Dynea Pakistan approves 1.1MW captive wind power project

June 26, 2025 (MLN): The Board of Directors of Dynea Pakistan Limited (PSX: DYNO) has approved the execution and implementation of a 1.1 MW captive wind power project at Hub, Baluchistan.

Following the development, investor sentiment turned positive, and the company’s share price surged by over Rs10. It opened at Rs255 and is currently trading at Rs268.14 as of 3:45 PM PST.

This initiative is subject to regulatory approvals and the successful execution of related contracts, as per the press release issued today.

The project is aligned with the company’s long-term sustainability objectives. Currently, the finalization of the EPC agreement and related arrangements is underway.

DYNO has also approved the commencement of commercial production and sales of a new product category within its Resin division.

The newly introduced products include Resin Additives and PVA white glue.

These products will be manufactured using the company’s existing facility, infrastructure, and production capacity.

Notably, this expansion will not require any capital expenditure, except for enhancements related to storage and health, safety, and environmental (HSE) considerations.