Lucky Cement may opt for Pezu expansion

MG News | January 29, 2018 at 04:20 PM GMT+05:00

0:00

Lucky Cement of Pakistan has announced that in view of the continued delay in expansion plant for north, the company is evaluating for brownfield expansion of 2.3Mta at its existing plant location in Pezu, Lakki Marwat district, in the Khyber Pakhtunkhwa province.

The company's 2.3Mta fully-integrated Greenfield works in Punjab province is currently awaiting approval from the Punjab government to start construction, said the company in a bourse filing. Therefore, Lucky Cement is considering an alternative plan.

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