Cement News tagged under: pakistan
Pakistan: FLSmidth receives plant order from Maple Leaf17 January 2017, Published under Cement NewsFLSmidth has obtained an order from Maple Leaf Cement Factory for the engineering, procurement and supply of equipment for a complete 7300tpd cement production line. The plant will be located in Iskanderabad in the Mianwali District, Pakistan. The order includes a complete range of equipment from crushing to packing and cement loading. Scope of supply includes a state-of-the-art cement production line with the latest environmental pollution control systems and technology for the highest ... |
Bestway signs coal transport MoU with Pakistan Railways10 January 2017, Published under Cement NewsBestway Cement Co and Pakistan Railways have signed a memorandum of understanding (MoU) for transporting from Sindh to Punjab. Under the MoU coal would be transported from Port Qasim and Bin Qasim Railway Station to Ushman Khattar and Pind Dadan Khan Railway Station. The agreement is for an initial six months with an optional six-month extension. Bestway Cement will deposit PKR150m (US$1.43m) to Pakistan Railways. Monthly deliveries of 14,000t and 6000t of coal would be transported from t... |
Pakistan: Lucky Cement's Pezu plant is operating normally09 January 2017, Published under Cement NewsIt has been clarified by a leading research house after consulting management of Lucky Cement in Pakistan that Pezu cement plant was not shut down on account of an environmental issue. Invest and Finance Securities Lt in a report said that following the news circulating in both local and international news streams that Khyber Pakhtunkhwa (KPK) government closed Lucky Cement’s Pezu plant in Lakki Marwat, owing to its failure to conform to environmental standards, the research house has che... |
Pakistan: cement dispatches up but exports decline06 January 2017, Published under Cement NewsDuring the first six months of current FY16-17, Pakistan's cement industry recorded a growth of 11.07 per cent in local dispatches, while exports declined 3.53 per cent compared during the same period of last year, respectively. The overall situation during July to December 2016 saw 8.65 per cent growth compared to the same period of last fiscal year, according to data released by All Pakistan Cement Manufacturers Association (APCMA). Sayeed Tariq Saigol, APCMA chairman, said that domest... |
Pakistani cement demand set to rise 47% in next five years05 January 2017, Published under Cement NewsDomestic cement consumption in Pakistan is predicted to rise at an average annual rate of eight per cent over the next five years, an increase of nearly 47 per cent in total. Analysts point to the development of the China-Pakistan Economic Corridor (CPEC), higher government spending in the pre-election period and an increase in private sector construction activity as the main drivers of this growth. In FY2016, overall cement dispatches rose 10 per cent YoY to 38.8Mt, with local sales r... |
Pakistan: cement exports fall on YoY basis in 5MFY2016-1703 January 2017, Published under Cement NewsPakistani cement manufacturers earned revenues of US$23.68m on exports of 455,720t cement in November 2016, compared to US$28.30m on 543,674t of exports in the previous month. These figures represent a MoM decline in dollar value and volumes of 16.35 per cent and 16.18 per cent, respectively. However, when compared with November 2015 (593,922t with a value of US$30.11m), volumes slipped by 23.27 per cent and the value was down by 21.37 per cent, according to the country's Federal Bureau... |
Pakistan: Bestway Cement joins bidding for Dewan Cement assets03 January 2017, Published under Cement NewsBestway Cement Ltd has informed Pakistan Stock Exchange (PSX) on 30 Dec that it is considering acquiring the northern plant and related assets of Dewan Cement Ltd in Pakistan. Previously, three local cement companies and a Chinese company have expressed their intention to acquire stakes in Dewan Cement. “The final outcome will be dependent upon due diligence and any eventual bidding, if made, for purchase of Dewan’s assets,” said Sehar Hussain, Bestway cement's company secretary. The i... |
Pakistan: Kohat Cement interest in Dewan Cement23 December 2016, Published under Cement NewsKohat Cement Company Ltd has joined the race to acquire Dewan Cement’s North plant, a 1.134Mta facility located at Hattar industrial estate in northern Pakistan. The company has informed the Security & Exchange Commission of Pakistan and Pakistan Stock Exchange on 16 December that its Board of Directors has decided to participate in the bidding process for the purchase of North cement plant and its related assets from Dewan Cement Ltd. As a result, it has authorised the management to condu... |
Pakistan: industry demands anti-dumping duty in Iranian cement22 December 2016, Published under Cement NewsAll Pakistan Cement Manufacturers’ Association (APCMA) Chairman, Sayeed Tariq Saigol, has urged the government to support the cement industry by placing an anti-dumping duty on Iranian cement and decreasing taxes to make the domestic product more affordable to consumers. Such changes would increase cement demand and result in capacity enhancement, creating more job opportunities. He pointed out that the cement industry was among the highest contributors to the national exchequer over the ... |
Pakistan: Fauji Cement and Sinoma sign WHR project19 December 2016, Published under Cement NewsSinoma Energy Conservation Co will supply and setup a power generation plant for Fauji Cement Co Ltd (FCCL), which will produce 7.6MW electricity by capping waste heat gases of cement plant from Line-1 and the Wartsila captive power plant. The project will commence on 1 January 2017 and will be commissioned in 14 months. This will be the second Waste Heat Recovery (WHR) power plant after the first one with a capacity of 12MW was commissioned on Line-2 on 23 March 2015. On completion... |