Bestway Cement completes Punjab brownfield line
General Counsel and Company Secretary of Bestway Cement Ltd (BWCL), Hassan Niazi, informed Pakistan Stock Exchange (PSX) that the company has completed the construction and inst...
Pakistan
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Domestic dispatches rise and exports fall in January
Pakistan's total cement industry dispatches increased by 1.2 per cent in January 2023 to 4.01Mt from 3.96Mt dispatched during the same month of last fiscal year. Local cement di...
Lucky Cement increases profit by 23% in 1HFY21-22
Pakistan cement producer Lucky Cement Ltd has announced its financial results for the half-year ending 31 December 2022. It reported a profit after tax of PKR7.128bn (US$27.4m) ...
Power Cement to use local Thar coal
Sindh Engro Coal Mining Co(SECMC) and Power Cement have signed a memorandum of understanding (MoU) for a trial run of Thar coal for cement production in Power Cement's plant at ...
Cement exports nosedive in 1HFY22-23 in Pakistan
Pakistan’s cement industry export revenue and overseas dispatches in the first six months of FY22-23 (July-December 2022) nosedived both YoY and MoM, according to the country’s ...
Pakistan exports to the USA for the first time
Pakistan’s DG Khan Cement Co (DGKCC) has announced that it will export 600,000t of low-alkali cement to the USA each year. This marks the first time Pakistan has exported cement...
Steel shortage may impact the cement industry
The Pakistan Ship Breakers Association (PSBA) said on 18 January that the shipbreaking industry is on the verge of closure as local banks are reluctant to open letters of credit...
State Bank of Pakistan reviews cement industry performance in FY22
The State Bank of Pakistan (SBP) has critically analysed the performance of the cement industry between July 2021 and June 2022. The central bank gauged the positive and negativ...
Pakistan records a 21% decline in cement dispatches in 1HFY22-23
The negative trend in cement dispatches in Pakistan has continued in the last few months. The latest data for 1HFY22-23 and December 2022 show the sector has been affected by a ...
Attock Cement seeks a supply of minerals
Attock Cement Pakistan Ltd has planned to outsource raw materials for its cement plant at Hub Choki in the Balochistan province from January 2023 to June 2023. The company asked...