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

News Image

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

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 165,930.99
130.24M
0.47%
779.34
ALLSHR 100,610.48
378.72M
0.45%
449.84
KSE30 49,063.88
37.34M
0.46%
224.35
KMI30 238,884.56
81.35M
0.41%
973.99
KMIALLSHR 65,270.38
212.83M
0.42%
270.26
BKTi 45,897.03
8.93M
0.66%
303.08
OGTi 33,673.00
3.31M
1.09%
362.02
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 83,880.00 83,960.00
82,605.00
1310.00
1.59%
BRENT CRUDE 108.21 111.32
107.68
-0.58
-0.53%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
-2.90
-2.21%
ROTTERDAM COAL MONTHLY 147.10 0.00
0.00
1.60
1.10%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50
0.00
0.00%
CRUDE OIL - WTI 97.03 100.40
96.92
-0.79
-0.81%
SUGAR #11 WORLD 20.33 20.74
20.29
-0.19
-0.93%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg