Dewan Cement finally strikes deal with Mega Conglomerate after roller coaster week

LAHORE:  A bourse notification filed Wednesday by BMA Capital Management Limited  disclosed that Mega Conglomerate (Pvt) Limited was acquiring 87.5 percent majority...

Sindh High Court bars PSX from placing Dewan Cement in defaulter’s segment

LAHORE: A bourse notification filed Monday by Pakistan Stock Exchange (PSX) revealed the Sindh High Court on 27th January ordered it not...

Punjab enforces ban on expansion, setting up of new cement plants

LAHORE: The Punjab government has enforced a ban on construction of new cement plants and expansion of existing ones on Saturday. A notification...

Lahore High Court lifts EPA ban on Maple Leaf Cement’s construction site

LAHORE: A bourse notification filed Thursday by Maple Leaf Cement Factory Limited (MLCF) revealed in pursuant of a decision by the Lahore...

2018 to be a bumper year for Pakistan’s cement sector: Report

International Cement Review, the world's leading source of cement manufacturing news and information, in its latest report on the Pakistani cement industry...

Attock Cement’s new production line commences operations

KARACHI: A bourse notification filed Tuesday by Attock Cement Company Limited revealed its new production line capable of producing 1.2 million tons...

Oil retreats on US output rise after hitting near 2-year high

NEW YORK: Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring US production undermined a 10 per...

Capacity utilisation in cement sector touches 95pc

ISLAMABAD: Cement sector has witnessed a sales boom for the last four years, more so this fiscal year as total despatches reached...

D.G Khan Cement fake acquisition notification creates frenzy among investors

KARACHI: A fake notification which earlier this week made rounds on social media and Whatsapp regarding a Chinese cement company’s interest in acquiring...

D.G Khan Cement rebuts fake acquisition notification

LAHORE: D.G Khan Cement on Thursday rebutted a notification circulating which claimed a Chinese cement company expressed interest in acquiring 40 percent stake...

Cement industry capacity utilisation touches 94.65pc

KARACHI: Cement industry of Pakistan despatched 2.261 million tonnes more cement in the first five months of this fiscal, which is 13.91...

India’s pet coke ban may prove beneficial for Pakistan’s cement industry

KARACHI: Supreme Court of India has recently upheld the ban on the use of hazardous petroleum coke (pet coke) in and around...

Cement prices jacked up to Rs10/bag across country

LAHORE: The cement prices that have been climbing up since November 14, have now settled after getting an increase of Rs 10...

Market Daily: Keeping head above water, KSE100 at 40032.17

LAHORE: KSE-100 index fell 234 points (0.6 per cent) as investors were concerned over the recent countrywide protests and clashes between religious...

Pakistan Army owns $20 billion stakes in fifty conglomerates claims Indian media report

LAHORE:  The Pakistan army exercises control over fifty conglomerates said to be worth $20 billion stretching from banks, industrial plants, universities, milk dairies,...