Cement News tagged under: trading
Carib Cement receives cheque from government for Venezuela exports23 January 2014, Published under Cement NewsThe government of Jamaica has given Carib Cement Co a cheque worth US$1.69m as part payment for the provision of clinker to Venezuela under the Trade Compensation Mechanism of the PetroCaribe Agreement. The initiative will see Jamaica supply Venezuela with some 100,000t of clinker valued at approximately US$8.5m. The clinker shipments began in December 2013 and are expected to continue until May 2014. Jamaica’s Minister of Finance and Public Service, the Hon. Dr Peter Phillips, gave a c... |
Unye Cimento to open Romanian branch23 January 2014, Published under Cement NewsTurkish cement producer Unye Cimento Sanayi ve Ticaret is to open a branch for the import, export and sale of bulk and bagged cement in Romania’s Black Sea town of Mangalia, the company said. The branch will take over the operations of the company’s Romanian unit Unye Cem SRL, Unye Cimento said in a bourse filing on Tuesday, without providing further details. |
Cemex to export 100,000t white cement from Sagunto22 January 2014, Published under Cement NewsMexico-based cement producer Cemex anticipates it will export 100,000t of white cement through the port of Sagunto, Spain. A first shipment is expected to leave the port for Greece, carrying 4500t of cement. A second dispatch will deliver a similar volume in big bags. White cement demand has experienced a surge in north African countries as the material is enjoying growing popularity in the construction of both public and private buildings, according Carlos Moreno, Cemex Levante’s directo... |
Oman seeks anti-dumping measures30 December 2013, Published under Cement NewsUAE cement producers have defended their export levels to Oman after Raysut Cement Company calls for anti-dumping measures to be put in place to restrict imports from the neighbouring country. Raysut Cement is now urging the Omani government to put a "ceiling" on the amount of imports from UAE producers, stating that they " are offloading a large amount of cement in Oman, which has pushed prices down to a low level, especially in northern Oman," according to Samidh Mukhopadhya, CFO of O... |
Pakistani cement exports to India down 11%27 December 2013, Published under Cement NewsPakistan’s cement exports to India posted a fall of 11 per cent during Jul-Nov of this fiscal year compared to the same period last fiscal year, according to the Pakistani Business Recorder. Industry sources said non-tariff barriers are hampering cement export to India, which fell from 183,400t to 163,500t over the five months. Pakistan’s overall cement exports fell by three per cent to 3.5Mt. Currently, the country’s cement producers export around 25 per cent of total production. |
Cement exports rise for Vietnam producers19 December 2013, Published under Cement NewsVietnam exported 12.45Mt of cement and clinker in the last 11 months or 2013, representing a YoY increase of almost 63 per cent. Tran Van Huynh, president of the Vietnam Construction Materials Association (VCMA), said the rise in exports was an attempt to clear surplus inventory because of low prices and similar situation in many countries. During the period, the country’s total cement sales rose nearly 13 per cent against the same period last year, reaching 55.17Mt. The Ministry of Const... |
Pakistan: US$5 cement bag on the way19 December 2013, Published under Cement NewsThe price of a bag of cement in Sindh and Balochistan has jumped beyond PKR500 (US$4.70), a private news channel reports. Cement industry sources were quoted as saying that the cement price has been increased in the range of PKR10-20/bag (US$0.09-0.19), due to the power tariff hike and rise in the international prices of coal, which has pushed up the per bag price of cement towards US$5. Analysts said that the price of cement was seen generally declining in winter due to the slowdown in... |
Jamaica close to concluding PetroCaribe supply deal17 December 2013, Published under Cement NewsThe government of Jamaica is close to concluding a supply contract with Venezuela to use cement exports to meet some debt repayment obligations under the PetroCaribe agreement. Under the Trade Compensation Mechanism of the PetroCaribe energy cooperation agreement, Jamaica is allowed to settle a portion of its oil debt to Venezuela through the export of goods and/or services. According to a report by the Economic Intelligence Unit (EIU), the cement agreement would entail initial sales of 1... |
Vietnam cement industry exports 14Mt13 December 2013, Published under Cement NewsVietnam's cement exports are expected to reach nearly 14Mt in 2013, the highest level ever exported. According to the Industry and Trade newspaper, in the first 11 months of this year the country exported 12.5Mt of cement, a YoY rise of nearly 65 per cent. Southeast Asia and the Middle East are the two main markets for Vietnam's cement, while Malaysia and Indonesia are the nation's largest importers of cement in the southeast Asian region. Meanwhile, the country's domestic consumption of... |
Vietnam cement industry exports 14Mt13 December 2013, Published under Cement NewsVietnam's cement exports are expected to reach nearly 14Mt in 2013, the highest level ever exported. According to the Industry and Trade newspaper, in the first 11 months of this year the country exported 12.5Mt of cement, a YoY rise of nearly 65 per cent. Southeast Asia and the Middle East are the two main markets for Vietnam's cement, while Malaysia and Indonesia are the nation's largest importers of cement in the southeast Asian region. Meanwhile, the country's domestic consumption of... |