Cement News tagged under: Pakistan
Pakistan first-half domestic sales rise, exports remain under pressure07 January 2013, Published under Cement NewsPakistan has recorded a rise in domestic cement sales in the first half of the current fiscal but export levels continue to remain under pressure. Latest data from the All Pakistan Cement Manufacturers’ Association (APCMA) shows that local dispatches in 1HFY12-13 rose by 7.61 per cent to 11.728Mt YoY however exports declined by 5.28 per cent during the period to 4.22Mt. Cement units located in the south registered growth of 7.98 per cent in local dispatches but a 16.34 per cent decli... |
Pakistan export volumes fall, rise in value terms03 January 2013, Published under Cement NewsDuring the first five months of the current fiscal (FY12-13) Pakistan exported 3.612Mt of cement and earned US$245.48m compared to 3.624Mt at US$192.31m in the corresponding period of last year. This shows that cement exports rose 27.65 per cent in terms of value in dollars but fell by 0.32 per cent in terms of quantity over the July-November FY11-12 period, according to data by Pakistan’s Federal Bureau of Statistics. However, in terms of the Pakistan rupee, exports rose 39.68 per cent... |
Pakistan: Thatta Cement captive power plant comes online24 December 2012, Published under Cement NewsPakistan cement manufacturer, Thatta Cement Company Limited (TCCL), has informed Karachi Stock Exchange (KSE) recently that its subsidiary, Thatta Power Limited (TPPL), has successfully started its captive power plant’s commercial production of power. TPPL has already contributed 13MW to Hyderabad Electric Supply Company Ltd (HESCO). Muhammad Taha Hamdani, CFO & Company Secretary, Thatta Cement Company, informed CemNet that apart from supplying electricity to the power utility, TCCL will al... |
Al-Abbas Cement proposes name change, Pakistan21 December 2012, Published under Cement NewsPakistan cement manufacturer Al-Abbas Cement Industries Ltd (AACIL) is to change its name to Power Cement Limited, the company said in a filing to the Karachi Stock Exchange. The company’s board of directors agreed the name change at a board meeting on 18 December 2012 which is subject to approval by regulatory authorities and shareholders of the company. During the first quarter of the current fiscal year, the company earned a profit of PKR109.88m compared to a loss of PKR173.38m in t... |
Lucky Cement recognised for 'green supply chain', Pakistan20 December 2012, Published under Cement NewsPakistan cement producer Lucky Cement has been awarded for its green supply chain operations and logistics at the Second International Shipping, Logistics and Supply Chain conference in Karachi. Lucky Cement was commended for a number of sustainability projects like alternative fuels usage, energy conservation and plantation drives. In addition, the company’s in-house power generation units have been revamped to ensure environmental efficiency. Mr. Noman Hasan, Chief Operating Officer,... |
Pakistan invites Expressions of Interest for new coal terminal18 December 2012, Published under Cement NewsThe Karachi Port Trust (KPT), which operates under Pakistan’s Ministry of Ports and Shipping, is inviting expressions of interest (EOI) to develop a dedicated coal terminal on a Build on Transfer (BOT) basis. The port authority is inviting consortiums of financial, legal and technical consultants/firms, to provide services to help it develop the terminal. The last date for receiving the EOI is 15 January 20 13. An official of the KTP told CemNet news that the new terminal will be used ... |
Pakistan transporters call off strike13 December 2012, Published under Cement NewsPakistan cement manufactures and exporters are breathing a sigh of relief following the announcement that the United Goods Transporters Alliance (UGTA) have ended their 11 day strike. An agreement was reached following successful negotiations with a two-member government committee formed by Pakistan Prime Minster Raja Pervaiz Ashraf, late on Wednesday night. M. Shoaib Khan, General Secretary of UGTA, told CemNet News that the government had accepted a number of points on their agenda of ... |
Transport strike impacts Pakistan cement production11 December 2012, Published under Cement NewsA week-long strike by the All Pakistan Goods Transport Owners Association (APGTA) is impacting the production of cement in Pakistan as manufacturers face a shortage of raw material supplies. Concerns are also now mounting that interruptions to production will disrupt the domestic supply chain as well as export deliveries. For the past week, truck owners have stopped picking up coal consignments for factories from the Port of Qasim, near Karachi, as they are striking over the enforcement... |
Pakistan cement shows a growth of 3.43% in 5MFY 201306 December 2012, Published under Cement NewsPakistan cement manufacturers and exporters during 5MFY 2013 showed a growth of 3.43% to raise total cement dispatches to 13.127Mt from 12.691Mt during the corresponding period of last year. The breakdown showed that local dispatches increased to 6.78% (9.484Mt), but exports declined by 4.38% (3.642Mt). However, in November alone, Pakistan's cement industry showed a growth of 17.47% on a YoY basis to driving total dispatches up to 2.649Mt, but they fell by 4.23% if compared with October da... |
Pakistan cement prices rise by PKR5/bag05 December 2012, Published under Cement NewsCement prices in Pakistan have increased by PKR5/50kg bag to PKR440-445 (~US$4.6) in various areas of the country, the Pakistan Observer reports. The rise is being attributed to a recent hike in coal prices which have seen an increment of around 10 per cent over the last three weeks."Cement industry experts said that during FY12, cement prices have followed an upward trend and posted an increase of nine per cent. Moreover, the Lahore High Court has ordered the construction of much del... |