JAVEDAN CEMENT LIMITED KARACHI

May 09 - 15, 2005

Javedan Cement formerly Valika Cement is located in the North of Karachi, its installation work started in 1961 and completed in 1969. The installation was executed by expert engineering firms of Pakistan. M/s Krupp Polysius of West Germany supplied the machinery for the cement plant. The first production unit with a 500-tonnes/day capacity came into production in 1964. Subsequently another unit of 500-tonnes/day was commissioned in 1965 increasing the total production capacity of the cement plant to 1000 tonnes/day.

Under the Economic Reforms Order of 1972, the cement plant was nationalized. Javedan Cement Limited has a good reputation within the country on account of its better quality cement. Javedan Cement contributed in satisfying the cement demand of Karachi and its suburbs.

In view of the constant increase in demand of cement, the State Cement Corporation decided for expansion of the Javedan Cement to double its capacity. The expansion plant was based on the latest technology of cement manufacture involving suspension of preheater and short dry process kiln. This was the first ever dry process plant installed in Pakistan. Therefore, a team of engineers was trained on various aspects of the latest technology in the United States. The expansion project was completed and started production during 1979-80.

The process control of the new plant is based on computer and sophisticated electronic gadgets backed up by X-Ray Fluorescence Analyzer. With the help of computerization & process control a high quality cement is produced, which not only excels the local standard specifications, but also exceeds the international standard specification for cement.

Apart from production of ordinary Portland Cement, manufacturing of Blast Furnace Slag Cement was started in 1983 so that the consumers could benefit from a cheaper building material. Slag cement while having similar properties of ordinary Portland Cement is superior in resistance to sulphate attacks and saline water. Slag Cement has gained popularity particularly for its application in foundation, civil structures and masonry work.

Another breakthrough was made when manufacturing of Sulphate Resisting Cement was started in 1987. Raw materials available in the Quarry have been used in the manufacturing of SRC. Javedan Cement has thus been able to meet the demand of SRC of Karachi and its adjoining areas. Javedan Cement is the pioneer in manufacturing three types of cement in Pakistan.

Javedan Cement while satisfying part of the demand for cement in the country has contributed in providing job opportunities to over 800 families directly. There has been an indirect employment of a large number of people of Manghopir and adjoining areas as well. Thus Javedan Cement is playing its due role in nation building and uplift of the people.

It is worth mentioning here that Javedan Cement Ltd, the only operating unit under control of State Cement Corporation of Pakistan (Pvt) Ltd/Ministry of Industries & Production, Government of Pakistan, is performing very well which is indicative from its production and profit for the period of July, 2004 to March, 2005.

JCL has earned record pretext profit of Rs168.4 million during the first nine months of the current financial year compared to Rs70.7 million for the corresponding period of previous year. The higher profit is achieved due to high capacity utilization, good governance and effective management control. The company had produced 283589 metric tonnes of clinker, which is 35151 metric tonnes or 14.15 percent higher as compared to corresponding period of previous year. The cement production was 342230 metric tonnes, which is 313598 metric tonnes (9.13%) more as compared to same period last year. The company sold 340566 metric tonnes of cement, which is 20722 metric tonnes (6.48%) more as compared to same period last year.

The above results speak of better prospects for the company and result of hard work of its management and employees.