Expansion plans of Fauji Cement are underway

Expansion plans of Fauji Cement are underway
12 November 2018

Fauji Cement Company Limited (FCCL) has informed Pakistan Stock Exchange (PSX) that the 10th Extraordinary General Meeting (EOGM) of FCCL will be held in  Islamabad on 29 November 2018 to obtain approval for a greenfield project, elect company directors for a period of three years from 13 December 2018 to 12 December 2021and other business.

According to annual report for the year 2018, the company is planning to establish an additional plant and necessary preparation in this regard are underway. However, local experts suggest that the company is undertaking feasibility for a greenfield expansion project in a different province of country. Its capacity would be around 2Mta.

Fauji Cement Company cement plant currently has a cement capacity of 3.433Mta at Fateh Jang in Punjab.

Published under Cement News