The Privatisation Commission (PC) is holding a bidding to privatise Mustehkam Cement Limited (MCL) through the sale of 85.29 per cent shares held by the holding company, SCCP, and for the sale of Bolan Textile Mills machinery at its conference room at Islamabad on Thursday at 1015 hrs.
The MCL is a public limited company listed on the stock exchange. The original unit commenced its production in 1966, while the new unit started commercial production in 1981. The company produced Portland cement.
The plant is located at Hattar, Haripur and has a rated capacity of 630,000tpa.