Cement News tagged under: Trading
China 10-month cement export down 22.1%09 December 2008, Published under Cement NewsChina exported US$940m worth of 22.64Mt cement in the first ten months of 2008, dropping 5.5% and 22.1% YoY, respectively, according to the General Administration of Customs of China. There were several reasons for the cement export decline. The first one was that there was a recession in the US and European Union real estate industries amid the global financial crisis, and China reached a cement export decline of 89.6% and 99.7% with them over a year earlier. The second reason was that th... |
Philippines to import Japanese cement05 December 2008, Published under Cement NewsThe Philippines will import cement from Japan before the end of the year to provide consumers with a cheaper alternative. Trade Undersecretary Elmer Hernandez said Japanese cement would retail between P145 and P150 per 40-kilogram bag compared with the average price of P200 offered by local makers. Hernandez told reporters that Trade Secretary Peter Favila had instructed the Board of Investments Friday last week to study the importation of cement through Philippine International Trading Co... |
Bangladesh Chhatak Cement ready for exports to Assam01 December 2008, Published under Cement NewsProduction at Chhatak Cement Company has been increased and the company is not only meeting local demands but is set to export cement to the Indian state of Assam soon. ’Sylhet Mart’, a local business firm will export cement produced in Chhatak Cement factory. Officials sources said that the factory is producing quality cement using modern equipments and following special process. The production target of the factory this year has been fixed at 1.50 lakh metric tons as demand of cement in... |
Proposal to export cement via Gwadar declined01 December 2008, Published under Cement NewsCement manufacturers in Pakistan have turned down the government’s proposal to export cement through Gwadar, industry sources said. They termed it a costly and unsustainable activity due to high cost of transportation. A meeting of cement manufacturers and government officials was held in Islamabad in the second week of November, in which representatives of cement industry completely rejected the government proposal, they added. On last Thursday also a meeting of cement manufacturers was he... |
Fresh tender for cement supply, Mauritius28 November 2008, Published under Cement NewsTenders launched for the supply of cement during 2009 have attracted only one firm’s response but the price quoted by the bidder is considered too high. To avoid any hike in the price, the Government is looking for other suppliers and has launched fresh tenders for the 300,000t. The Minister of Business, Enterprise and Co-operatives, Mahen Gowressoo, told the House that the STC launched its cement tender on September 19 through the Central Procurement Board and three companies expressed in... |
Export of Armenian cement to Russia unprofitable28 November 2008, Published under Cement NewsThe new tariffs of the Russian South-Caucasian Railways have made the export of Armenian cement to Russia unprofitable, President of Mika Cement company Mikhail Bagdasarov said during a press-conference today. Asked about possible participation in pre-Olympic construction in Sochi, he said that as soon as the new tariffs were introduced the price of one ton of Armenian cement in Sochi would make up $140 while the average price of cement in Russia is 2,700 RUR (a bit more than $100). In th... |
Egypt cement exports to USA fall by 28 per cent25 November 2008, Published under Cement NewsAccording to Al-Ahram newspaper, Mr. Ashraf Ezzdein, Head of the Egyptian Commercial Office in New York, said that the volume of Egypt’s cement exports to the USA fell by 28% in 2007 compared with 2006. Exports have also declined by 38% in the first 10 months of 2008 compared with the same period last year. |
Ground being broken on Staten Island cement terminal25 November 2008, Published under Cement NewsOfficials are currently breaking ground on a new cement terminal on the waterfront in Elm Park, Staten Island, New York. Staten Island Terminal LLC will be the state’s largest cement and aggregate deep water import terminal. Located at 2541 Richmond Terrace, the new facility will employ 72 jobs during construction of the facility and 125 people will work there permanently once its operational. A new pier will accept ship deliveries of powdered cement. Each ship could bring in about 40,000t... |
DTI sees local cement makers cutting prices, Philippines25 November 2008, Published under Cement NewsThe Philippine government expects consumers to feel the benefits of the controversial move to lift for six months the tariff on cement even before the imports enter the market in January. This is because the local manufacturers will probably reduce their prices early on just to get a better grip of the market and prepare for tough competition with the importers of cement, Trade Undersecretary Zenaida Maglaya told the BusinessMirror on Monday. Based on experience, Maglaya said, cement maker... |
Holcim commits to $50m ship, New Zealand25 November 2008, Published under Cement NewsHolcim says it will order a $50 million replacement ship for the 32-year-old coastal cement carrier MV Westport, probably late next year. It expects to commission the ship into service in 2012. Company spokesman Ken Cowie says the Westport has given solid service delivering cement to ports around the New Zealand coast line. He says the ship is running well, but by the time a new ship arrives, she will be 36 years old. “She can’t go on forever.” Holcim has a younger vessel which also plie... |