Star Cement proposes INR32bn plant in Assam
Star Cement Ltd has proposed the construction of a INR32bn (US$367.4m) integrated cement plant in Assam, India. The company signed a Memorandum of Understanding (MoU) of underst...
Indian Subcontinent
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Fauji Cement Co exhibits growth of 38 in profit during 1HFY24-25
Fauji Cement Co Ltd (FCCL) announced its financial results for 1HFY24-25 on the Pakistan Stock Exchange website on 25 February. The company reported earnings of PKR7.267bn (US$2...
Pakistan cement export data continued to depict a mixed trend in 7MFY24-25
Pakistan's cement sector has shown impressive export performance in the first seven of FY24-25 (July 2024-January 2025). According to the Pakistan Bureau of Statistics (PBS), ex...
Lucky Cement saw strong exports to Africa, Sri Lanka, and Bangladesh in 1HFY25
Lucky Cement held its corporate briefing on 21 February to discuss its 2QFY24-25 operational and financial performance. The company reported a consolidated NPAT of PKR21.4bn (US...
Lucky Cement Ltd announced a 5-for-1 stock split
Lucky Cement Ltd announced a five-for-one stock split in its notice to PSX on 21 February 2025. The recommendation was made in its Board meeting on 20 February 2025, and is subj...
Kiln electrification is one step nearer
This week, kiln electrification has seen positive developments with the ELECTRA project while SaltX and Coolbrook are taking the next step in evolving this type of technology to...
Adani Group to invest INR300bn in Kerala over five years
Adani Group has announced plans to invest INR300bn (US$3.6bn) in Kerala over the next five years, significantly expanding its presence in the state. The diversified conglomerate...
Kohat Cement Co saw significant growth in profit in 1HFY24-25
Kohat Cement Co Ltd (KOHC) announced its financial results for the 2QFY24-25 and 1HFY24-25 on the PSX’s website on 20 February. Sales grew to PKR10.6bn In the 2QFY24-25, marking...
Bestway Cement posts 69% 1H net earnings growth
Bestway Cement Ltd announced its 1HFY24-25 (July-December 2024) results on the Pakistan Stock Exchange (PSX) website on 19 February 2025. The company’s net earnings were PKR11.4...
INSEE Cement recognised for sustainability leadership at Green Building Awards
INSEE Cement has been honoured at the 13th Annual Green Building Awards, hosted by the Green Building Council of Sri Lanka, for its contributions to sustainability and innovatio...