Dewan Cement in sweet spot to gain cement share of Bhasha dam

KARACHI: Dewan Cement Limited (DCL), a renowned cement manufacturer of the country, eyes on the rising cement demand in Pakistan in general and on the construction of Diamer-Bhasha Dam which is approved by the federal government, the company said in a statement here on Monday.

The statement said the construction of Diamer-Bhasha Dam with an estimated cost of Rs474 billion would approximately boost cement’s five-million tons per annum demand in Pakistan.

Taking benefit of being the geographically closest cement manufacturing plant in Kamilpur Hattar Industrial Estate, a district of Khyber Pakhtunkhwa of Bhasha Dam, the company shall get the biggest share or produce cement according to their required specifications of the dam, it said.

DCL has a capacity of around 2.94 million tons of cement in the Northern and Southern parts of the country, is on track to get shares from the required five-million tons per annum for Bhasha Dam, the company’s statement said.

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The government’s multi-billion-rupee project would likely generate a demand of 20-25 million tons of cement for the next four to five years.

Earlier, the Prime Minister of Pakistan had given the final go-ahead for the construction of Diamer-Bhasha Dam at an estimated cost of Rs474 billion aimed at increasing the country’s depleting water storage capacity. The dam will have a 6.4 million acres feet live storage capacity and an installed power capacity of 4,500 megawatts.

Dewan Cement Ltd is an ISO 9001/2008 certified cement manufacturing company and a trusted name in the production of high-quality cement. DCL has a capacity to generate more than 2.94 million tons per annum from two separate manufacturing units, comprising Karachi’s plant in the South and the Hattar factory in the North.

The company exports cement to countries across the globe, such as India, Sri Lanka, the United Arab Emirates, Qatar, Kuwait, Iraq, Yemen, Sudan, Djibouti, Tanzania, Kenya, Madagascar, Mozambique, Seychelles, Comoros Island and Lesotho.

According to a new research, the demand of the quality cement in India, Vietnam and Bangladesh is going to rise and Pakistani cement manufacturers including DCL will be able to enhance their exports to these countries through land routes. Meanwhile, Dewan Cement is also looking to increase their exports to East Africa in general and Uganda and Tanzania in particular.

There is likely to be greater potential for the export of Pakistani clinker to China as China has curtailed cement production due to environmental concerns.

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