Lucky Cement, in a notification to PSX on Thursday, announced that it will increase its clinker production capacity in Samawah(Iraq) by adding a new production line of 1.82MTPS(million tons per annum).
The expansion is being done to keep up with the pace of economic activity in the country and secure clinker supply for the company’s operations in Iraq.
The project is expected to commence by September 2023 and be completed by March 2025.
Lucky Cement’s local and international capacities, if we include the most recent expansion announced, are now as under:
| Company | Location | Capacity(MPTA) | Details |
|---|---|---|---|
| Lucky Cement Limited | Pezu, Lakki Marwat | 10.25 | Fully integrated cement plant |
| Lucky Cement Limited | Karachi | 5.05 | Fully integrated cement plant |
| Nyumba Ya Akiba | DR Congo | 1.31 | Fully integrated cement plant |
| Al-Mabrooka Cement Company | Basra, Iraq | 1.74 | Cement grinding plant |
| Najmat-Al-Samawah | Samawah Iraq | 1.31 | Fully integrated cement plant |
| Najmat-Al-Samawah | Samawah, Iraq | 1.82(2025) | New clinker line |
| Total capacity clinker and cement | 21.48 |
Lucky Cement, which is already the largest cement manufacturer in Pakistan, continues to lead the industry. Over the past few years, the company has diversified its portfolio of businesses and now owns businesses involved in automobiles, chemicals and agri sciences, mobile phone assembling and energy.
TRG Pakistan Limited (TRG), through its associate TRG International, holds significant stakes in two key…
Headline inflation is expected to reach approximately 12.66% in June 2024, compared to 11.76% in…
Pakistan Aluminium Beverage Cans Limited (PABC) has announced that it achieves AA- long term rating.
Ismail Industries Limited (ISIL) announced that it is to begin the regulatory process for Abu…
the average industry Gross Refining Margin (GRM) is expected to be around $3.8 per barrel.
Unity Foods Limited (UNITY) reported a transaction by a non-executive director.
View Comments