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Govt allows GCIL to setup calcium carbide manufacturing plant

Ghani Global Glass fully utilizes right subscription amount of Rs1.36bn
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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.

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Posted on: 2022-12-05T10:14:29+05:00

 

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