APCMA releases official dispatch data for FY19
Pakistan's cement industry saw a growth 2.2 per cent in total dispatches in FY18-19, which reached to 46.88Mt from 45.89Mt during this period, says official data of All Pakistan...
Pakistan
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Cherat Cement becomes sixth-largest producer in Pakistan
Cherat Cement Co Ltd (CHCC) has become the sixth-largest cement producer with eight per cent market share in Pakistan following the successful installation and commissioning of ...
Pakistan cement industry's future outlook
The margins of the Pakistani cement industry remain under pressure in FY19 and this trend is likely to continue in FY20 on the back of poor demand, higher coal prices and intere...
Lucky Cement solicits modification in power supply licence
The Government of Pakistan's National Electric Power Regulatory Authority (NEPRA) has received an application from Lucky Cement (Pvt) Ltd, seeking permission to supply surplus p...
Cement prices in Punjab rise after trade suspension
After the suspension of trade between India and Pakistan on 10 August, the price of cement in Punjab has increased by almost INR100/bag (US$1.38/bag), according to the Hindustan...
Pakistan's cement dispatches fall in July 2019
Pakistan's cement industry dispatches in July, the first month of the FY19-20, fell to 3.5Mt from 3.6Mt in July 2018. This translates to a decline of 2.8 per cent, primarily due...
Pakistan makes GIDC workable for industries
The President of Pakistan, Arif Alvi, promulgated the Gas Infrastructure Development Cess - GIDC (Amendment) Ordinance 2019 to waive half of the outstanding liabilities of the f...
Fauji Cement sees 17% decrease in profit
Pakistan's Fauji Cement Co recorded a 17 per cent fall in profit to PKR2.824bn (US$17.7m) for the year ended 30 June 2019, compared with PKR3.429bn in the FY18. Revenue was most...
Pakistan's FDI slips in July 2019
Pakistan received foreign direct investment (FDI) of US$168.4m in July 2019, compared to US$264.6m received in July 2018. This represents a fall of 36.4 per cent YoY.
