Cement News tagged under: international
Pakistan's exports to India fall 41% in FY1908 October 2019, Published under Cement NewsPakistan’s cement exports to India fell 41 per cent to 0.716Mt in the FY19 ended 30 June, with no exports to the country taking place between March-September. The decline is the result of a 200 per cent duty set by the Indian government, according to The Daily Times. Furthermore, revenue from overall exports declined 13.2 per cent YoY to US$42.15m in the first two months of the current fiscal year. |
Ukrainian capacity utilisation on the rise08 October 2019, Published under Cement NewsAntidumping duties on Portland cement and clinker from Belarus, Moldova and Russia introduced by the Ukrainian government last summer have led to an increase in output and capacity utilisation in Ukraine’s cement plants, according to Interfax-Ukraine. "We regard this step as positive, which allowed us to increase the load of enterprises and output of marketable products. Now our capacities are 90 per cent loaded," said Mykola Kruts, the chairman of the board of Ivano-Frankivskcement. |
Siguaney prepares to restart production07 October 2019, Published under Cement NewsAfter a one-and-a-half year stop, repair at the Siguaney cement plant in Cuba is set to resume. New refractory bricks have arrived at the port of Mariel, Cuba, and the Siguaney cement plant is preparing for work at its two kilns. It is expected that the work will take two weeks. “In this year-and-a-half we have not worked the complete cycle of the process, but we have taken the opportunity to work on the improvement of the industry because, despite the tense financial situation of recent y... |
Puerto Rico’s cement sales drop 7% in September07 October 2019, Published under Cement NewsPuerto Rican cement sales fell 7.4 per cent in September 2019 when compared with the previous year. A total of 1.02m of 42.5kg bags, or 43,350t was sold on the domestic market, according to Sin Comillas. The latest drop in sales represents the eighth-consecutive month of market contraction. Sales have fallen since February after a 13-month period of consecutive increases. Local cement output edged up one per cent in September 2019 when compared with September 2018. Domestic production ros... |
Laos quarry blast kills one and injuries 20 people07 October 2019, Published under Cement NewsA Chinese-operated cement plant in northern Laos caused the death of at least one person and injuries to 20 others when it started blasting operations at a quarry in Luang Prabang province, northern Laos on Saturday. Houses and vehicles further away in Phonemany village, Nam Bak district, were also wrecked by the blast. Reasons for the extra ferocity of the blast have not yet been identified. Khammany Inthirah, Minister of Energy and Mines said, "Now we do not have the answers. We might ha... |
ABAD makes new appointments at AGM07 October 2019, Published under Cement NewsAssociation of Builders and Developers of Pakistan (ABAD), one of the top cement users in the country, made changes in its top office bearer for 2019-20 at its AGM last week. Patron-in-Chief of Allied Panel, Mohsin Sheikhani of Hina Housing Project (Pvt) Ltd, was unanimously elected as chairman of ABAD for 2019-20. Mr Sheikhani has twice served as ABAD chairman previously. Sohail Warind, Abdul Rehman and Muhammad Ali Ratadia were elected as senior vice chairman, vice chairman and chairman s... |
Colombian market expands 3% in August04 October 2019, Published under Cement NewsColombian cement dispatches advanced 3.4 per cent YoY to 1.099Mt in August 2019 from 1.061Mta year earlier, according to the country’s statistics office, DANE. Casanare, Huila, Bolívar and Santander delivered the strongest growth with a YoY improvement of 48.4, 19.8, 15.6 and 13.7 per cent, respectively. Norte de Santander and Huila followed with just short of 11 per cent. Growth was also robust in Antioquia (+6.5 per cent). However, other key regions such as Cundinamarca and Bogotá noted ... |
September is a blessing for Pakistan cement producers03 October 2019, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) has released September 2019 data, which indicates industry posted real growth as the total dispatches increased by 11.5 per cent compared with the corresponding period of last year, with both local consumption and exports increasing in double-digits. Dispatches advanced to 4.27Mt when compared with 3.829Mt dispatched in September 2018. Out of this total, domestic consumption reached 3.472Mt this September, while it was 3.114Mt during th... |
Costa Rica to introduce 5% cement tax03 October 2019, Published under Cement NewsAll Costa Rican cement, whether produced within the country or imported, will produce a communal tax of five per cent, according to a bill that seeks to eliminate a distortion in the market. The tax is currently only applied to companies that produce cement in Guanacaste, Cartago and San José. This puts the product of two of the country’s three cement companies at a disadvantage when compared with with imported cement. The bill to bring the new tax is supported by President Carlos Alvarad... |
Cement companies' scripts attracting investors in Pakistan03 October 2019, Published under Cement NewsA number of Pakistan cement sector companies listed on the Pakistan Stock Exchange (PSX) are performing well on heels of good news for the last two days. According to local research house market reports, the PSX 100 Index gained another +109.03pts or +0.34 per cent in 2 October session, thanks to a late session rally in Financials (+1.16 per cent) and Materials (in particular cements). Cement was in the driving seat today right from the start on news flow that the government is consideri... |