ISLAMABAD, July 9: Privatization Commission has invited expressions of interest (EoIs) for the sale of minimum of 90 per cent shares of Thatta Cement Company Limited ‘on as is where is basis’.

In an official announcement, the PC invited the prospective investors and business houses to submit their EoIs latest by August 6, 2002.

Thatta Cement Company Ltd. was incorporated in 1980 as a limited company under Companies Ordinance 1913, and is a wholly owned subsidiary of the State Cement Corporation of Pakistan (Pvt) Limited. The units is located at 115 km in the North East of Karachi at Makli Ghulamullah Road, District Thatta.

The plant is based on dry technology and has capacity of 1000 tons per day production. The entire plant and machinery was imported form Mitsubishi Corporation, Japan, while the slag- grinding mill has been supplied by HMC.

The plant started commercial production in December 1982, and is fully operative. Its main products include Ordinary Portland Cement, Slag Cement and Sulphate Cement while Lime Stone, Clay/ Shale, Iron Ore, Gypsum and Slag are the inputs and raw material.

The units is located on 236 acres of land consisting of factory, officer and workers colonies complete with all facilities along with 4725 acres of mining lease land (Quarry). A summary profile containing more detailed information about the unit can be had free of cost from PC upon request. Prospective bidders can visit the site on any working day during office hours on prior appointment with PC or MD, TCCL from July 10, 2002.