Lucky Cement expected to post strong financial results
Pakistan cement manufacturers, listed in Pakistan’s Stock Exchange (PSX), are yet to start posting their financial results on the bourse for 2QFY23-24 and 1HFY23-24. Mixed resul...
Indian Sub-Continent
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Pakistan's cement exports consistently increase
Pakistan's cement industry has registered significant growth in US-dollar revenue and volume growth for cement and clinker exports during the first six months of FY23-24 (July-D...
UltraTech Cement records consolidated net sales of INR164bn
UltraTech Cement Ltd ( Aditya Birla Group ) has released its financial results for the quarter ended 31 December 2023, reporting consolidated net sales of INR164,870m (US$1.983b...
Adani Group ponders new cement plant in Godda
Adani Group is considering to build a cement plant in Santhal Pargana, having set up a 1600MW thermal power plant in Godda that will come on-stream mid-2024. A company spokesper...
Red Sea crisis on Pakistan’s cement industry
Pakistan closely monitors the Red Sea crisis as it could disturb the movement of cement export cargoes to the USA and Europe as well as affect coal imports at Pakistani ports. I...
Pakistani cement dispatches see 5% uptick in December
Cement dispatches in Pakistan were up five per cent YoY in December 2023, settling at 4.1Mt compared to the same period in the previous year. According to a report from AHL Rese...
Crown Cement kicks start its sixth unit in Bangladesh
Md Mozharul Islam, senior general manager and company secretary of Crown Cement, has announced that the company was able to finally start commercial production of its sixth unit...
Cement prices fall in Pakistan
Cement prices across Pakistan have declined over the last week, according to the Pakistan Bureau of Statistics, bringing welcome relief to builders and developers across the cou...
JSW Cement prepares for IPO
JSW Cement has reached out to domestic and foreign investment banks including SBI Capital, Kotak Mahindra Capital, JM Financial, DAM Capital, Jefferies, Citi and Goldman Sachs f...
Pakistan's producers turn to exports
Pakistan's domestic sales for the cement industry during the first half of the current fiscal year (1HFY23-24) have grown by a mere one per cent compared to last year. Balloonin...