Thatta Cement approves PKR5.5bn Sukuk for expansion
Thatta Cement Co Ltd (THCCL) has approved issuing a PKR5.5bn (US$19.3m) Sukuk, including a PKR500m green shoe option, to support growth initiatives. In a notice to the Pakistan ...
Indian Sub-Continent
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Islami Bank to auction Aramit Cement assets
Islami Bank Bangladesh PLC has moved to recover BDT588.930m (US$48.3m) in defaulted loans from Aramit Cement PLC by auctioning its mortgaged assets. The country’s largest privat...
Supreme court orders relocation of cement and other industries
Nepal’s Supreme Court has ordered the relocation of industries surrounding Lumbini, the birthplace of Gautam Buddha, in a landmark ruling aimed at protecting the UNESCO World He...
Shree Digvijay Cement Co considers strategic alliance with Hi-Bond Cement
Shree Digvijay Cement Co Ltd (SDCCL) has announced that it is exploring a long-term strategic alliance with Hi-Bond Cement (India) (Hi-Bond). As part of this initiative, SDCCL h...
Pakistan's dispatches rise 12% in August 2025
Pakistan’s cement industry continued its upward momentum in August 2025, with total dispatches reaching 3.846 Mt, marking a 12.45 per cent increase compared to 3.421Mt in August...
Nuvoco Vistas to Invest in grinding expansion
Nuvoco Vistas Corp , the cement arm of the Nirma Group, announced on Monday a substantial investment of INR2000m (US$22.7m) to boost its cement grinding capacity by 4Mta. The ex...
DG Khan Cement posts record profits in FY25
DG Khan Cement Co Ltd announced its annual financial results on the Pakistan Stock Exchange (PSX) on 28 August, reporting a Profit After Tax (PAT) of PKR8.7bn (US$307.1m) for FY...
Pakistan’s Cement exports drop sharply in July despite strong YoY growth
Pakistan’s cement industry saw a sharp MoM decline in exports at the start of the new financial year, according to the Federal Bureau of Statistics (FBS). In July 2025, the coun...
Yunus Textile Mills expands stake in Lucky Cement
Yunus Textile Mills Ltd , an associated company of Lucky Cement Ltd , has recently increased its shareholding in the cement manufacturer. According to a disclosure filed by Luck...
Cement demand rebound spurs growth outlook for Maple Leaf Cement
Pakistan’s cement industry is poised for strong growth in FY25, supported by improving macroeconomic conditions and revived construction activity. At the recent Pakistan Day Con...