Lucky Cement’s grinding plant in Iraq is complete. The project was contracted to TCDRI, which received the Final Acceptance Certificate on 10 March 2015. The contract was initially signed in June 2012 and the plant entered production in January 2014, with the PAC certificate being issued in March 2014.
Lucky Cement is a Pakistani company with interests outside of Pakistan in Iraq and Congo. The grinding plant in Iraq has two lines of 60 tph.
Tianjin Cement Industry Design & Research Institute Co., Ltd (TCDRI) is a division of Sinoma International Engineering Co., Ltd. TCDRI was founded in 1953 and is one of China’s earliest large-scale industrial design institutes, offering technology and equipment.
Reporting on its results for the first quarter of its current financial year, Lucky Cement said that local sales grew to 0.965 million t and net sales revenue rose 12.2%.
Pakistan’s Lucky Cement recorded profit after tax of Rs.11.344 billion for the half-year ended 30 June 2014, a 16.4% increase compared to the same period a year earlier.