Tag: cement

  • Dewan Cement powers ahead with 6MW solar energy installation

    Dewan Cement powers ahead with 6MW solar energy installation

    Karachi, July 14, 2025 – In a major step towards sustainable industrial practices, Dewan Cement Limited has announced the successful installation of a 6-megawatt solar energy unit at its manufacturing facility located in the southern region of Pakistan.

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  • LCCI urges PM to withdraw FBR SROs impacting cement sector

    LCCI urges PM to withdraw FBR SROs impacting cement sector

    LAHORE, May 13, 2025 — The Lahore Chamber of Commerce and Industry (LCCI) has strongly urged the Federal Board of Revenue (FBR) to withdraw two recently issued statutory regulatory orders (SROs) — SRO 578(I)/2025 and SRO 709(I)/2025 — which have sparked serious concern within the cement distribution sector.

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  • Cement offtake surges 14.08% year-on-year in January 2025

    Cement offtake surges 14.08% year-on-year in January 2025

    February 3, 2025 – The cement industry in Pakistan experienced significant growth in January 2025, with total cement despatches increasing by 14.08% compared to the same month last year, according to data released by the All Pakistan Cement Manufacturers Association (APCMA).

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  • Cement Despatches Fall for 11th Straight Month Due to High Taxes

    Cement Despatches Fall for 11th Straight Month Due to High Taxes

    Karachi, August 4, 2024 – The cement industry in Pakistan is grappling with significant challenges as domestic despatches have declined for the eleventh consecutive month, primarily due to heavy taxation and rising input costs. According to the All Pakistan Cement Manufacturers Association (APCMA), this persistent downturn is a major concern for the industry.

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  • DG Khan Cement Expands Horizons with New Subsidiary in USA

    DG Khan Cement Expands Horizons with New Subsidiary in USA

    Karachi, July 19, 2024 – DG Khan Cement Company Limited, a leading name in Pakistan’s cement industry, has announced plans to establish a subsidiary in the United States. The decision was communicated to the Pakistan Stock Exchange (PSX) on Friday.

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  • Decline in Cement Despatches Continues, Year-on-Year Drop of 15.71%

    Decline in Cement Despatches Continues, Year-on-Year Drop of 15.71%

    Karachi, July 4, 2023 – The cement industry experienced a significant decline in despatches, with a decrease of 22.80% in June 2023 compared to the same month last year. The total cement despatches for June 2023 amounted to 4.063 million tons, down from 5.264 million tons in June of the previous fiscal year.

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  • FBR launches mega crackdown against cement manufacturers

    FBR launches mega crackdown against cement manufacturers

    KARACHI: Federal Board of Revenue (FBR) has launched mega crackdown against cement manufacturers for alleged tax evasions.

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  • Another blow to construction industry: cement prices hovering near peak

    Another blow to construction industry: cement prices hovering near peak

    KARACHI: Skyrocket cement prices are another blow to the construction industry because massive surge in steel prices already badly dented the industry.

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  • Finance minister asks cement producers to reduce prices

    Finance minister asks cement producers to reduce prices

    ISLAMABAD: Finance Minister Shaukat Tarin has emphasized to reduce the prices of cement as the industry is of paramount importance due to its backward and forward integration with the construction sector as a whole.

    The finance minister held a meeting with the representatives of cement manufacturers at the Finance Division on Tuesday.

    Federal Minister for Industries and Production Makhdum Khusro Bakhtiar, Secretary Ministry of Industries & Production, Secretary Finance Division and other senior officers participated in the meeting.

    Secretary, Ministry of Industries and Production briefed the participants about the prevailing cement prices.

    He also drew a comparison about changes in the price of cement per bag over the last three years particularly amid COVID-19 pandemic.

    He highlighted the important role being played by the cement industry in stimulating economic growth during testing times.

    In his remarks, the Finance Minister underscored the importance of cement as a building block of the Construction Industry.

    He lauded the valuable contribution of the cement industry which has triggered a V-shape economic recovery during Coronavirus pandemic in the country.

    He underlined various stimulus measures taken by the Government to support the construction industry that led to a strong rebound in economic activity during the ongoing pandemic, he added.

    While speaking on the occasion, the Finance Minister stressed the need to provide industrial inputs such as Cement and Steel at affordable prices to carry forward the momentum of economic recovery amid COVID-19 as well as in post-COVID-19 scenario.

    He emphasized to reduce the prices of Cement as the cement industry is of paramount importance due to its backward and forward integration with the Construction sector as a whole.

    The representatives of cement manufacturers also presented their perspective on the occasion. They were of the view that the recent escalation in the prices of cement are driven by the rise in input costs.

    Also the overall profitability in the cement sector is still the lowest as compared to other countries in the region.

    In his concluding remarks, the Finance Minister urged the representatives of the Cement Manufacturers to hold a consultative session with relevant stakeholders and present a firmed-up proposal regarding sustainable pricing mechanism for cement sector in order to boost the overall Construction Industry by providing industrial inputs at a reasonable cost.

    The Finance Minister affirmed full support and facilitation to the cement industry on the occasion.

  • Commerce Ministry Help Sought as South Africa Imposes Anti-Dumping Duty on Pakistani Cement

    Commerce Ministry Help Sought as South Africa Imposes Anti-Dumping Duty on Pakistani Cement

    KARACHI: Chairman Pakistan-South Africa Business Forum (PSABF) Mohammad Rafiq Memon has said that Pakistan’s cement exports to South Africa have suffered terribly during the last couple of years because of the anti-dumping duty imposed by the South African government that resulted in shrinking cement export to around US$100 to US$150 million which was around US$700 million prior to imposition of anti-dumping duty.

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