Cement News tagged under: government assistance
Uzbekistan proposes to cancel import benefits07 May 2019, Published under Cement NewsThe Ministry of Investment and Foreign Trade of Uzbekistan has proposed to abolish cement import benefits, which were introduced in January 2018. The government suggested that the abolition of the benefits will lead to more efficient production of building materials, create a competitive market and increase domestic production, according to Esmerk CIS News. Uzbekistan’s leading supplier of imported cement is Kazakhstan, which in November supplied 1500t of cement. As of April 2019, ceme... |
Spain’s cement producers to be included in power support plan21 November 2018, Published under Cement NewsSpanish cement producers will be included in plans to support the power-intensive industry, which is facing rising electricity bills, according to the country’s Minister of Industry, Reyes Maroto. With this measure, the government plans to avoid new cases such as that of Cemex, which announced the closure of two of its seven cement works in the country. Cemex attributed the closure to the “increase in operating costs, mainly of fuels and electricity, the change in European CO 2 regulatio... |
Vietnam offers support for state-owned cement firms12 July 2016, Published under Cement NewsAccording to figures released by the Ministry of Finance, the Vietnamese government is providing restructuring loans to unprofitable state-owned cement firms, VietNamNet Bridge reports. Firms, including Song Thao, Thai Nguyen and Ha Long, are being supplied with cash in an effort to prepare the cement sector for part-privatisation. Already, some plants have been transferred to Vicem from other state-owned enterprises (SOEs) and the government is understood to want to begin the sell-off, p... |
Nepal's cement producers seek self-sufficiency31 May 2016, Published under Cement NewsCement producers in Nepal have asked the government to formulate an improved policy so that the country can achieve self-sufficiency and boost exports. They have requested assistance in extracting and transporting raw materials as well as in the uninterrupted supply of power. Rajesh Agrawal, managing director of Arghakhanchi Cement, said they could produce cement in sufficient quantities to meet domestic demand and export to India if they received government support. "There is high dema... |
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