Cherat Cement announced expansion plan

Cherat Cement, on Monday, announced it would install a third cement production line at its existing site in Nowshera. Cement manufacturers are announcing expansion plans in the wake of growing cement demand.

CPEC is expected to generate additional cement demand of 1.5-3 million tons per annum

The new plant is expected to have an annual production capacity of 2.1 million tons, taking the company’s total output to 4.5 million tons a year. The company’s total production capacity is about 10% of the current installed production capacity in Pakistan.

The company was already working on its second production line, expected to have capacity 1.3 million tons. This plant is expected to come online in the second half of fiscal year 2016-17.

Cherat Cement Company Limited (CHCC) was established in 1981. CHCC started manufacturing, marketing and sale of Ordinary Portland Cement in 1985. At that time, the company had the production capacity of 1,100 tons per day, which was increased to 3,300 tons per day in 2005 after subsequent up gradations earlier.

The company supplies cement to the northern block; Punjab, KP, FATA and adjoining areas and exports its cement to Afghanistan and Indian Punjab. The company’s plant is strategically located, about 52 kilometers away from Peshawar, near the Pak Afghan border and this proximity to the border allows for lower distribution costs than its competitors.

Cherat Cement’s latest expansion plan will be entirely financed by debt, costing close to Rs13 billion, according to JS Research. This production line may become operational by year 2020. The company also intends to bring another Waste Heat Recovery along with the new line, according to the JS Research report.

The establishment of its first Waste Heat Recovery (WHR) in 2010, a Tyre Derived Fuel Processing Plant in 2012 and a Refuse Derived Fuel Processing Plant in 2013 helped company achieve fuel efficiency—now company is deriving more than one-third of its energy free of costs.                                                                                                            

Growing international demand for Paksitani halal food

Keeping in view the growing international halal food market, Fauji meat limited has set up 75 million USD halal abattoir and meat processing plant, in Karachi.  This 47 acre spread facility has daily production capacity of 100 ton meat, of which 85 tons would be beef, in both chilled and frozen categories.

Halal food is the one which is prepared and is hygienic, in accordance with the principles of Sharia.

The demand for halal products is growing at a 10.8% annually, and is expected to reach 3.7 trillion dollars till 2019. Halal food makes up the largest share of this halal products industry.

Pakistan, is ideally located, to take benefit of this opportunity as consumers in gulf countries have huge liking for Pakistani halal stuff, especially the meat.

With 2nd largest buffalo and 8th largest cattle herd, Pakistan is endowed with valuable live stock. In mutton category Pakistan has 4th largest goat herd and has 9th largest number of sheep in the world. India, situated at the border, has earned more than 4.7 billion dollars from exports of buffalo meat in the fiscal year ended in 2015.

FPCCI president Abdul Rauf Alam, while talking to a private newpaper, said that world leading suppliers for halal products including high quality meat, poultry, dairy products and other foods are Australia, Brazil, Canada, Indonesia, India, Malaysia, Philippines,  Thiland, New Zealand and United States. He further added that USA and Australia are biggest halal beef exporter while Brazil and France are the largest halal poultry meat exporter in the Middle East.

Thailand has become 5th largest global halal food producer.

With more than 700 billion dollar market size halal food is expected to attract 2 billion consumers, both Muslim and non-Muslim.

Global market size for halal food is more than 700 billion U.S. dollars

Businesses around the world have started producing halal food to reduce costs. The daily Mail online in this report said that many major Supermarket chains and restaurants, in U.K., sell halal meat to keep their costs low as it can be eaten by both Muslims and non-Muslims alike

Fauji meat is eyeing lucrative foreign markets but equally important is to market these branded and packaged products to domestic consumer as well. This will not only be good for Fuji meat in long term but also for Pakistan’s halal meat industry.

8 surprising benefits of getting up early

"The sun has not caught me in bed in fifty years”
President Thomas Jefferson.

"The early morning has gold in its mouth" Benjamin Franklin

Many successful people term their habit of waking up early as their secret to success. Successful investors also use early morning to know about news, which may affect their holdings. Moreover, it helps them analyze international events as well.

Rich and famous like Richard Branson, Donald Trump and many other billionaires start their day before the sun rises. There are numerous benefits of being an early morning person, some of which are:-

1.    Better Grades

A study at Texas University has shown that students who got up early in the morning had an average grade point average that is full point higher than that of evening types.

2.    Business success

Getting out of bed at an early hour can give a boost to your business career

“When it comes to business success, morning people hold the important cards," says Christoph Randler, a biology professor at the University of Education in Heidelberg, Germany. He told the Harvard Business Review of his research, some of which originally appeared in the Journal of Applied Social Psychology. "[T]hey tend to get better grades in school, which gets them into better colleges, which then leads to better job opportunities."

This can have major impact on their earning in future as the market is getting competitive.

Know why Richard Branson gets up early

3.    More proactive

 “Morning people (also) anticipate problems (well) and try to minimize them. They're proactive” says Randler.

 They are more proactive as compared to night owls.

4.    More will power

Studies have shown that will power is a finite source and it is highest in morning.  You can use it for important task because as you use up your will power on a certain task, the less you’ll have to go around for other tasks.

5.    Productivity

A new report published in the Wall Street Journal says that 4 a.m. may be the most productive time of the day. This information means that you can use early mornings to boost your productivity.

6.    Happier and more optimistic

Other studies have proved that morning people are happier, and are more optimistic.

7.    Regular exercise

Larks are more consistent with their exercise. Being proactive helps them, focus on activities which are beneficial in the long run.

8.    Good night sleep

More sunlight exposure helps you enjoy better quality sleep in night. A research showed that workers with windows received 173 percent more natural white light exposure during work hours and slept an average of 46 minutes more per night.

By getting up early you can receive more sunlight and can enhance your sleep quality.