Displaying items by tag: Pakistan

Pakistan: Adani Enterprises has incorporated Adani Cement as a wholly-owned subsidiary. The Pioneer newspaper has reported that the new company will produce various classes of cements. However, it is yet to start business operations.

Pakistan: Bestway Cement has provided details of its upcoming 7200t/day-capacity Paikhel cement plant in Mianwali district, Punjab province. China-based Sinoma International Engineering Company will supply engineering, procurement and construction for the plant. The plant will have a 9MW waste heat recovery (WHR) plant.

Pakistan: Descon Engineering says it has been awarded the construction contract for Maple Leaf Cement’s new 7000t/day production line at its integrated Iskanderabad plant. Line 4 is scheduled to be commissioned in mid-2022. China-based Chengdu Design & Research Institute of Building Materials Industry was awarded the equipment and engineering contact for the project in April 2021. Descon Engineering previously contributed towards the work on Line 3 at the unit in conjunction with Denmark-based FLSmidth in 2019. No value for the order has been disclosed.

Pakistan: Lucky Cement and China-based China Sinoma Energy Conservation have signed a deal to upgrade the waste heat recovery (WHR) units on both production lines at the integrated Pezu cement plant. When the project is completed it will increase the output to 14MW from 10MW at present. No value for the order has been disclosed. Sinoma supplied the plant’s original WHR units in 2017.

Pakistan: The All Pakistan Cement Manufacturers Association (APCMA) says that the country’s installed cement production capacity will reach 99Mt/yr within the next few years, with most of the planned work to be completed by mid-2023. The Dawn newspaper has reported that producers are launching new cement plant projects and expanding existing plants with a total new capacity of 18Mt/yr. Upon completion, the current projects will increase domestic cement production capacity by 43% to 99Mt/yr from 69Mt/yr. 94Mt/yr of the new capacity is situated in Northern Pakistan and 5.0Mt/yr in Southern Pakistan.

APCMA says that the reason behind the new expansion cycle is estimated annual sales growth of 10 – 15% from 2021.

Pakistan: Lucky Cement has reported a 303% increase year-on-year in its unconsolidated profit after tax (PAT) in the first nine months of the 2021 Pakistan fiscal year, a reporting period that ran from 1 July 2020 to 31 March 2021. Its PAT for the period was US$72.6m, compared to just US$18.9m in the same period of the prior fiscal year. Lucky Cement’s net sales for the nine month period came to US$306m compared to US$208m a year earlier. Its net sales for the January-March 2021 quarter increased to US$111m form US$71.6m in the same period of 2020.

Pakistan: House of Habib subsidiary Thal Limited has invested US$11.0m to establish a polypropylene woven bag plant in Hub, Balochistan. Germany-based Windmoller & Holscher will supply the plant. The Business Recorder newspaper has reported that it will have a capacity of 90m bags/yr.

Chief executive officer Syed Umair Ahmed said "Thal Limited also has a paper production capacity of 250m bags/yr and with a polypropylene woven bag production capacity of 90m bags/yr we will be able to cater to not only the local market but also grow our export business."

Pakistan: DG Khan Cement recorded a consolidated net profit after tax of US$18.5m in the first nine months of the 2021 financial year, compared to a US$12.0m loss in the corresponding period of the 2020 financial year. Net sales rose by 8% year-on-year to US$213m from US$198m. Cement sales volumes fell by 5% to 4.09Mt from 4.32Mt.

The company praised Pakistan’s ‘smart lockdown’ as a mitigating factor of the damaging effects of the coronavirus outbreak. Clinker production was 94% of capacity, compared to 101% in the first nine months of 2020. Total kiln operational days fell by 8% to 813 from 883. Depending on on-going outbreak conditions, the company forecast continued momentum gains in housing and infrastructure. It expects to commission a new waste heat recovery (WHR) power plant in the fourth quarter, reducing costs.

Pakistan: Punjab Chief Minister Usman Buzdar says that up to 16 cement plants are being set up in the province. DG Khan will operate three of the new plants, according to the Frontier Star newspaper. Buzdar made the comments at a political meeting in late April 2021.

Pakistan: Maple Leaf Cement has commenced operations at clinker line 3 of its Iskanerabad cement plant following a modification to increase capacity. The Dawn newspaper has reported that the plant now has a capacity of 18,500t/day of grey clinker, up by 3% from 18,000t/day previously.