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TRADE CHRONICLE<br />
DG Khan Cement<br />
History and ownership:<br />
DG Khan Cement Company<br />
Limited (DGKC) was established in<br />
Dera Ghazi Khan under the control<br />
of State Cement Corporation of<br />
Pakistan Limited (SCCP) in 1978<br />
and started manufacturing<br />
operations in 1986 with a<br />
production capacity of 2,000 tons<br />
per day (about 600,000 tons<br />
annually). The company was<br />
acquired by Nishat group in 1992<br />
after the government's privatization<br />
Lucky Cement<br />
Lucky Cement Limited (LCL) is one<br />
of the largest producers and leading<br />
exporters of quality cement in<br />
Pakistan, with a production capacity<br />
of 7.75 million tons per annum. The<br />
company is listed on Pakistan and<br />
London Stock Exchanges.<br />
Over the years, the Company has<br />
grown substantially and is<br />
expanding its business operations<br />
with production facilities at<br />
strategic locations in Karachi to<br />
scheme.<br />
In efforts to keep growing, more<br />
capacity was added through the<br />
years—going from 2,000 tons per<br />
day to 6,700 tons per day to later<br />
setting up a new plant in Khairpur<br />
with a capacity of 6,700 tons per day<br />
cater to the Southern regions, Pezu<br />
and Khyber Pakhtunkhwa to furnish<br />
the Northern areas of the country.<br />
Lucky Cement is Pakistan's first<br />
company to export sizeable<br />
quantities of loose cement being the<br />
only cement manufacturer to have<br />
its own loading and storage terminal<br />
at Karachi Port. Lucky Cement<br />
(approximately 2 million tons).<br />
Combined, the two plants have a<br />
capacity of 4.02 million tons<br />
annually, placing DG Khan in the<br />
nook of the other two cement giants<br />
today, Bestway and Lucky.<br />
The company has a gas fired plant<br />
with a capacity of 25.5MW, furnace<br />
oil fired plant (23.84MW), two<br />
waste heat recovery units (10.4MW<br />
and 8.6MW) and a dual fuel plant<br />
with a capacity of 33 MW.<br />
(Source: Company website/media)<br />
Limited has embarked on the<br />
journey of global expansion by<br />
setting up cement grinding facility<br />
in Basra, Iraq and a cement<br />
manufacturing plant in Democratic<br />
Republic of Congo (DRC).<br />
Furthermore, the company has<br />
diversified into power generation by<br />
investing in a 660 MW coal-based<br />
power project in Karachi. Also the<br />
acquisition of ICI Pakistan is<br />
another noteworthy move towards<br />
the expansion of Lucky Cement's<br />
industry portfolio.<br />
(Source: Company website/media)<br />
TRADE CHRONICLE - <strong>May</strong>.~Jun. <strong>2017</strong> - Page # 20
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