Ghani Chemworld clarifies production halt, local sales to continue

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MG News | October 19, 2026 at 04:06 PM GMT+05:00

October 19, 2026 (MLN): Ghani Chemworld Limited (PSX: GCWL) has clarified that it holds sufficient inventory to meet domestic sales requirements despite suspending production amid disruptions to export and import activities.

The Company said the clarification supplements its earlier disclosure dated October 19, 2026, regarding the suspension of production activities.

Earlier, GCWL had informed the PSX that it suspended production because it could no longer fulfil its export orders, citing unrest affecting maritime routes in the Middle East and congestion at ports.

The Company said the ongoing situation in the Gulf has disrupted both exports and imports, preventing it from fulfilling export orders and leading to the suspension of production activities.

GCWL stated that exports were envisaged as a principal driver of its business and growth. However, it holds sufficient inventory available for sale in the domestic market.

The Company intends to sell its accumulated inventory locally during the production suspension. It clarified that while fresh production remains suspended, existing stock provides a basis for domestic sales, subject to prevailing demand and market conditions.

GCWL further clarified that the suspension of manufacturing activities does not, in itself, constitute a suspension of local sales from available inventory.

The Company said it will inform shareholders through the PSX upon resumption of production and communicate further material developments as appropriate.

The aforementioned information was disseminated through a notification to Exchange.

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