Cement News tagged under: Gharibwal Cement Ltd
Pakistan: Gharibwal Cement to site new plant in Haripur30 March 2017, Published under Cement NewsIn an announcement to the Pakistan Stock Exchange, Gharibwal Cement has said that has been awarded a licence to prospect for limestone in Haripur district with a view to establishing a new cement plant. On 29 March Gharibwal was among 14 firms that were given permission by the government of Khyber Pakhtunkhwa to establish a new cement plants in the province. Today’s announcement indicates that Gharibwal’s new unit will be located in Haripur, just to the north of Pakistan’s capital, Islama... |
Pakistan: Gharibwal Cement's energy-generating conveyor is operational21 February 2017, Published under Cement NewsGharibwal Cement Ltd informed Pakistan Stock Exchange (PSX) that its downhill conveyor belt project has now started commercial operations. The 3.15km-long conveyor belt can transport 1200tph raw material (crushed limestone, clay, silica, etc) from quarry to the pre-blending yard. said Company Secretary, Muhammad Shamail Javed. It is claimed that this conveyor belt is first of its kind in Pakistan because in addition to transporting the raw material, it also generates electricity up to... |
Pakistan: Gharibwal Cement to increase its capacity22 August 2016, Published under Cement NewsGharibwal Cement (GWLC) has announced plans to expand its clinker capacity by 8000tpd, translating into 2.4Mta. Along with the brown field expansion, the company will also install a waste heat recovery system and a new cement mill for this purpose. Work on this project will start during the current fiscal year. GWLC has also announced a contract to install vertical grinding mill with a capacity of 250tph, which will increase cement grinding capacity substantially a as well as raise effic... |
Pakistan: Gharibwal Cement industrial park04 August 2016, Published under Cement NewsGharibwal Cement Group and China International Trust and Investment Corporation (CITC) have signed a deal to set up an industrial park in Chunian Industrial Estate, Punjab. Chinese investors will establish factories in the 2000 acre industrial park. The project is expected to cost PKR20bn (US$191m). An official of Gharibwal Cement told CemNet that it is a partner in the project and will supply the cement. |
Gharibwal Cement sees strong rise in quarterly profit, Pakistan24 May 2013, Published under Cement NewsPakistan-based cement producer Gharibwal Cement Ltd reported a net profit of the company was PKR178m compared to PKR32.5m for the same period last year, thanks to an increase in sales volumes, net retention prices and cost control. Net sales of the company during the period were PKR1.77bn (US$18m) compared to PKR1.5bn during the same period of last year. Gross profit was PKR338m compared to PKR313m in the previous year, while the profit before tax was PKR188m against PKR47.8m in the compa... |