Cement News tagged under: Trading
Russia production in January-February 200506 April 2005, Published under Cement NewsRussian cement producers have manufactured 4.6Mt of cement in January-February 2005, a 4.5 per cent rise versus the same period 2004. A rise of production in the cement industry exceeded than in the industrial sector as a whole where it totaled 3.9 per cent, Eurocement Group said. As it was earlier reported, Eurocement plants made in January-February more than 1.1Mt of cement, a 10.5 per cent rise versus the same period 2004. Its share in this segment of the market stood at 21 per cent. Produ... |
Century Bond targets Vietnam06 April 2005, Published under Cement NewsCentury Bond Bhd (CBB) wants to position itself as a leading player in the Vietnamese packaging industry. Deputy managing director Loi Tuan Ee said for a start, the company planned to become a major supplier of cement paper bags there. Demand for the bags in the former French colony had been growing but domestic production could not cope up with it, he said. Loi said there were no independent cement paper bag producers in Vietnam at present, adding that the company would be in a good positio... |
Cement prices raised by up to Rs7 per bag05 April 2005, Published under Cement NewsSome leading cement companies in Pakistan have increased per bag price of their products by Rs 2.50 to Rs 7 in order to improve/maintain profit margins, a well-placed source told Daily Times on Friday. “Most of the southern region companies have raised the prices,” said the source. “It has been decided in the previous meeting of the cement cartel.” There has been some dispute between the southern region companies and northern region companies regarding the price adjustments last month. S... |
Czech firm looks at Vietnam project05 April 2005, Published under Cement NewsThe Lamela Group hopes to build a US$400 million cement factory in the highlands province of Bac Can, making it the first Czech company to express an interest in investing in the impoverished highland province. Lamela representatives made a fact-finding trip last week to the proposed construction site in the province’s Cho Moi district, where they signed an initial agreement with the local government regarding their investment plans. The factory would make Lamela the second investor from ... |
Aditya Birla FY 05 cement sales04 April 2005, Published under Cement NewsIndia’s Aditya Birla group, which controls Grasim Industries Ltd and UltraTech Cement Co Saturday said its cement sales for the fiscal year ended March 2005, rose 5.44 per cent to 26.26Mt. The group said Grasim - India’s largest cement company by capacity - posted sales of 1.25Mt in March 2005. The statement didn’t provide Grasim’s year ago sales. UltraTech Cement’s March sales totaled 1.32Mt. The group’s cement production in fiscal 2004-2005 rose 5.6 per cent on year to 26.27Mt, the stat... |
Vietnam to inspect price hike requests01 April 2005, Published under Cement NewsThe Government has instructed the ministries of Trade, Finance and Industry to jointly inspect the Vietnam Coal Corp. (Vinacoal), Vietnam Steel Corp. (VSC) and Vietnam Cement Corp. (VNCC) following repeated requests from the three State-owned giants to raise selling prices. The instruction, which was released in official letter No.1521/VPCP, said any price hike will have a knock-on effect to the economy as coal, steel and cement are the country’s key economic input factors. Vinacoal a... |
Cement prices seen to stabilise01 April 2005, Published under Cement NewsRepublic Cement Group of Companies forecast of stable cement prices in The Philippines for the first half of the year due to improved production efficiencies and favorable peso-dollar exchange rate cushioning the impact of higher inflation. Republic Cement president Juan Miguel Montinola said these favourable developments have enabled companies to absorb the effect of inflation (eight per cent) and prevent them from raising prices during the summer months, the peak of construction activities... |
Who to blame for higher prices?29 March 2005, Published under Cement NewsImporters of cement and major distributors of the local Nigerian production have been fingered as responsible for the latest increase in the retail price of the commodity. Nigerians were jolted last week by the sudden hike in the unit price of cement, which rose from an average price of N1000 to N1400. The dealers on the other hand blame the development on a shortfall in local production. Investigation by Business Champion however revealed that the local manufacturers of the product, i... |
Cement prices spurt29 March 2005, Published under Cement NewsThe price of cement in India increased by 9-9.5 per cent during Apr-Jan 2004-2005 compared to Apr-Jan 2003-3004 due to higher demand that was driven by infrastructure and housing boom, coupled with a higher capacity utilisation across most operators. Cement price in the country ruled at Rs160-170 up to May 2004 and after a fall during the monsoons, picked up to reach Rs140-170, depending on the region. |
Egyptian cement output29 March 2005, Published under Cement NewsEgypt’s cement output fell to 1.849Mt in November 2004 from 2.352Mt in October 2004, the Central Bank of Egypt (CBE) said in a report. Production of clinker inched up to 2.896Mt in November 2004 from 2.876Mt in the previous month. Local cement sales decreased to 1.475Mt in November 2004 from 1.764Mt in October 2004, while cement exports dropped to 272,000t from 490,000t. |