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Al Khalij Cement signs oil well cement supply deal with Qatar Petroleum

14 March 2019

Qatar: Al Khalij Cement has signed a three-year deal to supply oil well cement to Qatar Petroleum. The agreement was signed by Qatar Petroleum’s Executive Vice President Projects, Engineering & Procurement Services Mohamed Al Marri and Qatari Investors Group chief executive officer (CEO) Raja Assili, according to the Qatar News Agency and the Peninsula newspaper. It was announced at the launch of Qatar Petroleum’s Tawteen program.

“We are delighted to have been selected by Qatar Petroleum for the supply of oil well cement. This represents an endorsement of the high quality standards of our production facility,” said Abdulla Bin Nasser Al Misnad, the chairman of Qatari Investors Group. Al Khalij Cement is a subsidiary of Qatari Investors Group.

Published in Global Cement News
Tagged under
  • Qatar
  • Al Khaliji Cement
  • Oil well
  • Deal
  • Qatar Petroleum
  • GCW396

Iran to export 14,500t of cement to Somalia

14 March 2019

Somalia: Pejman Bahrami, the deputy head of Qeshm Free Zone Organisation for maritime transport and port affairs, says that 14,500t of cement will be exported to Somalia. It will be transported on a Tanzanian ship, the AMINA-H, that is currently being loaded, according to the Fars News Agency. The Iranian cement industry has a production capacity of 80Mt/yr. It sends its exports to countries including Iraq, Azerbaijan, Turkmenistan, Afghanistan, Russia, Kazakhstan, Kuwait, Pakistan, Qatar, Turkey, the UAE, Georgia, Oman, India, Somalia and China.

Published in Global Cement News
Tagged under
  • Somalia
  • Iran
  • Export
  • Shipping
  • GCW396

Tanga Cement reduces losses in 2018

14 March 2019

Tanzania: Tanga Cement says it expects to reduce its losses by around 50% in 2018. It said that the local cement market improved notably in 2018 and that the cement producer improved its trading results and profitability, according to the Daily News newspaper. In 2017 the company reported a loss of US$11.5m due to local competition.

Published in Global Cement News
Tagged under
  • Tanzania
  • Tanga Cement
  • Results
  • GCW396

Whale Rock Cement eyes up export market

14 March 2019

Namibia: Whale Rock Cement says it plans to start exporting cement to countries in Africa following the accreditation of its Cheetah Cement products with the Namibia Standards Institute and the South African Bureau of Standards. It hopes to send its exports to Mozambique, Congo and Ivory Coast, according to the Namibian Sun newspaper. The cement producer started producing clinker at its 1.2Mt/yr integrated plant near Otjiwarongo in late 2018. Prior to this it was importing clinker from Egypt.

Published in Global Cement News
Tagged under
  • Namibia
  • Whale Rock Cement
  • Export
  • Egypt
  • Import
  • Clinker
  • Namibian Standards Institute
  • South African Bureau of Standards
  • Mozambique
  • Congo
  • Ivory Coast
  • GCW396

Caribbean Community rules in favour of Rock Hard Cement in tariff row

14 March 2019

Trinidad & Tobago: The council of trade ministers in the Caribbean Community (CARICOM) has agreed to the classification of Rock Hard Cement’s products in Trinidad. Rock Hard Cement has faced legal action from its competitor Arawak Cement about the designation of its products and the tariffs they incur, according to the Barbados Today newspaper. The matter will be referred to the Caribbean Court of Justice (CCJ) in June 2019 for final arbitration.

Trinidad Cement, the owner of Arawak Cement, took legal action against Rock Hard Cement in the CCJ alleging that the cement importer was misclassifying its products as ‘other hydraulic cement’ instead of ‘Portland cement-building cement grey’ leading to a lower import duty. However, the World Customs Organisation and CARICOM’s Council for Trade and Economic Development (COTED) have both ruled in favour of Rock Hard Cement. As such it only incurs a tariff of up to 5%. Rock Hard Cement said that it expects the CCJ to uphold COTED’s ruling in June 2019.

Published in Global Cement News
Tagged under
  • Trinidad & Tobago
  • Caribbean Cement
  • Rock Hard Cement
  • Import
  • Tax
  • Caribbean Community
  • Caribbean Court of Justice
  • Legal
  • Arawak Cement Limited
  • Trinidad Cement
  • GCW396
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