Cement News tagged under: international
MPA welcomes new UK government planning reforms16 July 2024, Published under Cement NewsPlans set out by new UK Chancellor, Rachel Reeves, to overhaul the UK’s planning system and boost housebuilding have been welcomed by the Mineral Products Association (MPA), which is calling for the same approach to be applied to minerals planning. On her first full day in the job, with a clear emphasis on housebuilding and energy generation, the chancellor outlined the new government’s intention to reform the National Planning Policy Framework, review greenbelt boundaries and revive onshor... |
Dealers' strike may impact cement sales and distribution in Pakistan16 July 2024, Published under Cement NewsThe sales and distribution of cement across Pakistan is expected to be significantly impacted due to a strike by one of the stakeholders, effective from 1 July, in protest of negative tax measures taken in Islamabad in the Federal Budget 2024-25. The All Pakistan Cement Distributors Association (APCDA) has informed the government about the impact on the business following the approval of the 2024-25 federal budget and its stringent tax measures. APCDA pointed out that the cement distribu... |
CCP hosts session on the disclosure of material information on cement bags12 July 2024, Published under Cement NewsOn Thursday, 11 July, Pakistan’s Competition Commission of Pakistan (CCP) held a stakeholder engagement session regarding the ‘Manufacturing/Packaging' and 'Expiry/Best Before’ dates on cement bags. This session included representatives of the Pakistan Standards and Quality Control Authority (PSQCA), All Pakistan Cement Manufacturers Association (APCMA) and domestic cement producers. Saeed Ahmed Nawaz, chair of the session, stressed the urgency of these measures in relation to consumer pr... |
Brazilian cement market expands 2% in June11 July 2024, Published under Cement NewsCement sales in Brazil increased by 2.4 per cent to 5.372Mt in June 2024 from 5.248Mt in June 2023, according to the country's cement association, SNIC. Per working day, cement dispatches were up 4.6 per cent YoY to 238,800t. The increase follows a first semester affected by high interest rates and family debt as well as extreme weather events, including drought in the central-west and northern regions and intense rains in the south of Brazil. Construction confidence remained stable in Ju... |
Ukrcement appeals to the government to amend electricity import rates11 July 2024, Published under Cement NewsUkraine's cement association, Ukrcement, has appealed to the government to amend the current electricity import rate of 80 per cent. Under the country’s martial law, cement producers are obliged to purchase at least 80 per cent of electricity at European prices from the EU to avoid supply restrictions. On 27 October 2023, CMU Resolution No 1127 guaranteed the supply of electricity for domestic producers, provided that 30 per cent of supply was purchased from the EU and 70 per cent from d... |
Iranian cement rebounds in May11 July 2024, Published under Cement NewsIranian cement sales rebounded in May to come in at 6.240Mt, up from 4.051Mt a month earlier and up 7.2 per cent YoY from 5.820Mt in May 2023, according to the Iranian cement association. Producers manufactured 6.575Mt of cement and 7.634Mt of clinker, increases of 3.2 per cent YoY and 4.6 per cent YoY respectively, when compared with May 2023. A total of 1.177Mt of cement and clinker were exported in May, a decrease of 3.1 per cent YoY, with cement exports increasing 23.4per cent YoY to... |
Swiss cement market contracts 8% in 2Q2410 July 2024, Published under Cement NewsCement deliveries in Switzerland declined eight per cent to 965,157t in the second quarter of 2024 from 1,049,481t in the 2Q23, according to cemsuisse. While market contraction has slowed in comparison with the previous year, the uncertain economic environment continues to impact on cement sales. In addition, supply chain issues and comparatively high energy prices are also affecting deliveries. 1H24 deliveries Deliveries in the first half of 2024 were down eight per cent to 1,751,590t f... |
Nigerian House of Representatives threatens to issue arrest warrants for Dangote10 July 2024, Published under Cement NewsA committee from Nigeria’s House of Representatives, investigating the hike in cement prices, has warned it will issue arrest warrants for Dangote Cement’s management after executives failed to honour an invitation. Chaired by Jonathan Gaza, the House Committee on Solid Minerals issued the threat on 9 July during a National Assembly hearing after the company failed to show up. Gaza stated that the committee would give Dangote Cement another opportunity to comply before taking further action.... |
Boiler explosion kills two and injures 14 at UltraTech plant09 July 2024, Published under Cement NewsA boiler explosion at the UltraTech Cement factory in the Jaggaihpet region of India has reportedly killed two workers and injured 14 others. Of the injured, Avula Venkatesh and Paritala Arjun died while being treated, and a further three workers are said to be in critical condition according to NTR District Collector, Gummalla Srijana. The Jaggaiahpet police have announced that the explosion may have occurred due to a suspected gas leak in the boiler unit, following a p... |
Post-budget 2025 impact on Pakistan's cement and steel industries08 July 2024, Published under Cement NewsThe Pakistan government passed the FY24-25 Budget in parliament on Friday, paving the way for the resumption of negotiations with the IMF for a new programme. Despite pushback from certain industries, the budget is expected to bring positive changes, particularly for export sectors (excluding services-based industries). While exporters of goods will be brought under the normal corporate tax regime, this could lead to a more equitable tax system. Furthermore, according to IMS Research, the... |