Cement News tagged under: trading
Gaza receives Saudi Arabian housing aid and Israeli cement24 March 2017, Published under Cement NewsSaudi Arabia has contributed US$80m towards reconstructing Gaza homes destroyed during the 2014 Israeli military bombing, Minister of Housing, Mufeed Hasayneh, said on Thursday. He told a press conference in Gaza that US$40m will be disbursed in cooperation with the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) to 1300 beneficiaries, while US$10m of the remaining US$40m will go toward reconstructing 274 homes in coordination with the United Nations Development Progr... |
Pakistan: exports continue to decline in 8MFY16-1723 March 2017, Published under Cement NewsPakistan cement exporters have earned revenues of US$12.24m on exports of 229,819t cement in February 2017, compared to US$22.268m on 411,257t of exports in the previous month. These figures represent a MoM decline in dollar value and volumes of 45 percent and 44.1 per cent, respectively. However, when compared with February 2016 (519,733t with a value of US$28.131m), volumes slipped by 56.5 per cent and the value was down by 55.8 per cent, according to the country's Federal Bureau of Stati... |
Zimbabwe: PPC calls for import ban15 March 2017, Published under Cement NewsIn 2016 the Zimbabwean government introduced a 25 per cent duty on every 100t of imported cement to discourage cheap imports. However, according to PPC Zimbabwe, imports continue to enter the country. “In addition to liquidity challenges, we continue to face pressure from cheap imports. Government has tried to assist by introducing duty on imported cement, but the reality on the ground is that imports continue to pour in, particularly from Zambia,” PPC Zimbabwe Managing Director, Kelibone... |
Vietnam exports 3Mt of cement and clinker in 2M1710 March 2017, Published under Cement NewsVietnam exported 2.95Mt of cement and clinker in the first two months of 2017, representing an increase of 18.7 per cent YoY. The total value of the shipments reached US$103.69m, up 13.2 per cent YoY, according to the General Department of Vietnam Customs. In February, clinker and cement exports rose 27.3 per cent MoM to 1.67Mt and 21.5 per cent to US$58.22m in terms of value. Key importers of cement during the 2M16 were the Philippines, Bangladesh, Taiwan and Mozambique. However, ... |
Pakistan: export revenue rise MoM but fall YoY06 March 2017, Published under Cement NewsPakistan cement exporters earned revenues of US$22.26m on exports of 411,257t cement in January 2017, compared to US$16.36m on 309,868t of exports in the previous month. These figures represent a MoM surge in dollar value and volumes of 36.05 per cent and 32.72 per cent, respectively. When compared annually with January 2016 (393,994t with a value of US$21.10m), volumes rose by 4.38 per cent and the value by 5.51 per cent, according to the country's Federal Bureau of Statistics. Howe... |
Brunei streamlines cement imports06 March 2017, Published under Cement NewsThe process of registering to import cement into Brunei Darussalam will take three working days, according to the country’s Energy and Industry Department. The office recently announced the abolition of the existing policy of cement import quota, effective 1 January 2017. New registrations need to be private limited companies (sendirian berhad) and registered under the construction sector with at least 70 per cent of its shareholders native Malayans (bumiputera). In addition, companie... |
Lafarge Algeria to export clinker from 201823 February 2017, Published under Cement NewsLafarge Algeria is preparing to export grey clinker from its local plants from 2018. The group already exports white cement from its Oggaz plants in the Mascara wilaya. "It is part of government policy to promote exports. There will be cement overcapacity in late 2017 compared to all the projects that are launched. We are preparing with other (cement manufacturers) to be able to export clinker from 2018, "says Serge Dubois, PR director at Lafarge Algeria. However, he emphasised that “c... |
Indonesia: Semen Padang starts exports to Australia23 February 2017, Published under Cement NewsSemen Padang, a subsidiary of PT Semen Indonesia, has started exporting cement to Australia as the company looks to broaden its customer base beyond the highly-competitive Indonesian market. In a first shipment the company delivered 22t of cement to Sydney. "The realised export to Australia, known as a difficult market to penetrate because of its strict [import] requirements, proves that the quality of Semen Padang’s products is something that the company can be proud of," Antara news age... |
Kenya: East African Portland Cement reports 1H16-17 pretax loss23 February 2017, Published under Cement NewsIn the first half of the FY16-17 ended December 2016 East African Portland Cement Co (EAPCC) has reported a pretax loss of KES533.7m (US$5.2m), an improvement when compared with the loss of KES745m reported a year ago. Revenues in the first half fell from KES4.62bn to KES3.72bn. EAPCC operates a 1.14Mt cement plant at Athi River and also owns downstream concrete activities. It is Kenya's fourth-largest cement producer after Lafarge Bamburi, Mombasa Cement and Savannah Cement. |
DR Congo: producers demand six-month import suspension21 February 2017, Published under Cement NewsCement producers in the Democratic Republic of Congo have urged the country’s Prime Minister, Samy Badibanga, to be tough on cement imports, demanding a suspension of cement imports for a six-month period, strengthening anti-fraud measures and continued logistics support to improve cement distribution. With the commissioning of PPC Barnet and Cimko plants supply to the west of the country is covered. Local production is expected to surpass the 2.8Mta mark. In addition, CILU’s works is bac... |