Cement News tagged under: WHR

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Pakistan: Pioneer Cement starts its WHR plant in Punjab province

19 December 2016, Published under Cement News

Pioneer Cement Ltd has informed Pakistan Stock Exchange (PSX) that its 12MW Waste Heat Recovery power plant (WHRPP) has started operations on from 15 December at Jouharabad, Khushab district, in central Punjab province. It will impact positively on the financial results of the company in the years to come. The company is also in the final stages of selecting a of supplier for installation of a new production line having capacity of 7000tpd clinker at the existing site. The negotiations a...

Pakistan: Pioneer Cement sets up 12MW WHR plant

23 June 2016, Published under Cement News

Pioneer Cement Ltd (PIOC) has signed an agreement with CITIC industries for a 12MW Waste Heat Recovery System (WHR) at its plant, Chenki district, Khushab on the banks of Jhelum River in Punjab province of Pakistan. The cost of the project is PKR1.5bn (US$14.32m) and will come on stream FY19. The plant is expected to meet about 38 per cent of the company’s total electricity requirement.

Pakistan: Dewan Cement restructuring debt

22 June 2015, Published under Cement News

Dewan Cement Ltd (DCL) has taken steps to ease debt burden and improve production efficiency. According to a local brokerage house, the company has taken the first step in converting its debt amounting PKR450m into equity by issuing 45m shares and is planning to further convert debt amounting to PKR500m into 50m shares to its director. This will lower Dewan's financial leverage thereby helping it obtain a loan to meet its working capital requirements. Moreover, management intends to resch...

Najran to connect WHR unit, Saudi Arabia

09 September 2013, Published under Cement News

Najran Cement has extended the maintenance period of line No 2 so it can connect the production line to its waste heat recovery (WHR) plant currently under construction, the company said in a bourse statement yesterday. The maintenance was scheduled to be completed by 6 September but the company decided to extend it to 10 September 2013 to link production line 2 to the WHR power plant currently being carried out by China's Sinoma Energy Conservation. The US$45m WHR project, to be complet...