Pioneer Cement and CITIC sign agreement for WHR plant, Pakistan

Pioneer Cement and CITIC sign agreement for WHR plant, Pakistan
03 July 2015


Pioneer Cement has signed an agreement with CITIC Heavy Industries, China, to purchase a waste heat recovery (WHR) plant with a power generation capacity of 12MW.

According to the company notice sent to the Karachi Stock Exchange (KSE) on Wednesday, the total estimated cost of the plant is PKR1.5bn (US$14.7m).

Pioneer Cement's 2.03Mta plant is located at Chenki, District Khusshab, in the heart of Punjab province, 250km from Lahore.

Published under Cement News