Lucky Cement’s costs rose substantially in the second half of 2017, more than offsetting a rise in sales revenues.
The acquisition of a minority stake in Pakistani cement maker, Power Cement, by three Danish companies, including FLSmidth, has been approved by the country’s competition regulator.
Attock Cement has started operations on a new 4000 tpd cement production line in Baluchistan, Pakistan.
Clinker production has begun at a new 1.3 million tpy line at Lucky Cement’s Karachi plant in Pakistan.
FLSmidth recently hosted seminars in Lahore and Karachi to bring together key stakeholders in the Pakistani cement industry with experts from the Danish engineering company.
China will drag down average cement consumption growth over the next five years, as the country continues to battle overcapacity, counterbalancing a rosier outlook elsewhere.
Pioneer Cement is to up its potential cement production capacity with the acquisition of Galadari Cement.
Pioneer Cement’s new production line at its plant in Punjab province, Pakistan, will include four Loesche mills for raw meal, cement, and coal grinding.