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Cement and Concrete Association of Malaysia defends price rises

17 June 2019

Malaysia: The Cement and Concrete Association of Malaysia has defended a reported 40% rise in the price of cement due to unsustainable mounting input costs. It said that over the last few years the cement industry had suffered from an increase in cost of electricity, packing materials, imported fuels, raw materials and equipment, according to the Star newspaper. It added that jobs in the sector would be at risk if it did not pass on its costs adequately.

Business representatives have complained about the sudden hike in cement prices. Penang Master Builders and Building Materials Dealers Association adviser Datuk Lim Kai Seng described the sudden increase as ‘unfair.’ Finance Minister Lim Guan Eng also described the situation as unprecedented. He said he would refer the matter to the Domestic Trade, Consumerism and Cooperatives Affairs Minister Datuk Seri Saifuddin Nation Ismail.

Published in Global Cement News
Tagged under
  • Malaysia
  • Cement and Concrete Association of Malaysia
  • Price
  • Government
  • GCW410

Bolivian government to further prioritise use of locally produced cement

17 June 2019

Bolivia: The Bolivian parliament has approved draft legislation prioritising the use of locally produced cement by local government and state-owned companies for infrastructure projects and road construction. The law will support the opening of two new cement plants at Potosí and Oruro in late 2019, according to El Potosi. The new rules further extend a decree announced in March 2019.

Published in Global Cement News
Tagged under
  • Bolivia
  • Government
  • Plant
  • ECEBOL
  • Empresa Publica Productiva Cementos de Bolivia
  • Roads
  • Infrastructure
  • GCW410

Cosco Group signs logistics deal with Anhui Conch

17 June 2019

China: Cosco Shipping Bulk, part of Cosco Group, has signed a strategic deal with Conch Logistics, the logistics subsidiary of Anhui Conch. The agreement will see the two companies jointly develop in the cement logistics sector, according to Asia Shipping Media. In December 2018 Anhui Conch ordered four 12,500DWT bulk carriers from the Jiangdong Shipyard with delivery scheduled in 2020. Cosco Shipping Bulk operates the largest bulker fleet in the world with total capacity of over 33MDWT.

Published in Global Cement News
Tagged under
  • China
  • Cosco Group
  • Anhui Conch
  • Shipping
  • Conch Logistics
  • logistics
  • agreement
  • GCW410

Falsely declared cement seized at Chattogram Port

17 June 2019

Bangladesh: The Chattogram Customs Authority has seized 30 containers of cement imported under false declaration by Pran Dairy at Chattogram Port. Sources quoted by the Daily Sun newspaper said that the company has attempted to avoid paying the correct import tariffs by falsely declaring the consignment as high-density polyethylene (HDPE) for the UAE. However, when custom officials examined the shipment they found Saudi Arabian-branded cement instead.

A total of 10,200 sacks of 50kg bags of cement were found. The duty payable on HDPE is 32% compared to 91% for cement. The importer was attempting to avoid paying import tariffs of over US$350,000.

Published in Global Cement News
Tagged under
  • Bangladesh
  • Port
  • Import
  • Tax
  • Fraud
  • Saudi Arabia
  • UAE
  • GCW410

Dyckerhoff cement plants in Russia and Ukraine gain OHSAS certification

17 June 2019

Russia/Ukraine: Dyckerhoff cement plants in Russia and Ukraine have gained OHSAS 18001 or ISO 45001 certification in occupational safety. The OHSAS 18001 and ISO 45001 standards provide for a safe and healthy workplace environment and set forth guidelines for continually identifying and controlling health and safety risks, reducing accidents and improving overall performance.

Published in Global Cement News
Tagged under
  • Russia
  • Ukraine
  • certification
  • Dyckerhoff
  • Buzzi
  • Plant
  • OHSAS
  • ISO
  • health & safety
  • GCW410
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