Lucky Cement approves 3.2MTPA expansion at Karachi plant

October 29, 2026 (MLN): Citing growing domestic and export demand for cement and clinker, the board of Lucky Cement Limited (PSX: LUCK) has approved multiple projects to expand production capacity at its Karachi plant and strengthen its energy infrastructure.

The projects together make up a 3.20 million tons per annum (MTPA) brownfield expansion at the Karachi plant. They will be integrated with the cement grinding facility currently being installed there.

Once the projects are complete, the plant’s installed cement capacity is expected to rise to 8.55 MTPA. Commercial operations are estimated to begin by December 2027.

Together with the installed cement capacity at the Pezu plant, the company’s total capacity in Pakistan is expected to reach 18.80 MTPA.

The board has also approved several energy projects to improve energy efficiency and support long-term growth.

These include additional wind turbines with a combined capacity of 22.5MW and a 10MW waste heat recovery (WHR) plant at the Karachi plant, as well as a 15MW solar power plant and a 15MW battery energy storage system (BESS) at the Pezu plant.

Targeted completion dates and the renewable energy capacity before and after the expansion are as follows:

Once these projects are complete, the company’s renewable energy capacity for its cement operations is expected to meet about 60% of its energy requirements, including those of the new 3.20 MTPA brownfield expansion at Karachi.

After the Karachi brownfield expansion and the ongoing expansion at Nyumba Ya Akiba, the company’s consolidated production capacity, covering domestic and foreign operations, is expected to be as follows:

Following the expansion, the company expects to further consolidate its position as Pakistan’s largest cement manufacturer and exporter of cement and clinker, while continuing to expand its international footprint through overseas operations.

The company says entrepreneurship remains its core value and that it is committed to expanding its portfolio of products and businesses, with a focus on improving the quality of earnings and maximizing shareholder value.

Besides local and international cement operations, its diversified portfolio includes automobiles, chemicals and agricultural sciences, mobile phone assembly, energy, and copper and gold mining.

The aforementioned information was disseminated through a notification to Exchange.

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