JK Cement agreement to purchase Toshali Cements
JK Cement has seen its shares rise after agreeing in principle a share purchase agreement for Toshali Cements for INR1570m (US$19m). The Board of Directors in its meeting has ac...
Indian Sub-Continent
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DG Khan Cement maintains its progress
Nishat Group -owned DG Khan Cement ( DGKC) is progressing well due to the back-up of dividends from group companies. According to Spectrum Securities Ltd, the portfolio/revenue ...
JK Lakshmi Cement wins Superbrand accolade
India-based JK Lakshmi Cement has been awarded Superbrand status for 2023-24, making it the only brand in the grey cement category to receive this accolade. According to Devdisc...
Lucky Cement urges govt to take export measures
Pakistan's business tycoons and economic experts, including the cement industry conglomerate Lucky Cement, have suggested a media debate on the forthcoming federal budget 24, to...
The cement sector is looking forward higher allocation of PSDP in FY23-24
The Annual Plan Coordination Committee (APCC) of Pakistan's government has recommended PKR2.659trn (US$9.27bn) of national development outlay for the next budget 2023-24, includ...
Bangladesh cement exports surpassed export in 11MF22-23
Bangladesh has reported 43.9 per cent YoY growth in cement export revenue to US$12.52m in the first 11MFY22-23 (July 2022-May 2023). This compares to US$8.7m in the same period ...
Sri Lanka's cement prices to fall
Sri Lanka’s cement prices are expected to fall by LKR300-500/50kg bag (US$1.03-1.72/50kg bag) of cement, following a recent appreciation of the rupee. A 50kg bag was retailing a...
Andhra Cements restarts clinker line at Durga
India-based Andhra Cements Ltd, part of Sagar Cements, has relaunched the clinker line at its 1Mta integrated Durga Cement Works in Dachepalli Mandal, Palnadu District, Andhra P...
APCMA reports 19% increase in cement dispatches in May 2023
The All Pakistan Cement Manufacturers Association (APCMA) released more encouraging data for May 2023 than in the previous month of April, which was overshadowed by the season b...
Bangladesh’s clinker imports more expensive in new budget FY23-24
Bangladesh Minister for Finance, AHM Mustafa Kamal, presented National Budget Speech 2023-24 (July-June) in parliament on 1 June and made some tax measures on the cement industr...