Pakistan registers fall in exports during 4MFY21-22
Pakistan’s Federal Bureau of Statistics (FBS) reported a 38 per cent fall in exports in terms of dollar value and a 44.2 per cent decrease in export volumes in the 4MFY21-22 whe...
Pakistan
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FCCL to become the third-largest player in the country
Fauji Cement Company Ltd (FCCL) informed the Pakistan Stock Exchange (PSX) on 18 November that its Board of Directors has approved the process of amalgamation of Askari Cement L...
Kohat Cement receives regulatory approvals for Punjab plant
Kohat Cement Co (KOHC) has obtained all the requisite regulatory approvals for setting up the greenfield 7800-10,000tpd cement production line in Khushab, Punjab province of Pak...
APCMA reports declining local and export dispatches
All Pakistan Cement Manufacturers Association (APCMA) reports that cement dispatches declined by 9.1 per cent to 5.214Mt in October 2021 against 5.735Mt in the year-ago period. ...
Fecto Cement appoints chairman and chief executive
Pakistan’s Fecto Cement has appointed Aamir Ghani and Mohammed Yasin Fecto as chairman and chief executive, respectively, with effect from 1 November 2021. The appointment has b...
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...
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...