Wednesday, December 03 2025

Cement exports dip for third month in a row
Cement exports dropped 26.53% in November 2025 as supplies shrank to 590,183 tons from 803,258 tons in November 2024. This reflects a continued decline in exports over the past three months, with shipments contracting 23% in October and 15% in September, according to data released by the All Pakistan Cement Manufacturers Association. On the contrary, domestic cement dispatches in November 2025 were 3.549 million tons compared to 3.472 million tons in November 2024, showing a slight rise of 2.23%. Total cement sales during November 2025 stood at 4.14 million tons against 4.275 million tons during the same month of last fiscal year, down 3.16%. North-based mills supplied 3.019 million tons, which was almost equal to sales of 3.009 million tons last year. However, southern mills dispatched 1.12 million tons, lower by 11.49% compared to dispatches of 1.26 million tons in November 2024.
Related news categories: business cement economic-indicators psx stock-exchanges

Friday, November 14 2025

Maple Leaf plans to buy majority stake in Pioneer Cement
Maple Leaf Cement Factory Limited (MLCF) has moved to acquire a majority stake in Pioneer Cement Limited (PIOC), submitting an intention to purchase at least a 58.03% shareholding to the Pakistan Stock Exchange (PSX). “Next Capital Limited, vide its letter dated November 13, 2025, which was disclosed to the PSX, has announced that on behalf of Maple Leaf Cement Factory Limited (acquirer), it has submitted the acquirer’s public announcement of intention to acquire at least 58.03% shareholding and control of Pioneer Cement Limited,” Pioneer Cement said in its notice to the bourse on Friday. MLCF informed on Thursday that it was considering purchasing PIOC shares. However, at the time, the company did not disclose the number of shares it intends to purchase. Middle East Vision Holdings Ltd currently holds PIOC’s majority stake of 47%, said JS Global in a note.
Related news categories: business cement economic-indicators psx stock-exchanges
Related symbols: mlcf (news stock) pioc (news stock)