Cement industry to expand 15pc by 2023


KARACHI: Cement production in the country is likely to expand by more than 15 percent in two years as to date about five companies have announced their output with four more units to unfold their plans soon.

According to reports, Lucky Cement, Fauji Cement, Kohat Cement, DG Khan and Attock Cement would expand their production, cumulatively by almost 11.8 million tons. This expansion would expectedly complete by the second half of 2023. Moreover, near four more units would add another six million tons.

This would be the fourth expansion cycle of the cement industry.

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