Maple Leaf to boost WHR plant capacity to 25MW

LAHORE: The Maple Leaf Cement Factory Limited (MLCF) announced the opening of a letter of credit (LC) related to the expansion of...

CCP raids Lahore offices of cement manufacturers’ association

ISLAMABAD: The Competition Commission of Pakistan (CCP), as part of an enquiry launched in May 2020 to investigate the possible anti-competitive practices...
Imran Khan

PM reassures builders of all-out cooperation

ISLAMABAD: Prime Minister Imran Khan has reassured the investors in the construction sector that the government is committed to removing any obstacle in...

Maple Leaf Capital raises stakes in Pioneer Cement to 10.9pc

KARACHI/LAHORE: Maple Leaf Capital Limited, in a notification issued to the Pakistan Stock Exchange (PSX) on Thursday, reported that the company has...

Cement exports fall 9.77pc to $22.9m during July

ISLAMABAD: The exports of cement witnessed a decrease of 9.77 per cent to $22.925 million during July 2020 compared to the exports...

Lucky Cement’s consolidated profit down 40pc to Rs7.32bn

LAHORE: Lucky Cement Limited on Monday released its financial results for the year ended June 30, 2020 announcing a 40 per cent...

Is the cement cartel back in action?

As the construction industry is given packages and concessions to get back up on its feet, does the rise in cement prices that followed mean the cement sector is back to its old tricks?

Govt takes notice of spike in cement prices in northern region

ISLAMABAD: Federal Minister for Industries and Production Hammad Azhar on Sunday, took notice of reports of increasing cement prices in the northern...

Is the cement sector overvalued?

The cement sector in Pakistan has had its rough spots, but one could always look at the last decade and say, here...

Cement sector expected to rebound by 2021, thanks to tax cut and government incentives

At first glance, the cement sector looks like it is struggling. The numbers came in for May, and they were not kind.  Pakistan’s...

Cement price likely to reduce by Rs14.5 per bag

LAHORE: The price of a 50-kilogramme (kg) cement bag is expected to fall by Rs14.5, as the government has slashed Federal Excise...

Cement exports down by 18pc in May

LAHORE: The exports of cement, after showing a positive growth for the last several months, declined 18 per cent Year on Year...

Indian cement importers ask Pakistani exporters to recall their shipments

The development comes amidst rising tensions between Pakistan and India after the Pulwama attack and the latter's decision to slap 200% duty on imports from Pakistan

Attock Cement concludes civil, mechanical and electrical work on Iraq project

In May 2013, Attock Cement had announced plans to invest $25 million in a new grinding plant in Basra, Iraq

MoIP to likely forward reference to CCP regarding cartelization of cement prices: Report

The cement industry contended that the sector wasn’t being provided with any subsidy by the government