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News Attock Cement preparing to approve sale of grinding plant in Iraq

Attock Cement preparing to approve sale of grinding plant in Iraq

Written by Global Cement staff 10 May 2023
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Iraq: Pakistan-based Attock Cement has scheduled an extraordinary general meeting in late May 2023 to approve the sale of a cement grinding plant at Khor Al-Zubair in Basra for around US$23m. It is preparing to sell a 60% share in the unit to a joint venture comprising Abdul Lateef Mohsin Al Geetan, an Iraqi national, and Lamassu Babylon General Trading Company, an organisation based in Dubai, UAE.

Published in Global Cement News
Tagged under
  • Iraq
  • Attock Cement
  • Divestments
  • grinding plant
  • Pakistan
  • GCW607

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