APCMA elects new executive committee
Muhammad Ali Tabba, chief executive of Lucky Cement , has been appointed chairman of the All Pakistan Cement Manufacturers Association (APCMA) for the 12 months ending September...
Fauji Cement
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Pakistani producers to expand cement capacities
In a cement sector update, MS Research has stated that four companies in Pakistan are expected to add extra capacity in FY22-23, lifting the current 70Mta of capacity by 11.7Mta...
Fauji Cement to become Pakistan’s third-largest cement player
The Fauji Cement Company Ltd (FCCL) is currently undertaking two expansions to become the second-largest cement producer in the north of Pakistan and third-largest cement player...
Fauji Cement more than doubles revenue in FY2022
Pakistan-based Fauji Cement Company Ltd has reported revenue of PKR54,243m (US$227m) in the year ended 30 June 2022, compared to PKR24,271m in the same period a year earlier. Ov...
Gebr Pfeiffer to supply three more MVR mills to Pakistan
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 ...
Pakistani cement producers earn a profit in 1HFY22
The major players in Pakistan’s cement industry have reported a profit during 1HFY22 in Pakistan. The Spectrum Research has attributed to an increase in the topline, a decrease ...
Fauji Group receives largest syndicated cement financing project
Pakistan's Fauji Group, parent company of Fauji Cement Co Ltd (FCCL) and Askari Cement Ltd (ACL), has announced the signing of PKR37.4bn (US$212.2m) syndicated term loan facilit...
FCCL to become the third-largest player in the country
Fauji Cement Company Ltd (FCCL) informed the Pakistan Stock Exchange (PSX) on 18 November that its Board of Directors has approved the process of amalgamation of Askari Cement L...
Fauji Cement sees sales up 15% YoY
Pakistan’s Fauji Cement has seen a 378 per cent rise in profit to PKR905.2m (US$5.69m) for the October-December 2020 period, supported by higher retention prices. Sales also adv...
Fauji Cement sees 17% fall in net sales
Pakistan’s Fauji Cement has released its full annual report for the FY19-20 period, ending 30 June 2020, showing a 17.1 per cent YoY fall in net sales to PKR17.23bn (US$103.7m) ...