Bestway Cement to setup Brownfield plant on rising domestic demand

News Image

By MG News | October 25, 2021 at 09:54 AM GMT+05:00

0:00

October 25, 2021 (MLN):  In view of increasing demand for cement in the country, Bestway Cement Limited has decided to set up a Brownfield cement plant with a capacity of 7,200 tonnes of clinker per day at its Hattar site in District Haripur, Khyber Pakhtunkhwa along with 9 MW Waste Heat Recovery Plant.

To that end, the company has entered into an agreement with Sinoma International Engineering Co., Limited, PR China for EPC, the notice issued on Friday said.

The Company has also decided to set up a 6.4 MW off-grid solar power plant at the same site for which an agreement has been entered into with Reon Energy.

All necessary regulatory approvals and financial arrangements have been secured, the notice added.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,344.03
345.79M
1.67%
2144.61
ALLSHR 81,023.99
1,021.87M
1.55%
1236.37
KSE30 39,908.26
141.62M
2.05%
803.27
KMI30 189,535.00
150.29M
1.40%
2619.39
KMIALLSHR 54,783.66
508.76M
1.07%
581.78
BKTi 34,940.73
55.86M
4.37%
1464.05
OGTi 28,296.06
16.02M
1.19%
333.47
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,290.00 110,105.00
109,205.00
-995.00
-0.90%
BRENT CRUDE 68.60 69.00
68.41
-0.51
-0.74%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 109.20 110.00
108.25
1.70
1.58%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.97 67.50
66.78
-0.48
-0.71%
SUGAR #11 WORLD 15.56 15.97
15.44
-0.14
-0.89%

Chart of the Day


Latest News
July 03, 2025 at 06:01 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 02, 2025 at 11:05 PM GMT+05:00

Cement sales flat in FY25


July 02, 2025 at 10:50 PM GMT+05:00

SBP reserves cross $14bn mark in FY25


July 02, 2025 at 05:29 PM GMT+05:00

CDNS revises profit rates on savings schemes



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg