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News DG Khan

Displaying items by tag: DG Khan

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DG Khan Cement records US$5m first-half profit after tax in 2021 financial year

22 February 2021

Pakistan: DG Khan’s profit after tax was US$5.03m in the first half of the 2021 financial year. In the corresponding half of 2019, it recorded a US$5.33m loss after tax. Its sales grew by 5% to US$138m from US$131m. Cement sales volumes fell by 6% to 2.76Mt from 2.95Mt.

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Pakistan Supreme Court may consider cement producers’ claim against legality of Competition Commission of Pakistan

15 January 2021

Pakistan: Cement producers including DG Khan have filed pleas to the Pakistan Supreme Court challenging the Lahore High Court’s ruling in favour of parliament’s right to introduce new competition legislation. The pleas challenge the constitutionality of the Competition Commission of Pakistan (CCP)’s existence, according to the Pakistan Today newspaper. The producers claim that the high court made a procedural error in failing to adjourn during the coronavirus pandemic and a domestic ban on air travel.

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DG Khan Cement hires Schneider Electric for electrical upgrade

01 September 2020

Pakistan: France-based Schneider Electric will provide a ‘comprehensive electrification solution’ to improve the efficiency and sustainability of cement production at DG Khan Cement’s 3.2Mt/yr integrated Hub cement plant in Karachi, Balochistan. The Nation Newspaper has reported that the supplier’s ECOStruxure product will give operators ‘a full view of energy use across the plant,’ according to the company. Additionally, “artificial intelligence (AI)-powered software will help the company to take a predictive approach to maintenance,” it said.

Hub cement plant general manager Arif Bashir said, “Our goal is to monitor and manage power across our infrastructure efficiently, find electrical faults sooner, fix issues quicker and achieve a faster return on investment. Schneider Electric’s energy efficiency solutions that will improve our performance.”

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DG Khan Cement to export cement to the Philippines

13 July 2020

Pakistan: DG Khan Cement has secured a contract for the supply of cement to a customer in the Philippines. The cement producer exported 0.27Mt of cement and 0.71Mt of clinker in its financial year to 30 June 2019. Government Advisor for Commerce, Textile, Industry and Production Abdul Razak Dawood called the addition of a Philippine client to the company’s order list a “breakthrough” saying, “Once market reach extends then market share will increase. Increasing geographical diversification is an important part of our strategic trade policy.”

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DG Khan Cement to expand production in Pakistan

18 November 2019

Pakistan: DG Khan Cement has asked the government of Punjab province if it can expand the production capacity at one of its cement plants by 12,000t/day. Bloomberg said that it had seen a letter sent to the local government and that Javed Iqbal Malik, a senior economic adviser at Punjab province's industries department, had confirmed receiving it. The approval process could take up to 12 months. If accepted the upgrade could see DG Khan Cement surpass Bestway Cement to become the country’s largest cement producer with a production capacity of 10.7Mt/yr.

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DG Khan signs deal with Sinoma Energy for upgrades at Hub cement plant

09 July 2019

Pakistan: DG Khan has signed a deal with Sinoma Energy Conservation for upgrades at the integrated Hub cement plant in Baluchistan. The agreement includes a 10MW waste heat recovery (WHR) unit and a 30MW coal power plant. No cost of the project or date of completion has been disclosed.

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DG Khan’s profits down so far in 2019

26 April 2019

Pakistan: DG Khan’s sales rose by 30% to US$215m in the nine months to 31 March 2019 from US$165m in the same period in 2018. However, its profit dropped by nearly half to US$18.5m from US$35.1m. Its cost of sales increased by 56% in the reporting period.

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DG Khan Cement’s reports mixed half-year

28 February 2019

Pakistan: DG Khan Cement’s sales rose by 26% year-on-year to US$154m in the six months to 31 December 2018 from US$122m in the same period in 2017. Its net profit more than halved to US$12m from US$24.8m. However, its net profit fell by 7% to US$10.9m from US$11.8m.

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Two DG Khan Cement employees killed in gun attack

10 December 2018

Pakistan: Two employees of DG Khan Cement have been killed in a gun attack. A third worker was seriously injured in the incident, according to the Dawn newspaper. Police report that unidentified motorcyclists in Dera Ghazi Khan opened fire on a company security van whilst it was transporting workers to a nearby plant. The victims died at the DG Khan Medical College.

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GE delivers grid to DG Khan Cement’s Hub plant

30 November 2018

Pakistan: GE says it has delivered a turnkey power grid to DG Khan Cement’s Hub plant in Baluchistan. The grid includes a 132/6.3kV gas-insulated switchgear (GIS), 40MVA power transformers and other related auxiliary equipment. The power solution also includes an extension at K-Electric’s Hub Chowki grid station with a 132kV AIS bay connecting it to the DG Khan Cement grid station. GE also supplied engineering, procurement and construction (EPC) of the 132/6.3kV grid station.

“As one of the largest cement producers in Pakistan, our aim is to create a facility for the future, not only to meet local demand but also to serve the international market. To support these efforts, we needed a field-proven stable and reliable grid solution and therefore after thorough evaluation we selected GE’s solutions. Given GE’s experience spanning across a wide range of industries and applications, we are pleased to work with the team on this critical project,” said Arif Bashir, Director (Tech & Ops) at DG Khan Cement.

DG Khan Cement officially opened the Hub plant in July 2018. The unit has a cement production capacity of 2.8Mt/yr.

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