Attock Cement plans 3300 tpd clinker production line
Published by Katherine Guenioui,
Editor
World Cement,
Pakistan’s Attock Cement reported profit after tax of Rs.2.21 billion in FY15, up 9.5% y/y. Revenues increased 4.3% to Rs.13 billion and gross margins improved by 407 basis points to 33.6%.
The company also announced plans to expand its production capacity by building a US$120 million cement production line at its plant in Hub. The project is expected to take 30 – 36 months and will commence production in 3Q19 when it will be capable of producing 3300 tpd of clinker. This is the third such announcement after DG Khan Cement and Cherat Cement also announced plans to expand production capacity.
Pakistan is seeing growth in domestic cement demand, while exports are suffering from greater competition.
Edited from various sources by Katherine Guenioui
Sources:
Read the article online at: https://www.worldcement.com/asia-pacific-rim/14082015/attock-cement-plans-3300-tpd-clinker-production-line-322/
You might also like
The World Cement Podcast
In this special joint episode of the World Cement Podcast, and Cementing Europe’s future, the podcast of CEMBUREAU, David Bizley and Koen Coppenholle take a deep dive into the Clean Industrial Deal and a discussion of what it means for the European cement industry.
Listen for free today at www.worldcement.com/podcasts or subscribe and review on your favourite podcast app.
Shaping The Future Through Shredding
Gary Moore, UNTHA Shredding Technology GmbH, highlights the global momentum behind alternative fuels and the role of advanced shredding in shaping cement’s low-carbon future.
