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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.
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.
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.
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.
Australia: Kirkland Lake Gold plans to build a US$28m cement plant at its Fosterville Gold Mine in Victoria. The unit will be used to manufacture products to fill underground voids left over by the mining process, according to the Bendigo Advertiser newspaper. This in turn will allow ore yields to increase by mining adjacent to the former voids. The new cement plant is expected to be operational in the second half of 2019. The decision to build a cement plant at the mine follows an announcement that gold yields at the site are expected to double in 2019.