Pakistan’s Lahore-based leading cement manufacturer and exporters - Flying Cement Company Limited (FCCL) said on September 15, 2010 that it has resumed its operations after remained suspended for seven months due to expensive power supply, low cement price and other factors, says a top official of company.
Mr. Mubashir Asif, Company Secretary told CemNet that resumption of production was possible due to the installation of 132 KVC Grid Station, which has been energized by Water & Power Development Authority (WAPDA). The new supply source of power was possible at an estimated cost of PKR 200 m (US $2.34 m).
It said earlier, the plant remained closed due to rock bottom cement prices and higher cost of input including captive power unit based on furnace oil. As a result, company closed its plant to save the company from extraordinary losses.
However, later it took steps to economize its production cost. The company official expressed hope that with the lower cost of electricity supply from WAPDA, picking up cement prices, and boom in cement demand after recent floods in country, would bring company towards profitablity.
Earlier, power requirements of FLCCL were met from its own captive power plants comprising of 6 generators having a combined capacity of 25 MW. The powerhouse is based on furnace oil firing system.
Flying Cement Company Limited ("Flying Cement", "FLCCL" or "the Company") formerly known as Zaman Cement Company Limited was incorporated in December 1992 as a public limited company.
The factory is located in Mangowal, District Khushab, in the heart of Punjab Province, it comprises of land in excess of 121 acres.The company has a single kiln having an installed capacity of 4000tpd of clinker using the latest dry-process technology and a rated capacity of 1.26Mta of cement
It is a Japanese plant supplied by IHI Japan. The plant is completely redesigned and re-engineered by Ishikawajima-Harima Heavy Industries Company Limited, Japan ("IHI"), Japan. Ishikawajima Harima is the supplier and technical advisor of FLCCL