30 May Material Information/Occurrence of an accident
This is to inform you that an accident occurred at Fauji Cement Company Limited Plant on 29th May 2016 (Sunday). The Raw Meal Silo structure which contains about 25,000 tons of raw material collapsed and it has also damaged the coal Mill area of Line 2. Since this is only a preliminary assessment therefore as of now the 7200 TPD Line 2 will be shut down and remain so for approximately 5-6 months, however dispatches out of stock will continue as cement mills are operating normally.
It is too early to give an accurate assessment however the process of evaluation and cleaning the area is in progress and the members will be updated about the precise timeline of start up as soon as possible.
Line 1 of 3700 TPD is already under planned maintenance due to sufficient clinker stocks and is expected to be operational soon which will help the company to continue its dispatches in the market however at a lower rate.