Cement News tagged under: Pakistan
Pakistan: APCMA calls for reduced taxes on domestic cement25 January 2017, Published under Cement NewsAll 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... |
Pakistan: Cherat plans third production line24 January 2017, Published under Cement NewsPakistan cement producer Cherat Cement Company has disclosed that it will undertake another expansion of some 2.34Mta (7100tpd) at its existing site of Nowshera, Khyber-Pakhtunkhwa, in north of the country. Azam Faruque, Cherat Cement's CEO has informed Pakistan Stock Exchange (PSX) that it would take its total cement capacity to around 4.64Mta. The Board of Directors has authorised the company's management to finalise terms and conditions for the procurement and supply of equipment ... |
Pakistan: Arif Habib Group to invest PKR25bn in new plant20 January 2017, Published under Cement NewsArif Habib Group has said that it is going to invest PKR25bn (US$238.5m) in a new cement plant to be completed in the next two years, to be operated by its subsidiary Power Cement. The new plant will take the installed capacity of Power Cement to 3.37Mta from its current capacity of just 0.9Mta. Owing to energy shortages, Pakistan’s GDP is not growing at the pace it should. However, Power Cement Chairman, Nasim Beg, stated that he believed the China-Pakistan Economic Corridor (CPEC) will ... |
Pakistan: Pioneer Cement inaugurates WHR unit at Chenki plant20 January 2017, Published under Cement NewsPioneer Cement has marked the formal coming into operation of the new waste heat recovery plant at its Chenki plant by celebrating the firm’s environmental credentials. Writing in the Business Recorder, Pioneer notes that the facility’s conversion to coal has increased emissions, but that this has been countered by greater efficiency. “I take this opportunity to convey my appreciation and gratitude to the entire Project team for their untiring efforts in completion of project in record... |
Maple Leaf Cement to raise cement capacity20 January 2017, Published under Cement NewsMaple Leaf Cement Factory Ltd (MLCF) was in the news this week when FLSmidth announced it had secured an EPC contract for a new 7300tpd third line at Daud Khel in Iskanderabad, Mianwali, Pakistan, which will be completed before the end of 2018. The brownfield project is an expansion that is estimated to cost PKR20bn (US$190.8m) and will take grey cement capacity at the factory up to 18,000tpd, the equivalent of around 5.9Mta. Started in 1956, MLCF was established in northern Pakistan as ... |
Pakistan: FLSmidth receives plant order from Maple Leaf17 January 2017, Published under Cement NewsFLSmidth has obtained an order from Maple Leaf Cement Factory for the engineering, procurement and supply of equipment for a complete 7300tpd cement production line. The plant will be located in Iskanderabad in the Mianwali District, Pakistan. The order includes a complete range of equipment from crushing to packing and cement loading. Scope of supply includes a state-of-the-art cement production line with the latest environmental pollution control systems and technology for the highest ... |
Bestway signs coal transport MoU with Pakistan Railways10 January 2017, Published under Cement NewsBestway Cement Co and Pakistan Railways have signed a memorandum of understanding (MoU) for transporting from Sindh to Punjab. Under the MoU coal would be transported from Port Qasim and Bin Qasim Railway Station to Ushman Khattar and Pind Dadan Khan Railway Station. The agreement is for an initial six months with an optional six-month extension. Bestway Cement will deposit PKR150m (US$1.43m) to Pakistan Railways. Monthly deliveries of 14,000t and 6000t of coal would be transported from t... |
Pakistan: Lucky Cement's Pezu plant is operating normally09 January 2017, Published under Cement NewsIt has been clarified by a leading research house after consulting management of Lucky Cement in Pakistan that Pezu cement plant was not shut down on account of an environmental issue. Invest and Finance Securities Lt in a report said that following the news circulating in both local and international news streams that Khyber Pakhtunkhwa (KPK) government closed Lucky Cement’s Pezu plant in Lakki Marwat, owing to its failure to conform to environmental standards, the research house has che... |
Pakistan: cement dispatches up but exports decline06 January 2017, Published under Cement NewsDuring the first six months of current FY16-17, Pakistan's cement industry recorded a growth of 11.07 per cent in local dispatches, while exports declined 3.53 per cent compared during the same period of last year, respectively. The overall situation during July to December 2016 saw 8.65 per cent growth compared to the same period of last fiscal year, according to data released by All Pakistan Cement Manufacturers Association (APCMA). Sayeed Tariq Saigol, APCMA chairman, said that domest... |
Pakistani cement demand set to rise 47% in next five years05 January 2017, Published under Cement NewsDomestic cement consumption in Pakistan is predicted to rise at an average annual rate of eight per cent over the next five years, an increase of nearly 47 per cent in total. Analysts point to the development of the China-Pakistan Economic Corridor (CPEC), higher government spending in the pre-election period and an increase in private sector construction activity as the main drivers of this growth. In FY2016, overall cement dispatches rose 10 per cent YoY to 38.8Mt, with local sales r... |