GGGL sets up second furnace to double its production capacity

MG News | April 08, 2022 at 10:35 AM GMT+05:00

0:00

April 08, 2022 (MLN): Ghani Global Glass Limited (PSX: GGGL) has successfully set up and fired 25 tons per day (TPD) second furnace for manufacturing of glass tubing, the company filing on PSX showed on Friday.

The company further notified that the setting up of the second furnace has increased the production capacity of the plant by 125%.

Meanwhile, the company’s value-added business, manufacturing of ampoules and vials using glass tubes produced in-house has grown significantly with 22 ampoules and 2 vial manufacturing machines currently operating. Ampoules production capacity has been increased to 70mn units per month.

To note, GGGL is a group company of Ghani Global Group. It is a subsidiary of Ghani Global Holdings Ltd. with a shareholding of 50.10%. The Company is in the business of manufacturing and sale of glass tubing, ampoules and vials.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	165,686.51 173.36M	-0.52% -866.77
ALLSHR	101,009.46 599.58M	-0.28% -287.20
KSE30	50,537.47 53.29M	-0.72% -365.80
KMI30	240,635.63 30.85M	-0.30% -712.23
KMIALLSHR	66,493.01 241.18M	-0.05% -31.35
BKTi	47,067.47 31.31M	-1.49% -711.54
OGTi	33,088.77 7.36M	0.53% 175.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,865.00	109,140.00 107,055.00	920.00 0.85%
BRENT CRUDE	64.88	65.04 63.86	2.29 3.66%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	92.75	0.00 0.00	0.70 0.76%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	60.75	60.87 59.64	2.25 3.85%
SUGAR #11 WORLD	15.13	15.44 15.03	-0.11 -0.72%