Cement News tagged under: trade
Cem'In'EU speaks out on Carbon Border Adjustment Mechanism05 November 2020, Published under Cement NewsCem'In'EU, a French industrial start-up committed to produce a low-carbon cement, calls upon the European Commission to design a well-fitted Carbon Border Adjustment Mechanism (CBAM) that will not be distorted into a protectionist tool for highly-polluting industries. "During the ETS III, the cement industry has received a windfall profit EUR3.5bn, of which none have been invested to modernise the European assets and decrease the CO 2 emissions," said Vincent Lefebvre, president and f... |
Pakistan records 33% growth in October cement dispatches03 November 2020, Published under Cement NewsPakistan's domestic and overseas cement dispatches figures for October 2020 are officially yet to be released by the All Pakistan Cement Manufacturer Association (APCMA), but Lucky Cement Ltd's CEO, Mohammad Ali Tabba, has estimated a record growth to 5.7Mt, increasing from 4.4Mt in September 2020. The MoM rise of 29.5 per cent in dispatches in October was possible due to the increase in domestic and export demand as well as the speedy momentum in Pakistan's economy. During an intervi... |
Bangladesh suspends unloading of imported clinker22 October 2020, Published under Cement NewsThe unloading of imported clinker and other commodities in Chittagong and Mongla ports in Bangladesh remains suspended due to an indefinite strike called by Water Transport Workers for the last two days. As a result, offloading from 20 foreign vessels laden with 0.91Mt of clinker, one vessel with 55,000t of gypsum and four ships with 224,598t of limestone at Chittagong Port is being delayed. At Mongla Port two ships were laden with clinker, one each with slag and coal cargoes are waiti... |
Ukraine launches antidumping investigation into cement imports11 September 2020, Published under Cement NewsUkraine’s Interdepartmental Commission on International Trade has launched an antidumping investigation into the import of cement from Turkey, according to Business World. The commission reportedly received a complaint from Dyckerhoff Cement Ukraine, Kryvyi Rih Cement, Mykolaivcement, Podilsky Cement, and Cement LLC with the support of Ivano-Frankivskcement. According to the applicant, during the observation period (2017-19), the import of cement in absolute terms increased by 809 per... |
Bangladesh producers seek advanced income tax refund of BDT7500m28 August 2020, Published under Cement NewsBangladeshi cement manufacturers have requested that the National Board of Revenue makes payment of BDT7500m (US$88,47m) as a refundable advanced income tax to help them recover some of their losses from the coronavirus pandemic. Previous attempts to seek similar demands in the national budget were turned down. "We need a fresh injection of capital to recover the losses incurred due to pandemic. We have fallen in capital shortage as well. So, the government should refund our adjustable fund... |
Dry bulk outlook amid COVID-19 impact21 July 2020, Published under Cement NewsAs the coronavirus took hold of global economic activity, dry bulk trade crashed. As some parts of the world cautiously move out of lockdown, what is the outlook for the shipping of cement and other dry bulk trades? By Rahul Sharan, Drewry Maritime Research, UK. Figure 1: the world’s largest cement importers (top) and exporters (bottom), 2019 The COVID-19 pandemic that started with China has now gripped almost the entire world, severely hitting global economic activities and ... |
Euro-Med trading trends14 July 2020, Published under Cement NewsSince 2012 the countries that border the Mediterranean Sea have suffered from various challenges, including economic crises, increasing migration flows and Islamism, wars, political instability, oil price fluctuations and now the COVID-19 pandemic. This uncertainty has affected construction activity in most Mediterranean countries. With growing CO 2 concerns and stronger EU-related regulations, regional cement producers are not playing in international markets with the same cards: non-EU pl... |
Turkish cement exports to France rise by 9% in 1H2014 July 2020, Published under Cement NewsIn June 2020 the export of Turkish cement to France increased by 65.6 per cent YoY, representing a value of US$12.9m, according to the Turkish Ministry of Trade. Total cement exports from Turkey in June advanced 37.4 per cent to US$343.1m when compared with June 2019. January-June 2020 In January-June 2020 Turkish cement exports to France increased 8.9 per cent YoY to US$61.6m, reported Trend News Agency. |
Ready to sail06 July 2020, Published under Cement NewsMuch of global cement trade involves the shipping of product via specialised carriers at some point. Brian Benjamin of Sirios Shipping Management Co, gives an overview of the operational and commercial procedures of shipping cement from its loading point to discharge at the cement company’s customer. By Brian Benjamin, Sirios Shipping Management Co, Greece. A fleet of specialised self-discharging cement carriers form a key part of global cement trade Sirios Shipping Management C... |
Cement exports from Pakistan drops due to COVID-19 in 10MFY2028 May 2020, Published under Cement NewsThe Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the 10 months of July 2019 to April 2020. It visibly carries the impact of coronavirus on the cement industry in the country. Pakistan's cement industry has earned export revenue of US$223.20m by exporting 5.949Mt of cement and clinker in 10MFY19-20, compared to US$243.12m from 5.738Mt of exports in the year-ago period. This represents a 8.2 per cent decline in terms of value in dollars, but adds a grow... |