Cement News tagged under: trading
Masaveu doubles US exports in 201927 February 2020, Published under Cement NewsMasaveu has doubled its export shipments to the USA from its Tudela Veguín plant in Spain in 2019. The US is now the third-largest market for the cement producer, representing an export volume of 118,673t in 2019, compared to 50,061t in the previous year. The exports to the US account for 18.3 per cent of the company’s total exports. To improve its export operations the company inaugurated a new terminal in Muelle Norte, to expand its El Musel facility, at the end of 2019. It is the third ... |
Turkmenistan exports 0.256Mt in 201921 February 2020, Published under Cement NewsTurkmenistan’s Lebap cement plant in Koytendag district exported 256,000t, or nearly 30 per cent of its production, in 2019. The majority of exports were M400 and M500 cement shipments, which were delivered to Uzbekistan and Afghanistan. The plant is one of the largest in central Asia and its production capacity of 1Mta could be extended to 1.5Mta. There are also plans to build a further, similar plant in the district to increase the country’s cement export potential. |
Pakistan sees mixed export revenue trend in 7MFY19-2019 February 2020, Published under Cement NewsPakistan's exports increased in volume terms over the first seven months of FY19-20, but declined in value terms. Meanwhile, in January 2020 exports increased both in terms of volume and value on a MoM basis. The country's cement sector earned US$170.13m by exporting 4.484Mt of cement and clinker between July 2019 - January 2020, compared to US$184.34m from 4.334Mt of exports in the comparative period of a year earlier, according to the country's Federal Bureau of Statistics. This repres... |
Axle load limit likely to hit Pakistan cement industry17 February 2020, Published under Cement NewsDispatches of cement, clinker and other raw materials to and from factories in Pakistan via local transporters is expected to become more costly after the implementation of the NHSO 2000 axle load limit on carriers from 17 February, says an official announcement from the All Pakistan Goods Transports Owners Association. The policy will ultimately increase the cost of sales and transportation for cement industry in Pakistan, experts have observed. The export of cement/clinker will al... |
Carthage Cement to start exports to Europe12 February 2020, Published under Cement NewsFollowing the award of a CE mark, Tunisia-based Carthage Cement will start exports to Europe from March 2020 onward, reports ilBoursa. The first shipment will consist of 150,000t of cement. “This operation marks a new horizon and a new opportunity for the company as part of its drive to diversify the destinations of its products and its commercial fulfilment,” said the company in a statement. |
Cement exports from Bangladesh slide in 7MFY19-2006 February 2020, Published under Cement NewsBangladesh's cement industry has earned an export revenue of US$6.11m in the 7MFY19-20 (July 2019-January 2020), compared to US$6.55m earned in 7MFY18-19, a contraction of 6.7 per cent YoY. The export figure also includes a minor amount of salt, stone and related products, says data of Bangladesh Export Promotion Bureau (EPB). However, the export value for cement increased by 0.5 per cent above the the 7MFY19-20 government target of US$6.08m. The EPB had set a lower export target for the... |
Cement prices receding in Pakistan03 February 2020, Published under Cement NewsCement prices in the northern region of Pakistan are starting to soften on account of various reasons observed the local research house Intermarket Securities Ltd. Cement prices in the northern region have declined from its recent peak of PKR535/bag (US$3.46) (December 2019) to below PKR450/bag in some markets. The main reason behind this slide is reduced demand in the winter season while new capacities have been added rapidly (three new units of cumulative 8.5Mta added in the north in the... |
Economic activity is strengthening in Pakistan29 January 2020, Published under Cement NewsPakistan State Bank has stated that data of 1HFY20 for large scale manufacturing (LSM) indicates that economic activity is strengthening in export-oriented and import-competing industries, including gains in cement, while inward-oriented industries continue to slow. This was shared at a central bank meeting on 28 January 2020, when the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 13.25 per cent for coming two months. The decision reflected the MPC's view th... |
Amouda Ciment exports 3200t to Niger28 January 2020, Published under Cement NewsIn 2019 Algeria-based Amouda Ciment’s El Beida cement plant exported more than 3200t of cement to Niger, according to El Watan. The company’s first export shipment was carried out in August, when it supplied 1400t to Niger and was followed by two deliveries of 400t each in October and November. A further 1000t was exported in December. With a total value of US$340,000, the dispatches were the first exports of the cement plant and the company expects to increase export sales in the coming... |
FDI falls QoQ in Bangladesh23 January 2020, Published under Cement NewsBangladesh received gross foreign direct investment (FDI) of US$716.48m during the 3Q19 for the cement, textile, power, telecommunication, banking, foods, construction, trading, gas and petroleum, leather, chemicals, fertiliser, IT industry and other sectors, according to data released by Central Bank of Bangladesh. The country had received US$973.28m in previous quarter of April-June 2019 period and US$1.331bn in January-March 2019 period. This amounts to US$3.021bn between January-Septe... |