By John Lee.
Pakistan-based Attock Cement (PSX: ACPL) has reportedly made investments in a cement grinding unit in Iraq.
According to Business Recorder, the investment was made via a joint venture with the Iraq-based Al Geetan Commercial Agencies to form a subsidiary, a limited liability company.
Attock’s holds 60 percent of the company. The mill has a capacity of 0.9 million tons at a cost of $24 million.
(Source: Business Recorder)