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Pakistan's cement industry faces additional challenges

18 September 2018, Published under Cement News

 Pakistan's Finance Minister and chair to the Economic Coordination Committee (ECC), Asad Umar, has announced an increase in gas tariffs for all industrial sectors from 10 to 143 per cent, to take effect from October. The ECC approved a rise in gas prices for a range of sectors, including the cement industry, which is expected to see the cost of gas rise by 30 per cent from PKR750/mmBtu (US$6.05/mmBtu) to PKR975/mmBtu. In addition, it is expected that Mr Umar will present a 'mini-budge...