Displaying items by tag: Khyber Pakhtunkhwa

Pakistan: Cherat Cement has commissioned a 6MW solar power plant at its facility in Khyber Pakhtunkhwa. The project forms part of a 9MW total capacity, with the remaining 3MW expected to be commissioned in the 2025 financial year. The company did not disclose its total renewable energy capacity in the notice.

Pakistan: The Khyber Pakhtunkhwa (KPK) government will replace ore-based royalties on cement with a 6% royalty on the ex-factory price.

The proposed change will raise costs for producers and follows a similar royalty imposed by the Punjab government in August 2024. Analysts said that manufacturers would need to raise cement prices significantly to offset the impact of the increased royalty.

Pakistan: Medics took three protestors from the site of a hunger strike outside a cement plant in Hattar, Khyber Pakhtunkhwa, to hospital in Haripur. The News International newspaper has reported that nine fired workers won a case before the National Industrial Relations Commission (NIRC) to be reinstated to their jobs at the plant. When not given back their jobs, they began the hunger strike on 17 February 2021.

The cement company said that it is appealing the NIRC’s decision.

Bestway Cement, Dewan Hattar Cement and Mustehkam Cement all operate cement plants in Hattar.

Pakistan: The Competition Commission of Pakistan (CCP) has launched an investigation into alleged collusion between cement companies that may have been the cause of a localised cement price spike in northern Pakistan. On 25 July 2020 the Pakistan Bureau of Statistics (PBS) recorded cement price rises of up to 8.9% in Punjab and Khyber Pakthunkhwa compared to a month earlier, according to the Profit newspaper. Officials had predicted a nationwide price drop after the government abandoned the Federal Excise Duty (FED) on cement in June 2020. Prices have decreased by a small margin in the southern regions of Balochistan and Sindh.

The Ministry of Industries and Production previously asked producers to lower cement costs in May 2020 in order to boost construction in the interest of the post-coronavirus lockdown economic recovery.

Pakistan: Lucky Cement is using its trucks to deliver food to those eligible for disaster relief under the government’s Ehsaas emergency ration scheme. Pakistan Press International has reported that since the beginning of the coronavirus crisis Lucky Cement has made food 8000 deliveries to affected people in rural Khyber Pakthunkhwa and Sindh. The company said, “We are further expanding our muscle to support more deserving families across Pakistan.”