Fauji Cement commissions Nizampur Line 3
Fauji Cement Co Ltd (FCCL) informed the Pakistan Stock Exchange that on 27 October it successfully commissioned the third production line at its existing plant in Kahi Village, ...
Pakistan
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Lucky Cement reports Pezu expansion on track
Lucky Cement Ltd announced that the company’s 3.15Mt brownfield cement expansion at Pezu remains on track to be commissioning by December 2022. A 34MW solar power project is set...
Pakistani producers to expand cement capacities
In a cement sector update, MS Research has stated that four companies in Pakistan are expected to add extra capacity in FY22-23, lifting the current 70Mta of capacity by 11.7Mta...
Fauji Cement revenue up 27% YoY
Pakistan-based Fauji Cement Co Ltd (FCCL) has posted consolidated revenue of PKR14,700m (US$66.7m) in the quarter ended 30 September 2022. This compares to PKR11,577m in the sam...
High cost impacts Pakistan cement export in 3MFY22
According to Intermarket Securities Ltd, in 1QFY22-23 (July-September 2022) overall cement industry utilisation stood at 56 per cent, compared to 72 per cent in the same period ...
Bestway Cement fires new kiln line at Mianwali plant
Company Secretary of Bestway Cement Ltd , Hassan Niazi, has informed Pakistan Stock Exchange (PSX) that the company has achieved the major milestone of lighting up the kiln at i...
Fauji Cement to become Pakistan’s third-largest cement player
The Fauji Cement Company Ltd (FCCL) is currently undertaking two expansions to become the second-largest cement producer in the north of Pakistan and third-largest cement player...
Pioneer Cement’s profits shrink by 47% in FY21-22
Pioneer Cement Ltd earned a net profit after tax of PKR1.05bn (US$4.83m) in FY21-22 (July 2021-June 2022) compared to PKR1.97bn in the same period the previous year. This transl...
Power Cement Ltd posts US$2.03m loss in FY22
Power Cement Ltd has reported a loss after taxation of PKR443m (US$2.03m) in its 2022 financial year, compared to a profit of PKR358m in the corresponding period last year, said...
Local Pakistan and export dispatches fall during September
Pakistan's cement industry has recorded a YoY fall of 6.83 per cent in dispatches during September 2022, with total cement dispatches (local and exports) shrinking to 4.276Mt fr...