# Arif Habib Corporation to invest $11 million in Power Cement for plant upgrade

Arif Habib Corporation Ltd will make an additional investment of $11 million in Power Cement Ltd to install energy-efficient components. Power Cement is also expanding with a new 7700tpd line, with contracts signed with FLSmidth and Tianjin Electric Power Construction.

- Type: Investment
- Announced: 2018-09-05
- Where: Pakistan
- Value: $11.0M
- Status: announced
- Capacity: 7700tpd (2.5Mta) new line, total 3.4Mta
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Power Cement](https://endata.com/companies/21536.md)
- [FLSmidth](https://endata.com/companies/4673.md) (supplier)
- [Arif Habib Group](https://endata.com/companies/21535.md) (investor)
- [Tianjin Electric Power Construction](https://endata.com/companies/22953.md) (supplier)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/164838/power-cement-secures-investment-for-plant-upgrade.html), 2018-09-05: "PCL aims to install components/machinery to make its plant more energy efficient."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.