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Lucky Cement Limited (LUCK: psx) isone of Pakistan's largest producers and leading exporter of quality cement with the production capacity of 7.75 million tons per annum. The Company is listed on Pakistan and London Stock Exchanges.
Over the years, the Company has grown substantially, and 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 northern areas of the country. The company has also announced plans for a 2.3 mtpa Greenfield cement plant in the Punjab province of the country. Lucky Cement has a network of over 200 dealers which enables it to dominate the local market. Lucky Cement was also first Pakistani company to export sizeable quantities of loose cement and is the only cement manufacturer to have its own loading and storage terminal at Karachi Port.
It is also one of the few Pakistani corporates with a truly global footprint, with a joint venture cement grinding plant in Iraq called Al Mabrooka Cement, and plans for an Integrated Cement Manufacturing plant in DR Congo. Furthering its vision of growth and diversification, Lucky Cement along with other YBG Group companies through Lucky Holdings Limited is also the sponsor of ICI Pakistan, a household name in chemicals, soda ash, and life sciences in Pakistan.
Another ambitious project by the company is Lucky Electric Power Company Limited, incorporated in Pakistan in the year2014, as a public unlisted Company. LEPCLhas been incorporated with the objectiveof setting up of 660 MW super critical coalbased power project in Karachi.
Lucky Cement has an edge over its competitors for being the only company with an effective and state-of-the-art setup for bulk transportation, and is catering to almost one-fifth of the country's cement needs. Lucky Cement produces Ordinary Portland Cement, Sulphate Resistant Cement and Clinker and sells both bagged and loose cement. It is also the largest exporter of Ordinary Portland Cement from Pakistan.
Pioneering in environmental conservation, the company has invested in a number of pro-environment projects at its plants including waste-heat-recovery plant, tyre-derived-fuel plant (TDF) and refused-derived-fuel to further enhance its green operations. Lucky Cement has also joined hands with Government of Pakistan and local NGOs to supporttree plantation initiatives across the country and has plantedover 30,000 trees in and around its plant vicinity over the year five years.
Lucky Cement is always committed to its social and environmental responsibilities and actively participates in community welfare and awareness programs. The company strongly supports the causes that lead to an improved and informed society and regularly contributes its share in uplifting health and educational standards of the society at large.
Lucky Cement is an ISO 9001:2008, ISO 14001:2004and OHSAS 18001:2007 certified company and has possessed many other international cement standard certifications over the years including:
-- Bureau of Indian Standards
-- Sri Lankan Standard Institute
-- Standards Organisation of Nigeria
-- Kenya Bureau of Standards
-- South African Bureau of Standards
-- Tanzania Bureau of Standards
-- CE marking
Lucky cement is also privileged to have won many awards endorsing itsexcellence. Forbes Asia Magazine recently recognised Lucky Cement as the only company from Pakistan to feature in its "Best under a Billion" list from Asia, a list of the best emerging companies in the region. The company was also nominated in the top 5 contenders for the World Finance Corporate Governance Award 2015. The company the prestigious Corporate Governance Award from the Management Association of Pakistan in 2014 and 2015.
LCL has been the recipient of the domestic Export Trophy for highest exports from KPK Chamber of Commerce and Industry and the Karachi Chamber of Commerce and Industry,Brands of the Year award and Annual Environment Excellence Award consistently from the past many years.
Lucky cement is also honoured to have received an A+ ranking from GRI, Netherlands, on its sustainability report in 2012, one of the only companies in Pakistan to achieve this feat.

Copyright Business Recorder, 2016

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