Cement News tagged under: Trading

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Kuwait Cement to export 20,000t

14 February 2005, Published under Cement News

The Kuwaiti Ministry of Trade and Industry has allowed the local cement maker Kuwait Cement Company to export some 20,000t of cement over a six-month period, it was reported on February 10, 2005.  The ministerial decree allowing the exports was issued on conditions that the move would not affect the supply on the local market and followed a request by Kuwait Cement.  The export permission to Kuwait Cement is the first of its kind since the Ministry of Trade and Industry imposed a ban on cemen...

Cargo Ship Freed off Barbers Point

14 February 2005, Published under Cement News

The cement ship grounded off Kalaeloa more than a week ago is finally free, but worries persist over whether it caused any damage to the reef. The MV Cape Flattery floated freely after three tug boats helped move the vessel early this morning. More than 7000t of cement were removed from the ship while it sat there, virtually immobile.  "The concern is how much of the total cargo of cement went into the ocean, and then the other concern is how much damage to the reef did this 500ft ship do as ...

Cement prices inching up, India

07 February 2005, Published under Cement News

The price of cement has gone up by Rs5-10 per 50-kilogram bag across the various regions. The trend is likely to continue till monsoon. However, the price rise is not likely to affect the construction costs. ACC raised its cement prices by Rs5. Prices have gone up by Rs10 per bag to Rs150 in Tamil Nadu. In Kerala, cement prices have increased by Rs5-8 per bag to Rs165. Cement prices have touched Rs170-175 in Mumbai in the trade segment compared to Rs155 in Oct 2004.  

Yemen statistics

04 February 2005, Published under Cement News

The total sales of the Cement Manufacturing and Marketing Co. during 2004 reached 572,577t versus 302.577t last year.   A company report also said that the production of Bajel Cement in the same period reached 357,629t.  The production of Amran cement factory reached 611,715t

Cement to cost more in South India

04 February 2005, Published under Cement News

Major cement companies have hiked the price of cement in South India by Rs 8-10 for a 50 kg bag. In Tamil Nadu, the price hike was about Rs eight while in Kerala, the prices have been increased by an average of Rs 10 per 50 kg bag, according to industry officials. India Cement, Ultratech, Grasim, Ramco and Dalmia Cement had increased the prices in the recent weeks, they said. In Karnataka and Andhra Pradesh, the prices have been hiked by an average of Rs 10-12 per 50 kg bag. Following th...

Liberia’s CEMENCO waits for bagged cement

03 February 2005, Published under Cement News

Following persistent cries over the shortage and hike in the price of cement on the local Liberian market, the General Manager of CEMENCO, Mr. Pamod Gemawat, has disclosed that about 200,000 bags of cement will arrive in the country by February 17.  Making the revelation Tuesday before the National Transitional Legislative Assembly (NTLA) to brief on the status of cement on the market, Mr. Gemawat informed the NTLA that the stipulated retailed price remains at US $6.30. He told the Assem...

Holcim faces strike action

02 February 2005, Published under Cement News

Holcim New Zealand is facing strike action by cement ship staff.  Two of the three unions representing staff on the Milburn Carrier 2 and the Westport have given notice of strike action from next Tuesday.  The ships transport cement from Holcim’s Westport works to nation-wide depots for customer distribution.  The strike notice evolved from continuing negotiations between Holcim and the New Zealand Merchant Service Guild and the Aviation and Marine Engineers’ Association. Holcim Cement g...

Mexico cement output rises 4 per cent in 2004

02 February 2005, Published under Cement News

Cement output in Mexico increased 4.35 per cent in 2004 from a year earlier as producers increased production to meet rising demand from government infrastructure projects and house building. Cement output, according to figures released on Tuesday by the National Cement Chamber, matched the country’s economic growth. Central Bank chief Guillermo Ortiz said on Monday the economy expanded 4.2 percent in 2004.

Cement dispute settled

01 February 2005, Published under Cement News

The long-simmering dispute between the West End Development Corporation (Wedco) and the Bermuda Cement Company (BCC) has ended with an agreement.  Wedco chairman Lt. Col David Burch and BCC president Jim Butterfield announced the terms of the agreement at a press conference yesterday.  The lease for the current plant will be extended for two years, and after the new plant is built, the lease will be increased to 20 years.  When the new plant is built, the rent will be increased to 2.5 ...

No cement shortage says local supplier

28 January 2005, Published under Cement News

The sole supplier of cement in Brunei Darussalam, Butra Heidelbergcement Sdn Bhd, insists that there is no shortage of cement in the country. Ardi Wijaya, the General Manager of Butra Heidelbergcement, told local news Borneo Bulletin that the company has increased production of cement to match the current demand. It now supplies 1200t of cement to consumers a day, about 36,000 tonnes a month. Last year, the company supplied 20,000t of cement a month. However, the general manager admits that ...