Lucky Cement

Sponsored by well known “Yunus Brothers Group” – one of the largest export houses of Pakistan, Lucky Cement Limited currently has the capacity of producing 25,000 tons per day of dry process Cement.

Lucky Cement Limited (LCL) is one of the largest producers and leading exporters of quality cement in Pakistan, with a production capacity of 7.75 million tons per annum. The company is listed on Pakistan and London Stock Exchanges.

Over the years, the Company has grown substantially and is expanding its business operations with production facilities at strategic locations in Karachi to cater to the Southern regions, Pezu and Khyber Pakhtunkhwa to furnish the Northern areas of the country. Lucky Cement is Pakistan’s first company to export sizeable quantities of loose cement being the only cement manufacturer to have its own loading and storage terminal at Karachi Port.

Lucky Cement Limited has embarked on the journey of global expansion by setting up cement grinding facility in Basra, Iraq and a cement manufacturing plant in Democratic Republic of Congo (DRC). Furthermore, the company has diversified into power generation by investing in a 660 MW coal-based power project in Karachi. Also the acquisition of ICI Pakistan is another noteworthy move towards the expansion of Lucky Cement’s industry portfolio.

Lucky Cement is an ISO 9001:2008 and 14001:2004 certified company and also possesses many other international certifications including Bureau of Indian Standards, Sri Lankan Standard Institute, Standards Organization of Nigeria, Kenya Bureau of Standards and South African Bureau of Standards.

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News & Events

  • Lucky Cement Limited was awarded for its Stakeholder & Employee Engagement efforts at the 6th Corporate Social Responsibility Summit & Awards ceremony, organized by The Professionals Network.

  • CIMKO/Nyumba Ya Akiba started Commercial Operations in December 2016 with a production capacity of 1.18 million tons per annum. The plant has the latest in vertical grinding and roller-mill technology, provided by world-renowned suppliers FLSmidth. Keeping in mind the reduction in carbon footprints, NYA has utilized unparalled engineering techniques and installed latest equipment to lower production costs and keep carbon emissions within the permitted level.

  • YBG has planned to set up a new company to start manufacturing and assembling Kia vehicles in Pakistan. Kia, a hugely successful car manufacturer, operating in 172 countries of the world has always believed in expansion. By joining hands with YBG, this new venture will market and sell all types of Kia vehicles, parts and accessories in Pakistan.

  • Lucky Cement Limited was recently awarded with the prestigious “Brand of the Year Award” for the year 2015-2016. Being a leading name in the cement industry for the past 20 years, Lucky Cement has maintained its quality reputation over the years. This is Lucky Cement’s 5th BOYA award, thus proving its stance as a market leader in the cement industry.

  • Lucky Electric Power Company Limited (LEPCL) has executed EPC contract and finalized a draft of its Power Purchase Agreement. It is currently in the process of finalizing the Implementation Agreement and long term Coal Supply Agreement with Sindh Engro Coal Mining Company (SECMC). LEPCL aims to starts its commercial operations by June 2020.

  • Lucky Cement Limited received the 6th CSR Award for its Waste Management & Recycling policies at the 9th Corporate Social Responsibility (CSR) Summit, organized by National Forum for Environment and Health.

  • In addition to the existing WHR plant at Pezu, another plant, WHR AB, was inaugurated by Mr. Mohammad Ali Tabba (CEO, Lucky Cement) recently. This WHR plant will have a capacity to generate 9.1 MW of power.

  • Lucky Cement reported a net profit of Rs. 7.04 billion for the half year ended on Dec 31, up 12.5% on a year-on-year basis. Earnings per share (EPS) for the half year rose to Rs. 21.76 compared to Rs. 19.34 last year. Net sales rose 7.5% to Rs. 23.44 billion for the period under review. Volumetric local sales during the half year went up 23% to 2.98 million tonnes while export volumes fell 16.3% to 0.75 million tonnes.

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Last updated: April 28, 2017

 

Awards / Achievements

Lucky Cement has a tradition of excellence in business. Various Awards and Achievements presented to Lucky Cement in recognition of a successful corporate company.

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Sustainability

Lucky Cement has donated a generous amount of Rs. 100 million for the construction of this world-class institution. Mr. Muhammad Ali Tabba also serves on the Board of Directors.

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