Tuesday, March 03 2026

Feb cement despatches up by 12.53pc YoY: APCMA
Cement despatches increased by 12.53 percent in February 2026 as total despatches during the month were recorded at 4.199 million tons against 3.732 million tons despatched during the same month of last fiscal year. According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement despatches by the industry during the month of Feb-26 were 3.467 million tons compared to 3.2 million tons in Feb-25, showing an increase of 8.35 percent. Exports despatches also increased by 37.72 percent as the volumes jumped from 531,736 tons in Feb-25 to 732,333 tons in Feb-26. In Feb-26, the North based cement mills despatched 2.856 million tons cement showing an increase of 7.66 percent against 2.653 million tons despatches in Feb-25. South based mills despatched 1.34 million tons cement during Feb-26 that was 24.50 percent more compared to the despatches of 1.079 million tons during Feb-25.
Related news categories: business cement economic-indicators psx stock-exchanges

Monday, March 02 2026

Bestway Cement enters auto sector after CCP nod
The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Al-Haj Automotive (Private) Limited by Bestway Automotive (Private) Limited, a wholly owned subsidiary of Bestway Cement Limited, following a Phase-I competition assessment conducted under the Competition Act, 2010. According to a statement released on Saturday, Bestway Automotive (Private) Limited filed a pre-merger application on January 26, 2026, for the acquisition of Al-Haj Automotive (Private) Limited, under Section 11 of the Competition Act, 2010. The transaction arises from an asset purchase agreement executed on December 22, 2025, between the merger parties. Meanwhile, the acquirer, Bestway Automotive (Private) Limited, is a private limited company incorporated in Pakistan and a wholly owned subsidiary of Bestway Cement Limited, a company listed on the Pakistan Stock Exchange.
Related news categories: auto-assembler business cement economic-indicators psx stock-exchanges
Related symbols: bwcl (news stock)