Cement News tagged under: APCMA
Pakistani exports record YoY fall but MoM rise30 June 2016, Published under Cement NewsPakistan's cement exports have recorded a marked fall in the first 11 months of FY15-16 as overseas demand has dropped and competition has intensified, according to data of the Pakistan Bureau of Statistics (PBS). The domestic cement industry exported 5.58Mt of cement with a total value of US$301.33 during July 2015-May 2016, compared to 7.184Mt and US$413.38 in the corresponding FY14-15 period and reflecting a fall in volume and value of 22.31 and 27.1 per cent, respectively. The averag... |
Pakistan: producers eye northern construction growth10 June 2016, Published under Cement NewsThis week saw further evidence of resurgent growth in Pakistan’s cement industry as dispatches rose 10.6 per cent YoY. With the All Pakistan Cement Manufacturers Association (APCMA) relating that the growth in cement sales was solely down to higher domestic demand, there is much for the country’s cement producers to be enthusiastic about going forward, especially if they have strong representation in the north. Overall, per capita cement consumption is one of the lowest in Asia at 166kg, off... |
APCMA budget proposals02 June 2014, Published under Cement NewsThe All Pakistan Cement Manufacturers Association has proposed a number of incentives to facilitate the industry ahead of tomorrow’s 2014-15 Budget announcement. Among the budget proposals from the APCMA, it has called on the government to abolish the Federal Excise Duty on cement (currently FED400/t) in a phased manner, and reduce general sales tax (GST) from 17 to 12.5 per cent. Officials from the country’s Federal Board of Revenue (FBR) stated that the government promised cement ma... |