Attock Cement preparing to approve sale of grinding plant in 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.