GGGL sets up second furnace to double its production capacity

By 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	120,023.24 136.80M	0.02% 20.65
ALLSHR	74,956.95 415.25M	0.09% 64.82
KSE30	36,533.23 44.37M	0.25% 91.50
KMI30	177,648.07 53.46M	0.48% 854.02
KMIALLSHR	51,412.96 224.87M	0.22% 113.15
BKTi	30,161.85 6.28M	0.10% 29.54
OGTi	27,008.50 5.66M	0.59% 157.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	103,730.00	106,725.00 102,425.00	-235.00 -0.23%
BRENT CRUDE	77.32	77.67 75.51	-1.53 -1.94%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-3.70 -4.03%
ROTTERDAM COAL MONTHLY	103.85	0.00 0.00	0.35 0.34%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	74.04	75.74 72.32	0.54 0.73%
SUGAR #11 WORLD	16.53	16.73 16.44	0.22 1.35%