Lucky Cement decides to enhance its cement production capacity at its Pezu Plant

MG News | February 01, 2021 at 10:14 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 1, 2021 (MLN): Lucky Cement (PSX: Luck) has decided to enhance its cement production capacity at its Pezu Plant by 3.15 million tons per annum.

The total project cost for the above expansion shall be finalized after the conclusion of negotiations with the suppliers/contractors.

The construction work on the project is expected to commence within the current financial year and is expected to have a construction period of 1.5 to 2 years, revealed company’s notice to PSX.

The decision to increase in production capacity came after analyzing a continuously increasing demand in the domestic Cement industry, on at its Pezu Plant by 3.15 million tons per annum the back of revival of economic activity and the uptick in construction projects including both retail level projects as well as mega infrastructure development projects.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,887.33 331.85M	-0.28% -505.64
ALLSHR	108,103.36 733.43M	-0.06% -61.45
KSE30	53,707.66 168.35M	-0.40% -213.76
KMI30	256,437.43 169.24M	-0.18% -463.03
KMIALLSHR	70,003.23 479.91M	0.08% 53.80
BKTi	49,422.61 37.18M	-0.99% -492.09
OGTi	36,662.97 13.28M	0.94% 340.05

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,665.00	66,160.00 65,475.00	-35.00 -0.05%
BRENT CRUDE	78.07	79.57 77.75	-0.89 -1.13%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	7.50 6.49%
ROTTERDAM COAL MONTHLY	125.50	125.50 125.00	-0.45 -0.36%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	74.41	76.06 74.09	-0.86 -1.14%
SUGAR #11 WORLD	14.29	14.35 14.04	0.10 0.70%