Cement News tagged under: pakistan
10Mta of new cement capacity to come on-stream in Pakistan06 December 2019, Published under Cement NewsA big number of capacities will be added in Pakistan's cement industry, later this month and in early next year, according to market analysts. Current capacity projects are forecast to add around 10Mta of extra capacity to the present 59.42Mta. This is expected to lead to higher levels of competition and price wars in the coming year. According to IMS Research, from December 2019 onwards, the northern market will see multiple expansions with Lucky Cement (2.6Mta in December 2019), Kohat ... |
Pakistan cement dispatches grow strongly in 5MFY19-2005 December 2019, Published under Cement NewsAll Pakistan Cement Manufacturer Association (APCMA) has released dispatch data for November and for the five months of July-November 2019. According to APCMA, Pakistani cement dispatches in July-November 2019 increased 2.9 per cent YoY to 16.854Mt, while exports were up 21.5 per cent YoY to 3.608Mt. Overall cement dispatches grew by 5.8 per cent to 20.462Mt. In November 2019 the country's cement industry dispatched 3.538Mt to the domestic market, representing a YoY expansion of 5.1 per ce... |
Pakistan's dispatches to grow in 5MFY19-2002 December 2019, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) is yet to release dispatches data for November and five months of July-November 2019, yet local experts are optimistic that cement sales are expected to grow eight per cent to 4.3Mt in November 2019 YoY, and five per cent YoY to 20.3Mt during the first five months of the current fiscal year of 2019/20. According to research report of Topline Securities, the industry sales, however, are likely to drop by 15 per cent in November 2019 MoM ... |
Pakistan to set up construction and infrastructure board28 November 2019, Published under Cement NewsAn indirect development may stimulate demands for cement in country, following meeting of stakeholders in Islamabad yesterday. A delegation of Construction Association of Pakistan, headed by Eng Arshad Dad Khan, called on Prime Minister, Imran Khan, at his office, wherein Minister for Planning, Asad Umar, was also present during the meeting. The delegation appreciated the vision of the prime minister in approving the construction sector as 'industry' and the steps being taken by the pre... |
Pakistan's cement production falls in 1QFY19-2026 November 2019, Published under Cement NewsThe Pakistan Federal Bureau of Statistics (PBS) has released the latest data for large-scale manufacturing industries (LSMI) for the period July-September 2019. It posts a negative trend in Pakistan's manufacturing sector during 1QFY19-20, including the mixed cement production statistics during this assessment period. The overall output of LSMI decreased by 5.9 per cent for July 2019-September 2020 compared to the year-ago period. Pakistani cement production fell by 1.5 per cent to 9.2Mt ... |
PIBT shows consistent performance in 1QFY19-2026 November 2019, Published under Cement NewsPakistan International Bulk Terminal Ltd (PIBT) has handled 2.191Mt cargo, for the quarter ended 30 September 2019, against 2.14Mt in the same period last year, depicting consistent performance in handling import of coal for cement and other industries. PIBTL earned a net profit of PKR479.14m (US$3m) against a loss of PKR105m during this accounting period. The company's Board of Directors reiterated its commitment to efficiently operate Pakistan's first state-of-the-art mechanised bulk c... |
Pakistan and Iran explore cooperation on cement trade26 November 2019, Published under Cement NewsA trade delegation from the government of Iran, headed by Ali Mohtasham Amiri, managing director of Milad-e-Noor, has visited Pakistan to explore opportunities for mutual cooperation and enhancing trade relations between Tehran and Islamabad. The cement industry is also included in their agenda, says a statement of Pakistan largest trade representative body, the Karachi Chamber of Commerce and Industry (KCCI). The delegation is interested in different types of polypropylene bags for cement ... |
Pakistan earns mixed revenue in 4MFY2021 November 2019, Published under Cement NewsPakistan's cement industry earned foreign exchange revenue of US$94.41m by exporting 2.368Mt of cement and clinker between July and October 2019, compared to US$104.34m from exporting 2.411Mt of cement/clinker in same months last year, says the country's Federal Bureau of Statistics. This reflected a YoY fall of 9.5 per cent and 1.8 per cent in terms of value and quantity, respectively. However, in local currency terms, the export value increased by 13.2 per cent to PKR14.83bn during this ... |
Pakistan's FDI shows recovery in 4MFY19-2019 November 2019, Published under Cement NewsPakistan has received net foreign direct investment (FDI) of US$650m between July and October 2019 period, compared to US$191.9m received in first four months of last year. This represents an increase of 239 per cent YoY, mainly due to high inflow from China and Norway during this period. However, this increasing trend in FDI, did not influence investment in the construction and cement sectors in the country, according to a report of the State Bank of Pakistan. The breakdown shows cement... |
Thatta’s WHR project to start in 2QFY19-2018 November 2019, Published under Cement NewsPakistan-based Thatta Cement Co Ltd is currently implementing its waste heat recovery project that will generate 5MW of electricity for the company at its Sindh plant. Commercial operation is expected to start in the second quarter of the current financial year, says the company in its latest quarterly report. In the quarter ended 30 September 2019, overall sales of Thatta Cement fell by 43.3 per cent YoY due to a decrease in sales in the south. The cost of sales to sales ratio has incre... |