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Ghani Chemical Received Regulatory Approvals For Setting Pakistan’s Largest Air Separation Unit

admin-augaf by admin-augaf
September 25, 2022
in Business, National, News
Reading Time: 1 min read
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Ghani Chemical Received Regulatory Approvals For Setting Pakistan's Largest Air Separation Unit

Ghani Chemical Received Regulatory Approvals For Setting Pakistan's Largest Air Separation Unit

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Karachi September 25 2022: Ghani Chemical Industries Limited (GClL) has received the approval from both the Environment Department, and the Hattar Special Economic Zone of KPK, for the setting up of Pakistan’s largest Air Separation Unit (Oxygen manufacturing).

The plant having the capacity of producing 270 ton per day of Medical and Industrial Gases.

The said plant shall cater to the growing demand for the medical and industrial gases of KPK, Gilgal Baltistan, Central Asia and other upcoming CPEC projects of Pakistan.

GCIL is one of the subsidiary company of Ghani Global Holdings Limited (GGL) and the largest manufacturer of medical and industrial gases in Pakistan.

“We would like also mention here that after the sanction of merger scheme by the Honorable Lahore High Court, G3 Technologies Limited (GTECH / another listed associated company) will stand merged into GCIL, and GCIL will get the status of a listed entity at PSX. The decision of the merger petition is expected shortly.” says Company Chairman

Ghani Gases (Private) Limited (GGL) was incorporated in Pakistan on November 19, 2007 as a company limited by shares under the Companies Ordinance, 1984 and was converted into a public company on February 12, 2008. The principal activity of the Company, subsequent to the separation of manufacturing undertaking, is to manage investments in its Subsidiary and Associated Companies.

Source: Pakistan Stock Exchange
Tags: Air Separation UnitGCILGGLGhani Chemical Industries Limited
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