Displaying items by tag: Import
Zimbabwe: PPC Zimbabwe’s managing director Kelibone Masiyane has said that duty on cement imports has done little to discourage the market. The government introduced a 25% duty on every 100t of imported cement in 2016, according to the NewsDay newspaper. He singled out imports from Zambia as well as those from South Africa, Mozambique and Botswana.
“In addition to liquidity challenges, we continued 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,” said Masiyane. Despite this he added that PPC Zimbabwe was confident that the local economy would pick up in 2017 supported by infrastructure projects.
The Cement and Concrete Institute of Zimbabwe lobbied the Ministry of Industry and Commerce to ban imported cement in 2016. In a paper it suggested including a protection tariff to equate the landed price of imported cement to the cost of the local product, granting of import licences to local producers, cancelling or reviewing all issued permits that are circulating in the country and lowering duty on raw materials.
Brunei: The Energy and Industry Department at the Prime Minister’s Office (EIDPMO) has released information on its new policy for importing cement and the connected application process following the abolition of the previous method on 1 January 2017. Officials say that the changes are intended to open up the cement market in the country, increase competition, offer more market choice and reduce the price of cement amongst other aims, according to the Borneo Bulletin newspaper. Cement importers are required to register, their companies need to be at least 70% locally owned and applications will last two years. Personal allowances for citizens bringing cement across the border will be limited to two bags per vehicle.
Pakistan: The Federal Board of Revenue (FBR) has found that Zeal Pak Cement dodged paying US$19.7m to the authorities via tax evasion and money laundering schemes. As well as underpaying tax on imports of cement the cement producer also sent money to Iran, according to the National Herald Tribune newspaper. The FBR was alerted to the malpractice mid-way through importing a 86,500t consignment of Ordinary Portland Cement that was subsequently impounded. Zeal Pak Cement is also accused of fabricating false invoices and other documents.
Kyrgyzstan: Cement produced in Kyrgyzstan has become ‘uncompetitive’ since the country joined the Eurasian Economic Union. The State Committee for Industry, Energy and Mining has blamed this on high volumes of imports from Kazakhstan, according to the Tazabek newspaper. The country has five integrated cement plants.
Nepal: Data from the Trade and Export Promotion Centre (TEPC) has shown that the value of imports of clinker has increased by nearly six times year-on-year to US$84m in the first six months of the Nepalese fiscal year to mid-January 2017 from US$14m in the same period in the previous year. Dhurba Thapa, president of the local Cement Manufacturers Association, told the Kathmandu Post that the surge in clinker imports was due to a market correction following a ban on exports imposed by India in the previous year. He added that imports of clinker from India account for around 35 – 40% of Nepal’s total consumption.
Pakistan: The All Pakistan Cement Manufacturers Association expects local cement sales to grow by 26 – 28Mt by 2020. It made the forecast as part of a six- month review of the industry. Chairman Sayeed Saigol said that local sales grew by 8.6% year-on-year to 19.8Mt in the first half of the country’s financial year to 30 June 2017 from 18.2Mt in the same period in the previous period. Based on current growth trends he added that the industry would need to increase its production capacity. To this end it is increasing capacity to 72.3Mt/yr from the current capacity of 46Mt/yr.
Despite the anticipated growth in cement sales Saigol defended import duties to the countries on the grounds that the government benefits from taxation of the local industry. He has also urged the government to support the industry by placing an anti-dumping duty on Iranian cement. Exports of cement fell by 3.5% year-on-year to 2.91Mt from 3.02Mt with a particular fall in exports to Afghanistan.
Nepal: The value of clinker imported from India into Nepal has risen by 674% year-on-year to US$60.5m in the first four months of the local financial year that started on 16 July 2016 from US$7.8m from the same period in the previous year, according to the Trade and Export Promotion Centre. Dhruba Raj Thapa, president of Cement Manufacturers Association of Nepal, in comments to the Himalayan Times attributed the surge to a lack of raw materials, including limestone, which has forced producers to import clinker from India. He added that government restrictions on opening new mines have restricted the local industry's ability to produce its own clinker.
Uruguay: Fancap, the workers union of the Administración Nacional de Combustibles, Alcoholes y Portland (ANCAP), has criticised imports of cement produced in Turkey by Cementos Charrua. It says that these imports have been dumped in the country at lower than the local price of production, negatively impacting the local industry, according to the El Observador newspaper. Cement is allegedly imported from Turkey and then it is repackaged in bags with the Uruguayan brand for resale. Fancap has asked the government to reassess tariffs for cement imports. It says that these imports are affecting operations at both ANCAP and Cementos Artigas.
CORRECTION: This story originally mentioned Turkey's Çimsa Çimento in relation to Cementos Charrua. Çimsa says it has never been involved in any commercial cooperation with this company in Uruguay.
North Korea: Traders are importing more cement from China to meet demand for rebuilding following floods in North Hamgyong. The government has warned traders that future tenders will rely on how much cement they are currently providing for reconstruction work, according to DailyNK. A source quoted by the media source said that imports are favoured over local cement due to quality differences. The trading companies reportedly buy the cement in China and then donate it for free towards the restoration drive.
Algeria: Abdessalem Bouchouareb, the Minister of Industry and Mining, has said that his country will stop importing cement in 2017. He made the comments at a visit to the China Triumph International Engineering (CTIEC) cement plant being built at Adrar, according to the Algeria Press Service. The plant is nearly 90% complete and due to be commissioned at the end of 2016.
"The year 2017 will mark the end of cement imports in Algeria, with the commissioning of all cement plants across the country, whose total annual production capacity is expected to reach 6Mt," said Bouchouareb. He added that industrial projects will allow the country to achieve self-sufficiency in cement and begin to export it.