Lucky boosted by higher volumes and pricing
Pakistan’s largest cement producer, Lucky Cement, reported a net profit of PKR11.3bn (US$110.34m) for the fiscal ending 30 June 2014, up 16.4 per cent compared to PKR9.7bn in th...
Pakistan
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Work begins on Pakistan bulk terminal project
Work has begun on the Pakistan International Bulk Terminal project at Port Qasim, the country’s first terminal for handling coal, clinker and cement. The state-of-the-art multi-...
Pakistan's export earnings down by one-third
During the first month of the new Pakistan fiscal, cement exports declined by 30.31 per cent YoY to 557,159t, with shipments to Afghanistan falling significantly. In revenue ter...
South Africa to probe dumping allegations
The International Trade Administration Commission (Itac) is investigating claims that cement from Pakistan is allegedly being dumped in the Southern African Customs Union (Sacu).
FLSmidth wins DR Congo plant project
FLSmidth has won a contract worth EUR68m from Nyumba Ya Akiba SARL to supply a complete package of equipment and engineering for a greenfield cement plant in the Democratic Repu...
Fauji Cement full-year net profit rises 27% YoY
Pakistan-based producer Fauji Cement reported a net profit of PKR2.39bn (US$23.7m) for the fiscal ending 30 June 2014, up 27 per cent YoY compared to PKR1.88bn in the year before.
Pakistan sales decline in first month of new fiscal
Pakistan cement dispatches during the first month of the new fiscal (FY14-15) proved disappointing with both domestic and export sales registering YoY declines. Total sales duri...
Changes needed to Pakistan cement tariffs and tax
With domestic cement dispatches dipping in July to 1.73Mt compared with 1.85Mt during same month last year, Pakistan producers witnessed a decline of 6.52 per cent. Furthermore,...
Cherat Cement to increase capacity, Pakistan
Cherat Cement plans to invest PKR12bn (US$121.5m) in expanding capacity at its Pakhtunkhwa works, according to a company official.
Holiday slowdown affects Pakistan & Bangladesh
Imports and exports of cement and raw materials through some of Pakistan and Bangladesh’s key ports have been disrupted since 25 July 2014 due to the Eid ul-Fitr festival and se...