Attock Cement

Attock Cement Pakistan Limited, branded as Falcon Cement, is a Pakistani building materials company which is a subsidiary of Lebanese investment company Pharaon Investment Group Limited Holding S.A.L.. The company current capacity is 2400 tons per day.

Attock Cement
Public
Traded asPSX: ACPL
IndustryCement
Founded1981 (1981)
FounderGhaith Pharaon
HeadquartersKarachi, Pakistan
ParentPharaon Investment Group Limited Holding S.A.L.
Websitewww.attockcement.com

It was founded in 1981 by Ghaith Pharaon and is listed on the Pakistan Stock Exchange.

History

The company started its commercial production on June 1, 1988. ACPL's current production capacity is 2,400 MTPD. Due to an overall surge in cement demand in the country over the last couple of years coupled by growth in regional market, ACPL has decided to increase its production capacity to 5,400 MTPD by setting up a new plant with a capacity of 3,000 MTPD. The new plant was scheduled to be completed and start trial production by January 2007.[1] Attock Cement is considered a mid-sized cement company in Pakistan due to the size of its operations.

Its manufacturing plant is located in Hub Tehsil, Balochistan and it sells its products under Falcon brand cement.[2]

In 2014, the company expanded to Iraq as they set-up grinding plant in Basra.[3]

References
  1. BCCI's Relationship with Foreign Governments, Central Banks and International Organizations Federation of American Scientists (FAS) website, Retrieved 30 October 2017
  2. Attock Cement Pakistan Limited on Business Recorder (newspaper) Published 12 December 2012, Retrieved 2 November 2017
  3. Correspondent, Our Equities (April 12, 2014). "Attock Cement to set up plant in Basra". DAWN.COM.
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