Dealers' strike may impact cement sales and distribution in Pakistan
The sales and distribution of cement across Pakistan is expected to be significantly impacted due to a strike by one of the stakeholders, effective from 1 July, in protest of ne...
Pakistan
1,846 posts · Page 32 of 185
CCP hosts session on the disclosure of material information on cement bags
On Thursday, 11 July, Pakistan’s Competition Commission of Pakistan (CCP) held a stakeholder engagement session regarding the ‘Manufacturing/Packaging' and 'Expiry/Best Before’ ...
Post-budget 2025 impact on Pakistan's cement and steel industries
The Pakistan government passed the FY24-25 Budget in parliament on Friday, paving the way for the resumption of negotiations with the IMF for a new programme. Despite pushback f...
Continuing domestic weakness weighing on Pakistan cement
Total cement dispatches in Pakistan dropped 12.6 per cent YoY to 3.552Mt in June 2024 from 4.063Mt a year earlier, according to the All Pakistan Cement Manufacturers Association...
Pakistan experienced a partial growth in cement dispatches in FY23-24
The cement industry in Pakistan experienced a minor growth in cement dispatches in FY23-24 due to significant export volume. However, the sector recorded a 12.6 per cent decline...
Power Cement Ltd tapped new export markets, including the US and UK
Power Cement Ltd held its analyst briefing on 26 June, during which management reviewed past performance and looked ahead. The company posted a loss of PKR1.2bn (US$4.32m) in 9M...
Lucky Cement obtains a credit line of PKR8bn
Pakistani financial institution and cement conglomerate the United Bank (UBL) and Lucky Cement Ltd announced that the bank will extend PKR8bn (SU$28.7m) to cement producers. Bot...
PIBTL to settle its foreign exchange debt in a couple of years
Pakistan International Bulk Terminal (PIBTL) is expected to repay all financial dollar-based loans by June 2026. At a recent conference hosted by Topline Research, Shariq Azam S...
Maple Leaf Cement reclassifies PKR26bn investment plan
Maple Leaf Cement Factory Ltd informed the Pakistan Stock Exchange (PSX) on 12 June that it had reclassified its PKR26bn (US$93.3m) capital expenditure plan. In addition, the Bo...
Pakistan’s federal budget offers mixed incentives for the cement industry
On 12 June Pakistan’s Finance Minister, Muhammad Aurangzeb, presented a budget proposal of PKR18.8776trn (US$67.8bn) for FY24-25. The proposal features a record-high deficit of ...