Skip to main content

Pakistan’s cement industry boosted by another bulk export order

By Masood Sattar Khan
(Pakistan News & Features Services) 

After having exported cement in bulk quantity to China, Pakistan has secured yet another export order, this time from the Philippines which will boost the country's cement industry.

The Advisor on Commerce, Abdul Razzak Dawood, tweeted on July 9 that DG Khan Cement Company Limited (DGKCC), one of the largest cement manufacturers in Pakistan, has earned orders for export of cement to the Philippines. 

“Congratulations to DGKCC on making a breakthrough in winning orders for export of cement to Philippines. This follows on their success in China,” Razzak Dawood was quoted as saying. 

“Exporters should follow this example of extending their market reach across the globe. Once market reach extends, then market share will increase. Increasing geographical diversification is an important part of our strategic trade policy," he added. 

After declining for three months, cement sales in Pakistan rose during the month June. It meant that the industry had started to rebound from the COVID-19 epidemic.

According to a report released by the All-Pakistan Cement Manufacturers Association (APCMA), cement sales rose 30% to 4.623m tonnes, with exports surging 124 % to 787,000 tonnes in June.

In 2014, the DGKCC had signed a cooperative EP Contract for 1×30 MW coal-fired power station with Sinoma Energy Conservation Limited of China. 

It was reported that the cooperation between Pakistan and China in cement sector covered several aspects. China is one of the biggest foreign markets for Pakistani cement. 

Meanwhile the Chinese enterprises such as CNBM have invested and provided technical support to Pakistan cement manufacturing. In 2019, China imported 2.33036 billion tons of cement, and the prices of cement kept going up. 

The volume of China's cement import continues to grow substantially. China imported cement clinker 22.74 million tons with an average CIF price of $44/ton. Therefore, under CPEC projects, Pakistan's cement export to China is expected as a positive tendency.
Labels:

Comments

Post a Comment

Popular posts from this blog

KDSP: Empowering Individuals with Down Syndrome in Karachi

The Karachi Down Syndrome Program (KDSP), a beacon of hope and support, is making significant strides in empowering individuals with Down syndrome in the city. Founded in March 2014 by a group of passionate parents and individuals, KDSP addresses the critical need for comprehensive resources and platforms for those with Down syndrome in Karachi. Bridging the Gap: A Mission of Advocacy and Inclusion KDSP operates as a non-profit organization with a clear mission: to advocate for the value, acceptance, and inclusion of individuals with Down syndrome. Recognizing the limited support and resources available locally, KDSP was established to provide a nurturing environment where individuals with Down syndrome can lead independent and fulfilling lives. A Lifelong Journey of Support Understanding the unique needs of individuals with Down syndrome and their families, KDSP offers unwavering support from the moment a family receives a diagnosis.  They embark on a journey with each family, pro...
Post a Comment
Read more

China’s maize-soybean technology brings bumper harvest in Punjab

By Masood Sattar Khan (Pakistan News & Features Services) The harvest of maize-soybean strip inter-cropping demonstration in Bahawalpur, Punjab, was completed on July 6. The yields of soybean and maize reached 1,304 kg/ha and 8,596 kg/ha respectively, which exhibited satisfactory results. This was indeed encouraging news for local farmers who desired growing soybean without curbing the cultivation of maize, the Gwadar Pro, a Chinese website, reported July 7.  Maize harvest in this inter-cropping field outdistanced the country’s average maize yield which was only around 5,000 kg per hectare. Meanwhile, the farmers received considerable soybeans as an additional return.  As the selling price of soybean was two to three times that of maize, when comparing the two crops as a whole, the overall economic benefit had been significantly improved.  “If you calculate the total benefits, maize-soybean inter-cropping will be the best system in terms of i...
Post a Comment
Read more

China's port city Tianjin houses beautiful mosque

By Masood Sattar Khan (Pakistan News & Features Services) Tianjin, one the China’s busiest port cities and close to Beijing, has a beautiful masque sprawling on 1970 meters with all modern facilities for worshippers.  The famous Tianjin East Mosque is located in downtown at Ermalu Road in Nankai district. Tianjin is estimated to have around a Muslim population of 180,000.  The mosque was built anew in 2008 when it was relocated to shift for more spacious space to facilitate the local Muslims.  The new mosque is very beautiful with modern facilities thus the atmosphere becomes more comfortable for the worshippers. The walls of the main prayer hall are decorated with verses from Holy Quran.
Post a Comment
Read more