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Fauji Cement’s production plant collapses

byCT Report
31/05/2016
in Business
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KARACHI: The Fauji Cement’s Clinker Silo Plant has suddenly collapsed, which has damaged the company’s production line.

According to the company’s notification to Pakistan Stock Exchange (PSX), Fauji Cement Company Limited (FCCL) has reported that there has been an incident at its plant which has damaged the company’s line 2 production. The Raw Meal Silo of FCCL, containing 25,000 tonnes of raw materials, has collapsed, damaging the coal mill area of Line 2.

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Although it is too early to give an accurate assessment, the company’s line 2 having 7,200 tonnes per day of clinker capacity will remain nonoperational for approximately five to six months, according to the company. This translates into temporary cement production loss of around 1.36 million tonnes based on six-month assumption, an analyst estimates.

As per the notice, the company is in the process of starting up its production line 1 (old line) which has 3,700 tonnes per day (1.1 million tonnes per annum) of clinker capacity.

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