Tag Archives | pakistan

Pakistan to Launch Ferry Service to Iraq

Pakistan's federal cabinet gave formal approval to the launch of a ferry service from Karachi and Gwadar ports to neighboring states of Iran, Iraq, and beyond. At present, there is no international or national commercial ferry service operating in Pakistan for the purpose of transportation of passengers and goods. According to Pakistan Today, the potential […]

Samawah Cement Plant: Production Expected FY2020-21

By John Lee. Pakistan's Lucky Cement has reported that the greenfield expansion to its cement plant in Samawah is expected to reach commercial production in the second quarter of financial year 2020-21. In a statement, the company said: "Fabrication and erection work is in full swing and Project timelines are being met. "Necessary manpower and […]

Attock Cement Grinding Unit Starts Production

By John Lee. Attock Cement Pakistan Limited (ACPL) has said that commercial production at its new 0.9 Mta cement grinding unit in Basra started on Sunday. The company, which makes the Falcon brand of cements, is a member company of Pharaon Commercial Investment Group. (Sources: Pakistan Stock Exchange, Cemnet)

Attock Invests in Cement Grinding Unit

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 […]

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 […]

Trial Production starts at Attock Cement

By John Lee. Attock Cement Pakistan Limited (ACPL), which makes the Falcon brand of cements, has announced that trial production has started at its newly-built plant in Iraq. The Express Tribune quotes analyst Syeda Humaira Akhtar as saying: "The demand scenario in Iraq is very strong and it is going to be stronger with expected […]

Zhongman starts Drilling in Diyala Province

By John Lee. China's Zhongman Petroleum and Natural Gas Group Corp., Ltd. (ZPEC) has reportedly started drilling its first oil well in Iraq's eastern province of Diyala on Tuesday. The mayor of Qazaniya told Xinhua that it is more than fifty years since an oil well was drilled in Diyala province. Mazin al-Khuzaie added that […]

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 […]