Tag Pakistan

Fauji and KAPCO acquired Attock Cement in Pakistan

Attock Cement Plant

Fauji Cement and Kot Addu Power Company (KAPCO) have taken control of Attock Cement, which is Pakistan’s 9th largest cement producer with a capacity of 4.3 Mta from 1 production plant (photo). The two companies acquired a combined 92.03% stake…

Pakistan clears US$700m investment into cement

Lucky Solar units Pezu 1

The Special Investment Facilitation Council (SIFC) of Pakistan removed regulatory bottlenecks for planned investments of US$700m for seven new cement plants. Details have not been published yet, however the major local cement producers such as Lucky Cement (photo, green energy…

Prospective buyout of Pakistan’s Attack Cement

AttockCement 1

Fauji Cement Company Limited and Kot Addu Power Company Limited (KAPCO) have jointly launched a public offer to acquire shares and control of Pakistan’s Attock Cement Ltd.  Attock has about 5% market share in the country with 4.3 Mta capacity…