Hi-Tech Lubricants starts expansions at plant site of its subsidiary

MG News | January 26, 2021 at 02:48 PM GMT+05:00

0:00

January 26, 2020 (MLN): The Executive Management of Hi-Tech Lubricants Limited (HTL) has initiated expansions at the Plant Site of Hi-Tech Blending (Pvt.) Ltd. (HTBL) (a wholly-owned subsidiary of HTL) considering future high volumes of sales projections and increase in demand of locally blended products;

Installation of One (01) additional Filling & Packing Line, which will boost the needed filling & packing capacity by approximately 57%;
Installation of One (01) additional Extrusion Blow Molding Machine & Feeding Recycling System, which will boost the existing bottle manufacturing capacity by approximately 26%;
Construction of Two (2) additional Storage Tanks of 700 KL each along with Piping & Instrumentation (P&I), which will boost the existing storage capacity by approximately 40%.

The aforementioned information was announced by HTL via Pakistan Stock Exchange.

Copyright Mettis Link News

Related News

Hala Enterprises to increase weaving capacity by 75%

PSX Closing Bell: Flatlined but Holding On

PACRA maintains Nimir Chemicals' ratings

Name	Price/Vol	%Chg/NChg
KSE100	157,826.31 521.49M	1.06% 1648.49
ALLSHR	96,677.66 1,787.00M	1.10% 1047.28
KSE30	48,147.53 227.20M	0.98% 469.06
KMI30	232,353.06 271.75M	1.16% 2670.84
KMIALLSHR	64,964.85 936.11M	0.93% 598.08
BKTi	42,450.54 81.33M	1.26% 527.74
OGTi	31,673.70 12.92M	-0.20% -62.09

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,485.00	118,295.00 116,115.00	1660.00 1.43%
BRENT CRUDE	67.49	68.16 67.47	-0.46 -0.68%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.50	94.50 94.50	0.95 1.02%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.25	63.91 63.22	-0.45 -0.71%
SUGAR #11 WORLD	16.17	16.27 16.15	-0.10 -0.61%