The chairman of Pakistan’s largest cement producer, Lucky Cement Ltd, Muhammed Yunus Tabba, died on 2 January 2023 peacefully, according to a family announcement of the company through local media.
Lucky Cement is one of Pakistan’s largest producers and leading exporters of quality cement. The company’s total production capacity (including northern and southern plants) has increased to 15.3Mta from the previous figure of 12.15Mta. Last month, in a regulatory filing, GM Finance and Company Secretary, Faisal Mahmood, said the new line is operational, and clinker production commenced on 22 December 2022.
Over the years, the company has grown substantially. It is expanding its business operations with production facilities at strategic locations in Karachi to cater to the southern regions and Pezu, Khyber Pakhtunkhwa, to furnish the country’s northern areas. Lucky Cement is Pakistan’s first company to export sizeable quantities of loose cement, being the only cement manufacturer with its loading and storage terminal at Karachi Port.
