Ghani Global Glass to set up another glass melting furnace for tube as demand increases

MG News | August 06, 2020 at 02:40 PM GMT+05:00

0:00

Aug 6, 2020 (MLN): The Board of Directors of Ghani Global Glass Limited has decided to set up another glass melting furnace for tube in view of an increase in demand for glass tubing, vials & ampoules and to meet forecasted export and local demands for COVID-19 vaccine.

As a result of this expansion plan, the production capacity of import substitute products will be 100% increased, as per the notification issued to PSX.

Copyright Mettis Link News

Related News

Sitara Chemical shines with robust 125% profit growth

Standard Chartered Bank Pakistan profit slides to Rs22.5bn

Tariq Glass net profit climbs 25.5% to Rs885m

Name	Price/Vol	%Chg/NChg
KSE100	160,652.55 128.33M	0.34% 551.52
ALLSHR	97,884.04 307.69M	0.37% 358.50
KSE30	48,998.75 44.16M	0.29% 139.34
KMI30	232,558.07 23.18M	0.16% 369.19
KMIALLSHR	64,111.39 133.96M	0.24% 152.60
BKTi	45,227.78 23.44M	0.62% 279.74
OGTi	31,624.32 2.68M	0.26% 83.19

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	113,230.00	113,380.00 112,135.00	-515.00 -0.45%
BRENT CRUDE	64.40	64.70 64.23	0.00 0.00%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-0.55 -0.68%
ROTTERDAM COAL MONTHLY	92.50	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.15	60.41 59.95	0.00 0.00%
SUGAR #11 WORLD	14.39	14.59 14.28	-0.07 -0.48%