KARACHI: The eight brownfield cement projects with a total capacity of 18.8Mta are at various stages of completion and scheduled to be commissioned between June 2019 and June 2020 at an estimated cost of over PKR159bn (US$1.37bn) in Pakistan, according to a research house report.
So far, all the projects have completed, on average, at least 46 percent of their construction.
China-based Sinoma is currently building a 1.9Mta plant for Bestway Cement at a cost of PKR18.9bn and about 55 percent of the work has been carried out to date.
Sinoma is also constructing Pioneer Cement’s 2.5Mta plant at a cost of PKR19.89bn. Approximately, 42 percent of this project has been completed.
Meanwhile, a 2.5Mta plant for Gharibwal Cement is being built by another Chinese company, CTIC, at a cost of PKR19.89bn. Some 12 percent of the work has been carried out.
Denmark-based FLSmidth is adding 2.3Mta of capacity to Maple Leaf Cement. The PKR23bn project has been completed for around 51 percent.
FLSmidth is also building Power Cement’s 2.4Mta plant at a cost of PKR24.26 bn with completion at the 34 percent mark.
In addition, Lucky Cement’s 2.6Mta project is being brought forward and is estimated to cost PKR17.5bn.
Meanwhile, Cherat Cement’s 2.1Mta plant is being built at a cost of PKR16.81bn. About 48 percent of work has been completed.
Kohat Cement is investing PKR18.47bn in a 2.3Mta plant, for which seven percent of the work has been carried out.
As of 2018, Pakistan has a total production capacity of 49.44Mta of cement.