Saturday, June 09, 2007

Hetauda Cement shuts down

Hetauda Cement shuts down
eKantipur.com, 1-Jun-2007

Irregular power supply has forced Hetauda Cement Factory (HCF) to shut down for past one week, creating a crunch in supply in the local market.

Seven hours of load shedding a week has badly affected production, HCF officials said. “We have sufficient raw materials and our machines are functioning. What shall we do when we do not have regular power supply?” asked Ramesh Kumar Aryal, general manager of the factory.

Due to shortage of Hetauda cement in the market, a popular brand, locals are compelled to depend on Indian cement, which is regarded to be of lower quality. HCF has capacity of rolling out 16,000 sacks per day. Last year the factory operated at half the full capacity due to various reasons. The already ailing HCF owes Rs 1 billion to various banks and financial institutions.

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