Balochistan Glass starts production at new plant

MG News | June 04, 2024 at 03:04 PM GMT+05:00

0:00

June 04, 2024 (MLN): After successfully completing the furnace heat-up process, Baluchistan Glass Limited (PSX: BGL) has commenced commercial operations at its new state-of-the-art plant on June 04, 2024.

The company informed market participants of this development through a notice issued to the Pakistan Stock Exchange (PSX) today.

The plant has a capacity of 110 metric tons per day of glass production at Baluchistan Glass Limited Unit 1, located in Hub, Baluchistan.

The furnace of the aforementioned plant was ignited on May 15, 2024, as informed by the company via letter on that respective date.

It is worth noting that the company's stock price surged to its upper limit today, likely due to this positive development.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	176,355.49 799.09M	1.32% 2301.17
ALLSHR	106,095.08 1,399.85M	1.42% 1480.57
KSE30	54,010.33 172.85M	1.33% 707.40
KMI30	250,685.98 166.33M	0.86% 2146.75
KMIALLSHR	68,659.48 915.21M	1.16% 786.70
BKTi	49,612.52 72.87M	2.53% 1222.09
OGTi	35,256.55 17.79M	1.06% 368.14

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,460.00	89,610.00 88,720.00	1575.00 1.79%
BRENT CRUDE	61.15	61.16 60.83	0.30 0.49%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	0.65 0.75%
ROTTERDAM COAL MONTHLY	96.75	0.00 0.00	0.20 0.21%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	57.71	57.72 57.41	0.29 0.51%
SUGAR #11 WORLD	14.95	15.22 14.80	0.11 0.74%