Power Cement exports to the UK
Power Cement of Pakistan has marked a significant milestone. It has successfully entered the European market by exporting its high-quality cement to the United Kingdom. This ini...
Trade
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US Great Lakes reports increase in cement shipments
The US Great Lakes has reported shipments of more than 1.8Mt of cement in the first nine months of 2023, according to the Ontario-based Chamber of Marine Commerce. This marks an...
PIBT saw a host of economic challenges in FY22-23
Pakistan International Bulk Terminal Ltd (PIBTL) said in its annual report that during FY22-23, the company’s business was affected by the volumes handled, which lowered from 8....
Pakistan's cement and clinker exports grow 44% in 3MFY23-24
Pakistan’s cement industry has sustained a noteworthy growth in cement and clinker exports during the first quarter of FY23-24 (July-September 2023) due to the continued depreci...
Oman and UAE sign agreement on limestone exports
Oman and the Etihad Rail Co(OERC) have signed an agreement with Emirates Steel Arkan to facilitate the export of raw limestone from Oman to the UAE. According to Gulf News Repor...
PIBTL reap benefits from PKR appreciation to reduce exchange losses
Pakistan International Bulk Terminal Ltd (PIBTL) will benefit from Pakistani rupee currency appreciation against the greenback. The rupee is getting stronger due to administrati...
CBAM transition period comes into effect
On 1 October 2023 the transition period of the European Union's Clean Border Adjustment Mechanism (CBAM) regulation to control embedded emissions in imported goods including cem...
Pakistan's cement industry saw significant export growth in 2MFY23-24
Pakistan's cement industry saw significant growth in cement exports, both over land to Kabul and further afield by sea during 2MFY23-24 due to the depreciation of the Pakistani ...
Rising energy price may dent cement business in Pakistan
Pakistan's government increased the fuel price in the country on 1 August 2023. Two influential trade organisations, the Federation of Pakistan Chambers of Commerce & Industry (...
Reassessment of raw materials import value demanded
The Bangladesh Cement Manufacturers Association (BCMA) has urged the government to revisit the assessment value of three raw materials (cement clinker, granulated slag and gypsu...