Ittehad Chemicals announces commencement of LABSA operations

MG News | May 12, 2022 at 12:39 PM GMT+05:00

0:00

May 12, 2022 (MLN): Ittehad Chemicals Limited has commenced the commercial operations of its state-of-the-art LABSA/SLES Plant, the company’s filing on the bourse showed today.

This Plant is in addition to the existing LABSA/ SLES Plant capacity i.e., 24,000 M. Tons per annum (Total capacity of the LABSA / SLES Plant after the expansion has been enhanced to 70,000 M. Tons per annum).

The Plant will continue to make its contribution towards the Company's profitability, the notice said.

The inclusion of the enhanced capacity of the LABSA/SLES Plant in the company’s operations testifies to the management’s commitment to increase its shareholders’ value, it added.

At the time of reporting this, the stock of the company is trading at Rs28.50, which is Rs0.18 or 0.63% down compared to yesterday’s price.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	162,166.72 203.93M	0.30% 479.54
ALLSHR	98,355.75 1,122.36M	0.29% 280.48
KSE30	49,032.64 55.25M	0.17% 81.66
KMI30	231,377.45 64.27M	0.28% 653.03
KMIALLSHR	63,885.99 434.25M	0.21% 135.28
BKTi	44,337.09 10.45M	-0.09% -40.46
OGTi	31,054.14 3.63M	-0.22% -69.82

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,720.00	92,305.00 89,325.00	-1250.00 -1.36%
BRENT CRUDE	63.67	64.02 63.62	-0.53 -0.83%
RICHARDS BAY COAL MONTHLY	85.75	0.00 0.00	0.20 0.23%
ROTTERDAM COAL MONTHLY	96.45	0.00 0.00	0.30 0.31%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	59.32	59.81 59.26	-0.59 -0.98%
SUGAR #11 WORLD	14.75	14.94 14.65	-0.21 -1.40%