Arrival, clearance of GCIL's crucial machinery boosts ASU plant progress

MG News | December 05, 2023 at 03:20 PM GMT+05:00

0:00

December 05, 2023 (MLN): The import portion of the Plant and Machinery of the Ghani Chemical Industries Limited (PSX: GCIL)'s fifth 275TPD ASU plant for manufacturing Medical and industrial Gases at Hattar Special Economic Zone has arrived, unloaded and customs cleared, the company's filing on PSX showed today.

In addition to the above, the company is also in the process for setup of import substitute Calcium Carbide manufacturing project at Hattar Special Economic Zone.

Hopefully, this project will save millions of dollars and shall also open the doors for earning foreign exchange for the country.

Both the above projects are planned to be in operation during 1st quarter of calendar year 2024.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	189,166.83 407.93M	0.79% 1478.66
ALLSHR	112,809.65 875.49M	0.16% 181.96
KSE30	58,207.71 147.51M	1.27% 729.47
KMI30	269,497.03 190.79M	1.15% 3053.85
KMIALLSHR	72,828.34 555.24M	0.32% 235.69
BKTi	53,520.37 33.89M	-0.06% -32.37
OGTi	38,886.75 10.61M	-1.00% -393.22

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,080.00	90,135.00 88,615.00	-365.00 -0.41%
BRENT CRUDE	65.86	65.98 64.29	1.80 2.81%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-3.10 -3.45%
ROTTERDAM COAL MONTHLY	98.50	0.00 0.00	-0.30 -0.30%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	61.11	61.26 59.52	1.75 2.95%
SUGAR #11 WORLD	14.76	14.98 14.75	-0.20 -1.34%