costs rise 117% in Iran22 October 2018, Published under Cement NewsThe price of cement packaging in Iran has increased by 117 per cent from late-2017, according to Mohammad Ali Bod, member of the Iranian Cement Industry Employers' Association. The cost of packaging for a 50kg cement bag has risen from IRR8500 (US$0.2) to IRR18,500, with the surge negatively impacting producers. “Some plants will have to stop operating if the country doesn’t take necessary steps to resolve this problem,” said Mr Bod. |
IMIDRO chairman resigns12 October 2018, Published under Cement NewsMehdi Karbasian, the chairman of the Iran Mines and Mining Industries Development and Renovation Organisation (IMIDRO), has resigned. Fars news agency reported that Kabasian resigned his post after new legislation on retired employees was ratified by the country. Ardeshir Sa'ad Mohammadi, deputy of IMIDRO, becomes the temporary new chairman of the organisation. IMIDRO operates eight major companies and 55 subsidiaries with activities in cement, steel and minerals. |
Production remains stable in Iran24 September 2018, Published under Cement NewsIran produced 24,085,446t of cement in the first five months of its calendar year, started on 21 March 2018, representing a minor increase of one per cent YoY from 23,841,346t. Volumes remained stable in the 23 July-22 August period, reaching 5.179Mt from 5.173Mt of the year-ago period. Furthermore, clinker production rose 2.7 per cent YoY to 26,096,428t in the first five months, according to the Guild Association of the Cement Industry Employers. |