Bestway Cement announces to set up new plant

Bestway Cement announces to set up new plant

KARACHI: Bestway Cement Limited on Thursday announced to setup Greenfield cement plant with a capacity of 7,200 tonnes of clinker per day at Mianwali.

In a notice sent to Pakistan Stock Exchange (PSX), the company stated: “In view of increasing demand for cement in the country, Bestway Cement Limited has decided to set up a Greenfield cement plant with a capacity of 7,200 tonnes of clinker per day near Paikhel, District Mianwali along with 9MW waste heat recovery plant.

“To that end the company has entered into an agreement with Sinoma International Engineering Co., Limited, PR China for EPC.”

All necessary regulatory approvals and financial arrangements have been secured, the company said.

Leave a Reply

You have to agree to the comment policy.