Govt allows GCIL to setup calcium carbide manufacturing plant

News Image

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

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 177,781.32
176.17M
1.05%
1853.58
ALLSHR 107,526.52
438.56M
1.04%
1106.73
KSE30 53,193.06
54.22M
1.10%
577.25
KMI30 250,555.29
59.26M
1.11%
2738.94
KMIALLSHR 68,874.81
236.86M
0.94%
642.11
BKTi 50,640.03
18.53M
1.11%
554.83
OGTi 35,003.18
3.29M
0.75%
260.56
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,010.00 66,100.00
65,165.00
825.00
1.27%
BRENT CRUDE 88.46 88.99
88.11
-0.76
-0.85%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.25
-1.17%
ROTTERDAM COAL MONTHLY 119.80 0.00
0.00
-0.10
-0.08%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 82.10 82.74
81.82
-0.38
-0.46%
SUGAR #11 WORLD 14.81 14.94
14.73
-0.02
-0.13%

Chart of the Day


Latest News
July 21, 2026 at 11:47 AM GMT+05:00

Petroleum Minister, PPDA discuss pricing reforms, margins


July 21, 2026 at 11:42 AM GMT+05:00

FY27 IPO activity begins with Tasdeeq approval


July 21, 2026 at 11:26 AM GMT+05:00

Fertilizer offtake decreases around 9% YoY in June FY26


July 21, 2026 at 11:05 AM GMT+05:00

Pakistan, IMF remain split over gas debt resolution plan



Top 5 things to watch in this week

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