Cement News tagged under: Pakistan
Pakistan July dispatches decline07 August 2012, Published under Cement NewsPakistan dispatches in the first month of the current fiscal saw a decline of 1.64 per cent compared to July 2011, according to data from the All Pakistan Cement Manufacturers Association (APCMA). Domestic dispatches were down by 1.47 per cent in July 2011 to 2.05Mt compared to 2.02Mt in 2011. However, the decline in exports was steeper at 9.23 per cent to 755,010t from 831,785t in July 2011. Exports to Afghanistan dropped by 10.37 per cent to 455,897t while exports to India were down ... |
Eight Pakistan factories issued with environmental notices06 August 2012, Published under Cement NewsThe Environment Protection Department (EPD) has issued notices to eight cement factories across the Punjab over the last week for failing to install devices to mitigate dust pollution levels. The notices were issued under Section 12 and Section 16 of the Punjab Environment Protection Act 2012. The notices were issued after a month-long survey, initiated after three cement factories in Chakwal – DG Khan Cements, Bestway Cements and Pakistan Cements – were found not using the electrostatic p... |
Lucky Cement-led consortium acquires ICI Pakistan01 August 2012, Published under Cement NewsLucky Cement, in consortium with other Yunus Brothers Group (YBG) entities, has acquired a 75.81 per cent shareholding in chemical producer ICI Pakistan from Omicron BV, a 100 per cent owned subsidiary of AkzoNobel NV of The Netherlands. The Share Purchase Agreement was signed in Amsterdam on 27 June 2012 after the close of stock markets. The bid value of this acquisition is US$152.2m. Lucky Cement Limited – the flagship company of Yunus Brothers Group lead the consortium with 50 per c... |
Lafarge South Africa import concerns30 July 2012, Published under Cement NewsLafarge South Africa unit may ask country’s the International Trade Administration Commission to protect the market from alleged low quality imports from Pakistan, Business Day reported, citing Lafarge South Africa Chief Executive Officer Thierry Legrand. The company is concerned that the cement, which it says is of low-quality is being used for building projects in South Africa, the Johannesburg-based newspaper said. Some importers are labeling cement as flour to avoid quality tests, ... |
Pakistan cement exporters earn US$499m in FY2011-1225 July 2012, Published under Cement NewsPakistan cement manufacturer and exporters during FY2011-12 (July-June) exported 8.257Mt of cement and earned US$498.909m compared to 9.299Mt at US$457.448m in corresponding period last year, according to data released by Federal Bureau of Statistics. This shows that cement exports fell by 11.21 per cent in terms of quantity but rose 9.06 per cent in dollar value over the corresponding period last year, respectively However, on Pakistan rupee terms, exports increased significantly by 14.... |
ABB completes test runs at Attock Cement, Pakistan12 July 2012, Published under Cement NewsABB has successfully completed test runs of its SpectraFlow online analysers at Fauji Cement plant in Attock, Pakistan. Fauji Cement Company (FCC), headquartered in Rawalpindi, operates a 1.165Mta cement plant, located in the province of Punjab. In 2009, Fauji Cement built a second kiln line to expand its production capacity and invested in a raw material proportioning (RMP) solution in combination with a SpectraFlow online analyser to optimise its stockpile blending. The expanded operatio... |
Pakistan cuts Indian cement export prices10 July 2012, Published under Cement NewsPakistan cement producers have cut export prices for India by 13 per cent due to currency movements. The Business Recorder of Pakistan reports that due to the depreciation of the Pakistan rupee, cement producers have reduced export prices by US$/9/t. As such, cement is now being exported to India at an average price of US$60/t compared to US$69/t previously. Market sources said this will help capture the Indian export market which holds much potential despite challenges such as transpo... |
Pakistan’s full-year domestic dispatches rise 8.84%06 July 2012, Published under Cement NewsPakistan has closed fiscal year 2011-12 (FY11-12) with an 8.84 per cent YoY rise in local dispatches, however exports for the year have seen their third successive year of decline and capacity utilisation remains under pressure. Domestic dispatches for the fiscal year, which ended on 30 June 2012, reached a record 23.947Mt, data from the All Pakistan Cement Manufacturers Association (APCMA) shows. However, exports declined by 9.12 per cent to 8.568Mt, marking the third consecutive yea... |
Lucky Cement supplies electricity to HESCO, Pakistan03 July 2012, Published under Cement NewsPakistan-based producer Lucky Cement has started supplying excess electricity generated from its power generation plants to a domestic electricity distribution company. Lucky Cement is selling 20MW/h of electricity to Hyderabad Electricity Supply Company Ltd (HESCO), a company official has said. The company is also likely to start selling the same amount to Peshawar Electricity Supply Company (Pesco) by mid-July, a spokesperson told local press at News Tribe, noting that talks are underwa... |
Mixed trends for Pakistan cement exports26 June 2012, Published under Cement NewsDuring the first 11 months (July 2011-May 2012) of the current fiscal year, Pakistan exported 7.64Mt of cement and earned US$446.85m compared to 8.44Mt at US$414.773m in the corresponding period of last year. This shows that cement expors fell 9.46 per cent in terms of quantity but rose 7.73 per cent in terms of value on a year-on-year basis, according to data released by Pakistan's Federal Bureau of Statistics. In terms of Pakistan currency, exports rose 12.07 per cent during July-May 20... |