Mustehkam Cement is owned by Bestway Cement Group. Bestway decided to bid for 85.29% of equity of Mustehkam Cement Limited a 0.6 million tonnes per annum capacity plant, following an offering by the Privatisation Commission, Government of Pakistan. The company’s bid of approximately US$70.0 million was accepted in September 2005. Mustehkam’s plant is in close vicinity of our existing operations in Hattar, District Haripur, NWFP. Though the production of the enterprise had been discontinued in 1999, due to the hard work and dedication of our local staff and management, Mustehkam started production in December 2005 – one month after acquisition.
Mustehkam Cement has a glorious past with the company winning best performance awards from the local stock exchanges. Through increased investments in capacity and plant upgradation Bestway seeks to return past glory to Mustehkam Cement.
Recently, Bestway has embarked upon a major upgradation and modernization of Mustehkam. In the initial phase, one of the process lines at Mustehkam is being upgraded to a capacity of 0.9 million tonnes per annum at an estimated cost of US Dollars 50 million. This enhancement is being carried out mainly with the assistance of FL Smidth and will take the total production capacity at Mustehkam to above 1.2 million tonnes per annum of clinker. Planning is already in progress to upgrade and enhance the remaining production lines also.
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