May 7, 2006	Sunday	Rabi-us-Sani 8, 1427

ISLAMABAD, May 6: The Privatisation Commission (PC) has received 19 Expressions of Interest (EoIs) for acquiring 90 per cent shares of Heavy Mechanical Complex (HMC) with management control on an “as is where is” basis.

According to a PC handout issued here on Saturday following parties had submitted EoIs (i) ABM International (ii) Aqeel Karim Dhedhi Securities (iii) Bulk Management (Pakistan) Private Limited (iv) CSK Limited (v) Descon Engineering Limited (vi) Dewan Mushtaq Group (vii) Gharibwal Cement Limited (viii) Ittehad Steel Industries (ix) Kohat Cement Company Ltd (x) MCC Resources Development Company (Pvt) Ltd (xi) Niagara Mills (Pvt) Ltd (xii) Pak Gulf Construction (Pvt) Ltd (xiii) Shinsei Sangyo Co Ltd (xiv) Start Consult (xv) Shafi Associates (xvi) Sapphire Group (xvii) Techno Engineering Services (Pvt) Limited (xviii) Thal Industries Corporation Limited and (xix) Umer Group of Companies.

The HMC is country’s heavy engineering concern having capability for designing, engineering and manufacturing of capital machinery, industrial plant equipment and other engineering goods. It is located in the prime industrial hub at Taxila.

The mechanical works commenced commercial operations in 1971 whereas foundry and forge works started production in 1978. Both the works were, however, merged in 1989. The facilities include fabrication, machining, foundries, forging and heat treatment, galvanising and auxiliary shops.

A well-established design centre with CAD/CAE facilities is also available. The products of HMC conform to international quality standards.

The HMC has been authorised to use four ASME stamp codes for boilers, pressure vessels, piping etc. The company is ISO-9001 certified.

The company’s product mix covers sugar and cement plants, chemical/petroleum, oil/gas processing plants, thermal power plant equipment, mini and micro hydel power plant equipment, road construction vessels, heat exchangers, heavy to medium electric travelling cranes, boilers, pressure vessels, heat exchangers, heavy to medium iron and steel castings, steel billets, heavy to medium free well as closed die forgings.