Pakistan coal imports projected to soar to 30m tons by 2020
The demand for cement manufacturers was projected to increase by 2.0 million tons, whilst coal-fired power plants would require 8 million tons by 2020
ECC not to interfere in cement industry, permits them to increase prices
According to the Ministry of Industries and Production, in spite of the high cost of production and higher taxes, the prices of cement in Pakistan were lower than those in India and Sri Lanka
KSE-100 index posts 7.8% YoY increase in profit for nine months of 2018
Profitability of KSE-100 index increased by 0.8% YoY during the third quarter of 2018
Domestic cement consumption rebounds, grow 18.9 percent in September
Southern region exports also surged by a gigantic 212.13 percent to 1.044 million tons against 0.334 million during July-September 2017
Power Cement gears up for infrastructure spending spree
The company will increase its production capacity to 3.4 million tons per year, with a new plant expected to come online by June 2019
DG Khan Cement posts Rs9 billion profit for fiscal 2018
KARACHI:Â DG Khan Cement Company Limited posted a consolidated net profit of Rs8.93 billion in the fiscal ending June 30, 2018, up by...
Domestic cement despatches decline by 13.73pc in August
Slower growth was attributed to the hectic election activities that were going on in the country.
Cement despatches grow by 5.10 per cent
Despite the disruption caused by the General Elections, the sector posted 5.10 per cent growth in July.
Cement prices likely to surge by Rs15 per bag
Cement makers have decided to increase Rs15 per bag in the northern region amid monsoon season and the government transition that has caused construction activity to slow down, Pakistan Today has learnt reliably.
Market Daily:Â Ongoing rally sees KSE-100 rake in 2,130 pointsÂ
The Pakistan Stock Exchange (PSX) continued its winning streak as the equity market stretched Wednesday’s rally, gaining 898 points (2.19 per cent) to close the day at 41,796.
Lucky Cement receives environment excellence award
Lucky Cement Limited won the Environment Excellence Award at the 15th Annual Environment Excellence Awards 2018, organised by The National Forum of Environment and Health (NFEH).
Cement manufacturers jack up prices by Rs15-20 per bag in northern region
As global prices of coal have surged, the cement manufacturers to protect their bottom lines passed on the impact to the consumers by raising prices in the region of Rs15-20 per bag
Domestic cement dispatches grew by 15.42 per cent during 2017-18
Country’s cement exports grow by 1.77 per cent to 4.746 million tonnes
Mega Conglomerate’s deal to acquire Dewan Cement collapses
In end-January this year, it was reported Mega Conglomerate (Pvt) Limited was acquiring 87.5 percent majority stake in Dewan Cement Limited (75% through agreement and 12.5% through public offering)
Looming price risk to restrain cement sector performance despite strong demand
The cement sector is likely to face a bumpy ride ahead as the increase in supply-side concerns including creeping in gradual new supply has been restraining sector performance despite strong demand.