Page 51 - CCL AR 2017 Final
P. 51

Occupational Safety and Health                     FORWARD LOOKING STATEMENT
             We manage and utilize resources and operations in   There has been an improvement in the business
             such a way that the safety and health of our people in   climate in the country, mainly due to the improved
             ensured.  We believe our safety and health         law and order condition, which is reflected from the
             responsibilities extend beyond protection and      performance of the industrial sector. This has also
             enhancement of our own facilities. We have a highly   been acknowledged by leading rating agencies and
             trained  safety team, emergency response  team, a   international  financial institutions.  The cement
             qualified doctor and paramedical staff at our plant.   industry is benefiting from stable economic outlook,
             Our workers are sufficiently trained through fire &   low interest rates and greater outlay of PSDP by the
             safety trainings and are also adequately equipped   government for constructing highways, dams, energy
             with Personal Protection Equipment. In addition, the   and housing projects. During the year, the local
             factory is provided with dedicated safety van, fully   cement  demand  grew  by  an  impressive  8%.  The
             equipped ambulance and an in-house dispensary.     demand for cement is also expected to get a major
                                                                boost from projects under China-Pakistan Economic
             Environment Protection Measures                    Corridor.  Greater  spending  by  the private  sector is
             The Company’s aim in respect of environment is to   also witnessed particularly in construction, which is
             reduce all adverse environmental aspects arising out   fueling the demand for cement. This Government is
             of our operations. For this purpose we have complied   mainly focussing on infrastructure projects. Next year
             with the international standard of environmental    being an election year we expect this momentum to
             management system ISO 14001 and NEQ standards.     continue especially  in  view  of improved  law and
             The installation of  WHR plant has also helped     order. It is, therefore, expected that the domestic
             improve the environment in the areas surrounding the   demand shall increase considerably and play a vital
             factory.                                           role in higher cement dispatches in both the medium
                                                                and  long-term. Following the enhancement of
             In order to meet the purpose, our plant is equipped   production capacity, the Company is very well
             with Electrostatic Precipitators which controls dust   positioned to take maximum benefit from additional
             and gas emissions. Further, to improve the         industry demand. The  Company has also decided to
             environment, natural tree plantation on large scale   further increase its capacity by installing another line at
             has been done in and around the factory premises.  existing location. For this an LC has already been
                                                                established during the year. This enhancement  will not
             Steps to Mitigate Effects of Industrial Effluents  only increase the domestic market share but will also
                                                                allow it to achieve greater efficiencies and better
             Safe and healthy environment has always been the   allocation of fixed costs.
             priority of the management of the Company. This
             mainly includes a healthy environment for employees
             and surrounding communities. In addition, the
             Company is in compliance of NEQ standards and also
             has acquired international certification of ISO 14001
             :  2004. Management is fully aware of its
             responsibilities in  this regards  and environment
             protection policy is already in place. Employees are
             given proper training and measures like EP and WHR
             have already been implemented.












                                                                Certain capacities are expected to come in second half
                                                                of next financial year but in view of the strong local
                                                                demand and the fact that they will operate partially, we
                                                                hope that there will not be any major issue next year.
                                                                However, keeping in view the announced capacities
                                                                which will come subsequent to next year, it is critical
                                                                that demand also remains strong to avoid any big
                                                                mismatch between demand and supply.

                                                                Cement industry exports declined by 21%.  We are
                                                                expecting some stability in next year in this area.






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                                                                                                    Annual
                                                                                                    Report 2017
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