ICI Pakistan approves up to $21mn CAPEX for coal-fired boiler

MG News | April 27, 2022 at 09:51 AM GMT+05:00

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April 27, 2022 (MLN): The Board of Directors of ICI Pakistan Limited has approved a capital expenditure of up to $21 million for the installation of an additional coal-fired boiler (CFB) at its Soda Ash plant in Khewra, the company’s filing on PSX showed Wednesday.

The installation of an additional CFB will support the expansion of the Soda Ash business.

The company has duly caused this form/statement to be signed on its behalf by the undersigned hereunto duly authorized, it added.

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