Cement News tagged under: regulation

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Punjab cement industry to be regulated after three decades

08 January 2018, Published under Cement News

The cement industry in Punjab, Pakistan, is being brought under regulatory control of the provincial government again, after 29 years. The decision to once again regulate the cement industry was taken during a marathon meeting of a committee, led by Chief Secretary Zahid Saeed, two days ago at the Civil Secretariat. Five provincial ministers, several administrative secretaries of the departments concerned and MPAs from the Salt Range attended the meeting during which every aspect of the r...

Builders' Association of India seeks cement regulator

08 January 2018, Published under Cement News

To secure the smooth expansion of India's construction sector, the Builders' Association of India (BAI) highlighted the need for creating a cement regulator. Subcontractors in the construction sector are still levied a general sales tax (GST) of 18 per cent, according to the BAI, who emphasised the need to reduce the tax. The establishment of a cement regulatory authority will help control pricing and prevent cartelisation by cement producers, said B Seenaiah, BAI chief patron. “Th...

Venezuela: state companies to restrict cement sales

21 August 2014, Published under Cement News

Venezuela's state cement companies have started to regulate the sales of cement. Building companies can only buy cement from plants near their building sites. Due to the declining output, builders were buying the product wherever available, regardless of location. According to information supplied to the construction sector, Invecem will sell product to companies carrying out work in Aragua, Apure, Carabobo, Miranda, Flacón, Cojedes and part of Guárico state. La Fábrica Nacional de Ceme...