Cement News tagged under: Zeal Pak Cement
Zeal Pak Cement of Pakistan struggles to survive15 January 2020, Published under Cement NewsPakistan oldest cement factory, Zeal Pak Cement Ltd, has informed Pakistan Stock Exchange (PSX) last week about management efforts to make it a viable plant. To date it has been running losses due to number of factors, including the old technology. According to Masood ul Hassan, group general manager of the company, said the management is running the factory at a continuous loss and only for its survival to provide employment. The company is facing a huge financial crisis. Established i... |
Majority stake in Zeal Pak Cement to be sold, Pakistan21 February 2013, Published under Cement NewsThe majority shareholder of Pakistan cement manufacturer Zeal Pak Cement, Sardar Mohammad Ashraf D Baluch (Pvt) Ltd, plans to its 64 per cent controlling stake in the company. Zeal Pak’s plant, located in Hyderabad, Sindh province, is a wet-process plant with a capacity of 3000tpd. A company official told CemNet News that the owner also wants to sell Zeal Pak Cement Factory’s paper sack division, which has a capacity of 120,000 bags per day. The slag division of Zeal Pak Cement Factory is ... |
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