Cement News tagged under: Pakistan
Lucky Cement announces 3.15Mta Pezu expansion02 February 2021, Published under Cement NewsPakistan’s Lucky Cement Ltd has announced a further expansion to its Pezu plant on the back of positive results from the domestic cement sector. "Keeping pace with the increasing demand in the domestic cement industry, on the back of revival of economic activity and uptick in construction projects including both retail level projects as well as mega infrastructure development projects the company has decided to enhance its cement production capacity at its Pezu Plant by 3.15Mta," said the ... |
Dewan Cement appoints new CEO29 January 2021, Published under Cement NewsPakistan’s Dewan Cement has announced the appointment of a new Chief Executive Officer and Director, with effect from 27 January. Malik Bilal Omar has been appointed in the role after the departure of Syed Muhammad Anwar. |
Cherat Cement Co plans Line No 1 modernisation19 January 2021, Published under Cement NewsCherat Cement Co Ltd has informed Pakistan Stock Exchange (PSX) that the Board of Directors in its meeting held on 18 January 2021, decided to undertake balacing, modernisation and replacement (BMR) for Cement Line 1 and install the main crusher at Lakrai village, Nowshera district, Khyber Pakhtunkhwa (KPK) province, Pakistan. According to Executive Director and Company Secretary, Abid Vazir, these measures will help improve the operational efficiencies of the plant. The total cost of BMR... |
Pakistani cement exports fall 9% in December18 January 2021, Published under Cement NewsCement exports from Pakistan saw an 8.6 per cent YoY decline to US$19.253m in December when compared with US$21 in December 2019, according to the Pakistan Bureau of Statistics attributed this drop to the closure of ports, lower trade activity on the Pakistan-Afghanistan border and lower demand from international buyers as a result of the coronavirus pandemic. MoM cement exports were up 6.2 per cent when compared with US$18.129m in November 2020. Export volumes increased 19 per cent MoM ... |
Pakistani cement producers increase output18 January 2021, Published under Cement NewsThe output of Pakistan's large-scale manufacturing industries (LSMIs), including cement production, witnessed an increase of 14.5 per cent YoY in November 2020, and of 7.4 per cent YoY in 5MFY20-21, according to Pakistan's Federal Bureau of Statistics. Pakistani cement production increased by 21.3 per cent YoY to 20.442Mt in July-November 2020 from 16.852Mt in the same period last year. The rising trend was also witnessed in November 2020, when production significantly rose by 13 per ... |
Dandot Cement Co announces 81% fall in net sales06 January 2021, Published under Cement NewsPakistan’s Dandot Cement Co has announced an 81.4 per cent YoY fall in net sales to PKR296m (US$1.84m) for the year ended 30 June 2020, compared to PKR1.59bn in the previous year. The company also reported a loss after tax of PKR695m against a PKR624.5m profit in the FY18-19. |
A promising start to the new year in Pakistan05 January 2021, Published under Cement NewsThe cement industry in Pakistan kicked off the FY20-21 on an exciting note. During the first six months of the current fiscal year, total cement dispatches grew by 15.7 per cent, from 24.751Mt in July-December 2019, to 28.628Mt in July-December 2020. Local dispatches have increased by 15.9 per cent in July-December 2020 to 23.61Mt from 20.373Mt in July-December 2019. Exports also increased from 4.377Mt in July-December 2019 to 5.017Mt in July-December 2020, showing a growth of 14.6 per cent.... |
Coal prices force up cement hikes in northern Pakistan04 January 2021, Published under Cement NewsPersistent price hikes for cement in nothern Pakistan have resulted from higher coal prices. Cement prices in north Pakistan rose by PKR10 (US$0.062), to reach retail prices of PKR565-570/bag from 31 December 2020. “The increase in cement prices comes on the back of a significant rise in international coal prices over the past two months, as per our channel checks,” said Shankar Talreja, Topline Securities deputy head of research. Between October 2020 and January 2021, coal prices ha... |
DG Khan’s continuous drive22 December 2020, Published under Cement NewsDG Khan Cement Co Ltd is one of Pakistan’s largest producers with a total capacity of 6.72Mta. Having launched a new integrated line in 2018, the company continues investing in its domestic manufacturing base to improve energy efficiency and reduce power consumption and production costs. By Shahid Ghazanfar (Hub Plant) and Muhammad Shafiq (DGK 1 Plant), DG Khan Cement Co Ltd, Pakistan. DG Khan’s 9000tpd Hub cement plant is the most recent addition to the company’s domestic production ... |
CCP finds evidence of cartelisation in Pakistan16 December 2020, Published under Cement NewsThe Competition Commission of Pakistan (CCP) has finalised an inquiry report that shows evidence of cartelisation by the cement sector, reports Dawn. The inquiry report was finalised for All Pakistan Cement Manufacturers Association (APCMA) members in the northern region of the country, as the Sindh High Court had restrained the CCP from using material collected from cement companies in the south zone (Sindh). Cement prices increased by up to INR50/bag in May, June and August 2020, accor... |