Flying Cement to Launch New Plant With Production Capacity of 9,000 Tons Per Day

Flying Cement Company Limited (PSX: FLYNG) will soon launch a new clinker line with a production capacity of 9,000 tons per day, the company informed the Pakistan Stock Exchange (PSX) on Monday. “We announce that the commissioning process of new Line-II of 9,000 TPD of Clinker will be started soon and its COD is targeted by 3rd Quarter of Financial Year 2024-25,” it stated. The principal activities of the company are manufacturing, marketing, and sale of cement. At the time of filing, the company’s scrip at the bourse was Rs. 16.6, up 2.15 percent or Rs. 0.35 with over 3.27 million shares on Monday.