In November 2004, the OCI Cement Group finalized negotiations for the acquisition of a controlling 51% stake in Pakistan Cement Company (PCC), formerly named Chakwal Cement Company, in Pakistan. Formal completion of the acquisition was completed in March 2005. In July 2005, OCI received regulatory approval to raise its stake in Pakistan Cement Company to 60.6%.
Chakwal Cement Company was originally formed in 1993 but was unable to raise the additional financing necessary to complete the construction of its production plant. The renamed Pakistan Cement Company currently owns the property and equipment for a cement plant capable of producing 2.2 million tons annually. The production equipment for a single dry process cement plant was supplied by F. L. Smidth in 1995. The cement plant is located along the Lahore-Islamabad highway in the Punjab Province of northern Pakistan, some 80 kilometers south of Islamabad.
Construction work necessary to complete the cement plant is expected to take 15 months. Upon completion, Pakistan Cement Company will be the largest cement producer in Pakistan.
Chakwal Cement Company was originally formed in 1993 but was unable to raise the additional financing necessary to complete the construction of its production plant. The renamed Pakistan Cement Company currently owns the property and equipment for a cement plant capable of producing 2.2 million tons annually. The production equipment for a single dry process cement plant was supplied by F. L. Smidth in 1995. The cement plant is located along the Lahore-Islamabad highway in the Punjab Province of northern Pakistan, some 80 kilometers south of Islamabad.
Construction work necessary to complete the cement plant is expected to take 15 months. Upon completion, Pakistan Cement Company will be the largest cement producer in Pakistan.
| Company Name | Pakistan Cement Company Limited |
|---|---|
| Business Type | Manufacturer |
| Main Products | Equipment |
| City | Islamabad |
| Province/State | Punjab |
| Country/Region | Pakistan |
| Gender | Mr. |
| Job Title | Purchasing |
| Telephone | 9***********1 View all, please login |
| Fax | 92-51-2878456 |
| Street Address | 3rd Floor, Hbl Tower, Jinnah Avenue, Islamabad |
| Zip Code | 46000 |
| sell123 URL | http://www.sell123.org/company/Pakistan/1502857.htm |
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