Lahore - The industry despatched 3.44 million tons of cement in December 2015 compared with 3.11 million tons despatched in December 2014 showing growth of 10.53%. The local despatches were 2.98 million tons during December 2015 against 2.5 million tons during December 2014 depicting increase of 19.28%.

According to statistics, the factories located in north witnessed 15.32 percent increase in domestic consumption by selling 12.63 million tons in domestic markets from July to Dec 2015 against 10.96 million tons during same period of last year. The South based factories witnessed even more growth in domestic dispatches by supplying 2.56 million tons of cement to local markets from July to Dec 2015 against 2.10 million tons  during same period of last year showing growth of 21.63 percent.

“It is to be noted that this growth is mainly led by domestic consumption which increased by a healthy 16.34pc to 15.2m Tons during July to Dec 2015 compared to 13.06m Tons during July to Dec 2014” said a spokesman of All Pakistan Cement Manufacturers Association. He added that during the same period, country’s exports declined by a massive 25.68% to 3.01m Tons compared to 4.06m Tons during July to Dec., 2014.

The spokesman of All Pakistan Cement Manufacturers Association said that government has not been able to work with industry to arrest the decline in exports. He added that the Association has time and again drawn government’s attention towards illegal imports of under invoiced cement from Iran.