Cement News tagged under: legal

RSS feed

Zimbabwe considers limestone deposit consolidation amid efforts to reduce cement costs

28 October 2024, Published under Cement News

The government of Zimbabwe is exploring the consolidation of limestone deposits under either the Industrial Development Corporation of Zimbabwe (IDCZ) or the Ministry of Mines and Mining Development, as outlined in the new Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP). This short-term policy framework aims to attract significant investment into domestic clinker production, a critical element for cement manufacturing, in a bid to revive the manufacturing sector and reduce relianc...

Nigerian House of Representatives threatens to issue arrest warrants for Dangote

10 July 2024, Published under Cement News

A 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....

Pakistan’s Peshawar High Court dismisses opposition to new cement plants

26 September 2019, Published under Cement News

The Peshawar High Court of Pakistan dismissed writ petitions filed against the establishment of 16 cement factories. The petitioners sought a court order to declare that the provincial government had decided unlawfully to allow the construction of new cement plants in the province. However, counsel for the plant owners, submitted that all the legal requirement had been fulfilled and international environmental protection laws and standards are being adopted as the new plants are being e...

Bolivia’s Lower House approves Ecebol land

26 February 2019, Published under Cement News

The Lower House of the Bolivian Parliament has approved a bill to provide 39.8ha of land to state-run Ecebol for a future cement plant in Potosi. The site is located in Chiutara and was formerly owned by Potosi council. The contract for the 1.3Mta production facility was signed in March 2018. The project represents an investment of US$241.1m.

Cement import into USA draws US$506,250 OFAC penalty

25 February 2019, Published under Cement News

The US Treasury Department’s Office of Foreign Assets Control (OFAC) has reached a US$506,250 settlement with ZAG International, based in Newtown (CT), for illegally sourcing clinker from Iran. Between 11 July 2014-15 January 2015, ZAG International purchased 263,563t of Iranian-origin clinker via a supplier in the UAE, which was then resold by the company to a customer in Tanzania. ZAG’s actions violated the Iranian Transactions and Sanctions Regulations. OFAC said ZAG’s managing direct...