Cherat Packaging Limited announced that its Board of Directors has approved the acquisition of a second extrusion plant, including an insulating film extrusion line and associated equipment, at an estimated cost of Rs 1.4 billion. “We are pleased to learn that the Board of Directors of the company has approved the acquisition of a second … Read more
Islamabad: The Sahiwal Power Plant, equipped with 2 x 660 MW coal-fired supercritical steam generators operating at around 570°C, has the capacity to generate more than 9 billion kWh of electricity annually. Supercritical technology, which operates at higher temperatures and pressures compared to conventional coal-fired plants, increases efficiency, resulting in lower coal consumption and lower … Read more
A leading Chinese lithium battery manufacturer has expressed interest in establishing an assembly and manufacturing plant in Punjab. The announcement came during a meeting between a Chinese delegation led by Eenovance CEO Shi Yukun and Punjab Industries Minister Chaudhry Shafie Hussain. Shi Yukun has requested eight acres of land at Quaid-e-Azam Business Park in Sheikhupura … Read more
Thatta Cement Limited has rejected the allegations of sudden closure of the plant, terming them baseless and inaccurate. The company issued a clarification on Thursday in response to statements made during a competitor’s company briefing on November 20, 2024. In a notification to the Pakistan Stock Exchange (PSX), Thatta Cement Company explained that it has … Read more
A man walks near machinery in the hot strip mill section at Pakistan Steel Mills (PSM) on the outskirts of Karachi on February 8, 2016. — Reuters Sindh Chief Minister Murad Ali Shah said efforts to revive Pakistani steel mills are making progress, with an online meeting scheduled next week between Pakistani experts and representatives … Read more