Bestway attains largest cement manufacturing capacity in Pakistan
Bestway Cement having substantial foreign investment has
acquired stake held by another foreign investor in Lafarge cement Pakistan.
This shows commitment of Bestway Group towards Pakistan. After Bestway attains
the largest cement manufacturing capacity in Pakistan, what would be the
response of other industry leaders i.e. Lucky and D.G. Khan Cement? Can this
acquisition initiate price war? How the other players plan their business plan
in post FY18 era when industry achieves maximum capacity utilization? For
details visit shkazmipk.com
Can this acquisition initiate price war? How the other players plan their business plan in post FY18 era when industry achieves maximum capacity safety equipment
ReplyDeleteCement industry in Pakistan operates in 'collaborative' manner or as cartel. Whenever demand declines or capacity increases production quota allocations are adjusted. The real issue likely to face Pakistani manufacturers in not increasing capacity but increase in cement export by Iran if and when sanctions are removed.
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