Pakistan’s DG Khan Cement has reportedly made gains of 28% in net earnings for the year ending 30 June, at Rs.7.63 billion. Profit in the final quarter grew 11% y/y to Rs.2.02 billion, according to a report from The Express Tribune. The improved performance is attributed to falling coal prices, lower interest rates and reduced administration and selling expenses. Gross margins finished at 42.4%, an improvement of 80 basis points in the final quarter compared to the same period last year.
DG Khan Cement is one of Pakistan’s biggest cement producers, with a capacity of 14 000 tpd. It has announced plans to expand capacity to capitalise on the country’s booming domestic demand.
WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.
World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.
Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.
The companies have announced the creation of Wallex, a company focused on design and engineering, manufacturing and on-site installation of offsite panelised and self-supporting construction systems.
Pakistan’s Attock Cement reported a 9.5% rise in PAT in FY15 and has announced plans to expand production capacity with the construction of a new line.
FLSmidth and D.G. Khan Cement Company Ltd have signed a contract worth €57 million for FLSmidth to supply engineering and equipment to a cement plant in Pakistan.
