British Bestway Group and Shanghai Triumph Energy Conservation Sign Agreement on Waste Heat Power Generation Project of Pakistan Cement Plant

2015-12-01 10:14:56

From November 10 to 16, Ghulam Sarwar Malik, General Manager of Bestway Group, UK, and a group of 8 people paid a 7-day visit to Shanghai Triumph Energy Conservation. During this period, the two sides signed a cooperation agreement on the 12 MW waste heat power generation project of Pakistan Pakcem Cement Plant under Bestway Group.

   From November 10 to 16, Ghulam Sarwar Malik, General Manager of Bestway Group, UK, and a group of 8 people paid a 7-day visit to Shanghai Triumph Energy Conservation. During this period, the two sides signed a cooperation agreement on the 12 MW waste heat power generation project of Pakistan Pakcem Cement Plant under Bestway Group.

   During the visit, the Technical Delegate of Pakcem Cement Plant and the relevant designers of Triumph held a technical meeting to discuss the preliminary design of the project and reached a consensus. During the signing ceremony, Sun Jianan, executive vice president of China Building Materials Engineering, focused on the development of Triumph Glass, Triumph Photovoltaic, Triumph Materials, Triumph Equipment and Triumph Engineering. Ghulam Sarwar Malik expressed his congratulations on the outstanding achievements made by China Building Material Engineering. He said that the Pakcem waste heat power generation project is the first cooperation between Bestway Group and Triumph Energy Saving. He hoped that the project could be completed on schedule with quality and quantity guaranteed.

   Bestway Group is a comprehensive group spanning cement manufacturing, finance, transportation and service industries. Its cement plant invested in Pakistan has an annual production capacity of more than 6 million tons. It is currently the largest cement producer in Pakistan, and has always maintained the first position in cement exports to Afghanistan and India.

   Muhammad Irfan Anwar Sheikh, Chief Financial Officer of Bestway Group, Mahmood Afzal, Chief Technical Officer of Bestway Group, and Ahmed Faisal Khatlani, Chief Technical Engineer of Bestway Group accompanied the visitors.


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From November 10 to 16, Ghulam Sarwar Malik, General Manager of Bestway Group, UK, and a group of 8 people paid a 7-day visit to Shanghai Triumph Energy Conservation. During this period, the two sides signed a cooperation agreement on the 12 MW waste heat power generation project of Pakistan Pakcem Cement Plant under Bestway Group.

2015-12-01 10:14:56

More vigilance is that capacity replenishment is essentially a reinvestment behavior, for cement enterprises, as soon as possible to recover investment costs is the core demand, which means that the probability of enterprises will significantly increase capacity utilization next year. For enterprises with no overproduction space and no capacity to supplement, they can only produce in strict accordance with the approved capacity. It is difficult to reconcile the uneven and "unfair" contradictions at the operational level, which will further aggravate the instability of the cement market next year. It can be predicted that after this round of supplementary production, a new round of market competition in the cement industry will begin.