Investment company Fijian Holdings Limited (FHL) has confirmed that its subsidiary Pacific Cement Pte Limited (PCL) has installed the damaged mill component that caused the temporary closure of its mill in March early this year.
A statement issued by FHL to the South Pacific Stock Exchange (SPX) last Friday said commissioning had commenced.
“However, we are currently experiencing delays due to technical issues,” FHL stated.
FHL said PCL’s engineering team, along with specialist contractors, were working to rectify those issues.
“We wish to assure our stakeholders that we are making every effort to resolve these issues as quickly and safely as possible,” FHL stated.
It said regular updates would be provided as the commissioning progressed.
“We thank our valued customers and partners for their continued support and understanding during this period.”
In March, PCL – one of the country’s major cement manufacturer – temporarily ceased production for two to three months citing the mill breakdown.
The company had also considered importing cement in anticipation of any shortage.
Last month, the Fijian Competition and Consumer Commission (FCCC) said there was a sufficient supply of cement to meet local demand until PCL resumed full operations.
FCCC chief executive officer Senikavika Jiuta had said they were working closely with both suppliers – PCL and Tengy Cement – to ensure the supply remained stable.
Ms Jiuta said said they continued to actively monitor the cement supply chain across the country, and had assured consumers that their needs wou,d be met, and that they would not tolerate any unfair practices that sought to exploit the situation.
