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Flying Cement Co slates expansion to complete in 3QFY22

Flying Cement Co slates expansion to complete in 3QFY22
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Kohat Cement to set up Punjab cement plant

Kohat Cement to set up Punjab cement plant 17 February 2021 Kohat Cement Co Ltd has announced that its Board of Directors have approved, subject to all regulatory approvals, setting up a 7800-10,000tpd cement manufacturing plant (along with 8-10MW waste heat recovery and 25MW coal-fired power plants), in Khushab, Punjab, Pakistan.  According to a company notification to the Pakistan Stock Exchange (PSX), the management has estimated cost of the project at PKR30bn (US$187.4m), which will be financed through a mix of debt and equity. It is expected that construction and installation of the plant will be completed in 2-2.5 years.

Cherat Cement Co plans Line No 1 modernisation

Cherat Cement Co plans Line No 1 modernisation 19 January 2021 Cherat Cement Co Ltd has informed Pakistan Stock Exchange (PSX) that the Board of Directors in its meeting held on 18 January 2021, decided to undertake balacing, modernisation and replacement (BMR) for Cement Line 1 and install the main crusher at Lakrai village, Nowshera district, Khyber Pakhtunkhwa (KPK) province, Pakistan. According to Executive Director and Company Secretary, Abid Vazir, these measures will help improve the operational efficiencies of the plant. The total cost of BMR of cement Line 1 and installation of main crusher is approximately PKR3.5bn (US$21.8m). The project will be principally financed through long-term loans.

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