Displaying items by tag: Cherat

Pakistan: Cherat Cement’s turnover grew by 35% to US$45.6m in the half year to 31 December 2019 from US$61.6m in the same period in 2018. However, its operating profit more than halved to US$2.4m from US$6.2m due to a 50% increase in its cost of sales.

Pakistan: Cherat Cement’s turnover grew slightly to US$78.8m in the nine months to 31 March 2019. Its net profit rose by 25% to US$15.9m from US$12.7m. Third quarter turnover and net profit grew faster in the third quarter.

Pakistan: Belorussian company Belaz has sold a dump truck to Pakistan for the first time. The 45t vehicle will be used to transport of gypsum and clay to a plant owned by Cherat Cement, according to the Dawn newspaper. It has been supplied via the distribution company Greaves. The cement producer plans to buy up to 15 such vehicles in the current year.

Pakistan: A slowdown in construction activity has reduced Cherat Cement’s sales. Its local cement sales volumes fell by 12% year-on-year to 0.90Mt in the half-year to 31 December 2018 from 1.03Mt in the same period in 2017. Its exports declined by 23% to 0.18Mt from 0.23Mt. The cement producer’s net turnover decreased by 7% to US$50.3m from US$54.3m. Its net profit fell by 24% to US$7.35m from US$9.65m. The cement producer noted that the price of coal had risen.

Cherat Cement said that it had commissioned a third line at its integrated plant during the reporting period. The new line has a clinker production capacity of 6700t/day and it includes a waste heat recovery unit. Following the upgrade, Cherat Cement’s plant has a production capacity of 4.5Mt/yr. The company also installed Wartsila dual fuel engines. These generators have been ordered in anticipation of the completion of new gas pipeline to the plant.

Pakistan: Cherat Cement’s turnover fell by 7% year-on-year to US$50.3m in the six months to 31 December 2018 from US$54.2m in the same period in 2017. Its operating profit dropped by 38% to US$6.8m from US$10.9m.

Pakistan: Cherat Packaging, a producer and supplier of packaging to the cement industry, and Austria’s Mondi have made over half-a-billion cement bags since 2002. The local bag manufacturer has a bag production capacity of 600m/yr. It holds country-specific exclusive rights to use Mondi’s brown sack kraft paper to produce cement bags and has bought only Mondi paper for its use in the last 15 years.

“The bags had to be suitable for rough handling and fast, dust-free filling, and we wanted to deliver further benefits, such as material and cost savings. Mondi’s Advantage Select paper was the perfect choice. The 80/85gsm variant has revolutionised paper bag sales in Asia as it has provided us as well as our customers with high quality, low cost solutions. It has allowed us to use two plies instead of three and to dispense with perforation, which has significantly reduced paper consumption and dust at our clients’ premises. The bags are lighter, yet stronger than the previous three-ply versions,” said Amer Faruque, the chief executive officer (CEO) of Cherat Packaging.

The company’s paper division has exclusive rights from Mondi for procurement of sack kraft paper in Pakistan and supplies two-ply 80/75gsm 50kg bag to Cherat Cement, a sister subsidiary within the Ghulam Faruque Group. In October 2017 Cherat Packaging commissioned a Windmuller & Holscher universal paper sack line.

Pakistan: Cherat Cement has contracted Finland’s Wärtsilä to increase its power output at its Nowshera plant. It has ordered three Wärtsilä 34DF dual-fuel engines capable of operating on both natural gas and heavy fuel oil (HFO). The total electrical output will be approximately 29MW. Wärtsilä will also provide advisors to oversee the installation and commissioning of the engines.

“We need to enlarge our facilities and this we must to do quickly on a tight schedule. Wärtsilä has supported this timetable by agreeing to deliver their generating sets on a very short timetable…” said Azam Faruque, chief executive officer of Cherat Cement. The Nowshera cement plant is also powered by Wärtsilä equipment, consisting of four Wärtsilä 32 engines.

The new generators are scheduled for delivery in March 2018 and the plant is expected to be fully operational by June 2018.

India/Pakistan: Gebr. Pfeiffer has released information about orders for its mills for projects in India and Pakistan. In India Wonder Cement has ordered a MVR 6000 C-6 vertical roller mill from the company for its Nimbahera cement plant in Chittorgarh, Rajasthan. The mill will have a 5820kW drive and it will grind cement to a fineness of 4500 cm²/g according to Blaine. The mill can also be used to grind blended cement using slag, fly ash and gypsum.

Core components of the mill, including the rollers, will be supplied from Europe. The mill foundation parts, the housing and the integrated SLS 5600 BC classifier will be provided by Gebr. Pfeiffer India. Delivery of the mill is scheduled by the end of 2017.

In Pakistan Cherat Cement have ordered a MVR 6300 C-6 mill from Gebr. Pfeiffer for its cement plant in Cherat. The mill will grind 365t/hr of Ordinary Portland Cement to a fineness of 3200cm²/g according to Blaine. The MultiDrive will have a total output of 7800kW. Delivery is scheuled for 2018.

No price for any of the orders has been disclosed.

Pakistan: Cherat Cement has announced plants to build a third production line at its plant at Nowshera in Khyber-Pakhtunkhwa province. The new line will have a cement production capacity of 7100t/day, according to the Express Tribune newspaper. The upgrade will increase the company’s production capacity to 4.5Mt/yr.

The cement producer opened at second production line at the site in late 2016. It is also planning to build a waste heat recovery unit.

Pakistan: A second 4500t/day production line at the Cherat Cement plant started production on 31 October 2016. Construction of the new line started in 2014, a senior manager at the plant told the News International newspaper. The plant’s first production line, with a production capacity of 3200t/day, opened in 1985. Altogether the plant employs 1000 workers.