Pakistan and Iran explore cooperation on cement trade
A trade delegation from the government of Iran, headed by Ali Mohtasham Amiri, managing director of Milad-e-Noor, has visited Pakistan to explore opportunities for mutual cooper...
Pakistan
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Pakistan earns mixed revenue in 4MFY20
Pakistan's cement industry earned foreign exchange revenue of US$94.41m by exporting 2.368Mt of cement and clinker between July and October 2019, compared to US$104.34m from exp...
Pakistan's FDI shows recovery in 4MFY19-20
Pakistan has received net foreign direct investment (FDI) of US$650m between July and October 2019 period, compared to US$191.9m received in first four months of last year. This...
Thatta’s WHR project to start in 2QFY19-20
Pakistan-based Thatta Cement Co Ltd is currently implementing its waste heat recovery project that will generate 5MW of electricity for the company at its Sindh plant. Commercia...
Bestway Cement to appoint new directors
Bestway Cement Ltd of Pakistan has announced holding of extraordinary general meeting of the company on 5 December 2019 to elect eight directors for the next term of three years...
Varied results for PSX listed cement producers in 1QFY19-20
The financial results of eight cement companies of Pakistan for the July-September 2019-20 period reveals that their profits shrank owing to weak sales, high financial charges a...
Bestway's CEO takes seat in UK House of Lords
British-Pakistani businessman Lord Zameer Choudrey has formally taken his seat in the House of Lords with a pledge to use his position to work towards improving trade relations ...
Pakistan cement industry makes record dispatches in October FY19-20
The Pakistani cement industry has recorded a modest growth of 9.2 and 4.5 per cent in domestic and overseas cement dispatches in October 2019 alone and in the July-October 2019 ...
Pakistan defers axle load and CNIC issues
The Pakistani government is deferring two issues that had earlier caused a negative impact on the country's cement industry: the axle load and documentation of sale over PKR50,0...
Dandot Cement plant closed due to viability issue
Dandot Cement Company Ltd has announced to shut its 504,000tpa of cement plant at Jehlum, Punjab province, Pakistan, due to various reasons, according to company notification to...