Fauji Cement inaugurates WHR project, Pakistan

Fauji Cement Company Ltd (FCCL) has inaugurated a 12MW waste heat power project at its factory in Jhang Bahater, Attock district of Pakistan.

Sinoma Energy Conservation of China commissioned the project at an estimated cost of PKR 1.7bn (US$16.7m) in 14 months.

The WHR unit was completed in April 2015 and has been on trial generation. The company reports that its benefits will start accruing in the final quarter of FY14-15.

Present at the official launch ceremony last week were Khalid Nawaz Khan HI (M), managing director of Fauji Foundation and Hu Ye Ming, president of Sinoma Energy Conservation.

The WHR plant reflects Fauji Foundation and FCCL’s the commitment to play a proactive role in promoting sustainable development. During his address at the inauguration, Mr Khan said that as well as generating electricity, the plant would also eliminate 32,000t of GHG emissions.

FCCL third-quarter update
In the third quarter of the current fiscal, FCCL earned a net profit of PKR982m (US$9.6m) compared to PKR745m in the same period of last year.

The company achieved a capacity utilisation rate of 72 per cent versus 69 per cent in 3QFY13-14. Local dispatches increased by 7.1 per cent to 557,260t in 3QFY14-15 against 520,326t in the corresponding quarter of last year. However, exports fell by 25 per cent to 56,595t versus 75,303t in the year-ago period.