Pakistan: Pioneer Cement inks agreements with Sinoma-Chengdu
Pioneer Cement Ltd (PIOC) informed Pakistan Stock Exchange (PSX) that it has signed a contract with Sinoma-Chengdu of China for procurement of its new cement works, a 12MW waste...
Pakistan
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Pakistan: exports to Afghanistan decline
APCMA data revealed that domestic dispatches in January 2017 were 2.722Mt, while exports amounted to 0.376Mt, reflecting YoY growth of 0.78 and -2.71 per cent, respectively. Tot...
Pakistan: US$400m British investment in new plant
British company Asian Precious Minerals (APML) announced plans to invest US$400m in a new cement plant in Khyber Pakhtunkhwa, Pakistan. The announcement was made during a meetin...
Pakistan: first dry bulk terminal to open in March
Pakistan’s first dry bulk terminal will open next month and is expected to handle 3Mta of coal imports, rising to 20Mt over the next five years, the port’s chief executive said ...
Pakistan: capacity utilisation tops 90% in December 2016
According to figures released by the All Pakistan Cement Manufacturers Association (APCMA), cement sales in December 2016 reached 3.56Mt, with capacity utilisation running at 90...
Pakistan: Attock Cement net profit of US$13.1m
Attock Cement Ltd has announced a net profit of PKR1.378bn (US$13.1m), translating into the earnings/share (EPS) of PKR12.03 for the half-year ended 31 December 2016, which is 1...
Lucky Cement sees half-year profits rise 12.5% to US$67m
Lucky Cement has announced that its profits rose by 12.5 per cent YoY in the last six months of 2016 to PKR7bn (US$67m).
Pakistan exports of cement show dismal figure in 6MFY2016-17
Pakistan cement exporters have earned revenues of US$16.36m on exports of 309,868t cement in December 2016, compared to US$23.68m on 455,720t of exports in the previous month.
Pakistan: construction of US$245m Haripur cement plant gets go-ahead
The chief minister of Khyber Pakhtunkhwa, Pervez Khattak, has approved plans to invest US$245m in the construction of a cement plant in Haripur, The Dawn reports.
Pakistan: APCMA calls for reduced taxes on domestic cement
All Pakistan Cement Manufacturers Association (APCMA) has asked the government to support the industry by placing anti-dumping duty on the Iranian cement and reducing taxes to m...