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LCI unleashes massive expansion of soda ash manufacturing facility in Khewra

LCI records 46% YoY drop in earnings for 9MFY24
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March 21, 2023 (MLN): Lucky Core Industries Limited (PSX: LCI) (formerly ICI Pakistan Limited) has successfully commissioned and initiated operations for its 60,000 tons per annum (TPA) expansion project at its Soda Ash manufacturing facility in Khewra.

This accomplishment marks a significant milestone for the company and is a part of the phase 2 expansion project communicated earlier in August 2020 and January 2021.

The aforementioned expansion project comprises a total expansion of 135,000 TPA, of which 75,000 TPA was already completed in 2022.

With the successful completion of this expansion project, the total installed capacity of the Soda Ash Plant of the Company now stands at 560,000 TPA. The commissioning and initiation of operations for the expansion project is a testament to the Company's commitment to delivering high-quality products and services to its customers.

LCI continued investment in expanding its manufacturing capabilities demonstrates its dedication to the growth and development of its business operations.

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Posted on: 2023-03-21T15:17:09+05:00