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.

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