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Tariq Glass closes one of the furnaces for major repair

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April 18, 2022 (MLN): Tariq Glass Industries Limited (TGL)’s furnace producing float glass (Unit-I) has outlived its useful campaign life and closed for rebuild / major repair on April 18, 2022, the company’s filing on PSX showed today.

The said furnace will be fired again after the rebuild / major repair within a period of five to six months.

Earlier, Feb 21, 2022, with an enhanced capacity of 200 metric tons per day, the company ignited/ fired one of the tableware-producing furnaces which was closed for a scheduled rebuild.

The stock of the company is trading at Rs132 [12:50 PST], down by 3.42%.

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Posted on: 2022-04-18T12:57:20+05:00

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