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HomeFinanceStock MarketLUCKY CEMENT IS ADDING A NEW PRODUCTION LINE IN SAMAWAH, IRAQ

LUCKY CEMENT IS ADDING A NEW PRODUCTION LINE IN SAMAWAH, IRAQ

Lucky Cement Limited and Al-Shumookh Group Iraq has resolved to enhance its Production capacity of clinker in Samawah, Iraq.

Karachi: Constructions projects mein barhti hui cement ki demand aur Iraq ke Basra mein Joint Venture (JV) cement grinding facility ke liye supply of clinker secure karne ki zaroorat par amal kartay hue, Lucky Cement Limited aur Al-Shumookh group, Iraq ki dosri Joint Venture company [Najmat-Al-Samawah (NAS)], ne apni clinker ki production ki abilities ko barhanay ka irada kiya hai.

Iraq ke Samawah mein ek new production line ke zariye Annual 1.82 million tons ki clinker production ki ability ko barhaya jayega. Yeh ability expansion business ki overall efficiencies ko mazeed behtar bana degi. kyunki yeh Iraq ke andar clinker ki availability mein self-reliance hasil karne mein ahem kirdar ada karega.

Mazeed ability ko barhane ke liye, Project par construction activities expected hai ke woh financial year Q1FY24 mein shuru hongi aur 18 months mein complete ho jayegi.

Entrepreneurship ki core value ke saath, Lucky Cement Limited apne business production or portfolio ko barhane ke liye committed hai jo is ki earning and shareholder’s value mein continuously izafa kare ga. Lucky Cement Limited ke paas business ka well-diversified portfolio hai, jis mein Local or International cement operations ke elawa Automobile, Chemicals aur Agri Sciences, Mobile phone assembling aur Energy (company ke zair-e-intizam captive power plants ke elawa) shamil hain.

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