Fecto Cement plans greenfield project

Pakistan-based Fecto Cement Ltd has announced plans to construct a 6000tpd greenfield plant and a 9MW waste heat recovery (WHR) power plant in Palai, Khyber Pakhtunkhwa. The decision to expand was undertaken following the receipt of an exploration licence for limestone mining and to meet the growth in cement demand.

Elsewhere the company modified its Sangjani plant by replacing coal dosing equipment and the motors of both induced draught fans, which increased clinker production to 2760tpd from 2600tpd. This translated to a rise in cement production from 2730tpd to 2900tpd.

However, Fecto Cement’s profit after tax has taken a significant fall of 49.5 per cent YoY during the 1H18 period, decreasing to PKR227m (US$2m) from PKR449m. Net sales dropped 10.5 per cent YoY to PKR2.47bn from PKR2.76bn.