Cement News tagged under: All Pakistan Cement Manufacturers Association

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Foreign direct investment in Pakistan's cement sector rises

27 March 2018, Published under Cement News

Pakistan cement and construction industry have received a foreign direct investment (FDI) of US$516.07m during first eight months of FY17-18 (July 2017-February 2018), compared to US$190m received in corresponding months of last fiscal year. This translates a growth of 172 per cent YoY. State Bank of Pakistan data reports that Pakistan's cement industry attracted FDI of US$39.8m and the construction industry US$476.90m, compared to US$25m and US$165m, respectively in July 2016-Febru...

Pakistan's capacity utilisation stands 91%

07 March 2018, Published under Cement News

The All Pakistan Cement Manufacturers Association (APCMA) reports that the domestic cement industry's capacity utilisation in the first eight months of this fiscal year ( July 2017-Feb 2018) stood at 91 per cent of the total installed capacity of the sector. In 8MFY17-18 the country's cement industry dispatched 31Mt of cement compared with dispatches of 26.3Mt in the corresponding period of last year, an increase of almost 18 per cent. In February 2018 alone, the total cement dispat...

Pakistan's cement production grows 10% in 6MFY17-18

19 February 2018, Published under Cement News

The latest data on Pakistan's Large Scale Manufacturing Sector (LSMS), released by the Federal Bureau of Statistics, shows overall growth of 5.5 per cent during the first six months ie, July-Dec 2017 compared with the same period of last year.  The government and industry officials' attribute the growth in the overall manufacturing sector largely to an increase in local demand of products including cement, which is growing on the back of strong domestic dispatches. According...

Cement exports from Pakistan contract in 5MFY18

27 December 2017, Published under Cement News

Pakistan's export of cement during the first five months of current financial year (July-November 2017) recorded a YoY fall of 17.3 and 19.52 per cent in terms of quantity and US dollar value, respectively, according to data released by the Federal Bureau of Statistics, Government of Pakistan. The breakdown shows that Pakistan exported 2.059Mt of cement and earned export revenues of US$104.03m in July-Nov 2017, compared to 2.489Mt at US$129.25m in the corresponding months of the previous f...

Pakistan's dispatches reach 18.5Mt during 5MFY18

07 December 2017, Published under Cement News

Initial data from local research houses suggests that Pakistan cement manufacturers dispatched 18.5Mt during 5MFY18, taking cumulative capacity utilisation to 95 per cent during five months period from July to November 2017. According to local research house reports, cement dispatches in November 2017 alone are expected to surge by five per cent YoY to 3.94Mt. Cement mills situated in the northern part of the country dispatched 2.96Mt cement locally, which is 10.2 per cent higher than 2...

Pakistan cement export revenue continues to fall in 1QFY17

26 October 2017, Published under Cement News

The export revenue of cement from Pakistan during the first three months of current financial year (July to September 2017) recorded a YoY fall of 17.84 per cent and 18.89 per cent in terms of quantity and value in dollars, respectively, according to data released by Federal Bureau of Statistics, Government of Pakistan. The breakdown during the period shows that country exported 1.22Mt of cement and earned export revenue of US$62.69m, compared to 1.48Mt at US$77.29m from July to September ...

Pakistan dispatches up 6.21%

08 May 2017, Published under Cement News

Pakistan dispatched 33.88Mt of cement during the first 10 months (July-April) of the current fiscal, up by 6.21 per cent YoY, latest figures from the All Pakistan Cement Manufacturers Association (APCMA) show. During the period, domestic consumption rose by 10.74 per cent YoY to 29.871Mt while exports were down by 18.63 per cent to 4.01Mt during the 10-month period under review. In April 2017 dispatches totalled 3.576Mt, of which 2.734Mt were destined for the north and 0.596Mt headed so...

Pakistan: capacity utilisation tops 90% in December 2016

02 February 2017, Published under Cement News

According to figures released by the All Pakistan Cement Manufacturers Association (APCMA), cement sales in December 2016 reached 3.56Mt, with capacity utilisation running at 90.9 per cent, the Nation newspaper reports. The first six months of Pakistan’s 2017 fiscal year, which began in June 2016, has seen local cement consumption rise by 11.1 per cent on the same period in 2015. Declining export sales have been more than matched by rising local demand, with the result that total shipm...

Pakistan: APCMA calls for higher duty on Iranian cement imports

30 January 2017, Published under Cement News

All Pakistan Cement Manufacturers Association (APCMA) is urging the government to put a 20 per cent import duty on Iranian cement, claiming that Iranian producers are "dumping" the building material in border markets. "The local market in areas adjacent to the Iranian border and the coastal area of Balochistan are flooded with Iranian cement. Domestically produced cement is losing its markets, as it is unable to compete with Iranian offerings due to their duty and tax evasions," PCMA's Cha...

Pakistan: APCMA calls for reduced taxes on domestic cement

25 January 2017, Published under Cement News

All Pakistan Cement Manufacturers Association (APCMA) has asked the government to support the industry by placing anti-dumping duty on the Iranian cement and reducing taxes to make the cement more affordable for consumers, increasing the commodity's demand and the need for more capacity. The APCMA spokesperson said on Saturday that the domestic industry needed government’s support. He was of the view that in the current scenario, the suggestion given by some people that the import duty b...