Gharibwal Cement Limited is implementing an expansion program to augment its capacity. Mr Shamail Javed, Chief Financial Officer (CFO) of the Company, disclosed it during a corporate briefing session of AKD Securities Ltd today.
New Production Line up to 10,000 TPD of clinker would be added in the capacity of the Company.
The company has signed a contract with FLSmidth for the Supply of Pyro Process System (CF Silo to Clinker Cooler) while other machinery companies are under discussion with Chines Company. Moving forward, it has established LC, and the shipment is expected to start around the end of FY 2022. Civil Work is expected to start soon, and the project timeline is around 2-years from the start of Civil Work.
Shamail is optimistic about the export to Afghanistan and India as soon as the opportunities are raised and India lifts the higher duty.