Cement News tagged under: Indian sib-continent

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RHI wins consultancy contract for Sri Lankan grinding plant

28 May 2024, Published under Cement News

Reliance Heavy Industries of Egypt has been awarded a consultancy contract for the construction of a greenfield grinding plant with a cement capacity of 100tph. The clinker grinding facility will be situated in Sri Lanka and the contract was awarded by Exim Finance Group of the UAE.

Pakistan manufacturers post strong 1HFY22-23 financial results

27 February 2023, Published under Cement News

According to the Pakistan Stock exchange (PSX), Pioneer Cement Ltd (PIOC) earned a profit of PKR1.76bn (US$6.81m) in 1HFY22-23 compared to PKR1.14bn made in the previous year’s corresponding period. This reflects a growth of 54.1 per cent YoY. PIOC's gross sales increased by 19.4 per cent to PKR25.08bn in 1HFY22-23 from PKR21bn during the same period last year. It incurred distribution expenses of PKR61m against PKR52m in the previous financial period. The administrative costs rose to P...