Energy crisis - plant closure warning
CEMBUREAU this week called for urgent action at a European and national level to help tackle the rising cost of energy, which it warns “will lead to widespread plant closures ac...
Coal Prices
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Malaysian raw material costs push up cement prices
The current cement price in Malaysia has been hiked due to increases in the cost of raw materials, especially coal in the international market, says Sharuddin Omar Hashim, Cemen...
Türkçimento rings alarm over coal price rise due to Ukraine war
Coal prices in Turkey have seen a more than 50 per cent hike in the past week due to the Russian invasion into Ukraine, according to Volkan Bozay, chair of Turkey’s cement assoc...
Pakistan cement companies show significant profits during 2QFY20
Pakistan’s top cement manufacturers recorded significant profitability with improved margins during the last quarter of 2020. The experts believe this trend is likely to continu...
Coal prices on Pakistan may affect profitability
The increase in coal prices is likely to affect the margin of cement companies in Pakistan, particularly those who have captive power plants based on imported coal.
Pakistan cement producers face higher coal prices
Rising coal prices are presenting a risk to profit margins of cement manufactures in Pakistan. According to a local research house report, coal prices in the global
Coal price set to fall over the next two years
Newcastle coal prices hit a five-year high in November, climbing from US$49/t at the start of 2016 to US$115/t in November, but fell quickly to their current level of US$80/t. T...
Pakistan: increased coal prices concern APCMA
The All Pakistan Cement Manufacturers Association (APCMA) has voiced its concern regarding steep increases in coal prices, which in turn is impacting the cost of cement producti...
Lucky Cement's profits up 9.3%
As a result of an increase in turnover, Lucky Cement's full year profits increased by 9.3 per cent. The company reported earnings of PKR16.15bn (US$154.67m) compared to PKR14.78...