Cement News tagged under: trading
India: CMA seeks fairer taxes for cement10 July 2014, Published under Cement NewsThe Indian Cement Manufacturers Association (CMA) has requested in its pre-budget memorandum 2014-15 that cement be stipulated as 'Declared Goods', so that it is put on an equal footing with other core sector goods like coal and steel in terms of taxation. At present, while the cement industry in India is one of the country's basic and core infrastructure industries, cement is subject to higher rates of taxation. The CMA intends to rationalise and reduce the excise duty on cement from its... |
Vessel with clinker imports sinks in Bangladesh13 June 2014, Published under Cement NewsA light local vessel, MV Brishti, laden with 9500t of clinker imports capsized in the Bay of Bengal near Patenga beach in Chittagong, Bangladesh following a collision with the sunken ship MV Rita on 12 June. The clinker was imported by local cement company Diamond Cement for use in its production plant and was heading to Diamond's private jetty on the Karnaphuli river after unloading from the bulk carrier, Xing Peng Da at outer anchorage. Due to the port congestion at Chittagong or in cas... |
Vietnam exports rise 41% YoY21 May 2014, Published under Cement NewsVietnam exported 8.38Mt of cement and clinker worth US$355m in the first four months of this year, up 41 and 43 per cent in terms of volume and value, respectively, the General Department of Vietnam Customs said. The total included 6.2Mt of clinker and 2.2Mt of cement, the department said on its website Tuesday. In April, the country’s cement and clinker exports fell 4.4 and 5.3 per cent, respectively, from March to 2Mt worth US$84m, comprising 1.5Mt of clinker and 500,000t of cement. ... |
Al Jouf completes supply agreement12 May 2014, Published under Cement NewsSaudi-Arabia based Al Jouf Cement said in a bourse statement today that it has completed supplying clinker and cement according to the contracts signed with Al-Rajhi Factory in Jordan. The company added that the contract value totals nearly SAR47m (US$12.5m). |
Eurocement-Ukraine shipments up 10.7%07 May 2014, Published under Cement NewsDespite the difficult circumstances in the Ukraine, Eurocement-Ukraine shipped 73,767t of cement to its customers in January and February 2014, a 10.7 per cent increase on the results for the equivalent period last year (7137t). CEM I 42.5N and CEM II/A-S 32.5R cement types were the most in demand and are widely used in the construction of residential housing and commercial buildings, as well as road surfaces. In the first two months of 2014, 42,935t of these types of cement were shipped, w... |
Russian imports from Belarus increase by 85% in 1H1406 May 2014, Published under Cement NewsIn 1H14 Belarusian cement producers increased their supplies to Russia by 85.6 per cent YoY, reports BelTA. Quoting CMPRO data BelTA states that in January-March 2014 Belarus shipped 278,000t of cement to the Russian market. Russia also buys cement from the Baltic states, Iran, Sweden and Turkey. In January-March 2014 Russia imported 744,000t of cement, ie 3.1 per cent down from the same period a year before. According to the cement research organisation, in terms of Russian exports, B... |
Adelaide Brighton flags potential profit hit14 March 2014, Published under Cement NewsAdelaide Brighton Ltd has cautioned that potential changes to a South Australian cement supply deal could result in a AUD15m profit hit. The company has warned one of its customers has proposed constructing facilities in Adelaide which would allow it to supply its own cement in the state. Adelaide Brighton says the customer now buys about 120,000t of cement in SA. If the company were to lose the volume from 1 January 2016 Adelaide Brighton expects its profit before tax in 2016 could ... |
Al Jouf signs clinker supply agreement with Jordanian producer06 March 2014, Published under Cement NewsSaudi cement producer and trader Al Jouf Cement said in a bourse statement that it has signed a SAR28m (US$7.5m) agreement with Jordan-based Al Rajhi Cement, under which the latter will supply clinker to Al Jouf Cement. |
Al Jouf signs clinker supply agreement with Jordanian producer06 March 2014, Published under Cement NewsSaudi cement producer and trader Al Jouf Cement said in a bourse statement that it has signed a SAR28m (US$7.5m) agreement with Jordan-based Al Rajhi Cement, under which the latter will supply clinker to Al Jouf Cement. |
Pakistan export volumes and revenues fall in 7MFY1425 February 2014, Published under Cement NewsPakistan’s export volumes fell 7.5 per cent YoY in the first seven months of the current Pakistan fiscal, while revenues were also down 13 per cent over the same period. During the July 2013-January 2014 period, the country exported 4.85Mt of cement on revenues of US$295.52m compared to 5,243Mt at US$340.57m in the comparative period of the year before. The average export price of cement fell by 6.18 per cent to US$60.93/t from US$64.94/t in the seven month period of the previous fiscal, ... |