Lhaki Cement

NAME OF COMPANY: LHAKI CEMENT

ACTIVITY:    MANUFACTURING OF CEMENT

HISTORY: The 1970′s ……A season of change for everyone.  Gigantic shifts in the global economy, technology, education and the market place prompted an otherwise fiercely independent nation to open its doors to the outside world.  Bhutan, the Land of the Thunder Dragon broke from its traditional isolation to become a member of the United Nations in 1971.

Under the leadership of His Majesty, the King of Bhutan, Jigme Dorji Wangchuk and thereafter of his son- His Majesty, the King of Bhutan, Jigme Singye Wangchuk, with his dynamic and farsighted vision, Bhutan recognized the need to modernize and industrialize the Kingdom, while at the same time protecting its inherent culture and ethos to lead the nation into the new millennium, without losing its independent sprit.

Several areas of development were identified-such as the building of its infrastructure, modernization through industrialization, encouragement of the private sector and entrepreneurship, and the opening of its doors to outside trade and education.

Through this encouragement of the Royal Government the Lhaki Group of Companies was promoted by Dasho Ugyen Dorji, in the late 80s.  The Group initially started its venture with the Construction and Manufacturing of Cement.

In the Process, Lhaki Cement was established in the year 1989-90. The unit commenced commercial production in the year 1993 with 2 VSKs of 50 TPD each. The plant was augmented in the year 1995-96 with an additional VSK of 40 TPD whereby the total Clinker Capacity of the plant reached to 140 TPD.

The plant further augmented its cement grinding capacity in the year 2000-2001 by installing an additional cement mill. With this the total cement girding capability was increased to 350 TPD.

In the year 2007 the promoters resolved to upgrade the technology as well as the capacity of the plant by installing 450 TPD dry process rotary plant through retrofitting. The augmentation project is presently under progress and it is expected that commercial production from the augmented plant would commence by the first quarter of 2009.

VISION & TARGETS

Vision of Lhaki Cement is to produce best quality Port Land Cement as per IS norms at a reasonable cost. Greater strength, durability and customer satisfaction these are the corner stones of Lhaki Cement Management team.

Above 90% capacity utilization in Clinker Production and Cement Grinding is the target of the unit right from the inception.

CORE VALUE & PRINCIPLES:

Consistent effort for excellence in Quality, Hard work, Best customer care are the prime values and principles laid down before us while pursuing the operation of the unit.

PRODUCTS:

OPC 33 GRADE, OPC 43 GRADE CEMENT

COMMITMENTS:

Environment friendly operation, Maximum Capacity Utilization, Optimum cost, Development of Human Resource.

PROMOTER:

Dasho Ugen Dorji, Chairman, Lhaki Group of Companies

CORPORATE LEADERS:

Dasho Sonam Tobgay Dorji – Vice Chairman, Lhaki Group of Companies – CEO

Major (Retd.) Rinzin Gyeltshen – Jt. Managing Director

Mr. R.S. Sharma – Executive Director (Technical)

Mr. Karma Tshering – Executive Director ( Corporate Affairs)

Mr. Dilip Sharma – Director – Technical

OPERATION HEADS:

Mechanical Engineering:                     Mr. B.B. Chhetri

Electrical Engineering:                        Mr. D. Sharma

Production & Quality Control:           Mr. R.M. Yadav

Civil Engineering:                               Mr. Manoj Subba

Public Relation & Logistic                  Mr. Tashi Tshering

Administration & Pnl                          Mr. Dorji Tsherinhg

Marketing & Commercial                   Mr. J.C. Tshindup

Security:                                              Mr. Kinzang Yeshi

Finance:                                               Mr. S . Roy

REVENUE DETAILS (figures in million Nu.)

2007                2006                2005

Turnover                                              287.41             208.71             175.66

Gross block (Fixed Assets)                 161.29             159.52             158.47

Profit After Tax                                    49.30               12.91                8.93

Exports

QUALITY ASSURANCE:

The company has been awarded BIS Certificate for quality and testing.

BIS Mark :

OPC 43 :         8488807 – IS No. 8112:1989

OPC 33:          8488908 – IS No.   269:1989

(copy of Certificates enclosed)

The test certificate of OPC 43 Grade Cement produced by Lhaki Cement is enclosed herewith.

ENVIRONMENTAL RESPONSIBILITIES:

Lhaki Cement is ever dedicated in preservation of environment and operates the plant by complying the emission norms:

The Environment Clearance issued by NEC depicting the relevant norms is enclosed herewith.

SOCIAL RESPONSIBILITIES AND COST INCURRED:-

The Management of the Unit is committed to run the organization in a socially responsible manner to ensure that the unities employees and the community can live and grow in an environment of harmony, promote the cultural & religious heritage of the Country.

NUMBERS OF EMPLOYEES:-

BHUTANESE PERMANENT          -           169 – including five female employees

NON-BHUTANESE PERMANENT -            31

BHUTANESE CASUAL                  -             56- including one female employee

NON-BHUTANESE CASUAL        -           16

Total    -           272

COST OF EMPLOYEES (INCLUDE RATIO TO OPERATING COSTS):-

2007 2006 2005

Employees Cost                      26.587             19.622             19.198

% of Operating Cost               12%                   10%                    11%

CARRIER OPPORTUNITIES

The Management policy regarding the Human Resource Generation always favoured the employment of National Work Force in all the levels of operation.  The statistics of the manpower reflects that more than 75% are nationals.

However, there is a constant demand for trained technical hands in the Plant.  All the career opportunities are announced thorough the national new papers from time to time.

The Management also absorbed the prominent candidates from various technical institutes as trainee.  Upon successful performance, they are given the opportunity for joining the company.

AGENTS & SUPPLIERS:-

The company has appointed M/s.H.P.Rathi, of Birpara as it’s SOLE SELLING AGENT for Cement Sale in India.  For sale of Cement in Bhutan several Agents have been appointed in various locations.  The lists of the Agents are as under:-

  1. M/s. Jigme Cement  Agents,   Phuentsholing
  2. M/s. Kuenley Sithub, Samdrupjongkhar
  3. M/s. Druk Norlha Enterprises, Phuentsholing
  4. M/s. Sonam Rinchen, Samdrupjongkhar
  5. M/s. Karma Cement Agent, Gelephu
  6. M/s. Druk Penden Cement Agent, Phuentsholing.
  7. M/s. Weseyel Lhundup Cement Agent, Nganglam.
  8. M/s. Kinga Cement Agent, Punakha.

The list of enlisted suppliers for various materials is enclosed.

RATES & PRICES

The prevailing Cement Price :-

India                -OPC -43         –           Nu. 3850/- per MT

Bhutan                        OPC -43         -           Nu. 3650/- per MT

5 % Sales Tax is applicable for Bhutan Sales.

The rates are revised from time to time under notification.

Contact Addresses:- Lhaki Cement, Gomtu, Telephone No.009755-371042/371020 Fax

Email lhakicement@yahoo.com/lhakicement@druknet.bt.

Lhaki Cement