Punjab government to charge cement companies for groundwater
The government of the Punjab will charge cement producers in the state up to US$0.93/m 3 for ground water used in their cement production. The Dawn newspaper has reported that t...
Pakistan
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Soaring freight rates prompt cement sector reaction
This week, we are taking a look at the rising costs of dry bulk freight and the resulting impact on the cement industry. Earlier this month, the Baltic Dry Index, a global indic...
Attock Cement records 22% decline in revenue
Pakistan’s Attock Cement has announced a 21.6 per cent YoY decrease in consolidated revenue to PKR5.73bn (US$32.86m) in the quarter ending 30 September 2021, compared to PKR7.31...
Pakistan: 3MFY2021-21 exports mixed
Pakistan's Federal Bureau of Statistics (FBS) has released cement and clinker export data for the first quarter (July-September) of FY2021-22. Both value and quantity of exports...
Pakistan’s manufacturing costs rise
Coal FOB prices have increased from US$68/t in September 2020 to over US$210/t during September 2021, says the All Pakistan Manufacturing Cement Manufacturers Association (APCMA...
Pakistan's local and overseas cement dispatches drop during September
Pakistan's local and export dispatches during September 2021 remained depressed, reports All Pakistan Cement Manufacturers Association (APCMA). Domestic dispatches stood at 4.01...
Dewan Cement sees 7% rise in turnover
Pakistan's Dewan Cement has announced a 7.3 per cent YoY rise in net turnover to PKR6.3bn (US$37m) for the year ended 30 June 2021, compared with PKR5.83bn in the year-ago perio...
Askari Cement orders three new cement mills
Pakistan’s Askari Cement Ltd has ordered three MVR vertical roller mills from Gebr Pfeiffer for its plant in Nizampur. Two of the mills are MVR 5000 C-4 cement mills, which toge...
Pakistan’s promising prospects Premium
Pakistan’s cement sector performed very well in the FY21, supported by government policies to assist construction activity in the wake of the COVID-19 crisis. Going forward loca...
Pakistan is entering a new cement capacity expansion phase
In a cement conference, conducted by AKD Securities Ltd CEO, Muhammad Farid Alam, on 15 September 2021, Pakistan's cement industry producers confirmed that the country has enter...