Cement News tagged under: Pakistan

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DG Khan Cement to install solar power plant in Punjab

22 June 2022, Published under Cement News

DG Khan Cement Co Ltd (DGKC) has informed Pakistan Stock Exchange (PSX) on 21 June that its has signed an agreement and established a Letter of credit with Reon Energy Ltd for the supply and installation of the on-grid solar power plant of 6.952MW at its site in Khairpur, District Chakwal, Punjab. The solar power plant is to be financed 100 per cent through the State Bank of Pakistan Financing Scheme for Renewable Energy. The project will be completed in about six months and replace elect...

Cement exports from Pakistan show a mixed trend

21 June 2022, Published under Cement News

Pakistan's cement exports continued to report mixed trends in the export of cement and clinker cumulative basis for 11 months and in May alone of FY22, according to the Pakistan Bureau of Statistics. AKD Research has attributed this mixed trend to low export prices and increasing coal prices, which have made exports unattractive. Pakistan's cement and clinker exports in the first 11 months of FY21-22 (July 2021 to May 2022) earned US$211.19m in revenue by dispatching 5.465Mt cement and cl...

Pakistan cement market to contract by 10%

17 June 2022, Published under Cement News

Based on cement dispatches over the first 11 months, Pakistan’s cement market is expected to contract by 10 per cent in FY22 (ending 30 June), compared to FY21, according to a report in the Business Recorder. This is in stark contrast to the 10-15 per cent growth forecast by the industry. Much of that predicted growth was dependent on the country’s massive infrastructure and power projects, along with the government’s Pakistan Housing Plan. But in reality domestic demand has remained low wit...

Gebr Pfeiffer to supply three more MVR mills to Pakistan

16 June 2022, Published under Cement News

As a follow-up to the state-of-the-art MVR mills recently supplied to Askari Cement's Nizampur plant, Gebr Pfeiffer has now been contracted to supply three additional MVR mills to Fauji Cement's new plant in Salar, Dera Ghazi Khan, Punjab province, Pakistan. Fauji Cement's merger with Askari Cement and the addition of the new lines will make Fauji Cement the third-largest cement producer in Pakistan with a total future capacity of 10.3Mta, Gebr Pfeiffer highlighted. As with the Nizampur ...

DG Khan set for US exports

15 June 2022, Published under Cement News

Pakistan-based DG Khan Cement Co will be exporting 50,000t of cement to the USA for the first time. “A ship, Tomini Felicity, is presently loading cement at KPT in 1.5t jumbo bags destined for Houston, Texas USA,” Fareed Fazal, DG Khan director, said. The shipment is part of a contract that will see the cement producer export 100,000tpd to Texas after concluding a deal in August 2021, when Mr Fazal visited the US. Following the deal, there was a 10-month process to obtain the necessary ce...

Pakistan producers await budget FY23

10 June 2022, Published under Cement News

Pakistan’s cement producers will be paying close attention to the government’s federal budget for FY23, which is due to be announced today. The industry hopes it will include a number of measures to help boost growth over the next couple of years. Although there has been a revival in construction activity following the easing of lockdowns, cement demand remains sluggish due to inflation and high commodity prices.    In May FY22 the industry declined by 15.9 per cent YoY with total cement di...

High cost of manufacturing influences cement dispatches in May 2022

08 June 2022, Published under Cement News

Topline Securities has stated that Pakistan’s cement sales were affected in May 2022 mainly due to the Eid holidays and economic slowdown. The attrition in exports is on the back of disruption in the global supply chain, resulting in higher sea freight charges. The All Pakistan Cement Manufacturers Association (APCMA) remarked that the continuous downfall of the rupee coupled with the skyrocketing prices of coal, electricity and petroleum products is badly affecting the business momentum. ...

Bestway Cement: building for a greener future

27 May 2022, Published under Cement News

This week Bestway Cement announced that it is building a new 7200tpd cement plant in Paikhel, Mianwali district, Punjab province, Pakistan, which it expects to commission by the end of this year. The Pakistani cement company has slipped into second place behind Lucky Cement in terms of domestic cement capacity. However, it is not standing still and is preparing to fend off competition for its market share. As detailed in its 3Q22 report, Bestway Cement plans further expansion, helping it ...

Bestway Cement Ltd plans greenfield Punjab plant

24 May 2022, Published under Cement News

Bestway Cement Ltd has announced its plans to setup a greenfield cement plant with a capacity of 7200tpd of clinker in Punjab province, Pakistan, along with 9MW waste heat recovery plant. Bestway Cement has entered into an agreement with Sinoma International Engineering Co of China for engineering, procurement and construction (EPC). “In view of increasing demand for cement in the country, Bestway Cement has decided to setup a greenfield cement plant in District Mianwali along with 9...

Pakistan's government to conduct cement industry report

19 May 2022, Published under Cement News

Pakistan’s government plans to conduct research reports on the cement, automobile and fertiliser sectors in Pakistan. The feasibility report will be conducted by Pakistan Industrial Development Corp (Pvt) Ltd (PIDC) with the assistance of private consultancy firms with experience and expertise in conducting research studies relevant to these sectors in Pakistan. The research study would cover cost analysis, challenges, sector review and performance. Interested firms are requested to submi...