Karachi February 29 2024: Ghani Chemical Industries is in process to setup Pakistan’s largest Air Separation Unit (ASU) plant for manufacturing of medical and industrial gases at Hattar Special Economic Zone.
“This is going to be the fifth expansion by the company with capacity of 275 TPD and expected to be in operation during April/May 2024” states the company in its recent financial disclosure.
“Alhamdulillah, import portion of Plant and Machinery of this project has arrived, unloaded and custom cleared” states the company.
In addition, Ghani Chemical Industries Limited is also in process for set up of import substitute calcium carbide manufacturing project at Hattar Special Economic Zone. Hopefully this project will save millions of US$ and shall also open the doors for earning foreign exchange for the country.
Both the projects are expected to be in operation during April/May 2024.
To meet the additional requirements of medical and industrial gases in Southern Region of the country, Ghani Chemical Industries has decided to relocate one of the 110TPD ASU plant installed at Phool Nagar (out of two) at some suitable location after installation & commissioning of Hattar Plant.
To overcome the high utility price issue (being the only raw material for manufacturing of medical and industrial gases), Ghani Chemical has decided to set up 07MW Coal Power Plant based on mix of local & imported coal in Port Qasim and/or any other nearby suitable location at a projected cost of USD5.00-5.5 million. By setting up of this project, it is expected to save 45- 50 percent power cost of Air Separation Unit (ASU) plants of this subsidiary installed at Port Qasim, Karachi. This will also provide strong competitive advantage as power is major element in Production Cost.
