Cement News tagged under: Pakistan
Flying Cement Co slates expansion to complete in 3QFY2218 June 2021, Published under Cement NewsFlying Cement Co Ltd (FCC) announced that its plant expansion in Mangowal, Kushab district of Pakistan's Punjab province is due to come online in the 3QFY22. The cement plant has an existing clinker production capacity of 4000tpd (Line I) and the company's Line II project will add a further 7700tpd to take total clinker production capacity to 11,700tpd. Out of the PKR10.2bn (US$64.8m) total projected cost for the expansion, FCC has already incurred PKR7bn. Taking into account the plant's ... |
Pakistan's Federal budget 2021/22 has benefits for cement industry16 June 2021, Published under Cement NewsPakistan’s Finance Minister, Shaukat Tarin, presented the PKR8.48trn (US$54bn) federal budget for 2021-22 in the National Assembly last week. The government had set the GDP growth target at 4.8 per cent against the expected 3.9 per cent for the outgoing financial year. In addition, Islamabad allocated a considerable fund for Public Sector Development Programme (PSDP). These indirect incentives are conducive for the cement industry in Pakistan. Research experts believe and unanimously termed... |
Pakistan’s cement dispatches surge07 June 2021, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) has reported considerable growth in domestic and export cement dispatches for May 2021 and the 11MFY21. It registered an increase of 49.9 per cent in May 2021, when total cement/clinker dispatches were 3.947Mt against 2.634Mt in the same month of last fiscal year. In the 11MFY21, total cement dispatches stood at 52.222Mt, representing a 20.9 per cent advance when compared with 43.189Mt of cement dispatched during the 11MFY20. Ma... |
Maple Leaf selects Descon for new clinker line31 May 2021, Published under Cement NewsMaple Leaf Cement Factory Ltd (MLCFL) has awarded the contract for the construction of its upcoming Line 4 to Descon Engineering Limited. The scope of work includes the civil works for the 7000tpd clinker production line at the existing Maple Leaf Cement Factory in Iskanderabad, Mianwali district, Pakistan. Chengdu Design & Research Institute of Building Materials Industry Co Ltd, China, was awarded the contract for the supply of equipment in March. Descon has a long-standing relati... |
Bestway Cement to set up greenfield cement plant in Punjab27 May 2021, Published under Cement NewsBestway Cement Ltd has informed the Pakistan Stock Exchange on 27 May that it is setting up a greenfield cement plant with a clinker capacity of 7200tpd, near Paikhel, Mianwali, Punjab province. Company Secretary, Sehar Husain, added that the plant would have a 9MW waste heat recovery plant built by Sinoma International Engineering Co Ltd of China. In addition, all necessary regulatory approvals and financial arrangements have been secured. However, no time frame of completion wa... |
Pakistan records mixed export and production data26 May 2021, Published under Cement NewsThe Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-April 2021 (10 months) and July 2020-March 2021 (nine months) periods. It continues to post mixed trends in export and local production. Export volumes increased during this period, but revenues remained thin in dollar terms, reflecting a weaker price market for cement and clinker. Meanwhile, local output increased driven by high local demands and enabled by capacity e... |
Sinoma to expand Lucky Cement's WHR capacity12 May 2021, Published under Cement NewsPakistan’s Lucky Cement has signed an agreement with Sinoma Energy Conservation for the expansion of its two waste heat recovery (WHR) units in Pezu, Khyber Pakhtunkhwa. The capacity of the two plants is expected to advance by around 4MW. The companies have worked together since 2008 on the original WHR lines at Pezu with a generating capacity of 10MW each, as well as the 15MW Karachi EFG power plant project and a waste heat boiler extension in Karachi. |
Pakistan's cement industry sees monthly growth of 40%05 May 2021, Published under Cement NewsPakistan’s cement industry registered strong growth of 40.4 per cent in April 2021, when total cement dispatches reached 4.943Mt versus 3.52Mt during the same month of the previous fiscal. Similarly, the country saw a massive surge in cement exports by 252 per cent, while local dispatches rose by 24 per cent during the month. According to data released by the All Pakistan Cement Manufacturers Association (APCMA), local dispatches during April 2021 increased to 4.066Mt from 3.271Mt a year ea... |
Lucky Cement announces record profits29 April 2021, Published under Cement NewsPakistan’s Lucky Cement has reported a record consolidated profit after tax of PKR22.15bn (US$144.39m) in the first nine months of the FY20-21. The company’s net profit surged 292 per cent YoY, on the back of improved profitability from its cement segment which saw better efficiency from its new line in northern Pakistan. Gross turnover advanced 63 per cent to PKR202.16bn from PKR123.99bn in the 9MFY19-20. On a standalone basis, its overall sales volumes of cement climbed 31.1 per cent to... |
Thal Ltd plans bag plant in Hub in Balochistan29 April 2021, Published under Cement NewsThal Ltd, a subsidiary of House of Habib and paper bag manufacturer to a range of industries including Pakistan's cement companies, is setting up a plant to manufacture polypropylene woven bags in Hub with an investment of PKR1.7bn (US$11m). The state-of-the-art plant that has the capacity to produce 90m bags annually has been procured from Windmöller & Hölscher of Germany. Expressing his views on this new investment, CEO of Thal PPD, Syed Umair Ahmed, said, "Thal Ltd also has a p... |