Cement News tagged under: Thatta Cement
Thatta Cement to construct grinding plant in Sri Lanka05 April 2013, Published under Cement NewsPakistan-based Thatta Cement Company Limited (TCCL) has signed an agreement with Sri Lanka Ports Authority (SLPA) for the construction of a grinding plant as well as a storage and bagging facility. The SLPA had signed a preliminary agreement with Thatta Cement back in January 2012 and now a formal agreement with the Sri Lankan government has been signed for the implementation of the project. The grinding plant will initially produce 100,000tpa which is expected to be increased in the f... |
Thatta Cement majority shareholder shares stake to consortium11 March 2013, Published under Cement NewsThe majority shareholder of Thatta Cement, Pakistan, has sold its stake to a consortium of four private companies. In an announcement sent to the Karachi Stock Exchange last week, Arib Habib Corp (AHC), along with its subsidiaries, said it has sold its 61 per cent holding in Thatta Cement to the consortium PKR24.16/share. The total value of the transaction is approximately PKR1.46n (US$14.75m). Two private buyers companies, Sky Pak Holding and Al-Miftah Holdings each bought 22.7 per cen... |
Thatta’s Cement announces modernisation project, Pakistan22 January 2013, Published under Cement NewsPakistan cement producer Thatta Cement Company’s announced that its board of directors has approved a plan to improve production efficiency at its cement works through a ‘Balancing Modernisation and Rehabilitation’ (BMR) programme. The BMR project will take about 18-24 months to execute from the date of equipment order, CemNet News has learnt. Thatta’s cement works is located 115km northeast of Karachi, in Makli, Thatta District. The plant was commissioned in 1982 and based on dry-proc... |
Pakistan: Thatta Cement captive power plant comes online24 December 2012, Published under Cement NewsPakistan cement manufacturer, Thatta Cement Company Limited (TCCL), has informed Karachi Stock Exchange (KSE) recently that its subsidiary, Thatta Power Limited (TPPL), has successfully started its captive power plant’s commercial production of power. TPPL has already contributed 13MW to Hyderabad Electric Supply Company Ltd (HESCO). Muhammad Taha Hamdani, CFO & Company Secretary, Thatta Cement Company, informed CemNet that apart from supplying electricity to the power utility, TCCL will al... |
Oracle signs MoU with Thatta for coal supply, Pakistan12 November 2012, Published under Cement NewsOracle Coalfields PLC, the UK coal developer of a lignite mineral property located in the southeastern desert of the Sindh Province, Pakistan, signed a Memorandum of Understanding (MoU) with Thatta Cement Company Ltd for the proposed supply of coal from the mine that Oracle is developing in Block VI of the Thar Coalfield. The MoU, which is between Oracle’s 80 per cent-owned subsidiary Sindh Carbon Energy Limited and Thatta, will see Oracle supply dried coal to Thatta’s cement works. The rep... |