Skip to main content

D.G. Khan Cement plans new plant near Karachi

Published by , Editor
World Cement,


In an interview with Bloomberg, the CFO of D. G. Khan Cement Ltd spoke of plans to build a US$300 million cement plant near Karachi. Inayat Ullah Niazi told Bloomberg that Pakistan would experience a domestic shortage of cement in three years if demand grows at 10% each year.

The new plant will produce 2 – 2.5 million t of cement and will add to the company’s two existing plants, which have operated near full capacity for the last two years. The plant will be located west of Karachi. Construction is scheduled for completion in late 2018. It will be financed 40% through internal cash and the rest through debt, Niazi said in the interview.


Adapted from source by

Read the article online at: https://www.worldcement.com/asia-pacific-rim/20022015/dgkhan-cement-plans-new-plant-near-karachi-374/

You might also like

World Cement podcast

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.

Apple Podcasts  Spotify Podcasts  YouTube

 

CEMBUREAU elects new President and Vice-President

Jon Morrish, Area Board Member for the Region Europe, Heidelberg Materials, is elected President, and José Antonio Cabrera, President of CEMEX, Europe, Middle East and Africa, as Vice-President.

 
 

Embed article link: (copy the HTML code below):