August 20, 2020 (MLN): The Board of Directors of ICI Pakistan Limited has approved the commencement of capacity expansion of Light Soda Ash at its Khewra Plant by 125,000 tons per annum (TPA).
Based on the fundamentals of the Soda Ash business, the growing market needs, and its positive outlook on the Company and the economy, the Board has decided to go beyond the earlier announced capacity expansion of 75,000 TPA, ICI said in a notification to PSX.
Around five years back, August 2015 to be precise, the company had announced a phased expansion of 150,000 TPA of Light Soda Ash at its Khewra Plant. The successful commissioning and commencement of operations of Phase 1 of 75,000 TPA took place in 2018.
In January 2019, the company announced the commencement of Phase 2 of its expansion by 75,000 TPA. Through this approval of an additional 50,000 TPA, the total capacity expansion of the Soda Ash Plant in Phase 2 now stands at 125,000 TPA.
This is yet another development towards the Company’s growth aspirations by enhancing the total installed capacity of its Soda Ash Business to 550,000 TPA.
