Cement News tagged under: international
Peru cement prices among lowest in Latin America05 January 2021, Published under Cement NewsCapeco, the Peruvian construction chamber, reported that the average retail price for grey cement in Peru is around US$6.22 per 42.5kg bag – one of the lowest in Latin America. The highest price is paid in Argentina, where a bag of cement costs on average US$12.34, followed by Nicaragua, Uruguay, Guatemala and Paraguay, where a bag of cement costs around US$10. In Brazil, prices are the lowest at US$5.03/bag, according Capeco. In Chile a bag of cement retails at US$7.65 while in Colombia a... |
Rock Hard Cement to temporarily close operations04 January 2021, Published under Cement NewsRock Hard Cement, a Trinidad-based cement importer, is expected to close its operations for one month from Monday. The company has attributed the closure to the Ministry of Trade and Industry’s new policy which went into effect on 1 January. The policy introduced a quota, import licensing regime and registration system for grey and other types of hydraulic cement. The system is expected to last for a three-year period and implement a maximum quota of 75,000t of imports for all contractors... |
Coal prices force up cement hikes in northern Pakistan04 January 2021, Published under Cement NewsPersistent price hikes for cement in nothern Pakistan have resulted from higher coal prices. Cement prices in north Pakistan rose by PKR10 (US$0.062), to reach retail prices of PKR565-570/bag from 31 December 2020. “The increase in cement prices comes on the back of a significant rise in international coal prices over the past two months, as per our channel checks,” said Shankar Talreja, Topline Securities deputy head of research. Between October 2020 and January 2021, coal prices ha... |
Manufacturers to offer discounted cement for Nigerian housing project04 January 2021, Published under Cement NewsNigeria’s cement manufacturers have agreed to discount cement prices for the construction of houses under the federal government’s Economic Sustainability Plan (ESP). "They have agreed to give cement for this project at a considerable discount which is a very helpful thing to do and we really commend and thank them for the contributions they are making, it is a very patriotic thing on their part. They also see the importance of this Mass Housing Programme," said Yemi Osinbajo, the country's... |
Oman cement producer closed following complaints31 December 2020, Published under Cement NewsA cement producer in Oman has been temporarily closed after complaints from consumers, according to the Times of Oman. "The Consumer Protection Department in Al Dhahirah recently closed an institution specialising in the sale and production of cement products, according to a judicial decision, on a temporary basis, due to repeated complaints against it for not adhering to transparency and credibility, and for trading in a defective commodity that does not confirm to the standard specifica... |
Former Westport site to be gradually redeveloped31 December 2020, Published under Cement NewsA group of Auckland investors that bought the former Holcim Wesport plant and land in the west coast of New Zealand have announced that local residents will have input on how the land is developed going forwards, as a masterplan is formulated. The Westport plant closed in 2016 with the loss of 105 jobs. The land includes 10 houses, a quarry and 200ha of land suitable for dairy farming, most of which has been sold, and 14ha of rural land. The 10 houses on Larsen Street will also be sold b... |
New 1Mta cement plant to enter Paraguay's market30 December 2020, Published under Cement NewsThe cement plant Cementos Concepcion (Cecon) is currently under construction in Paraguay and is designed to produce over 1Mta from June 2022, when it is due to begin operations. Cecon recently launched an investment vehicle of over US$200m (EUR163.18m) to finance the project. Cecon already has two concrete factories in Limpio. The new cement unit is set to eliminate the country's cement deficit. |
Bangladesh cement producers seek extension to loan moratorium30 December 2020, Published under Cement NewsCement makers in Bangladesh have pleaded for a loan moratorium until the end of June 2021. If extended, the industry, as well as the economy, could strongly recover from the pandemic's fallout, said the letter dated December 22 from the Bangladesh Cement Manufacturers Association (BCMA) to the Bangladesh Bank (BB). The request to extend the ongoing moratorium period on the payment of loan instalments by another six months would cushion the cement producers as they fight the economic fallo... |
Two men badly injured at Arawak Cement30 December 2020, Published under Cement NewsTwo men sustained burns during an industrial accident at the Arawak Cement plant in St Lucy, Barbados, early Sunday morning. Plant attendant Brian Moore reportedly has burns about 90 per cent of his body and is listed as gravely/critically injured. Process supervisor Vincent Ellis remains at the Queen Elizabeth Hospital (QEH) with burns to both hands and feet. Both men, along with plant attendant Erroll Lewis were overseeing a cement mixing process, during which a blockage was observed. ... |
Vietnam cement sales rise by 6% in November29 December 2020, Published under Cement NewsVietnam’s cement sales reached 8.96Mt in November, down two per cent MoM, but up six per cent YoY, according to statistics released by the Vietnam Cement Association (VNCA). This total included 5.82Mt sold in the domestic market, up 19 per cent MoM and seven per cent YoY. Over the 11 months from January to November 2020, Vietnam producers sold 90.5Mt, up just one per cent YoY. In the first 11 months of this year, 56.1Mt of cement were sold in the domestic market, down five per cent YoY, t... |