Pakistan installs captive solar power
Fauji Cement Co Ltd (FCCL), Pakistan, recently installed a 12.5MW captive solar power project at its Attock plant. Plant located at Distt Attock, Pakistan. The project, which wa...
Pakistan
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Thatta Cement Co appoints Muhammad Aslam Shaikh CEO
Pakistani-based Thatta Cement Co Ltd (THCCL) has informed Pakistan Stock Exchange (PSX) that Muhammad Aslam Shaikh is the company’s new CEO with effect from 23 December 2019, re...
Maple Leaf Cement to elect new directors
Maple Leaf Cement Factory Ltd (MLCF) will elect new directors for a three-year term at its Extraordinary General Meeting on 31 December 2019 in Lahore, Pakistan. Eight people ha...
Increase in gas price may impact Pakistan cement industry
Pakistan's government intends to increase gas prices effective from 1 January 2020 for all types of commercial consumers, including the cement industry. A research house anticip...
Dandot Cement continues to posts losses
Dandot Cement Company Ltd (DNCC) of Pakistan has announced its financial results for the first quarter ended September 2019, yesterday. It incurred a net loss of PKR220m (US$1.4...
Pakistan continues to earns mixed revenue in 5MFY20
Pakistan's cement industry earned foreign exchange revenue of US$124.2m by exporting 3.246Mt of cement and clinker between July and November 2019, compared to US$131.11m from ex...
Increased FDI inflows in Pakistan yet to positively impact cement
According to data of the State Bank of Pakistan, Pakistan has received a net total foreign direct investment (FDI) of US$850.01m during first five months of current financial ye...
Fauji Cement to diversify
Fauji Cement Company Ltd (FCCL) has informed Pakistan Stock Exchange that the 135th Special Board Meeting of the company held at the Fauji Foundation's head office in Rawalpindi...
Pakistan's government allocates more funds for development
The cement industry in Pakistan has welcomed the federal government decision to release PKR298bn (42.5 per cent), including PKR61.75bn (US$1.29bn) of foreign aid (48.13 per cent...
Punjab to ease issuance of NoC for cement plant in province
Pakistan's cement industry welcomes the provincial government of Punjab's move to ease the processes of approval in setting up a cement plant in province. According to media rep...