Cement News tagged under: pakistan
Pakistan cement distributors to decide action plan17 July 2019, Published under Cement NewsDispatches from cement plants are still facing unrest in Pakistan. The government's new tax policy has been opposed and has led to continue the continued protests since 1 July. The All Pakistan Cement Distributors Association (APCDA) has supported the action following the government's introduction of new tax measures in the federal budget 2019-20. To move forward, APCDA has called a of the association's general body today to discuss all tax-related matters, ie withholding tax and different... |
Pakistan's State Bank releases 3QFY19 cement report16 July 2019, Published under Cement NewsThe State Bank of Pakistan's third quarterly report on the state of the country's economy shows the pace of economic growth slowed down considerably during FY19. This was mainly in response to the policy measures taken to curb the twin deficits. These measures affected the performance of the industrial sector and dampened manufacturing activities in the country. According to the report, cement production recorded contraction of 5.4 per cent during July-March FY19, compared to double-digit ... |
Bestway Cement wins Annual Environmental Excellence Award 201916 July 2019, Published under Cement NewsBestway Cement Ltd (BCL) has won the16th Annual Environment Excellence Awards 2019 for its vision and effective implementation of environmentally-friendly policies at all of its four plants in Hattar, Farooqia, Chakwal and Kallar Kahar, Pakistan. The event was organised last week in Karachi by the National Forum for Environment and Health (NFEH). Bestway is a pioneer in establishing Pakistan’s first waste heat recovery power plant (WHRPP) at a cost of US$47m. It is one of the few companies... |
Lucky Cement wins Environment Excellence Award 201911 July 2019, Published under Cement NewsLucky Cement Ltd won the Environment Excellence Award at the 16th Annual Environment Excellence Awards 2019, organised by The National Forum of Environment and Health (NFEH). The award ceremony was held at a local hotel on 9 July 2019. Lucky Cement received the award in recognition to its commitment towards energy conservation and contribution towards protecting the overall environment for a greener Pakistan. The Annual Environment Excellence Awards are the benchmark for environmental stan... |
Kohat Cement makes top changes09 July 2019, Published under Cement NewsKohat Cement Company Ltd (KCCL) has informed Pakistan Stock Exchange (PSX) that the Board of Directors have appointed Aizaz Mansoor Sheikh as Chairman and Nadeem Atta Sheikh as CEO for a term of three years commencing from 8 July 2019. Kohat Cement has a capacity of 2.677Mta at its Kohat plant in Khyber Pakhtunkhwa province, Pakistan. |
Mounting challenges for Pakistan cement producers08 July 2019, Published under Cement NewsPakistan's cement industry faces strong headwinds with new tax measures, an increase in gas and electric prices, unrest among cement distributors and retailers, dwindling local demands and negligible export to neighbouring countries, says a local research house. BMA Capital Management reports that challenging demand/supply outlook amid rising cost of operations triggered by supply chain constraints, a rise in federal excise duty (FED), etc has led to added pressure on cement prices. The e... |
Attock Cement seeks transportation services for cement05 July 2019, Published under Cement NewsAttock Cement Pakistan Ltd (ACPL) has issued a tender for transportation services of cement in the southern zone. Offers are invited for transportation from ACPL Factory Hub Chowki, Lasbella, Baluchistan to Karachi City and at ports during the July 2019-June 2020 period. According to an announcement of company, tender is for transportation of bulk cargo for distribution in Karachi and export from ports. Bids are due in on 18 July. In the highly-competitive field of exports, ACPL has suc... |
Cement dealers not picking cement from factories05 July 2019, Published under Cement NewsThe protest of All Pakistan Cement Distributors Association (APCDA) has entered in its fourth day and quantity of dispatches from factories are fast receding and may cause shortage in country, according to an electronic media report. The dispatches of cement from cement factories to local dealers across Pakistan have been partially disturbed from 1 July 2019 owing to protest of All Pakistan Cement Distributors Association (APCDA) on introduction of new tax measures in the federal budget... |
Pakistan cement production varies in 10MFY1903 July 2019, Published under Cement NewsLarge-scale manufacturing production data shows negative growth in Pakistan during the 10 months between July 2018 and April 2019. According to Pakistan Federal Bureau of Statistics, the overall output of large-scale manufacturing industries (LSMIs) fell by 3.5 per cent during this period. Worse still, the LSMI output decreased by 7.8 per cent for April 2019 compared to April 2018 and by 9.4 per cent when compared to March 2019. Pakistan's cement industry has recorded a 4.4 per cent YoY fa... |
Power Cement's WHR plant nears completion03 July 2019, Published under Cement NewsPower Cement Ltd has announced that it is installing a 12MW waste heat recovery (WHR) power plant, which is expected to be operational later this year at the company's plant site in Deh Kalo Kohar, Nooriabad Industrial Estate, District Dadu (Sindh). Currently, 100 per cent of the plant's power requirement is being fulfilled through the electricity grid, according to Power Cement. Earlier, the company disclosed that it successfully installed 8500tpd (2.5Mta) of cement capacity on its exist... |