Tag Archives | Lucky Cement

Samawah Clinker Plant to Start Production Next Year

By John Lee. Pakistan-based Lucky Cement has said that it plans to achieve commercial production at its greenfield clinker production facility in Samawah by the end of first quarter of financial year 2020-21. In its Annual Financial Report, the company said that the first shipment of plant and machinery to the 1.2-million-tons-per-annum project is expected […]

Finnish Firm wins Repeat Order in Iraq

Finnish technology group Wärtsilä has said it will supply the equipment to enable an efficient, reliable, and independent power source for an Iraqi cement producing plant. The 20 MW engine power plant is being built by Al Shumookh Lucky Investments Ltd, a JV company of Lucky Cement Limited and a limited liability company registered in […]

Negotiations Ongoing for Samawah Clinker Plant

By John Lee. Pakistan-based Lucky Cement has said it is currently in negotiation with its suppliers to finalize plant and machinery at its greenfield clinker production facility in Samawah. In its Annual Financial Report, the company said it plans to achieve financial close and commercial production is third quarter of calendar year 2018 and last […]

Lucky Cement to Invest $109m in Samawah

By John Lee. Pakistan’s Lucky Cement has announced a plan to build a greenfield clinker production facility in Samawah. The plant will have a capacity of 1.2 million tons per annum, and will be set up as a joint venture project with the company’s existing local partner. The company already has a cement grinding unit […]

Lucky Cement Expansion to be completed by November

By John Lee. Pakistan’s Lucky Cement has reported that the first phase of the brown-field expansion of its cement grinding unit in Iraq is expected to come online by October 2017. It will hava a capacity of 0.4355 million tons per annum, representing half of the planned 0.871-million-ton expansion. The second half the expansion is […]

Cement Firm Expands Iraq Operations

By John Lee. Pakistan’s Lucky Cement has announced plans to increase capacity at its grinding unit in Iraq. In a statement to the stock market, the company said that together with its Joint Venture partner, it will to increase its existing cement grinding capacity from 0.871 million tons to 1.742 million tons per annum. This expansion […]

Iraq Boosts Lucky Cement Results

By John Lee. Pakistan’s Lucky Cement has reported progress at its grinding unit in Iraq. Analyst Nabeel Khursheed at Topline Securities commented that operations from Iraq contributed net earnings of Rs323m (eps Re1) to Lucky’s consolidated bottom-line. (Source: DAWN.COM) (Picture: Muhammad Ali Tabba, CEO of Lucky Cement)

Lucky Cement Starts Production in Iraq

By John Lee. Pakistan’s Lucky Cement has started production in Iraq from February of this year, in a 50/50 joint venture with the Al-Shawy family. The company’s CEO, Muhammad Ali Tabba (pictured), told Dawn that a total of $40 million has been invested in the grinding mill in Basra, which has a capacity of 3,000 […]

Pakistan’s Lucky Cement Enters JV in Iraq

By John Lee. Lucky Cement, which claims to be the largest manufacturer of cement in Pakistan, has entered into a joint venture for a cement grinding plant in Iraq, according the The News. “The contract for the supply of plant and machinery for this project has been signed and the project team, as well as […]