Cement News tagged under: Trading
Promised cement from Cuba fails to show02 May 2006, Published under Cement NewsSome 20,000t of cement scheduled to arrive from Cuba last week have not yet arrived. This was revealed by Information Minister Colin Campbell at the weekly post Cabinet press briefing Monday afternoon. According to the minister, it is not yet known when the shipment will arrive. This disclosure follows concern expressed by the Incorporated Master Builders Association. The association’s President, Michael Archer, told RJR News that members are disappointed with the manner in which Caribbean ... |
Trinidad Cement gives Guyana supply commitment02 May 2006, Published under Cement NewsThe Trinidad Cement Ltd (TCL) says it is committed to being a responsible supplier in Guyana, stating in a press release issued on Thursday that the present shortage is a local, regional and global problem. "It is important, therefore, that traditional relationships be maintained and supported. In times of high demand and short supply the market will need the confidence and support of a reliable and committed supplier," TCL said. A US$9m bagging plant is being built at the Guyana National I... |
More cement for Guyana02 May 2006, Published under Cement NewsGuyana will soon have cement from the Dominican Republic and later will make Venezuelan cement available to its customers. The Gafoor company hopes to offer cement at lower prices by keeping supplies on the market. Sales Manager at Gafoor’s Houston Complex, Victor Harrinandan, told Stabroek News that from May 3, 30,000 tonnes of Domincim cement, from the Dominican Republic will be available at Gafoor and later cement will come from Venezuela. Harrinandan said Gafoor intends to flood the mar... |
Cement firms raise south India prices02 May 2006, Published under Cement NewsIndian cement companies have raised prices by up to 11.4 per cent, or 20 rupees per 50-kg bag, in south India in the past two weeks to cash in on rising demand from the region’s construction industry, dealers said. Prices for a 50-kg bag have risen to about 195 rupees (US$4.3) for bulk buyers, a dealer told Reuters. "Almost all major players have hiked prices. The price for the retail segment is up only by 5-7 rupees per bag," he said. The major cement suppliers in south Indian are Indi... |
Refund of ST on cement export not to be allowed, Pakistan28 April 2006, Published under Cement NewsThe Central Board of Revenue (CBR) disallowed on Thursday the refund and adjustment of sales tax and rebate of excise duty on the export of cement by land, air or sea route. A CBR statement issued here stated that in pursuance of the decision taken by the Economic Coordination Committee of the Cabinet at its meeting held on April 14, the CBR has issued notifications SROs No 389, 390 and 391(I)/2006 dated 27.04.2006 disallowing refund and adjustment of sales tax and rebate of excise duty on ... |
Exports to Kabul may resume from next month, Afghanistan27 April 2006, Published under Cement NewsThe government of Pakistan has decided to restore cement exports to Afghanistan from May 1, along with rebate, despite an estimated shortage of 200,000t per month to meet domestic demand. Sources in the Ministry of Industries and Production told local press on Wednesday that a proposal has been sent to Prime Minister Shaukat Aziz, suggesting that the April 6 to 30 moratorium on cement exports to Afghanistan be lifted from May 1 to ensure Pakistan’s market share. "We have also recomme... |
Omani Raysut Cement to Oman Cement26 April 2006, Published under Cement NewsOmani Raysut Cement Company (RCC) has signed a contract to supply 100,000t of cement worth 2.3m Omani rials (US$6.0m equivalent to US$60 per tonne) to Oman Cement Company (OCC), according to a statement to the Muscat Securities Market (MSM) from April 23, 2006. According to the contract, supply period is April - August 2006. |
Notification for cement import, Pakistan26 April 2006, Published under Cement NewsThe Pakistan government is expected to soon issue the notification pertaining to rebate of Rs 60 per bag for import cement, paving the way to increase the quantum of supply to meeting the local demand. Ashraf Tar Mohammad, Chairman of Pakistan Commodity Traders Association (PCTA), said that he had contacted Dr Salman Shah, advisor to prime minister on finance and economic affairs, in Washington and he said that he had asked the Central Board of Revenue Chairman to expedite the process of not... |
JA to receive Cuban cement this weekend25 April 2006, Published under Cement NewsThe Jamaican government has announced that the first of three shipments of cement from Cuba will arrive this weekend. Information Minister Colin Campbell, told reporters at a Post Cabinet press briefing Monday afternoon that a shipment of 20,000t of cement will ease the shortage facing the construction sector. Two weeks ago the Minister announced that the Cuban government was supplying 65,000 tons of cement to help ease the shortage. |
Indian cement for Pakistan25 April 2006, Published under Cement NewsThe Pakistan Government will provide a freight subsidy to imported cement, including from India. The amount of subsidy will be about Rs (Pakistani) 60 per 40 kg bag. While the subsidy will apply to cement imported through any mode, rail, road and sea, the Pakistan Railway, it is learnt, will offer freight concession as well as priority loading, particularly to move the product to upcountry destinations. According to report doing the rounds, Pakistan will import from India cement equivale... |