ICI Pakistan announces commissioning of the Masterbatches Facility

MG News | May 10, 2019 at 01:06 PM GMT+05:00

0:00

May 10, 2019 (MLN): The Board of Directors of I.C.I Pakistan has announced that the Masterbatches plant located at west Wharf, Karachi, has been successfully commissioned and commercial production from the plant has commenced, a notification sent to Pakistan Stock Exchange revealed on Friday.

Over the last few years, the market for Masterbatches has shown solid growth in Pakistan and this trend is expected to continue in the future as well. With latest European technology and well equipped research and development laboratory, the company is well positioned to continuously innovate and develop high quality, specialized solutions for customers.

Moreover, the modern production facility will be backed by well-trained and qualified technical staff for ongoing customer supports.

“This development is another strategic step towards the Company’s growth aspirations by enhancing the product portfolio of the Chemicals Business by bringing leading edge solutions to the customers” the notification added.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	134,299.77 290.06M	0.39% 517.42
ALLSHR	84,018.16 764.12M	0.48% 402.35
KSE30	40,814.29 132.59M	0.33% 132.52
KMI30	192,589.16 116.24M	0.49% 948.28
KMIALLSHR	56,072.25 387.69M	0.32% 180.74
BKTi	36,971.75 19.46M	-0.05% -16.94
OGTi	28,240.28 6.19M	0.21% 58.78

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,140.00	119,450.00 115,635.00	4270.00 3.75%
BRENT CRUDE	70.63	70.71 68.55	1.99 2.90%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.10 1.14%
ROTTERDAM COAL MONTHLY	108.75	108.75 108.75	0.40 0.37%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.75	68.77 66.50	2.18 3.27%
SUGAR #11 WORLD	16.56	16.60 16.20	0.30 1.85%