Ghani Gases Ltd’s third ASU plant nears completion

News Image

By MG News | March 05, 2019 at 01:18 PM GMT+05:00

0:00

March 05, 2019 (MLN): Ghani Gases Limited on Tuesday informed PSX that after clearance from the Port, imported plant and machinery for 3rd ASU plant of the company arrived at site of the company i.e. Phool Nagar Bypass, Kistrict Kasur in February, 2019, and currently installation activity is being carried out. The commissioning of the plant is planned by mid May 2019.

Ghani Gases Limited entered in Industrial and Medical gases market in 2009 and in last 10 years this is company’s 3rd plant. Initially, during 2009, company set up its 1st state of the art 110TPD ASU plant at Phool Nagar, District Kasur and entered in the business for manufacturing of liquefied industrial and medical gases. Thereafter, during 2014, to capture the liquefied industrial and medical gases market in south, the company setup another 110 TPD ASU plant in Port Qasim, Karachi.

In the line with the aggressive expansion and BMR strategy, this would be the third 110TPD ASU plant of the company that will be in operation by May 2019. As already announced, planning is underway for a new 4th expansion in South.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,570.00 108,105.00
107,505.00
-665.00
-0.61%
BRENT CRUDE 66.44 66.63
66.34
-0.30
-0.45%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.79 65.02
64.67
-0.32
-0.49%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
July 01, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management



Top 5 things to watch in this week

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