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CEMENT

Cement export reach $253.5mn in fiscal year

ISLAMABAD: The exports of cement from the country witnessed an increase of 4.57 percent during the eleven months of financial year 2020-21, against the exports of the corresponding period of last year. According to the Pakistan Bureau of Statistics (PBS),

Cement sales increase 40% in April

LAHORE: The cement sector posted a growth of 40.41% in April 2021 as total sales reached 4.94 million tons against 3.52 million tons in the same month of previous year. According to data released by the All Pakistan Cement Manufacturers

Cement sales show record 44.4% growth in March

KARACHI: Cement sector observed the highest-ever monthly growth by 44.39 percent in March to 5.773 million tonnes from 3.722m tonnes in the same period last year due to increasing domestic needs and exports. The data released by All Pakistan Cement

Construction relief package boosted cement sector growth: APCMA

ISLAMABAD: Chairman of All Pakistan Cement Manufacturers Association (APCMA) Muhammad Ali A. Tabba has said that the relief package provided by the government boosted cement sector growth through increased demand in construction sector. While speaking to a news agency, he

Cement sales increase 15.70% in Jul-Dec

ISLAMABAD: The cement sector posted a growth of 15.66% during the first six months of the fiscal year 2020-21 as demand in the domestic market accelerated due to the attractive incentives announced by the government for the construction sector. According

Cartels in industry

Pakistan has been facing an adverse economic and financial situation and is struggling to increase exports and production. But uncompetitive business practices by top organizations are one of the obstacles in economic growth and development. Recently, the Competition Commission of

Cement sales grow 4.19% in November

KARACHI: The cement sector posted a growth of 4.19% in sales during November 2020 compared to the same month last year. This was the lowest monthly growth in current fiscal year after a double-digit rise in September and October 2020.

Pakistan’s economy continues to improve: Hammad Azhar

ISLAMABAD: Federal Minister for Economic Affairs Hammad Azhar has said that Pakistan’s economy continues to improve. Hammad Azhar took to Twitter and wrote that Pakistan’s trade deficit continues to shrink. According to him, industrial production is showing strong growth. Pakistan’s

Cement company wins export orders to Philippines

ISLAMABAD: Advisor for Commerce and Investment Abdul Razak Dawood has congratulated DG Khan Cement for making a breakthrough in winning orders for exporting cement to the Philippines. In a statement on Twitter, the adviser said, “This follows on their success

Domestic cement consumption decline first time in six years

LAHORE: Cement sales increased by 29.94 percent in June 2020 to 4.623 million tons from 3.557 million tons in June 2019, ending the fiscal year 2020 on a positive note after a decline for three consecutive months. According to the

Dubai introduces cement made from sea-salts

ABU DHABI: Dubai-based architects have introduced a cement that is made out of the salt extracted from UAE’s desalination plants. Wael Al Awar and Kenichi Teramoto, principal architects at Waiwai, are the two masterminds behind the invention that could potentially

Cement’s domestic sale declines by 38% in May

KARACHI: The sale of domestic cement has declined by 38 percent in May 2020. The domestic cement’s sale as per record declined by 38 percent in May 2020 to 2.27 million tons in May 2020 from 3.64 million tons in