Govt allows GCIL to setup calcium carbide manufacturing plant

News Image

By Nilam Bano | December 05, 2022 at 10:14 AM GMT+05:00

0:00

December 05, 2022 (MLN): The  Environmental  Protection Agency,  Government of Khyber Pakhtunkhwa,  has accorded the approval for the setup of a Calcium Carbide manufacturing plant by Ghani Chemical Industries Limited (GCIL), the company filing on PSX said today. 

It is pertinent to mention that the company had already opened Letter of Credits (LC's) for the import of plant & machinery for setting up of Calcium Carbide manufacturing plant and the largest (275TPD) and 5th ASU plant of the manufacturing of medical and industrial gases at Hattar Economic Zone, District Haripur.

Approval from the Environmental Protection Agency, Government of Khyber Pakhtunkhwa for the setup of the ASU plant has already been obtained.

The company has been importing and trading in Calcium Carbide from last many years and this manufacturing facility of the company will not only be an import substitute by meeting the entire demand of the Pakistan market but will also open the doors to earn foreign exchange by exporting to Afghanistan, Middle East, SARC and other countries.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,686.66
280.01M
0.26%
342.63
ALLSHR 81,305.25
897.01M
0.35%
281.26
KSE30 39,945.45
114.02M
0.09%
37.19
KMI30 190,698.05
148.61M
0.61%
1163.05
KMIALLSHR 55,074.15
495.43M
0.53%
290.50
BKTi 34,568.40
28.73M
-1.07%
-372.33
OGTi 28,739.35
22.59M
1.57%
443.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,915.00 110,965.00
109,200.00
-370.00
-0.34%
BRENT CRUDE 68.84 69.14
68.32
-0.27
-0.39%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 108.60 109.80
108.60
-0.40
-0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.24 67.58
66.65
-0.21
-0.31%
SUGAR #11 WORLD 16.11 16.20
15.44
0.53
3.40%

Chart of the Day


Latest News
July 03, 2025 at 05:39 PM GMT+05:00

Gold price in Pakistan rises Rs800 per tola


July 03, 2025 at 05:17 PM GMT+05:00

Microsoft exits Pakistan after 25 years


July 03, 2025 at 04:43 PM GMT+05:00

Privatisation Commission approves advisors for ZTBL


July 03, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Holding Ground


July 03, 2025 at 04:00 PM GMT+05:00

PKR strengthens 9 paisa against USD



Top 5 things to watch in this week

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