Pakistan's cement export growth unabated in 11MFY23-24
Pakistan's cement and clinker exports increased by 40.5 per cent in the 11MFY23-24 (July 2023-May 2024) to US$236.79m, from US$168.58m in the 11MFY22-23, the Pakistan Bureau of ...
Indian Sub-Continent
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Fives Combustion Systems wins Indian alternative fuel burner project
Fives Combustion Systems (Fives group) has won an order for the first Indian breakthrough in pneumatic feed line injection for alternative solid fuel and reduced emissions. An I...
Maple Leaf Cement reclassifies PKR26bn investment plan
Maple Leaf Cement Factory Ltd informed the Pakistan Stock Exchange (PSX) on 12 June that it had reclassified its PKR26bn (US$93.3m) capital expenditure plan. In addition, the Bo...
Pakistan’s federal budget offers mixed incentives for the cement industry
On 12 June Pakistan’s Finance Minister, Muhammad Aurangzeb, presented a budget proposal of PKR18.8776trn (US$67.8bn) for FY24-25. The proposal features a record-high deficit of ...
Siam Cement JV launches Kheda brick plant
Siam Cement BigBloc Construction Technologies Pvt Ltd, a 52/48 joint venture between Gujarat based BigBloc Construction Ltd and Thailand’s SCG International Corp Co Ltd (SCG), h...
Ambuja Cements acquires Penna Cement
Adani Group subsidiary Ambuja Cements has acquired Penna Cement Industries Ltd (PCIL) for INR104,220m (US$1274m). Following this latest acquisition Adani Cement 's production ca...
Pakistan's cement industry witnesses significant challenges in FY23-24
The cement industry in Pakistan grappled with a series of significant challenges in FY23-24, as reported by the Central Bank. The financial year is yet to complete hence the dat...
National Budget FY24-25 offers no direct incentive for the cement sector
Bangladesh’s National Budget for FY24-25 was presented by Abul Hassan Mahmood Ali, Minister of Finance, in parliament on 6 June 2024. A cursory look at budget documents reveals ...
IKN install new cooler grate at Adani Cement
Adani Cement is having a 7800tpd IKN double-stage cooler grate fitted at its Himachal Pradesh cement plant to enhance efficiency, reduce power and clinker temperature, and impro...
UltraTech conserves record water amount in FY23-24
UltraTech Cement Ltd, India’s largest cement and ready-mix concrete company, conserved 105Mm 3 of water in FY23-24, making it five times water positive in line with its stated a...