Cement News tagged under: Pakistan
Pakistan look to resume cement exports to South Africa16 December 2020, Published under Cement NewsPakistan's Intermarket Securities Ltd has reported that cement manufacturers are hopeful that exports to South African might resume soon as anti-dumping duties expire on 17 December 2020. Earlier, the International Trade Administration Commission (ITAC) of South Africa has issued a notice announcing the start of a review on the anti-dumping duties as their five-year term is set to expire. South Africa's anti-dumping duties, which range from 14-77 per cent, were imposed in 2015 on Paki... |
Balochistan seeks investment in new cement plants15 December 2020, Published under Cement NewsCurrently, DG Khan and Attock Cement are the only cement plants in Hub, Balochistan, but the government of Balochistan is considering inviting foreign and local investors to establish new cement plants in Pakistan’s largest province. The provincial government through the Chief Minister Office, Board of Investment & Trade (BBOIT) is seeking Expressions of Interest (EoI) in the form of Concept Notes or Proposals from interested parties, who wish to venture into the province by investing... |
Pakistan's Ministry of Commerce proposes concessionary electricity rates11 December 2020, Published under Cement NewsPakistan’s cement sector has approached the country’s Ministry of Commerce to request that the cement sector be declared a partial export industry. The sector also proposed incentivising electricity rates to the extent of the energy consumed for production of exportable quantities of cement and clinker. The Ministry is of the view that the supply of electricity to the cement industry at concessionary rates will help reduce the cost of production, thus rendering the industry competitive in... |
Punjab government approves five cement plants09 December 2020, Published under Cement NewsThe Punjab Chief Minister Sardar Usman Buzdar has approved setting up five new cement plants by the private sector in Punjab province, Pakistan, at an estimated investment of PKR150bn-200bn (US$0.935bn-1.246bn). The winners' names are yet to be disclosed officially, but the market believes approval was given to Lucky Cement, DG Khan, PIOC, Kohat Cement and Fauji Cement Ltd. Earlier, the cement industry in Pakistan expects double-digit growth in demand of 12-14 per cent for the current fis... |
Pakistan shows healthy dispatches in November 202007 December 2020, Published under Cement NewsPakistan's cement industry dispatched 4.508Mt domestically and overseas in November 2020, recording a growth of 4.2 per cent on a YoY basis, according to the All Pakistan Cement Manufacturers Association (APCMA). Out of the total dispatches, the local share increased by 6.3 per cent to 3.742Mt from 3.521Mt in November 2019, while exports registered a reduction of five per cent to 766,273t from 806,521t. This was the first instance of decreasing exports during the current fiscal. ... |
Cement imports pile up at Karachi Port02 December 2020, Published under Cement NewsCement is quickly building up at the entrance to Karachi Port, as many of the deep-draught berths at the port are currently occupied by wheat-importing vessels. Consequently, cement exporters are suffering huge financial losses from the costs incurred from detention, demurrage and delays to offloading their goods. In a letter to the maritime affairs minister, Power Cement CEO, Kashif Habib, stated that all three deep- draught berths available at Karachi Port are occupied. "Due to slow... |
Lucky Cement orders dual-fuel engines from Wärtsilä27 November 2020, Published under Cement NewsPakistan’s Lucky Cement has signed a contract with Wärtsilä for the supply of a combined cycle power plant with additional engine generating sets for its plant in Pezu, Khyber Pakhtunkhwa. The facility is already equipped with 10 dual-fuel engines, supplied by Wärtsilä. "With new cement lines installed, an additional three Wärtsilä 34DF dual-fuel engines, each with an output of 10MW, have been ordered to provide the additional power required for the power plant without grid connection," sa... |
Pakistan's exports surge in October24 November 2020, Published under Cement NewsPakistan’s cement industry earned a revenue of US$105.54m from exporting 3.23Mt of cement and clinker in the 4MFY20-21, compared with US$94.4m from 2.437Mt of exports in the year-ago period, according to the Federal Bureau of Statistics (FBS). The dispatches represent an 11.8 per cent YoY increase in dollar value terms and a 32.5 per cent growth in quantity. In October 2020 exports were up 24.8 per cent MoM to 1.023Mt from 820,107t in September. Revenue from exports also increased 19.7 pe... |
CCP investigates offices of APCMA23 November 2020, Published under Cement NewsThe Competition Commission of Pakistan (CCP), as part of an enquiry launched in May 2020 to investigate the possible anti-competitive activities of cement manufacturers, carried out a search and inspection of the offices of the chairman and vice chairman of the All Pakistan Cement Manufacturers Association (APCMA) in Karachi last Thursday. Two different teams entered and searched the offices and impounded the relevant records. The enquiry into the cement sector was based on information ga... |
PIBTL reports no congestion for coal imports20 November 2020, Published under Cement NewsPakistan International Bulk Terminal Ltd (PIBTL) has informed the government that its terminal at Port Qasim in Karachi is working smoothly without any congestion and delay in the handling of imported coal for cement and other industries. The terminal operator has refuted the claims of terminal users that may point to the opposite. Therefore, PIBTL has sought to clarify several misrepresentations regarding its operation. As a result of the pollution caused by coal handling at Karachi Por... |