
Displaying items by tag: Power Cement
Power Cement shuts down old production lines
20 August 2019Pakistan: Power Cement has shutdown the older production lines at its integrated Nooriabad plant due to falling demand and prices. Chairman Nasim Beg said that the old lines were shut because they were ‘inefficient’ and not competitive under present conditions, according to Bloomberg. The plant had a production capacity of around 3150t/day from its older lines. In July 2019 it completed the installation of a new 2.46Mt/yr clinker line supplied by Denmark’s FLSmidth.
Power Cement completes installation of machinery on third production line at Nooriabad plant
04 July 2019Pakistan: Power Cement says it has completed the procurement and installation of machinery on the new third production line at its Nooriabad plant. This includes a 2.46Mt/yr clinker line and a 2.72Mt/yr cement and dispatch line. The equipment was ordered from Denmark’s FLSmdith. The cement producer says the upgrade has made it the largest in southern Pakistan with a total clinker production capacity of 3.42Mt/yr and a cement capacity of 3.73Mt/yr.
Pakistan: Power Cement has provided an update on construction work towards building a third line at its Nooriabad plant. 97% of the equipment ordered from Denmark’s FLSmdith has been received. 22% of errection work has been completed. The design phase of a new 40MW grid station and its fixing has been completed and civil work has commenced. Overall civil work is reported 91% complete.
The cement producer ordered the new 7700t/day line from FLSmidth in 2017. China’s TEPC has been handling the construction and errection contract. China’s CECC Tianjin (Pakistan) Electric Power Construction has been in charge of civil construction.
Pakistan: Power Cement plans to take out a Euro30m loan from Germany’s Deutsche Investitions to finance building a 7700t/day new clinker production line. In mid-2017 the cement producer ordered a production line from Denmark’s FLSmidth for a third line at its plant at Nooriabad.
Pakistan: GE Power has won a contract to design, manufacture and deliver a 132/6.3kV air-insulated switchgear (AIS) grid station to support a new production line being built at Power Cement’s plant in Nooriabad. The project is expected to be completed in early 2019. It will supply the cement plant with a reliable electricity supply from the Hyderabad Electric Supply Company.
FLSmidth consortium buys share in Power Cement
06 February 2018Pakistan: A consortium of investors including Denmark’s FLSmidth have purchased a stake in Power Cement. The investors include the Danish Investment Fund for Under-Developed Countries (IFU) and IFU Investment Partners (IIP). As part of the deal the board of the cement producer has approved the appointment of Anders Paludan as a director.
Power Cement announces new directors
29 May 2013Pakistan: Power Cement, formerly Al Abbas Cement Industries, has released the names of its directors for the period to 2016. Kashif Habib, Samad Habib, Muhammad Ejaz, Nasim Beg, Syed Salman Rasheed, M Yousuf Adil and Muhammad Yahya Khan are all set to be elected unopposed at the company's extraordinary general meeting to be held on 4 June 2013 in Karachi.